Uniswap is preparing to go live on the Polkadot Blockchain network. IOVLabs announced a $2.5 million grant program. Crypto.com MATIC adds payment support for USDC and DAI. And there is hot news from more altcoin projects.
Breaking news from UNI, MATIC, ATOM and more projects…
Uniswap will go live on Polkadot
Uniswap, the leading decentralized exchange (DEX) platform, is preparing to go live on the Polkadot Blockchain network as a demonstration of the interoperability of both protocols. In line with this, Polkadot made a statement. Accordingly, DEX will be activated through one of its first parachutes, the Moonbeam Network.
IOVLabs announces $2.5 million grant program
During the first-ever Bitcoin Builders Conference in Miami, Florida, IOVLabs representatives shared details of the upcoming quarterly hackathon and grant program for early-stage Bitcoin (BTC) developers. IOVLabs is a leading technology company in the Bitcoin-based dApps segment. According to the official announcement shared by IOVLabs, it launched a massive $2.5 million grant campaign.
Decentraland (MANA) up 10%
MANA has recorded a significant price increase in the last 24 hours. After that, it is visibly leading the altcoin rush today. During this timeframe, the metaverse-focused token jumped 10.26% above its spot price of $0.5193.
Ledger Live adds support for ATOM and Cosmos eco-projects
Cryptocurrency wallet app Ledger Live adds support for ATOM as well as Cosmos eco-projects Onomy, Quicksilver and Persistence. Thus, it allows users to send, receive and pledge ATOM via Ledger Live. Ledger has announced that it will support Axelar in two weeks. It also noted that it will add support for more than 20 new Cosmos ecosystems by the end of the year.
OpenDAO’s BRC-20 DAO will distribute 2.1 million Majo
OpenDAO’s BRC-20 DAO will airdrop 2.1 million Majo tokens to Ordi and Majo holders. For this, he announced that he will join forces with the trading platform Gate. This amount represents 10% of the total token issuance. In addition, the BRC-20 DAO’s launchpad will be live soon. This will allow Majo holders to participate in the new altcoin project investment campaign. cryptocoin.com As we previously reported, OpenDAO’s BRC-20 DAO stated that 50% of the token will be airdropped directly to players participating in the Ordinals ecosystem deal. He noted that he will do this with the aim of growing the BTC Ordinals ecosystem.
Find Satoshi Lab launches strategic investment arm
According to official sources, STEPN developer Find Satoshi Lab has set up a strategic investment arm with its first investment in smart contract wallet Versa. Accordingly, in April, FSL also invested in HypeSaints, the Mooar Launchpad Season1 winning project. In the future, FSL’s strategic investment arm will support more teams with the desire to make user-oriented products. It will also help them evolve, grow and prepare for the next mass adoption cycle.
Bitpanda’s Pantos introduces Multichain Token Creator
Pantos introduced Multichain Token Creator, an intuitive web application designed to facilitate the creation and distribution of multi-chain tokens. This tool will run on the Pantos Digital Asset Standard (PANDAS). Thus, it will allow users to create their base token and develop it further by downloading and customizing the contract code.
Story Protocol raises $29.3 million in seed round
Web3 startup Story Protocol has successfully completed a $29.3 million seed round led by Andreessen Horowitz’s crypto fund A16z Crypto. Leading investors such as Hashed, Mirana Corp, DAO5, Samsung Next Fund, Two Small Fish Ventures, Berggruen and SLVC also participated in the funding round.
NEAR Protocol collaborates with Wormhole
High-performance Blockchain protocol NEAR has announced that it has selected Wormhole as the next official bridge for the platform. This partnership will launch the first trusted Zero Knowledge (ZK) NEAR <> ETH corridor. The altcoin project thus aims to revolutionize cross-chain interoperability. Once operational, this corridor will enable large NEAR assets to be seamlessly bridged to more than 20 Wormhole-connected Blockchains. It will also bring communities from hundreds of Wormhole supported apps to the NEAR ecosystem.
The fifth largest SHIB and DOGE whale are the same person!
The cryptocurrency world always has a few surprises. This time came a big surprise. It turns out that the same asset is behind both wallets, containing the fifth largest holders of Shiba Inu (SHIB) and Dogecoin (DOGE). The organization in question, suspected of being Jump Trading or a partner of Jump Trading, now holds 20 trillion SHIB worth $176 million and DOGE 3.4 billion worth $248 million. Interestingly, he acquired these huge holdings through a series of transactions that took place almost simultaneously.
Coinbase will list SUI tomorrow
Leading crypto exchange Coinbase will add support for Sui (SUI) on its SUI network. The exchange warned users not to send this asset over other networks. He noted that otherwise there is a risk of losing their money.
Uniswap will be deployed on Moonbeam
Decentralized exchange Uniswap is getting a version of Polkadot via the Moonbeam network. Uniswap crypto exchange will soon be available on Moonbeam, a parachain of Polkadot. The proposal in this direction was approved on May 17 at the Exchange’s management forum. The proposal was put forward by the Blockchain education group in Michigan. Participants almost unanimously accepted the proposal.
Crypto.com MATIC adds payment support for USDC and DAI
Cryptocurrency exchange’s DeFi wallet and Payment service has launched a new update that adds support for more countries and tokens. Singaporean cryptocurrency exchange Crypto.com recently rolled out an update to its decentralized finance (DeFi) wallet service to support fiat-to-crypto purchases in more countries. Accordingly, Crypto.com is adding support for MATIC, USDC and DAI.