As we enter April, crypto enthusiasts are keeping a close eye on updates and developments from some of the most popular altcoin projects. From the PancakeSwap V3 update to the Ethereum Shanghai hard fork, there are a few key events planned for this month.
v3 update will be released on PancakeSwap
PancakeSwap (CAKE), a decentralized platform, will release PancakeSwap V3 update on Binance Smart Chain on April 3. The update is expected to bring new features to PancakeSwap such as providing liquidity, improved transaction fees and incentives. With the release of v3, PancakeSwap is emerging as a key contender in the “war of DEXs” on BNB Chain, which has entered a serious new phase with the expansion of Uniswap v3 to the network. Currently, in terms of total value locked, PancakeSwap has a dominant 45 percent stake in the chain with a valuation of $3.4 billion, compared to $10 million in Uniswap.
EVM will be launched in Zilliqa
Second, the first full version of the Ethereum Virtual Machine (EVM) on the Zilliqa (ZIL) network will be released on April 25. Zilliqa’s team is working to launch an Ethereum Virtual Machine (EVM) compatible platform that will likely attract more developers to the ecosystem in the coming weeks. With the activation of the EVM, users will be able to transfer ZIL using some ETH-specific wallets. It will also be able to use Solidity smart contracts used in the ETH network.
Failed Bitcoin and altcoin exchange FTX sells LedgerX
FTX has announced that it will auction its derivatives platform LedgerX to interested bidders on April 4. The US arm of FTX acquired LedgerX in late 2021 and then rebranded it as FTX.US Derivatives. This latest news comes after a notice of revised dates was presented by the FTX advisor on March 18. The auction will take place at Sullivan & Cromwell’s offices on April 4 and a hearing will be held on April 12 to complete the sale. The winning bidder will be notified within one business day from the end of the auction.
FTX has been given approval to sell other business units including FTX Japan, FTX Europe and Embed Financial Technologies to raise funds for creditors. According to a legal filing, more than 117 parties have expressed interest in acquiring FTX’s subsidiaries.
NAKA 2.0 launch from Nakamoto Games
Nakamoto Games announced the launch of NAKA 2.0 on April 6. cryptocoin.com As we reported, Nakamoto Games offers a wide variety of Blockchain games with unlimited advantages for players. A number of games allow you to choose from your choice of games such as shooting, racing and more.
Rocket Pool to perform Atlas update
Rocket Pool, a project designed by Vitalik Buterin, is expected to perform the Atlas update on April 18. Founder and Chief Technology Officer David Rugendyke said in a recent blog post that Rocket Pool, a liquid staking protocol that is one of the top 20 projects in decentralized finance, will release its long-awaited “Atlas” upgrade in April.
Atlas will allow Rocket Pool node operators to run their own Ethereum validators with only 8 ETH, or around $12,500. This will halve the current 16 ETH requirements, which is half the amount required for people running their own validators without the Rocket Pool software. Overall, these events scheduled for April will significantly impact the altcoin market and crypto enthusiasts are keeping a close eye on the developments. With exciting updates and improvements expected in the coming weeks, it will be interesting to see how these altcoins perform in the market.
Impossible Finance will sell altcoins
On April 12, Impossible Finance will hold the Arken Finance altcoin sale. Arken Finance offers an all-in-one trading tool for DEX traders to track tokens and synthetic assets, predict market movement and trade at the best rate. Arken aggregates multiple DEXs into a single platform and addresses the core vulnerability of today’s DEXs. The tool includes a real-time trading view, giving users a single entry point to manage crypto assets with ease. It can even be customized for advanced traders with over 160 different technical indicators and unique custom charts.
There will be a big development for the leading altcoin ETH
The Ethereum Shanghai hard fork is scheduled to take place on April 12. This long-awaited upgrade will allow the withdrawal of staked ETH and will mark the completion of the full transition of Ethereum to the PoS network. The upgrade, called “Shapella”, is one of the most important upgrades in the Ethereum network.
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram And YouTube join our channel!
Risk Disclosure: The articles and articles on Kriptokoin.com do not constitute investment advice. Bitcoin and cryptocurrencies are high-risk assets, and you should do your due diligence and do your own research before investing in these currencies. You can lose some or all of your money by investing in Bitcoin and cryptocurrencies. Remember that your transfers and transactions are at your own risk and any losses that may occur are your responsibility. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, assets or services in this article.
Disclaimer: Advertisements on Kriptokoin.com are carried out through third-party advertising channels. In addition, Kriptokoin.com also includes sponsored articles and press releases on its site. For this reason, advertising links directed from Kriptokoin.com are on the site completely independent of Kriptokoin.com’s approval, and visits and pop-ups directed by advertising links are the responsibility of the user. The advertisements on Kriptokoin.com and the pages directed by the links in the sponsored articles do not bind Kriptokoin.com in any way.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.