Let’s list the most important altcoin developments of the week, from the current stock market listings of SHIB, FLOKI and other meme projects to Epic Games’ metaverse plans. News of the week from
SHIB and 18 altcoins
- 1inch Network (1INCH) has expanded to the EVM-compatible and scalable first-layer Blockchain protocol Fantom.
- Elrond (ELGD), a layer one Blockchain focused on scalability, has raised $40 million in funding from Skynet EGLD Capital, the investment arm of Skynet Trading.
- Tether company launched USDT on Kusama network.
- Algorand founder Silvio Micali said in an exclusive interview at the Paris Blockchain Week Summit that he wants to lead the democratization of finance.
- Epic Games announced that it has received $2 billion in funding from Sony and KIRKBI Investments to build a metaverse company.
- Dogecoin co-founder Jackson Palmer criticized Tesla CEO Elon Musk’s bid to buy social media giant Twitter for $43 billion.
- Web3 cryptocurrency payment gateway PayBolt has made its official debut on Polygon, the Ethereum layer-2 scaling solution.
- Binance will support the GXChain (GXS) mainnet swap and redefinition plan for the REI network (REI).
- Crypto.com has listed Voxies (VOXEL) token in pairs USD, EUR and GBP.
- Terraform Labs says it has “gifted” 10 million ($880 million) worth of LUNA to Luna Foundation Guard.
- As we have mentioned in cryptokoin.com news, Ethereum Push Notification Service (EPNS) raised 10 million dollars in its A series funding round.
- Huobi Global listed Stargate Finance (STG), VisionGame (VISION) and Nym (NYM).
- Vodka brand Absolut Vodka has launched the “Absolut Land” event in the Decentraland metaverse.
- Ripple CEO Brad Garlinghouse, in his statements on Twitter during the day, hinted that the case could result in a positive outcome for the company.
- Cardano’s total locked value (TVL) increased from $0 to over $220 million in 4 months.
- Floki Inu (FLOKI) has been listed on ONUS Finance and has released a guide to Binance users on how to buy FLOKI.
- Cryptocurrency exchange Cronos and analytics firm Chainalysis have entered into a partnership aimed at strengthening ongoing change monitoring tools.
- Elon Musk revealed his motivation on the TED conference stage on Thursday, hours after announcing a $41.4 billion cash bid to buy Twitter.
- A collective organization prepared on the Reddit platform will test whether it misrepresents XMR reserves by pulling Monero (XMR) en masse from centralized exchanges.
- Taylor Travel Management Group will now accept Shiba Inu (SHIB) as well as 6 other cryptocurrencies for payments, including Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Dogecoin.
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