Today is the Critical Day for These 40 Altcoins: Here's What They'll Be! - Coinleaks
Current Date:November 7, 2024

Today is the Critical Day for These 40 Altcoins: Here’s What They’ll Be!

Today, there will be new developments for many altcoin projects. In this article, we will share the remarkable altcoin news throughout the day. Here are the details…

The critical day has arrived for these altcoin projects

  • Helium has launched its transition to the Solana Blockchain.
  • A hacker who exploited the decentralized finance protocol Safemoon has agreed to return 80% of the stolen funds worth $7.1 million, according to on-chain data released by Twitter user SafeMoonSpidey.
  • Project leaders at PancakeSwap suggested lowering the inflation rate target for the native CAKE token to 3%-5%.
  • Sweat Economy – The team behind the SWEAT token has announced a brand new Web3 governance proposal from the community. If the proposal is accepted, 100 million SWEAT tokens will be burned.
  • Liquid staking protocol Lido Finance has surpassed 6 million ETH, which equates to more than $12 billion in total locked value (TVL).
  • The IOTA Foundation has taken a step forward to accelerate the institutional adoption of IOTA as well as the shimmer network. To achieve this mission, the IOTA Foundation announced a subsidiary named SPYCE.5 last month.
  • VeChain has officially launched VORJ, a codeless “Web3 as a Service” platform that aims to revolutionize the blockchain development experience.
  • cryptocoin.comAs we have also reported, Aleph Zero (AZERO) has announced its $100 million ecosystem finance program.
  • BKEX announced the listing of a new trading pair that includes xSPECTAR and XRP, two tokens of the XRPL ecosystem.
  • FTX, the bankrupt exchange, received a $250 million bid to re-enter the market.
  • Rocket Pool has implemented the Atlas upgrade, which brings architectural changes and makes the protocol compatible with Ethereum’s Shapella hard fork upgrade.
  • NEAR Protocol (NEAR) will hold a question and answer event today at 19:00 CET.
  • Bancor Network (BNT) is ending the voting process for the BIP 23-28 proposal today.
  • Aragon Court (ANJ), Ethereum Name Service (ENS) is holding a joint question and answer event.
  • Decubate (DCB) will hold a question and answer event on Twitter Spaces.
  • Secret (SCRT) will hold the question and answer event at TSI 20.
  • Telos (TLOS) and Izumi Finance (IZI) will hold a question and answer event.
  • Perpetual Protocol (PERP) will hold a question and answer event.
  • MEXC Global lists Chain Guardians (CGG) in USDT pair at 18 CET.
  • MEXC Global listed Voltage Finance (VOLT) with USDT pair at TSI 9.
  • MEXC Global lists SmarDex (SDEX) in USDT pair at 15:00 CET.
  • Optimism’s native token OP rose on speculation that venture capital firm Andreessen Horowitz (a16z) will invest.
  • The Lido DAO community will vote to accept the airdrop of Abitrum and use the requested ARB tokens as emission rewards to encourage the use of wstETH throughout the Arbitrum ecosystem.
  • ETH transaction fees have skyrocketed as trading bots spend millions of dollars on PEPE and CHAD.
  • Web3 infrastructure platform Ankr became the first provider to provide this functionality by launching the Ethereum unstaking function.
  • Obol Network has announced the launch of the mainnet Alpha phase.
  • Blockchain infrastructure provider InfStones has launched its Ethereum validator service, which aims to meet market demand after the upgrade of Ethereum Shanghai.
  • Litecoin Foundation has officially announced that users will no longer be able to use the US Litecoin Visa Card from May 1, 2023 due to its partner Unbanked switching from its banking partner, Metropolitan Commercial Bank.
  • According to the latest statement from TerraCVita, the attack on Terraport, a DeFi platform embedded in the Terra Classic (LUNC) network, is linked to a known criminal organization.
  • Binance will initiate withdrawals for ETH 2.0 staking at 11 pm today.