Despite minor fluctuations, the cryptocurrency market has been trading in the green in recent days. This momentum has been going on since July 27. Meanwhile, SHIB, ADA, ENS, and other altcoins have recouped some of the recent sales. In this article, let’s take a look at the latest developments in the altcoin market.
SHIB developer calls for Gate.io listing
- The team behind Flint Wallet has released a new upgrade that will enable iOS devices to run Cardano-based decentralized apps (dApp).
- XRPL.to, the XRP Ledger (XRPL)-based DEX platform, recently announced that it has raised a total of $100,000 through Ripple’s XRPL Grant program.
- Solana-based NFT platform Magic Eden has announced that it will expand to the Ethereum network.
- Aave developers plan to stop the integration due to potential security vulnerabilities of the Phantom network.
- Shiba Inu developer Shytoshi Kusama urged members of the Shiba Inu community to vote for BONE, ShibaSwap’s local government token, in the Gate.io listing exercise.
- CoinShares reported a loss of over $21 million in its quarterly report after TerraUSD (UST) lost its dollar peg.
- A potential Dogecoin scam has been exposed by the community. A Dogecoin member relayed records of suspicious transactions from Twitter.
Big increase over the past days of #Dogecoin transactions.
"Unfortunately" it seems there are some automated accounts sending out thousands of transactions per hour.
A very approximate list I generated with a (messy) script for the past 2 hours:https://t.co/bweERs82oG
— Mishaboar (@mishaboar) July 18, 2022
- Binance has added ETC, ETH, DO and OP tokens to the list of supported cryptocurrencies in Locked Savings funds.
- Ethereum developers addressed potential glitches prior to the merger. At an Ethereum meeting, the developers discussed some solutions for a potential reciprocity in the smooth execution of the upcoming merge of the network when Ethereum switched from PoW protocol to Beacon Chain Proof-of-stake.
Ethereum Name Service reaches milestones on its roadmap
- Ethereum Name Service (ENS) domain ownership has reached the ATH level. The total number of users registered with ENS has exceeded 2 million.
- The number of Cardano-based smart contracts exceeded 3,000 for the first time. Smart contracts were integrated into the Cardano network with the Alanzo hard fork last year.
- Polygon released 1.4 million MATICs, which have been locked for over 1 year, hard.
- New York Attorney General Letitia James has urged victims of the Terra ecosystem collapse to report to her law firm as it launches investigations into fraudulent activities in the crypto space.
- The Ripple company moved 100 million XRP on August 2. In total, 224 million XRP was traded on exchanges and unknown wallets.
- pStake Finance has announced its BNB Chain-based staking program.
💢 @PersistenceOne liquid staking protocol @pStakeFinance is launching Liquid Staking solution for $BNB
💢 Event will goes live this coming August 2022 where rewards on $BNB come from the transaction fees paid by users of the @BNBCHAIN
🔽 INFOhttps://t.co/qgKT3K4Gla#Definews
— 🌐 𝐃𝐄𝐅𝐈 𝐍𝐄𝐖𝐒 🌐 (@Definews_Info) July 31, 2022
- Oxford City football club announced that it will be offering Bitcoin for ticket fees.
- Cryptocurrency exchange Zipmex has reopened transactions for Solana, XRP and Cardano. Solana (SOL) transactions opened on August 2. XRP will be available on August 4th. Cardano (ADA) will be available on August 9th.
- According to data provided by Coinecko, the most trending coins of the day are SOL, SCLP, MATIC, OP, EVMOS, CELL, SFUND
- Wazirx, an India-based cryptocurrency exchange backed by Binance, has been found guilty of money laundering.
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