The strong momentum gained with Terra’s 3 billion dollar Bitcoin purchase reached 44 thousand dollars after 43 thousand dollars. The leading cryptocurrency gained 5% on March 24, while Cardano and Solana are closing the day with double-digit gains. Positive atmosphere aside, there are significant developments from SHIB, ETH, ATOM and 11 altcoin projects. Here are the details…
SHIB, ADA and ETH reach key milestones
- Cross-Chain protocol Stargate Finance has a total locked value (TVL) of $1.9 billion shortly after launch exceeded.
- Rare Bears NFT collection has been hacked for $800,000 due to hacker posting a phishing link on his Discord channel.
- Australian and New Zealand Banking Group (ANZ) has announced its collaboration with crypto custodian Fireblocks to issue a stablecoin pegged to the Australian dollar.
- Cardano (ADA) price, after a long hiatus, has made its 24-hour gains over 10%, becoming the top performer among the top 10 cryptos.
- Başakşehir Mayor Yasin Kartoğlu shared that they have started working on metaverse and NFT academy.
- A report by Santiment reported that shorts exploded as Ethereum surpassed $3,000.
- 190 million Shiba Inu (SHIB) were burned in the past 24 hours.
- As we have conveyed as Cryptokoin.com, Decentraland (MANA) is preparing for the “Metaverse Fashion Week 2022” event, which will include important brands.
- Cardano-based DEX platform MuesliSwap has announced the release of its testnet 2.0 version.
- USDT circulation in the TRON network surpassed Ethereum to reach $40 billion.
- Ethereum surpasses Bank of America and Mastercard in market capitalization ($366.13 billion).
- Cosmos-based Archway rewarding Dapp developers has raised $21 million to provide developer rewards.
- Technology giant Qualcomm (QCOM) announced that it has set aside a $100 million fund to invest in developers and companies creating metaverse infrastructure.
- Hector Finance introduced the next generation stablecoin concept TOR. The TOR USD stablecoin, unlike Terra’s UST, depends on a mechanism powered by smart contracts.
- ZKSpace’s DeFi module and NFT marketplace, ZKSwap and ZKSea, have launched ZKS token mining campaigns.