Attention to Ethereum, XRP and These 22 Altcoins: There Are Hot Developments!

Cryptocurrency investors have their eyes on the June levels of Ethereum and Bitcoin. Meanwhile, networks like Cardano and Tezos are gearing up for new heights with the upcoming merge. Here are the hot developments from the altcoin market…

Ethereum surpasses Bitcoin

• As part of the roadmap, 1.4 billion MATICs were unlocked and circulated this morning. As Kriptokoin.com, we have discussed the details in this article.
• The native cryptocurrency of the Ripple network, XRP, has been integrated into the Mercuryo payment platform.
• Arthur Breitman, co-founder of Tezos, said that the update about the Ethereum merge will not be successful.
• Ethereum (ETH) has surpassed Bitcoin (BTC) for the first time in the options market.
• 1 quadrillion Baby DogeCoins (BabyDoge) worth $1.3 million burned. According to data from BabyDoge’s Twitter account, a large amount of BabyDoge with an estimated value of $1.3 million has been permanently removed from circulation.
• In a video on Tuesday covering the progress of the Vasil hard fork upgrade, Charles Hoskinson assured users he didn’t expect any further delays, suggesting the upgrade is in the final stages of testing.
• Following Ripple’s monthly attempt to unlock the token, massive XRP transfers have taken place in the past 24 hours. According to data shared by Whale Alert, over 172 million XRPs have been moved from two crypto exchanges to unknown wallets and vice versa in the last 24 hours.

Ethereum founder Vitalik Buterin was right

• Previously criticized by Etehreum founder Vitalik Buterin, Forsage was labeled by the SEC as a textbook Ponzi scheme. The SEC accused the crypto platform of raising up to $300 million through an unregistered securities offering. Forsage has been aggressively marketed through social media channels.
• CryptoPunks’ trading volume increased by 1,847 percent. The NFT project has recently launched their new NFT.
• PlayNFT has announced that they are one of the companies that received funding from RippleX’s XRPL Grant Program. This way, Twitch streamers can create NFTs on XRPLedger and interact with other players and developers to reap the in-game utility of the tokens. The project is expected to be launched within a month.

Bored Ape Yacht Club passed the hands of artificial intelligence

• Serenity Shield collaborated with Digital Insights Ventures (DIV). The upcoming collaboration is designed to cover all aspects of business, marketing and promotion for Serenity Shield and DIV.
• According to on-chain data, the Aave network’s user activity rose to a 2022 high prior to the launch of the stablecoin GHO, while the DeFi market was on the decline.
• “Nomad”, which has stolen its domain on the Ethereum Name Service (ENS) network in the past weeks, announced that no action will be taken against those who promise to return the funds and will be rewarded with a 20% reward.
• Ankr introduced token staking tool locks for farming investors. The product will initially be available on Ethereum, Polygon, BNB Chain, Avalanche and Fantom networks.
• Used to create custom crypto tokens, Waves will implement a user-approved plan to navigate the liquidity crisis on its primary lending platform, Vires.Finance.
• Cryptocurrency exchange Poloniex has listed BabyDoge.

• XION Finance has received a $50 million investment commitment from GEM Digital Limited.
• Hut 8 Foundry has signed a partnership with Foundry Digital LLC (“Foundry”) focusing on digital asset infrastructure. The deal marks Hut 8’s first significant blockchain industry gain for its high-performance computing business.
• dYdX has reset transaction fees in all markets. Transactions less than $100,000 will be free.
• The Waves community has acknowledged the DeFi revival plan for Vires.Finance. The Vires team has made an offer that gives two options to users with over $250,000 balance on the platform.
• Google cloud computing AI turned Bored Ape Yacht Club NFTs into machine-made charts.
• Wirex partners with 1INCH to enable wallet-based token transactions