Bitcoin confirmed that it will not be in a rush to surpass the $43,000 zone. Along with the leading crypto money market, decreases and rises that do not exceed 3% fluctuate. On the other hand, listing 17 altcoin projects, partnerships, integrations, etc. shared the dates of events such as Let’s list the developments of the week in a single list.
Here are 17 altcoins and developments of the week
According to the official announcement shared by the Dvision Netwok team on social media, Polygon Network’s support in Dvision has now been finalized. Therefore, the protocol now works on Ethereum (ETH), Binance Smart Chain (BSC), and Polygon (MATIC).
Global crypto trading platform LBank Exchange announced Clifford Inu (CLIFF) will list. For all users of LBank Exchange, the CLIFF/USDT trading pair will be officially available on January 20, 2022 at 20:00 (UTC+8).
Floki Inu (FLOKI) is on track to become the 10 most used smart contracts by the top 1000 BSC wallets in the 24-hour timeframe of January 19th. WhaleStats shared the proceedings in the tweet below.
According to the latest update from Shibburn, 19.1 million SHIB have been removed from circulation forever in the past 24 hours, with an average token burn rate of 798190.6 per hour and 13303 per minute. The data reports that this burning occurred in 8 transactions.
OpenSea is acquiring Ethereum wallet manufacturer Dharma Labs as part of its 2022 expansion move. In a blog post published Tuesday, OpenSea said, “We believe this alliance will be a force multiplier for NFTs and web3 adoption.”
DeFi reserve protocol OlympusDAO announced a collaboration with Balancer Protocol. OlympusDAO will distribute $50 million in liquidity to Balancer Protocol following a unanimous management proposal.
Dvision Network has officially announced that it is deployed on Polygon Mainnet and is bringing LAND NFTs to their ecosystem. This support from Polygon Network will signal a second land sale for Dvision Metaverse, scheduled for Q1 2022.
The Cardano Foundation has teamed up with EMURGO to start a joint project. The main goal is to support the ecosystem of the Blockchain protocol and accelerate decentralized application development. Detailed information on the subject, cryptocoin.com You can find the article we compiled.
Microsoft buys Activision Blizzard for $68.7 billion
- Microsoft announced that it has acquired leading game and interactive entertainment content developer Activision Blizzard for $68.7 billion. The sale is scheduled to be completed in 2023.
- CoinMarketCap has partnered with the Shiba Inu team to fix recent issues with “wormhole” addresses. The Shiba Inu community drew attention to three fake smart contracts related to the three “Ethereum killers” (Binance Smart Chain, Terra and Solana) displayed on the “front page of crypto”.
- According to the official announcement shared by Digital Entertainment Asset team, one of the most influential players in the Asian GameFi segment, it has completed a $12 million funding round.
- SocialKYC, the cutting-edge solution for digital identity management, is now ready to recruit its first users. BOTLabs Trusted Entity GmbH (BTE) introduces new authentication solution in Polkadot ecosystem.
IOHK, the parent company of altcoin project Cardano, gives a summary of the tremendous progress it has made so far in 2022. In a series of tweets, IOHK highlights eight major announcements from projects built on Cardano over the past 10 days:
Popular messaging app LINE introduced the DOSI platform at its tech conference in Thailand. Using blockchain technology, LINE established LINE NEXT, which is also the NFT marketplace, in Japan in June last year, aiming to spread NFT globally.
- Osmosis has announced Gravity Bridge, a cross chain protocol (IBC) for Ethereum, built by internet services provider Althea. Connecting Osmosis to the leading smart contract Blockchain could provide another boost in the overall value locked into the Cosmos automated market beacon.
Token burning effectiveness
- Let’s continue with the developments from fan tokens. Sports clubs appeal to a large investor base to offer privileges to fans. In the latest developments, Fenerbahçe Club announced that the 2nd burn of Fenerbahçe Token is on January 31st.
- Ertha (ERTHA) is listed on the KuCoin exchange. Transactions will be active from 13:00 on January 21. Filming will begin at 13:00 on January 22.
- Let’s end with the KuCoin exchange. Astar Network (ASTR) will be listed on the exchange from 20 January at 12:00 CET. Transactions will open on January 21 at 13:00 CEST.
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