Although it is impossible to keep up with the speed in the crypto money market, it is necessary to follow important news to keep up with it. We have compiled hot developments regarding altcoin projects in the interest of Turkish crypto money investors for our readers.
Last minute important developments from altcoin projects…
Two Avalanche (AVAX) DeFi hacked in one day
Today (February 17), two decentralized finance (DeFi) protocols on the Avalanche (AVAX) Blockchain were hacked by malicious people. It looks like on-chain researchers have managed to find at least one hacker. Cryptocurrency security firm PeckShield has issued a warning about a possible DeFi attack.
Internet Computer (ICP), listed on major stock exchanges
Poloniex, one of the oldest exchanges dating back to 2014, announced that it has listed Internet Computer’s ICP token. In similar news, AirGap, a software wallet, announced the integration of Internet Computer. This integration will allow easy management and secure storage of the ICP.
Whale continues to grab Ethereum (ETH)
According to the Lookonchain platform, which tracks ‘smart money’ crypto transactions, a whale recently bought a large amount of Ethereum from two major exchanges. It did so despite the brief price hike earlier this week.
Ripple (XRP) is acceptable on Shopify-enabled sites
XRP payments can now be accepted on Shopify e-commerce sites, thanks to tools from crypto payment gateway NOWPayments. Among the current solutions NOWPayments provides to businesses that want to accept XRP as payment are eCommerce plugins. These eCommerce plugins are compatible with Shopify, PrestaShop, WooCommerce, Magento 2, WHMCS, OpenCart, Zen Cart and Shopware.
Arbitrum is now available on Coinbase
Ethereum Layer-2 scalability solution Arbitrum One announced that its network is now integrated with leading US crypto exchange Coinbase. As a result, assets such as ETH, DAI, and WBTC can now be used to deposit or withdraw funds from Coinbase via the Arbitrum network.
OCD up 32% after major announcement
OKB, the native token of the OKX cryptocurrency exchange, joined the list of assets that ended this week as the best-performing cryptocurrency. OKB’s growth was driven by the announcement of the launch of the USDC Futures Contract. This announcement is one of many attempts by the trading platform to expand its offerings and appeal to all individual traders.
Shibarium Telegram channel was shut down by Shytoshi Kusama
The Shiba Inu lead developer has disabled the option to send messages on the ‘All Things Shibarium’ channel on Telegram until further notice. This was after the SHIB community started demanding an approximate date for Shibarium’s release or whether it would be delayed. Kusama wrote that he is taking a hiatus from the Shibarium channel and will reopen the channel once the Shibarium documents are published and the community gains access to them. He added that until that happens, only official statements will be published there.
Coinbase invests in Rocket Pool
Crypto exchange Coinbase is strengthening its partnership with Rocket Pool by investing in the protocol and voting on oDAO offers. Ethereum staking platform Rocket Pool announced on its Discord that Coinbase Ventures is investing directly in the DeFi protocol. As a result, Coinbase will have a significant vote in oDAO for project decisions as well as investing in the staking platform.
CZ denied the delist claims
Bloomberg reports that Binance may delist Circle’s USD Coin (USDC) stablecoin and that the exchange is reevaluating venture capital investments in the US. Binance CEO Changpeng Zhao (CZ) has called reports that the exchange is considering delisting US-based altcoin projects as “false”.
Filecoin will launch smart contract on March 23
On March 23, Filecoin approved the launch of its smart contract, which is expected to help the Filecoin protocol become a fully functional Layer-1 Blockchain.
Blame on two addresses on the polygon
cryptocoin.comAs you follow, there is never a dull moment in the crypto world. Recently, a tweet from Lookonchain caused quite a stir. According to the tweet, two addresses on the Polygon network bought Binance GNS before launching it to make a profit. This news has caused many to wonder about the nature of the crypto market and how it can be manipulated. The first address started receiving GNS on February 8 and spent $500,000 to purchase 67,000 GNS for $7.38. Address sold 11,000 GNS for $11.22 after the announcement.
$13.8 million token sale round from Yield Guild Games
Yield Guild Games (YGG), a decentralized gaming guild that invests in NFTs of blockchain-based games and virtual world economies, recently closed a token sale round, raising substantial $13.8 million in funding. The funding round was supported by a16z Crypto and DWF Labs, among others. The company plans to use the funds to further develop the spirit-linked reputation token.
IOTA gets major upgrade to mint L1 token
Firefly, the native cryptocurrency wallet for the IOTA cryptocurrency, has recently come up with new functionality that could be groundbreaking for the entire IOTA ecosystem. The new Shimmer Firefly wallet brings a host of functionality for altcoin users. Users will be able to mint L1 tokens, vote on proposal based on token holdings, create local NFTs, create Nickname Outputs, and use deep links.
820 million DOGE tied to these wallets
As reported by several sources, just over 820 million Dogecoins have changed hands between anonymous addresses in the last two days. Some of these wallets were in the top 20 list. According to the DogeWhaleAlert Twitter account, an astonishing $200,000,000 was swiped at the time of the transfer, worth $17,088,400.
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