Over the past week all the news has been around the Terra (LUNA) ecosystem. In this article, let’s list the top altcoin news of the week from Algorand-Solana collaboration to new projects ready for Terra 2.0.
News of the week from LUNA, SHIB, XRP, ALGO and MATIC
- Solana Wormhole launches new Algorand Portal. Now developers can leverage the Wormhole SDK to build dApps and protocols that can move value seamlessly across nine major Blockchain networks for free.
- Injective Ecosystem approves offer to support Terra developers.
- StoneX performs first Bitcoin cash onboard swap.
- Shiba Inu (SHIB) 3-stage metaverse project of the Shiba Inu (SHIB) ecosystem, Shiba Metaverse was unable to sell for weeks due to adverse market conditions.
- Auto company ‘MotoRenn’ has announced that it will accept payment for luxury cars with Shiba Inu. Also on Bitpay’s listing, Bitcoin (BTC), Ethereum (ETH), Shiba Inu (SHIB), Dogecoin (DOGE), USD Coin (USDC), Bitcoin Cash (BCH), Litecoin (LTC), Dai (DAI), Wrapped Bitcoin (WBTC), Gemmini Dollar (GUSD), Pax Dollar (USDP), Binance USD (BUSD) and Ripple (XRP).
- Following the collapse of LUNA and UST, Terraform Labs’ legal team resigned.
- At the same time, the repercussions of the Terra collapse resulted in the outflow of more than $8 billion in Terra (USDT).
- Announcing the Algorand-based NFT marketplace, LimeWire collaborated with the famous record label Universal Music Group. Thanks to the agreement, artists will be able to publish tokenized digital collections via LimeWire.
- Polygon (MATIC) has released the mainnet beta of Nightfall.
- Cloudflare has announced that it will launch Ethereum validator nodes in the next few months.
- Hollywood actor Seth Green said his four NFTs on the OpenSea platform were stolen. Items stolen: Doodles, Mutant Ape Yacht Club and Bored Ape Yacht Club some of the NFT collections.
- Cardano founder Charles Hoskinson called on Ethereum founder Vitalik Buterin to “join Cardano” on Twitter.
- WhaleStats announced that the Shiba Inu has entered the largest hodl list among the top 1,000 Ethereum whales.
- Nansen acquires DeFi Portfolio Tracker Ape Board for $10 million.
- EOS community sued Block.One, seeking $4.1 billion in damages.
- Binance Labs has made a $6 million strategic investment in Zecrey, a scalable asset aggregation network.
- The University of Wyoming has partnered with Ripple Blockchain to support crypto research and education.
- Phoenix has announced that it will be the first DEX platform on Terra 2.0.
- It has been reported that $10 million of the $625 million Ronin hack was made into action on Tornado Cash.
- In the last 24 hours, 13 billion SHIB have been burned, increasing the Shiba burn rate by 2623%.
- As we covered in Cryptokoin.com news, Binance has invited Terra developers to join its team.
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