Bitcoin and altcoins have moved upwards from the narrow gap they have been watching so far in 2022, and although there has been a slight correction, the bull-breaking levels have not yet been returned. Meanwhile, AVAX, SOL, FLR, and other select altcoins continue to work for the rest of the year. Here are the developments of the week from 17 altcoin projects…
News from AVAX, SOL, XRP and other altcoin projects
- Ripple co-founder Chris Larsen, $5 million campaign to reduce Bitcoin (BTC) energy consumption started.
- Citizens School, a school in Dubai, announced that it will accept tuition fees in Bitcoin (BTC) and Ethereum (ETH).
- The number of ethereum whales soared to their highest level since December 2021.
- Binance Liquid Swap listed SUSHI and UNI and opened 4 new liquidity pools.
- According to Whale Alert, 12,000,000 XRP ($10.4 million) was transferred from Bittrex to an anonymous crypto address.
- Solana’s stablecoin project Cashio lost $50 million in a hack attack.
- Avalanche’s 2022 summit brought up new projects in DeFi, metaverse, P2E and other Blockchain areas. As we quoted as Kriptokoin.com, Elon Musk’s ex-girlfriend Grimes chose Avalanche to start a children’s metaverse book project.
- Binance Smart Chain and Binance Chain will now be called BNB Chain.
- Interoperability-focused Stargate Finance (STG) has announced its plans to launch DeFi 3.0.
- Dogecoin and Shiba Inu are listed on the cryptocurrency exchange Netcoins.
- Shiba Toby (SHBT) rose more than 200 percent to $0.00000005832.
- Solana-based institutional investment products posted a record inflow of $87 million the previous week.
- Flare Network (FLR) launches State Connector on Songbird (SGB).
- More than 65,000 caste certificates have been issued by the Maharashrta government highlighting the Blockchain utility on the Polygon network.
- DOGAMÍ, a metaverse project, received an investment of 500 thousand dollars from Tezos Foundation.
- Fintech company Flutterwave, which uses Ripple’s payment solution for cross-border settlements, RippleNet, has announced that it is expanding into Tanzania following approval by the country’s apex bank.
- A total of 1.01 million addresses were registered in various projects connected to the Polygon network. Terra (Luna) was the altcoin that pioneered social interaction.
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