Last Minute For These 5 Altcoins On The Radar Of The Turks!

The altcoin market kicked off March with news of investments and partnerships from crypto brands like Binance and Jump Crypto. In this article, we have compiled the hottest altcoin developments announced in the past hours.

Chainlink invites Web 2.0 developers to altcoin market with new platform launch

Ethereum-based Blockchain network Chainlink (LINK) has announced that it has launched a new platform to help developers connect Web 3.0 to Web 2.0 APIs. The new Chainlink platform will basically help developers connect their dApps and smart contracts to any web 2.0 API.

Chainlink Labs chief product officer, Kemal El Moujahid, said the platform can reduce activities on Web 2.0 APIs to a few minutes. The platform will also help developers connect with Amazon Web Services (AWS) and Meta.

Digital bank Revolut supports direct transactions for this altcoin

Global financial super app Revolut, with 25 million customers worldwide, announced that it will support the purchase of ACH, the cryptocurrency of Alchemy Pay on Ethereum and BNB Chain. This move will allow Revolut users to purchase ACH directly from their Revolut account, giving ACH even more uses.

Algorand (ALGO) hires its first CFO

Layer 1 blockchain protocol Algorand (ALGO) has hired veteran Matthew Commons as its first chief financial officer, as it intends to expand its growth strategies and capital management. “One of my first priorities will be to help identify areas of strategic growth with the leadership team and then make sure we have the right financial plans to pursue them,” Commons said in a statement.

Brazilian digital bank Nubank announces partnership with this altcoin project

Brazilian digital bank Nubank has launched its own cryptocurrency, Nucoin, which functions as a loyalty program and is free for its customers. Developed in partnership with Polygon, the blockchain network behind MATIC, the project will mint 100 billion Nucoins, roughly 80% of which will be distributed to end users, including Nubank customers and other companies that can later join the protocol.

Jump Crypto supports $50M incubator program for fan tokens

Chiliz (CHZ), a global blockchain leader in Web3 sports and entertainment, announced the launch of Chiliz Labs, a $50 million development and acceleration program, on March 1, 2023. Sponsored by Jump Crypto, the program aims to provide actionable strategic guidance and funding.

Kanav Kariya, President of Jump Crypto, said that Chiliz has developed a unique solution to scale their brand sustainably and cost-effectively and maximize fan engagement globally, one of the most glaring challenges facing sports teams and leagues. Kariya added that they are excited to support Chiliz Labs in leveraging Web3 technology to bring teams and fans closer together.

cryptocoin.comAs Binance CEO, we reported that CZ introduced an artificial intelligence program that creates Dall-E-like images today.