Stellar has partnered with crypto exchange Mercado Bitcoin, while The Sandbox (SAND) is topping Coinbase’s charts. Celestia launches Testnet for the first modular Blockchain network, while Wormhole is expanding into the Cosmos ecosystem. XcelTrip adds support for Shiba Inu (SHIB), and Avalanche has submitted a Subnet offering for the metaverse transition of ApeCoin DAO. You should keep reading us for details…
Stellar, Sandbox, Celestia, SHIB and important news from these altcoins
Stellar partnered with crypto exchange Mercado Bitcoin
Stellar The Development Foundation (SDF) has partnered with Mercado Bitcoin, Latin America’s largest exchange, and developed one of nine projects selected for LIFT Challenge Real Digital, a collaborative environment run by the Brazilian Central Bank to explore use cases for a Central.
Brazil’s Central Bank said in March it has selected nine partners to help develop digital Real, the country’s central bank digital currency (CBDC). Crypto exchange Mercado Bitcoin, Santander Brasil and Ita Unibanco were also among the selected partners. This comes after the Federal Reserve announced late last year that a CBDC pilot program will begin in 2022, with the full version available in 2024.
On the other hand, the Stellar Development Foundation (SDF), PricewaterhouseCoopers ( PwC US) commissioned the Blockchain protocol to provide a framework for assessing electricity consumption and emissions.
The Sandbox (SAND) enters Coinbase’s charts!
As we reported as Kriptokoin.com, Coinbase will list the popular metaverse coin The Sandbox (SAND) tomorrow, according to a statement made on its Twitter account today evening. The gospel had an immediate impact on the market and the SAD jumped from $1.23 to $1.35.
According to Coinbase’s announcement, the listing will take place tomorrow at 19:00. However, investors can already send SAND to the exchange. The exchange also stated that users will be able to trade in SAND/USDT when the necessary conditions are met.
Celestia launches Testnet for first modular Blockchain network
The company announced on Wednesday that its Layer-1 Blockchain iCelestia’s ‘Mamaki’ test announced the launch of its network, which brings it one step closer to becoming the first fully functional modular blockchain. Modular networks separate consensus from execution, allowing users to spin their own blockchains at scale while maintaining the security standards of competing layer-1s.
The project, backed by venture company NFX, Cosmos developer Zaki Manian, and a handful of others, believes its technology can put an end to the “monolithic age” of tier-1 competition and ultimately seek greater mass adoption. believes it can offer a sovereign and scalable solution.
Wormhole expands into Cosmos ecosystem
The cross-chain bridge powered by Jump Crypto, Wormhole expands into the Cosmos ecosystem, marking the project’s 11th collaboration with base layer Blockchain. Wormhole has partnered with Injective, an Ethereum-compatible blockchain that can natively communicate with Cosmos. Eric Chen, CEO of
Injective Labs, said in a statement, “As Wormhole is a major force in the crypto industry, the partnership continues to expand the Injective network and support new dApps built on top of Blockchain. he will focus.
XcelTrip adds Shiba Inu (SHIB) support
XcelTrip, a next-generation decentralized travel and reservations platform, has added support for Shiba Inu (SHIB). The announcement was made public by the company via tweet. Alongside this latest addition, the travel company accepts nine more cryptocurrencies, including major ones. The list includes Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance Coin (BNB), Litecoin(LTC), Bitcoin Cash (BCH), XcelDefi (XLD), XDC Network (XDC), and XcelToken Plus (XLB).
XcelTrip provides its users with a decentralized travel ecosystem. This decentralized travel ecosystem allows users to directly connect and access travel service providers without the need for intermediaries for travel planning and booking. The company has created a platform and foundation to leverage crypto adoption and use cases to make this system fully decentralized.
Avalanche submits Subnet bid for ApeCoin DAO’s transition to metaverse
Avalanche (AVAX) developers deploy Bored Ape Yacht Club (BAYC) metaverse from ApeCoin (APE) community as Avalanche subnet submitted a proposal for their creation. The proposal argues that Otherside, the BAYC metaverse, could benefit from Avalanche’s low-fee and high-speed network.
Ethereum Blockchain rival Avalanche will additionally provide access to a $290 million incentive program to support development costs. In addition, it will offer technical expertise and marketing support.
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