The most influential news of the week were the SEC-Ripple lawsuit and the Cardano Vasil upgrade. However, we should not miss the most developments from Web3 heavyweights such as Zilliqa and Helium. Here are the hot developments of the day from 22 altcoin projects…
The most important altcoin news of September 23
Zilliqa (ZIL) has released its own Web3 game console. Specifically, the console will have multiple capabilities that allow players to play while mining ZILs. Image of the first Zilliqa game to compete with PlayStation and other major studios:
Apecoin staking, Helium migration and Brave dApp integrations
- Telos (TLOS) has announced that it will host the first ever crypto hackathon on the Ivy League Campus.
- Blockchain-based internet browser Brave has added 16 new dApps to its wallet app. Polynomial, RadioShack, Solanart, Famous Foxes, Francium, Friktion, InstaDapp, KyberSwap, LooksRare, Step Finance, Unstoppable Domains, Biswap, CyberBox, Everlend and WallStreetBets are among the applications that will be integrated into the wallet.
- LUNC did not achieve the expected effect after launching the 1.2% token burning application from each transaction. Although efforts to reduce supply were effective at first, they soon lost interest.
- Helium (HNT), which aims to establish a wireless network around the world, announced that it will switch from its own Blockchain to Solana. The Solana migration, which is accepted by the community at a rate of 81%, aims to achieve a faster infrastructure.
- Zero-knowledge and Blockchain infrastructure firm Horizen Labs has announced that ApeCoin (APE) staking will begin Oct.
In lieu of today’s postponed spaces, we wanted to share the go-live date for Ape Staking, which is currently scheduled for October 31st.🎃
— Horizen Labs (@HorizenLabs) September 22, 2022
EOS now has a more decentralized community
- The bankrupt crypto lending platform Celsius (CEL) plans to restructure its remaining crypto debts into ‘IOU’ tokens. Celsius currently owes nearly $5 billion to 500,000 creditors. The IOU token will be an option for investments that anticipate the firm’s long-term recovery.
- Boba Network became the first layer two Blockchain protocol in the Avalanche network.
- The EOS community has announced a major upgrade that will allow it to become an independent and fully self-sustaining platform. The community will become more decentralized following a consensus upgrade to Antelope Leap 3.1.
- NFT raffle project ‘Bored & Lucky’ joins Yuga Labs IP ecosystem. The platform will offer everyone a fair chance to win blue-chip NFTs and join some of the most dedicated NFT communities on Web3, such as BAYC, MAYC and CryptoPunks.
Ethereum and Solana battle for altcoin leadership
- STEPN celebrates its first anniversary among community members today. The Web3 project has raised $5 million from investors over the past year. It has reached over 4.72 million users worldwide in more than 200 countries. He also entered into numerous partnerships.
- Shiba Inu (SHIB) has confirmed that it will burn 5 percent of all profits from Shiba Eternity.
- Stripe has enabled payments in Circle’s USD Coin (USDC) stablecoins for freelancers.
- Solana has reached an important milestone with the number of transactions over 100 billion. Solana previously outperformed Ethereum in day-to-day transactions in the second quarter.
- cryptocoin.comAs you follow, Animoca Brands announced that it has hired the manager of a famous cryptocurrency exchange.
- Approximately 150,000 ETH was added to staking contracts in the week following the Ethereum merge escalation. ETH stakes reached an all-time high of 13.9 million.
- Binance announced that it has launched cross and isolated margin trading for Viberate (VIB), Golem (GLM), and Neblio (NEBL).
- Stablecoin giant Tether (USDT) has announced its integration with the Polkadot network. USDT can now be used on cross chain technology Polkadot.
