Let’s list some of the most important altcoin news in light, from the million whale transactions of Shiba Inu (SHIB) added to Robinhood’s list, to the current funding rounds of a number of Web3 projects.
ADA, SHIB, XRP, LUNA and altcoin market developments of the week
- 12th largest Ethereum whale “BlueWhale0073”, more than 700 billion ($20.6 million) in a single transaction Bought a Shiba Inu (SHIB).
- The 655 million dollar fund stolen from Ronin Network, which we transferred as Cryptokoin.com, was rendered untraceable via Tornado Cash. According to data from Ronin Bridge Exploiter, activity over the past week shows that more than 21,000 Ethereums have apparently been moved to different wallets in various transactions.
- Terra (LUNA) purchased $13 million worth of Bitcoin on April 13, bringing its total reserves backed by USDT to 42,406 Bitcoin.
- Binance.US, the arm of Binance, announced that it will list Terra’s stablecoin TerraUSD (UST) for trading on the exchange.
- WingRiders announced that it is the last DEX platform released on Cardano mainnet.
- Ignite (formerly Tendermint) has raised $150 million in funding for Web 3 projects.
- Celsius platform announced that it will stop paying interest on new deposits from the USA starting Friday, April 15. According to the announcement, the crypto lender will move new deposits from US users into their custody accounts.
- Binance has announced that it will cease trading UST/BTC and then open spot trading for the pair, which will be released as BTC/UST, on April 22 at 11:00 AM.
- Stellar (XLM) has announced a program where users can now earn NFTs by solving difficult tasks through the gamified learning experience Stellar Quest Learn.
- In the past 24 hours, 55.5 Dogecoins (DOGE) worth $8.3 million were moved in a single transaction by an Ethereum whale.
- MoonPay, a $3.4 billion crypto payments platform, has raised $87 million from a host of popular sports and media personalities.
- Whale transactions increased following Robinhood listing of Shiba Inu. A whale named Light bought $6 million worth of Shiba in a single transaction.
- Cryptocurrency exchanges have moved around 332 million XRP over the Ripple network in the past two days.
- Play-to-win project First Light Games has raised over $5 million in the latest funding round for its core product, Blast Royale (BLST).
- Bitcoin (BTC), Ethereum (ETH) and Tether (USDT) and 130 altcoins will be accepted in donations from Pledge, the fundraising platform powered by Ariana Grande.
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