This week, multiple altcoins have distributed million-dollar prizes to new projects as part of various Hackathon events. The main headlines of the recent developments are as follows…
Award-winning altcoin projects of the week
- The winners of the Injective Hackathon 2023 have been announced. The first is the options contract Exotic Markets, the second is the lending contract iLend, and the third is the asset management contract Black Panther.
- The Sui Foundation awarded $986,000 to 11 Sui-based projects. Awarded projects: Web3 data infrastructure company BlockVision, gamification experience tool provider HolaSui, KSui for client setup with Sui, Lotus Galaxy developing NFT tools, open source API and tool developer Move Dev, Orange Comet, Pyth Network, Sentio, NFT platform Somis. xyz and social app Suia.
- Polkadot ecological smart contract platform Astar Network has announced that it will launch Astar 2.0 and SDK Astar Link, including improving the token economy.
- Delphi Labs announced the winning results of the Delphi Labs Cosmos Hackathon, organized in collaboration with Osmosis, Injective and Neutron. The winning projects are: account abstraction project Obi, privacy project Aegis Finance, and perpetual contract trading project OmxApp.
1/ We recently teamed up with @osmosiszone, @Injective_ and @Neutron_org to host the Delphi Labs Cosmos Hackathon.
With 250+ participants and 60 submissions, we are thrilled to announce the top 3 winners from each ecosystem 🧵👇 pic.twitter.com/TKOfwSScqr
— Delphi Labs (@delphi_labs) June 15, 2023
Affiliate news
- Automata, the computing protocol for powering Web3 applications, has announced the integration of 1RPC with the Secret Network.
- A wallet affiliated with Curve founder Michael Egorov has reduced its debt by repaying a 1.35 million USDT loan on Aave. Egorov’s move came as Curve’s native token (CRV), used as collateral for the loan, dropped significantly last week, lowering the health factor of the loan and increasing the risk of liquidation.
- Avantgarde Finance Group has partnered with Agio Digital, a cryptocurrency and funds platform, to launch an enterprise-grade on-chain platform.
- Polkadot network announced the official arrival of Polkadot OpenGov, an open governance platform.
1/ 🎉 Polkadot OpenGov, the pinnacle of governance systems in Web3, has officially arrived! Welcome to the new era of fully autonomous, transparent, & efficient decision-making where the entire process is handed over to the DOT community. 🌐 pic.twitter.com/zli6Vln7Dt
— Polkadot (@Polkadot) June 15, 2023
Altcoin listing and delist news
Binance has announced that it will delist eight BUSD pairs from its margin trading platform. This strategic decision comes amid a series of regulatory reviews and recent concerns about Binance’s native token, BNB. Delisted trading pairs: FARM/BUSD, LSK/BUSD, MBL/BUSD, PLA/BUSD, PUNDIX/BUSD, SC/BUSD, MBL/BUSD and PUNDIX/BUSD.
#Binance Margin will delist 8 pairs across Isolated and Cross Margin.
More details here 👇https://t.co/4BaYLNSCe2
— Binance (@binance) June 15, 2023
OKX has listed Omega Network (OMN) in the OMN/USDT pair.
😎 Take charge of your mining activities with ease. Be part of the mobile mining revolution Ω$OMN Omega Network @OMCoreTeam, a one-stop-shop app for hassle-free crypto mining, gets listed on #OKX!
▶ Deposit is now OPEN 🟢
📈 OMN/USDT Spot Trading: 10:00 am Jun 16 (UTC)— OKX (@okx) June 13, 2023
It started trading for OMN/USDT on KuCoin.
Biconomy has listed AI Network (AIN) in pair AIN/USDT.
🚀 #Biconomy is listing @ainetwork_ai for Spot Trading!🚀$AIN is the medium of exchange that powers the AI Network ecosystem, a L1 network of decentralized GPUs that support AI functions and programs🚀
Full details👉 https://t.co/ROmY580s2Z#BiconomyExchange #Crypto #AI #AIN pic.twitter.com/n5RK6brJFW
— Biconomy 🌎 (@BiconomyCom) June 14, 2023
Coinstore has announced that it will list WAGMI Game (WAGMIGAMES) on the 1MWAGMIGAMES/USDT pair.
