We are about to leave another week behind as the cryptocurrency space. Meanwhile, activity continues in altcoin projects. Because the cryptocurrency space is a market that is active 24 hours a day, 7 days a week. For this reason, ecosystem developments draw attention at the weekend. In the list below, you can see what happened or what happened during the weekend.
There are important developments for these 14 altcoins
- Whale Alert has revealed that there has been a large flow of funds to cryptocurrency exchange OKEx. About $130 million worth of Tether (USDT) in an unknown wallet was sent to the exchange.
- Tron (TRX) is issuing a cryptocurrency denominated in the Chinese yuan. It is launching TrueCNH (TCNH), a central bank digital currency (CBDC) counterpart.
- Proximity Labs has developed the first non-Ethereum Virtual Machine (EVM) blockchain solution compatible with Metamask, a popular Ethereum wallet. Compatibility is ensured by a smart contract called NETH developed by Proximity Labs. NETH provides remote control of paired NEAR accounts through signature transactions of Ethereum (ETH) addresses.
- Paxos, a blockchain and trust company, successfully recovered $20 million of Paxos Gold tokens held in the wallets of an anonymous attacker who hacked FTX in November.
- Kommunitas will make its EMG Coin IDO today at 12 CEST.
- Fabwelt (WELT) launches Arsenal Mobile tomorrow.
- IOTEN (IOTN) is launching its mainnet tomorrow.
- IOTEN (IOTN) is launching its DEX tomorrow.
- Vulcan Forged (PYR) will take a screenshot of the wallets holding PYR for Elysium Forge tomorrow.
- AIOZ Network (AIOZ) will perform its v1.3.0 update and hard fork tomorrow.
- As Cryptokoin.com also reported, there have been new developments for LBRY, which is in trouble with the US Securities and Exchange Commission (SEC). LBRY requested the court to hear an oral argument for the SEC’s recommendation to limit its options. LBRY has requested expedited consideration of the SEC’s proposal to limit its resolutions, in addition to previously requesting and being given an expedited program of briefings.
- Ripple is creating a national stablecoin for the Republic of Palau, an island nation in the Western Pacific region.
- Hero Wallet, a Web3 decentralized wallet, has recently integrated a Guardarian payment solution to enable its users to instantly buy and sell Shiba Inu and hundreds of other cryptocurrencies using a debit card.
- The new Terra Classic Layer-1 team continues its development. The Layer 1 team, formed by Edward Kim and Zaradar, has released its first proposal outlining its tasks and required budget for the next three months. The team is called the “Joint L1 Task Force”.
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