Hot Developments for SHIB, ADA, XRP and These 7 Altcoins!

A lot of important developments took place this week, from the new game of the Shiba Inu (SHIB) ecosystem to the SEC and Ripple case. We have compiled the latest developments from the projects in one list.

Here is the news of the day from SHIB, Ripple and Cardano

• Ripple has signed deals with Paris-based payments provider for online marketplaces Lemonway and Swedish money transfer provider Xbaht. The company said in a press release that RippleNet, a collection of banks and payment providers that have signed on to use the Ripple network for international payments, has reached over $15 billion in annual payment volume.
• Jacob Benjamin Fite, one of the investors of the crypto lending platform Celsius, which went bankrupt in May, became the biggest moneymaker with a loss of more than $ 40 million. The second-highest-hit Celsius user, Hirokhado Kohji, lost $38 million in the Celsius crash. According to the data, Kohji had 60,901,003 (60.9 million) ADA prior to the Celsius Network incident. Kohji’s ADA portfolio was valued at $25.33 million.
• BitPay has introduced a new solution for purchasing Shiba Inu (SHIB) using debit cards. On the other hand, popular crypto exchange BitMEX also announced that they will list Shiba Inu on their platform. As a result, users will be able to convert, deposit and withdraw SHIB to BitMEX accounts.

• According to Santiment data, Ethereum has set a new 2022 record in recent network growth. A recent record shows that there are 135,780 new wallets on the network. Ethereum recorded improved growth of 11.1 percent compared to its previous 2022 peak on Jan.
• Terra Rebels announced via its official Twitter account that it is an official supporter of enterprise Blockchain Neblio.

SEC only two days left for Hinman documents

• In the SEC and Ripple case, the SEC has two days left to act to reconsider over the Hinman documents. The SEC has yet to make a statement, although the deadline is October 13. As Kriptokoin.com, we have discussed the details in this article.
• According to Messari data, Avalanche (AVAX) suffered a 94% loss in revenue in Q3 2022 alone. The altcoin project lost only 3.3% growth in these 3 months. Thus, the loss of income reached over 90%.
• The Web3 Foundation and global online learning platform edX have launched a series of core courses on Blockchain technology and Polkadot platform. The four-part series called Web3x will cover the fundamentals of Blockchain and explore the Substrate software development kit and the Rust programming language.
• PeckShield reports that a scammer targeting the JST token from the Tron ecosystem moved 4,600 BNB worth $1.25 million into Tornado Cash, with 2,555 BNB worth approximately $693,000 still in the hacker’s wallet.

• Zephyr launched decentralized prediction markets. Prediction markets or PMs should be referred to as a class of open markets where certain outcomes can be predicted using financial incentives. In other words, this type of market allows its participants to make money from their predictions about certain future events.