Garanti BBVA, one of Turkey’s leading banks, continues its investments in the cryptocurrency sector. Garanti BBVA Digital Assets, the bank’s arm focusing on crypto assets, announced that it has added Avalanche (AVAX coin) to its platform. Meanwhile, important announcements came from various other altcoins. Here are the details…
AVAX coin move from Garanti BBVA
Garanti BBVA adds AVAX to the platform. With this move, Garanti BBVA Digital Assets will offer its customers a fourth cryptocurrency after Bitcoin (BTC), Ethereum (ETH) and USD Coin (USDC). M. Çağrı Süzer, Deputy General Manager of the Bank and Chairman of the Board of Directors of Garanti BBVA Digital Assets, made a statement. Süzer added that they expect Avalanche (AVAX) support to be met with great interest by Turkish investors. Avalanche (AVAX) tokens added to Garanti BBVA Digital Assets’ platform will initially be offered to users with a custody service. AVAX trading service will also be launched soon.
Merlin Chain Memeland and Starknet announcements
Merlin Chain made a statement on April 25, announcing that users can choose to “stake” M-BTC to the L1 address or L2 address with or without gas fees, respectively, if they have not received M-BTC before. Staking period is 3 days and 24 hours. Users who have previously purchased M-BTC can exchange it for BTC at a 1:1 ratio and send BTC to their wallets. Merlin Chain encourages users to exchange during off-peak hours.
The Memeland NFT project announced that it will distribute a total of 1 million Runecoin red envelopes to qualifying Stakeland users on April 25. Each red envelope contains 420 Runecoins. Users can choose to burn as many stakes as they want during the snapshot, up to 80% of their total stake. The default burn rate is 69%. If the user’s allocation is less than one red envelope, they will not receive any red envelopes and any remaining stakes will be refunded at the next event. The burn period will end at 13:00 on April 26, 2024.
In other news, the Starknet Foundation announced on April 25 that it was launching the “Advance” pilot opportunity, which aims to support established teams to launch games on the Starknet mainnet (or application chains that deploy to the Starknet mainnet). The program will match network fees used for games and deposit them into the accounts of game developers, allowing them to grow and accelerate their development in the Starknet ecosystem. The loan limit of the program will be up to $1 million.
WIF announcement from Coinbase, BounceBit news
TON officially announced on April 25 that it would airdrop 105,600 TON (approximately $600,000) to 2,061 NFT traders and holders on TON NFT markets such as Getgems, xRare, and NFT Diamonds. Additionally, according to the official announcement on April 25, Coinbase added support for Dogwifhat (WIF) perpetual futures on Coinbase International Exchange and Coinbase Advanced. Limit, market, stop-loss and limit stop orders are now available.
In other news, SynFutures announced that it will launch perpetual futures contracts for MERL, YIELD and MANEKI. Finally, Bitcoin re-stake blockchain BounceBit announced on April 25 that the Water Margin (Points Paradise) and East-to-West (BIT Incentive Program) events have ended. BounceBit will airdrop BB to all eligible participants who attend any of these events before trading begins.
To be instantly informed about the latest developments, contact us Twitter’in, Facebookin and InstagramFollow on . Telegram And YouTube Join our channel.