Bone ShibaSwap (BONE), the governance token of the Shiba Inu ecosystem, is now in the basket of NOW Wallet. Meanwhile, leading cryptocurrency exchange Coinbase is adding support for BENQI (QI). Strategic partnership news comes from Polygon one after another. This reflects positively on the altcoin price. Keep reading us for more…
6 altcoins that made headlines with important news
NOW Wallet has listed Bone ShibaSwap (BONE).
NOW Wallet, a non-custodial crypto wallet from ChangeNOW, announced that it has added support for Bone ShibaSwap. According to the announcement, NOW Wallet users can purchase, store and exchange BONEs.
Users of the wallet service have the opportunity to instantly exchange more than 500 digital assets. NOW Wallet supports three tokens of the Shiba Inu ecosystem (SHIB, LEASH and BONE), often referred to as the ‘SHIB Trifecta’.
Coinbase will add support for BENQI (QI)
The leading cryptocurrency exchange is adding support for BENQI (QI), an ARC-20 token, on its Avalanche network. According to Coinbase’s announcement, trading will begin on November 23, 2022, once the liquidity conditions are met. Once the sufficient supply of altcoin tokens is provided, trading in the QI/USD pair will begin gradually.
Another strategic partnership from Polygon
Polygon (MATIC) has signed a strategic partnership to assist Blockchain development in Africa. The partnership aims to help expand Polygon’s reach. It also aims to contribute to a more digitally robust and inclusive future for Africa. The Range will be tasked with helping African startups access resources and finance. Thus, enabling startups to scale their business and create employment.
MagicEden move from Polygon
Polygon has signed an important partnership today. In this context, Polygon and the leading NFT market MagicEden shook hands. On the subject, the altcoin shared a series of tweets. Polygon made the following announcement on its Twitter account:
Do you believe in magic? Well, we welcome Polygon MagicEden to the family! The leading cross-chain NFT marketplace integrates with the Polygon network to accelerate the development of exciting Blockchain-based games and global brands entering Web3.
Polygon also noted that this integration will primarily focus on providing tools for creators, including a MATIC-enabled Launchpad & Marketplace. Accordingly, with this expansion, MagicEden will enable strategic IP holders, world-class game developers, to work with content creators from the Polygon ecosystem.
Meanwhile, MATIC, the native cryptocurrency of the Polygon ecosystem, has gained around 7.7% in the last 24 hours. However, at press time, Polygon’s price has dropped more than 11.5% in the past seven days. MATIC’s performance improved after Polygon announced the partnership news.
Curve Finance has published the whitepaper of crvUSD
cryptocoin.comAs you follow, stablecoins have been a hot topic in the cryptocurrency space this year. The May collapse of the TerraUSD (UST) stablecoin has eroded investor confidence in these altcoin projects, which are advertised as less volatile than other cryptocurrencies. However, the lack of trust in stablecoins has not prevented the introduction of new stablecoins. Curve Finance, which has been at the center of stablecoin competition last year, announced that it will launch its stablecoin. Now Curve Finance has published the whitepaper of its stablecoin called crvUSD.
Over $1 million in awards from the Klaytn Foundation
The Foundation announced that it has awarded over $1 million in prizes to the winners of the Web3 hackathon. Regarding the issue, the Foundation made a press release. The nonprofit Klaytn Foundation, which oversees the growth of the Klaytn ecosystem, announced on Monday, November 21, that it has awarded more than $1 million to the winners of its inaugural web3 hackathon.
Coinbase Japan now supports Cardano (ADA)
The Tokyo-based subsidiary of the largest American exchange, Coinbase Japan, has added support for Cardano (ADA). Altcoin is one of the top cryptocurrencies by market cap. Coinbase entered the Japanese market in June 2021 after registering with the Financial Services Agency (FSA), the country’s main financial watchdog responsible for controlling banking, securities, and the stock market. Initially, it had support for several major altcoins besides Bitcoin before expanding its existing crypto list.
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