The cryptocurrency market is having difficulty navigating uncertainty. Amid regulatory pressures, FTX sale-style news also puts additional pressure on the market. However, some altcoin projects continue to progress.
There is important news from these 9 altcoin projects…
Oasys and AGLD DAO come together
Oasys and Adventure Gold DAO (AGLD DAO) have formed a collaborative partnership that represents significant progress in establishing a synergistic partner ecosystem. The newly formed collaboration aims to expand the scope of fully on-chain gaming. It also aims to support the expansion of Autonomous Worlds (AW). Oasys’ advanced gas-free architectural design, together with the infrastructure and assistance AGLD DAO provides for Autonomous Worlds, will enable builders within the Oasys Blockchain and Lootverse to effectively build autonomous and decentralized digital ecosystems.
Kresus launches off-ramp with zero network fees for USDC
Web3 SuperApp Kresus has expanded its cryptocurrency withdrawal service to enable customers to withdraw up to $100,000 to their bank accounts without paying any transaction fees. The platform will provide this service in collaboration with Coinflow Labs. Users now have access to this service in all 50 US states. The service in question was determined as the most effective withdrawal option in its category. This is also an important development for the altcoin USD Coin (USDC).
New crypto wallet move from Telegram, TON started to rally
It should be noted that Telegram is the fourth most popular messaging application in the world. As you follow from Kriptokoin.com, Telegram has introduced a self-custodial crypto wallet based on The Open Network (TON) for its more than 800 million monthly active users. The wallet, known as TON Space, brings digital ownership to the messaging app on Blockchain. Starting today, all Telegram Wallet users can access this feature from the application menu. Meanwhile, it will be available globally for users outside the US by November. In the midst of these developments and a stagnant market, TON rallied. The altcoin price saw an increase of over 10% on the day.
IOTA announces main-net upgrade plan
IOTA (MIOTA) has made a groundbreaking move that has sent shockwaves throughout the Blockchain and crypto community. In this move, the altcoin project announced its ambitious plan to upgrade the main-net. This announcement marks a significant milestone in the quest to improve the overall functionality and usability of the protocol.
Solana-backed Solfare collaborates with DLN
Meanwhile, Solfare, known for its Solana-based wallet, is taking a pioneering step. In this direction, the altcoin cooperated with DLN’s pioneering cross-chain trading mechanism. This initiative will enable fast, direct cross-chain transactions between Solana and MetaMask. Thus, it will offer users an enhanced experience. MetaMask’s large community of several million people now has a broader horizon. This collaboration enables its users to effortlessly manage and interact with SOL, SPL tokens, NFTs, and Solana’s various dApps directly through trusted MetaMask interfaces.
SubQuery supports Polygon zkEVM
It was an important development for the Ethereum compatible Blockchain world. In this context, SubQuery announced support for Polygon zkEVM. With this advancement, the altcoin project will provide network participants with access to advanced data indexing capabilities. Polygon zkEVM is an exciting addition for Ethereum compatible Blockchains. Thanks to SubQuery’s versatile, fast, open and decentralized data indexing solution, developers on the Polygon zkEVM platform can now effortlessly manage and query on-chain data for their protocols and applications. SubQuery API abstracts away backend complexities and allows developers to focus on product development.
Particle Network introduced Wallet V2
Particle Network is a leading player in the Web3 infrastructure space. The altcoin project has released V2 of its Wallet-as-a-Service (WaaS) solution. Thus, he took an important step to strengthen his position. This update will redefine user interaction with decentralized applications (dApps) while prioritizing privacy and security. Additionally, the development represents a milestone in Particle Network’s mission to make Web3 accessible to everyone. Moreover, it is transforming the landscape of decentralized finance and consumer-friendly markets.
Movement Labs, which raised large funds, made a move towards Web3
Movement Labs announced on September 13 that it had raised $3.4 million in pre-seed funding from a consortium of prominent industry leaders. This significant financial support will enable Movement Labs to expand the implementation and advancement of Move, a programming language specifically designed for smart contracts. In particular, Move includes built-in safeguards against attack vectors such as reentrancy, which are responsible for significant financial losses running into billions of dollars annually for Web3 users.
Zilliqa made a strategic collaboration with Google Cloud
Zilliqa, a high-performance L1 Blockchain, today formed a partnership with Google Cloud. Thus, thanks to this high-profile collaboration, the altcoin project will increase its performance, accessibility, transparency and bandwidth. Zilliqa Group, which developed the Zilliqa Blockchain, made a statement at the TOKEN2049 crypto conference held in Singapore today. In this regard, it announced that it has established a multi-year strategic alliance with Google Cloud. According to the official statement made by the Zilliqa team, the partnership will cover infrastructure-related aspects of its progress.
Today at #TOKEN2049, we announced a new multi-year strategic alliance with @googlecloud.
This collaboration serves to enhance the resilience and scalability of the #Zilliqa blockchain, benefiting the wider ecosystem and ventures within Zilliqa Group.
The agreement will also see… pic.twitter.com/q5iqKSGPOL
— Zilliqa (@zilliqa) September 13, 2023
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