Even when the prices are falling, it is necessary not to miss the latest developments in the market. In this article, we took a look at the Web3 coins that are announcing important partnership news. Here are the details…
Announcing important partnership news to these Web3 Coins
Bitwage signs this UFC fighter
On Monday, crypto payroll company Bitwage announced a partnership agreement with Argentine Ultimate Fighting Championship (UFC) fighter Guido Cannetti. Under the terms of the deal, Cannetti will receive 100 percent of his salary in USDC stablecoins through Bitwage using Vibrant. Vibrant is a wallet app that the Stellar Network team developed mainly for Argentines to help them cope with the increasing inflation the country is experiencing.
Cannetti became the first Argentine martial arts athlete to receive a stablecoin salary. Inflation continues to hit Argentina hard. Therefore, it causes a huge decrease in the purchasing power of the country’s local currency. As a result, many Argentines like Cannetti are adopting cryptos to guarantee their earnings through stablecoins.
Ellipsis (EPX) and Kava Lend (HARD) ready for leveraged trading on Binance
The world’s largest cryptocurrency exchange announced today that it has opened EPX and HARD cross-margin transactions. According to the statement, EPX and HARD will now be tradeable against USDT and BUSD. Users will now be able to trade the following pairs.
- EPX/BUSD
- EPX/USDT
- HARD/BUSD
- HARD/USDT
Ribbon Finance Launches options service on Ethereum
Ribbon Finance today launched a “high-performing” options exchange called Aevo. The first iteration built on Ethereum will only offer ETH options. But other cryptocurrencies, including Bitcoin, will be available in the coming months.
Partnership of Mysten Labs and Axelar Network
Connecting Web3 ecosystems such as Avalanche, Osmosis and Polkadot, PoS Blockchain Axelar is partnering with leading infrastructure company Mysten Labs. The Axelar-Mysten partnership significantly advances the possibility of a “super dApp” that will bring the next, by providing secure Public Message Passing and giving developers the ability to fully leverage the power of Sui’s Ethereum-compatible, chain-independent multi-chain applications. The announcement follows the release of Axelar’s AXL utility token, which is shared with owners today and provides basic network security.
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