New developments attract attention for various altcoin projects traded on the Binance exchange. Here is the big news for popular altcoin projects…
A major company joins The Sandbox behind Altcoin SAND
Real estate platform CHARLES & KEITH has announced that it will expand its presence in the metaverse by opening the doors of its virtual world called CHARLESKEITHHAUS between March 13-27, 2023 in metaverse The Sandbox. Modeled with the State of Play 2023 spring-summer collection, CHARLESKEITHHAUS says it offers an immersive and fun way to experience the brand’s universe. Every detail in the house in Metaverse has been arranged to reflect the spirit of the new collection. The house uses a color palette inspired by the fun spring-summer 2023 styles. There is even an NFT gallery in the house displaying recently released drawings.
New recommendation at MakerDAO approved
On March 16, loan protocol and stablecoin issuer MakerDAO accepted a proposal to increase its portfolio holdings in US Treasuries from $500 million to $1.25 billion, by 150 percent. The proposal aims to increase the protocol’s exposure to “real world” assets and bonds after the Dai stablecoin lost its $1 stablecoin during market volatility on March 11. The $750 million debt ceiling increase was approved by 77 percent of Maker delegates. MakerDAO plans to use $750 million USDC to purchase more US Treasury bonds by diversifying its liquid assets that support DAI.
Bitcoin and altcoin exchange GMO Coin lists ASTR
GMO Coin, the cryptocurrency exchange operated by GMO Coin, a subsidiary of GMO Financial Holdings, has announced that it will list Astar (ASTR). This move makes GMO Coin the first Japanese exchange to support local deposits for Astar. The exchange will start trading tokens after regular maintenance on March 22, 2023. Astar Network is a Blockchain launched in January 2022 that aims to connect Polkadot’s network to enable interoperability between different Blockchains.
アスター（ASTR）の取扱開始に関するお知らせ
2023年3月22日（水）の定期メンテナンス後より、「取引所（現物取引）」にてアスター（ASTR）の取り扱いを開始いたします。 ⁰なお、GMOコインでは国内初となる、２つのアドレス形式（AstarとAstarEVM）に対応いたします。https://t.co/bNagy6QKSB
— GMOコイン【公式】 (@gmo_coin) March 16, 2023
Many altcoin projects are participating in the blockchain hackathon
On the other hand, on March 17, the Paris Blockchain Week Hackathon will officially start today. As the official strategic partner of this conference, Gridex is not only one of the event creators, but will also participate in the evaluation with XRP and Solana and provide prizes to the winning teams. It has been reported that Gridex Token GDX has been listed on d5.xyz for 3 days and the current price is more than 4 times the launch price. GDX is the first ecosystem token based on the Ethereum-based on-chain orderbook protocol Gridex, with a total circulation of 200 million.
Cosmos has released SDK v0.47
On March 17, Cosmos released the SDK v0.47 version “Twilight” which aims to improve the overall performance and functionality of all Cosmos SDK based chains. This release reportedly brings CometBFT v.037 to the Cosmos SDK, replacing Tendermint Core, and supports upgrading to ABCI 1.0, thereby significantly improving performance.
https://twitter.com/cosmos/status/1635967167463055360
HNT moves to Solana network, supports Binance ETH 2.0 withdrawals
On March 17, the decentralized wireless network Helium will be migrated to the Solana Blockchain from March 27 to April 18. On the other hand, as we have reported as Kriptokoin.com, Binance announced today that it will delist Helium. Meanwhile, Binance has announced that it will support ETH 2.0 withdrawals due to the upcoming Ethereum Shanghai and Capella upgrades (referred to as the Shapella upgrade), Binance will launch this feature on the Ethereum network within a week.
Ripple partners with Singapore-based fund
Most recently, crypto payments company Ripple and Blockchain Founders Fund announced a strategic partnership agreement to develop and adopt Web3-focused start-ups. As part of the collaboration, Ripple has invested in a Singapore-based venture capital fund that will further support early-stage but already high-potential blockchain companies. The amount of the investment was not disclosed. Currently, the Blockchain Founders Fund portfolio includes more than 100 companies focused on Web3 activities.
56994
