KILT Protocol announced the launch of DIDsign. The number of Cardano network transactions increased to 140,000 as the number of on-chain projects increased. Polygon expands its ecosystem with the integration of DataMynt. Parallel Finance has launched DeFi ‘Super App’ for Polkadot ecosystem. And more. We have compiled important developments regarding Cardano and 7 altcoin projects for Kriptokoin.com readers.
KILT, Cardano, FTM, MATIC, ETH, DOGE, PARA and APE news
KILT Protocol announced the launch of DIDsign
KILT Protocol, files private and announced the release of DIDsign, a decentralized way to securely sign and verify. DIDsign is an application designed to make online services more convenient and secure in the next internet generation, Web3.
DIDsign allows you to sign any digital file (PDF, audio, video, software) directly in your browser using a unique decentralized identifier (DID). You can download your signed file (or group of files) to your device as a signed zip file and send it to the person you want by the method you prefer (e-mail, Telegram, WhatsApp, etc.).
Phantom saw 4,200% growth in smart contract deployment
Fantom (FTM), a Layer-1 Blockchain platform powering decentralized finance (DeFi) applications, is reporting a 4,200% increase in smart contract deployment since February 2021. It states that the number of verified contracts distributed has increased from 111 registered in February 2021 to 4,677. In February of this year, it represents a 42-fold increase.
Cardano network transaction count is 140,000 as the number of on-chain projects increases e output
The number of transactions on the Cardano network increased to 140,000 with the release of another major DeFi project on the network. Experts assess that the increase in the number of transactions is most likely linked to the launch of the Minswap DeFi platform, which has already surpassed the SundaeSwap DEX in terms of the total value locked in the contract. After publication, TVL on the network reached $221, which was certainly followed by an increasing number of transactions on the network.
Cardano Total Locked Value / Source: DeFiLIama Polygon expands ecosystem amid DataMynt integration
Tier 2 scaling platform Polygon, in the ongoing expansion process announced the latest integration. In a recent release, DataMynt, a cryptocurrency payment solution, can soon be integrated with the Polygon full-stack scaling solution with partners, merchants and retailers. DataMynt will likewise support Polygon’s extensive network and user base, as stated in the release.
In late January, Polygon announced that it had reached the adoption milestone with over 7,000 decentralized applications (dApps) running on the network. The exponential growth of new applications in decentralized finance (DeFi) and Non Fungible Tokens (NFT) has caused congestion and spikes in the Ethereum mainnet. Most of the event went to Polygon to take advantage of the low fees.
DOGE, held by Robinhood, reaches $4.9 billion
According to a recent tweet by DogeWhaleAlert account, Robinhood crypto exchange holds approximately $5 billion worth of Dogecoin on behalf of its investors. Meanwhile, a staggering $34 million of DOGE has been transferred between anonymous wallets recently. Currently Robinhood owns 31.7% of circulating Dogecoins. The tweet also states that the company uses two wallets with eight addresses to store Dogecoin.
8.3% of ethereum supply is now out of circulation
According to IntoTheBlock reports, more than 10 million ETH has already come out of the circulating market supply as the staking feature of the leading altcoin project is getting more and more popular with each passing day. Eight-figure ETH is now invested in the contract, which ensures a stable income with a certain amount of ETH locked for a minimum period of three months. As Coinbase has previously notified its users, the APY will increase from 5% to 12% following full migration to a Proof of Stake (PoS) network.
Parallel Finance launches DeFi ‘Super App’ for Polkadot ecosystem
Polkadot-based lending protocol Parallel Finance for all corners of decentralized finance (DeFi) Trying to be a one-stop shop. That effort was fueled by the first launch of six products spanning the DeFi range on Friday. From wallets to staking, from crowdsourcing to cross-chain bridges, an automated market maker, bootstrapping and crop farming.
Binance adds APE/EUR, APE/GBP and APE/TRY trade pairs
According to Binance’s statement, it is 19.03 for APE/EUR, APE/GBP and APE/TRY trade pairs. Transactions will begin at 10:00 AM (UTC) on 2022.
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