📣 @CoinstoreExc will officially launch the #WAGMIGAMES USDM Perpetual Contract at 9am on 16 June, 2023 💎 (UTC)
For more information check out: https://t.co/Bt8rftC0h9
[Leverage trading carries significant risk] pic.twitter.com/OeCnCiXWxb
— WAGMI Games (@WagmiGameCo) June 14, 2023
cryptocoin.comAs we have reported, Binance announced that it will delist Pepe (PEPE) from the Flexible Loan platform.
#Binance Flexible Loan has delisted PEPE as a borrowable asset.https://t.co/dHwFs7ilbp
— Binance (@binance) June 16, 2023
Announcements
Crypto trading platform Hashflow has guaranteed that it will refund its affected users after the exploit, in which at least $600,000 in cryptocurrencies were stolen from its platform.
https://twitter.com/hashflow/status/16695418242333365505
Prometheum founder Aaron Kaplan says he will win the SEC’s lawsuit against leading blockchain firm Ripple.
Prometheum CEO Aaron Kaplan Predicts @ripple loss
He sure does invoke Gensler/the SEC and what he thinks they are thinking and doing a lot. Reminds me of the way Joseph Lubin talked before #ETHGATE was uncovered @JohnEDeaton1 @bgarlinghouse @s_alderoty pic.twitter.com/9H5o6Q6bkQ— Digital Asset Investor (@digitalassetbuy) June 15, 2023
Decentralized finance (DeFi) protocol Sturdy Finance has reopened the stablecoin market after suffering a recent vulnerability on its platform. On June 16, it announced that it is not pausing the stablecoin market and allowing users to access its funds.
The stablecoin market is now unpaused, enabling users in this market to access their funds!
No funds in this market were ever at risk; the market was only paused out of an abundance of caution. As an additional safety measure, the bb-a-USD pool has been disabled 🛡 pic.twitter.com/uRL0gKQSEJ
— Sturdy 🧱 (@SturdyFinance) June 16, 2023
Events
KDA and FLUX will hold an AMA on Twitter tonight at 9 PM.
Join our co-founder @dak_flux and @tsncrypto for a twitter space with @KadenaEcosystem this Friday!
🗓️ June 16th at 6PM UTC
Set reminder: https://t.co/OQ8zHSzSmb$FLUX $KDA #web3community pic.twitter.com/7uuKLy6W27
— Flux-Web3 Cloud (@RunOnFlux) June 14, 2023
MAP Protocol (MAP) shared details about the Seoul Hackathon at an AMA meeting today.
🚀 Hey MAPO fams, wanna insights on #omnichain development and the recent #MAPO Seoul Hackathon?
🔥Drop them into the Google form and stand a chance to win rewards! 🎁👉👉https://t.co/fKJ4ESGCJb
🟣MAPO Community AMA Details🟣
Time 🗓 16 June | 10:00 PM UTC+8… pic.twitter.com/RIfcYmkRR8— MAP Protocol 💙 MAPO (@MapProtocol) June 14, 2023
Secret (SCRT) will hold a Discord event tonight at 20:00.
Don't miss @AlchemyLearn's AMA on Friday, June 16!@SecretSeanrad will answer questions in a session for beginning developers, happening exclusively on Discord at 5pm UTC / 1pm EDT. Follow the link to join, and have your questions ready!
Join: https://t.co/6dlw5uCiQx$SCRT pic.twitter.com/HV6Jn1gjSX
— 𝕊ecret Network 🤫⚡️ (@SecretNetwork) June 14, 2023
BAND and ZEN will hold an AMA today at 5:30 PM.
https://twitter.com/BandProtocol/status/166925997124992000
market analysis
According to Coinecko data, in the first half of 2023, only BGB, LDO, APT, GRT, RNDR and STX outperformed BTC among the top 50 crypto projects by market capitalization.
A dominância do BTC continua crescendo, chegando perto de 50%.
Em 2023, apenas 7 moedas principais superaram o BTC. Eles são $LDO , $APT , $GRT , $RPL , $RNDR , $STX e $BGB 💪
Provavelmente nada. pic.twitter.com/LTiskumou1
— Bitget Português (@bitget_pt) June 16, 2023
