There have been many important developments this week, from the announcement of the release date of the Cardano Vasil hard fork to the millions of XRP unlocked. In this article, let’s take a look at the hot developments with SHIB, ETH, ADA, XRP, BABYDOGE and 10 altcoin projects.
Here is the news of the week from SHIB and 15 altcoin projects
- Shiba Inu (SHIB) has been accepted as a payment method by food delivery service companies UberEats and DooDash. The two firms accept payments in 10 cryptocurrencies through Bitpay. Coins listed include BTC, ETH, DOGE, BCH, WBTC, LTC, XRP, GUSD, USDC, PAX, DAI and BUSD.
- Tezos has announced that it has launched the 10th protocol upgrade, “Jakarta,” named after the Indonesian capital. It is expected that Jakarta will bring roll-ups to Blockchain and make an improvement to the “Michelson Tickets” system.
- Binance has announced that it will support Wanchain (WAN) network upgrade. Deposits and withdrawals for the WAN will be suspended at approximately 15:00 on July 5.
- Cardano’s founder, Charles Hoskinson, was featured in London’s most widely read financial and business newspaper.
- Welly, the first NFT project to receive an award from fast-food stores supported by Shiba Inu (SHIB), shared that the team is working on WellyDogDAO. The launch is expected in the next two months.
- Less than 24 hours after the Baby Doge team burned 50 quadrillion BABYDOGEs worth $88 million, they announced they had burned another quadrillion BABYDOGEs.
- Despite the massive collapse of Terra UST and LUNA, many investors continued to invest. The moves made by these investors have helped the recovery over the past few days.
- The CFTC, which you follow on Kriptokoin.com, accused Mirror Trading International and the owner of the firm, Cornelius Steynberg, of fraud. He claimed that the company was operating as a fraudulent multi-level marketing plan that scammed billions of dollars from investors. In its statements on the matter, the regulator said, “This action is the largest fraud scheme involving Bitcoin collected in any CFTC lawsuit.”
- Centri, a top financial and business consulting firm, has partnered with BitPay to enable cryptocurrency payment acceptance for customers. Shiba Inu (SHIB) was included in the limited list of supported cryptos. Supported cryptocurrencies include BTC, ETH, DOGE, BCH, WBTC, LTC, XRP, GUSD, USDC, PAX, DAI and BUSD.
- On its official Twitter account, BabyDoge expressed the community’s gratitude to Tesla CEO Elon Musk.
- According to the latest updates provided by his team, Cardano’s algorithmic stablecoin Djed, developed in collaboration with the COTI network, will be released shortly after the launch of the Vasil Hard Fork mainnet.
- Activity on the XRP network has skyrocketed following the unlocking of 1 billion XRP on the Ripple Escrow Wallet and a series of massive transfers worth around $108 million on the Blockchain. Meanwhile, more than $30 million in XRP was sent to exchanges.
- FTX has agreed to buy BlockFi for up to $240 million. The deal includes a $400 million revolving credit facility.
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