GSR partners with Chainlink (LINK). Elrond acquires payments firm Twispay. VeChain (VET) has announced the official launch date of its first stablecoin called VeUSD. And important news came from other altcoin projects. We have compiled important developments in the crypto market for Kriptokoin.com readers. Important news from
LINK and 6 altcoin projects
GSR has partnered with Chainlink (LINK) to integrate price data for smart contracts. Crypto market maker GSR has partnered with Chainlink (LINK) to contribute price data to decentralized oracle networks (DONs) to be used in decentralized finance (DeFi) and smart contract applications, helping the blockchain industry to expand on interoperability and greater cross-platform compatibility. He stressed that he was moving in the right direction.
Algorand (ALGO) has added more than 6 million new accounts to its Blockchain network since the beginning of 2022. While the total number of accounts in Algorand was 17,373,299 at the beginning of the year, this number has increased by 35% to 23,548,065 as of today, according to AlgoExplorer data.
Leading blockchain platform VeChain (VET) has announced the official launch date of the first stablecoin called VeUSD. According to a recent announcement, the much anticipated public mintage portal for VeUSD will be launched on Monday, March 14, 2022 via prime.stably.io, an initiative that will usher in a new era for the layer-1 Blockchain platform.
Ethereum 2.0 contract now contains more than 10 million Ethereum. According to statistics, 8.4% of Ethereum supply is now held in ETH 2.0. In the early days, Ethereum was a 100% Proof of Work (PoW) Blockchain, but more recently, Ethereum has now become a mix of Proof of Stake (PoS) and PoW. Over time, the ETH network will become purely PoS.
The HBAR foundation announced that it has allocated $100 million in funding to support sustainable projects on the Hedera network. The DOVU project received the first grant. The fund, called the “Sustainable Impact Fund”, aims to invest in carbon emissions, carbon balancing, as well as other environmental projects.
Recently acquired payment gateway Utrust, Elrond has now announced that it has acquired payment firm Twispay. With this acquisition, the altcoin also got the issuance approval of electronic money (e-money) issued by the Romanian National Bank.
Paxos, which provides infrastructure services for blockchain technology, announced that it has obtained in principle permission from the Singapore central bank to operate legally in Singapore. According to the statement made by Paxos, with this development, Paxos became the first blockchain to achieve approval from regulatory bodies in both New York and Singapore.
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