Over the weekend, important news for many altcoin projects draws attention. Here are the ecosystem developments and agenda topics that are expected to be experienced over the course of two days…
There are important developments for these altcoin projects
- The team behind Baby Doge Coin (BabyDoge) has finally announced the launch date of the highly anticipated Burn Portal. He said the portal will go live on February 13, 2023. To celebrate the launch, BabyDoge announced that it will gift one user $500.
- BabyDoge announced that it burned $353 million worth of BabyDoge tokens the other day.
- The number of smart contracts deployed on the Cardano (ADA) network has exceeded the 5,000 mark for the first time.
- X2Y2 will unlock 12.5 million treasure tokens and 37.5 million team tokens today.
- Stani Kulechov, the founder of Altcoin Aave (AAVE), said the other day that he would announce a “secret product launch.” Therefore, the price of AAVE had increased. Today, it turned out that the announcement in question was a development regarding Kulechov’s private life and therefore the AAVE price went down.
- According to Whale Alert, 184.6 million Dogecoin tokens were recently withdrawn from Binance. The receiving end of this transaction, which was equivalent to $17 million, was an anonymous address.
- In early 2023, the Shiba Inu (SHIB) saw a 45 percent growth in January, providing a slight rebound in the market.
- Ethereum’s core development team has announced that the Shanghai and Capella forks will launch on the Zheijang testnet on February 7, 2023.
- Activision Blizzard has agreed to pay a $35 million fine to the SEC for failing to meet disclosure controls and for developments stemming from allegations of workplace misconduct.
- A draft of MakerDAO’s proposed governance rules has emerged. According to the draft, MakerDAO, which issues the DAI stablecoin, will join the fight against climate change with 20,000 MKR tokens (approximately $14 million) to fund sustainability campaigns by 2040.
- Lyra, an automated market maker for crypto traders to buy and sell options contracts, is now a multi-chain protocol after successfully launching the Newport upgrade.
- LBank announced today that it will list ARIALAND (ARIA) on February 6.
- Google has invested $300 million in artificial intelligence (AI)-focused startup Anthropic.
- LBank announced today that it will list Metaverser (MTVT) on Feb.
- cryptocoin.comAs we reported, Protocol Labs, the company behind Filecoin (FIL), is laying off 21 percent of its employees.
- The hacker responsible for the $120 million attack on BonqDAO sent more than 1,500 Ethereum to Tornado Cash.
- Revest Finance (RVST) and Alchemix (ALCX) will hold a joint question and answer event today.
- Flux (FLUX) will be halving today, reducing the block reward from 75 FLUX to 37.5.
- The Terra Classic network accepted the proposal to re-peg the UST.
- In the last 24 hours, the SHIB burning rate has increased by more than 500 percent.
- The Efinity token (EFI) has been certified by the Japan Virtual and Crypto Assets Exchange Association (JVCEA). Namely, the organization allowed Japanese crypto asset providers to manage the EFI.
- MultiversX announced its partnership with Ledger. With the integration of EGLD staking into the Ledger Live App, more than 1.5 million users will have access to EGLD staking services.
- Ethereum scaling network Optimism, which operates as an L2 network, announced plans to upgrade its network in March.
- According to a financial report by Steakhouse Financial, MakerDAO has seen a marked decline in its 2022 revenue.
