After the conflicts between Russia and Ukraine, the selling pressure in the cryptocurrency market eased and Bitcoin exceeded $ 39 thousand, while almost all altcoin projects rose in double digits. In this article, let’s list the most important partnership, listing and integration news of the week. As Kriptokoin.com, we are giving the details…
Here are 11 altcoins and developments of the week
- LiveOne, a developer-centered content distribution and promotion platform, is “membership” as a new monetization and user motivation mechanism. introduced the “token” mechanism. Thus, LiveOne is preparing to enter the Web 3.0 market.
- According to data provided by WhaleAlert, an anonymous Bithumb whale moved $80 million worth of Ripple (XRP) to an unknown wallet. Recently, this wallet transferred 35 million XRP tokens to two different anonymous wallets.
- Lottery.com, a lottery company operating in the USA, chose Algorand (ALGO) infrastructure to increase speed and security in lottery games. According to the announcement, the biggest reason for this preference is the energy efficiency of ALGO.
- With Russian troops entering Ukraine, citizens have switched to stablecoin Tether (USDT) for security purposes. As a result, the USDT price is now pegged at $1.10, not simply one dollar in the country.
- IoTeX co-founder and CEO Dr. Raullen Chai called for “hodl” cryptocurrencies. This statement came in the midst of the Russia-Ukraine conflict.
- Attorney Joseph Hall, a former official at the SEC, said it was high that the SEC had lost all its gains in the case against Ripple. Hall believes Ripple has the upper hand in this battle. With the requests for postponement between the parties, the litigation process will be extended for a few more weeks.
- VOXEL, SLP, and ALICE are rounding up after protocol updates and a big list of exchanges. In the latest developments from VOXEL, the announcement of the launch of Voxie Tactics scheduled for February 26 triggered the rise. SLP is on the rise with a refresh of tokenomics for the Axie Infinity ecosystem, which includes a reduction in SLP emissions that will reduce the number of SLPs minted daily by 175 million SLPs. ALICE was listed on the US-based Coinbase exchange and rose more than 35%.
- The world’s largest Ethereum whale ‘Light’ has reportedly bought 49,988,916,299 SHIBs in one day. This means an investment of more than 1 million dollars.
- In another whale news, an anonymous whale holding $71,052,821 Bitcoin transferred its entire balance to the Bitfinex exchange.
- Finally, popular pop artist Boy George has announced that the Decentraland (MANA) metaverse will also be performing a concert. The event will take place on February 26.
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