As we enter the weekend, we continue to see innovations in many altcoin projects. As it is known, the crypto money market is a market that does not have a holiday even on the weekend. For this reason, developments in networks continue without slowing down. In this article, we have compiled news and developments that may be important for some altcoins over the weekend. Here are the details…
Weekend is critical for these altcoin projects
- Done Chain (BNI) is launching its mainnet today.
- Emp Money (EMP) will launch ETH Virtual Miner today.
- XT.COM has listed Yes World (YES) in USDC pair at 11 pm today.
- VeChain (VET) has been upgraded to proof-of-authority 2.0 (PoA2.0) on the VeChainThor network.
- The BabyDogeCoin (BABYDOGE) team announced that over a quadrillion tokens have been burned.
- MegaWorld, which has been on the Ethereum and Tron networks for five years and recently switched to BNB Chain, announced that it will perform an airdrop of $1 million to promote metaverse instruments to players.
- PeckShield, a blockchain security company, reports that the Ankr hacker has begun transferring stolen Ethereum funds to Tornado Cash. Experts reported that the ANKR hacker transferred 900 BNB to Tornado Cash.
- Solana-based DEX Orca has integrated Stripe for its new fiat-to-crypto on-ramp. Orca users can now buy Solana SPL tokens directly on the exchange with fiat currencies.
- The World Economic Forum (WEF) said they have not established any cooperation with the Shiba Inu (SHIB) team. They stated that although they had a meeting with the SHIB organizers, no steps were taken to involve the SHIB team in the WEF.
- As we have also reported as Kriptokoin.com, Avalanche (AVAX) has agreed with the e-commerce giant Alibaba Cloud.
- NEAR Protocol (NEAR) has released a new report. According to the report, the average amount of wallets created daily is 16,000. The number of active wallets per day is 50,000 and the average number of transactions per day is around 400,000.
- Cardano (ADA) was the most active network in terms of development activities throughout November.
- An arrest warrant for Daniel Shin, co-founder of Terra Labs behind Terra (LUNA), was rejected by a South Korean court today.
- The number of local assets minted on the Cardano Blockchain has exceeded 7.1 million.
- Binance has added HFT, OSMO and QKC coins to the list of fiat-to-tokens that can be purchased with a credit/debit card.
- Coinbase has added Magic (MAGIC), Aragon (ANT), and Rocket Pool (RPL) to its roadmap.
What is the latest situation in the market?
Meanwhile, the cryptocurrency market is calm. BTC is back to $17,000. That was expected to change yesterday, as the US prepared to release its latest jobs report for November. Exceeding expectations, BTC began to lose value in line with the largest US-based stock market indices. However, Bitcoin only dropped $200 and immediately bounced back to $17,000. Therefore, its market cap and dominance over altcoins remained exactly the same at $325 billion and 38.2 percent, respectively.
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