IOTA Foundation partners with WED and others in Abu Dhabi. Cycle Network announced that it has completed its first round of multimillion-dollar financing. Arweave has released a public test-net called Arweave AO. WIF and PEPE Coin impressed with their market performance. And more!
There is news from ADA, AR, BTC, PEPE Coin and these 4 altcoins…
IOTA Foundation collaborates in Abu Dhabi
IOTA Foundation partners with WED and others in Abu Dhabi. Thus, Global trade is poised to improve its functions. The IOTA Foundation promises to reshape the landscape of international trade by forming alliances with leading global organizations. This strategic partnership also includes the World Economic Forum, Trademark Africa and the Tony Blair Institute for Global Change. The partnership is poised to address the age-old inefficiencies and opacities that plague global trade through the groundbreaking Trade Logistics Information Pipeline (TLIP). With TLIP, the concept of physical stamps on trade certificates is being gracefully retired. Instead, it refers to a digital counterpart that ensures documents remain untouchable.
Cycle Network completes one million dollar funding round
Cycle Network, a blockchain ledger protocol, announced that it has completed its first round of “millions of dollars” in funding. However, the exact amount of funding has not yet been disclosed. Vertex Ventures and Summer Ventures, both subsidiaries of Temasek Holdings, led the investment with participation from LTP, Super Chain Capital, GSG Digital and others.
Cycle Network has launched a solution to address interoperability issues in the Blockchain industry. Thanks to its innovative fully distributed ledger technology (ODLT), it offers a reliable way to interact with information on the Blockchain. Thus, solving the ‘sharding’ problem of Blockchain networks
Grayscale transferred 830 BTC to Coinbase Prime
cryptokoin.comAs you follow from , Bitcoin made a strong run above $57,000. Some whales took advantage of this increase and took action. Arkham reported that an address associated with Grayscale transferred 830 BTC to a Coinbase Prime deposit address. He also noted that it is worth approximately $47.42 million.
Ethereum is preparing for its big upgrade
Ethereum Foundation published an announcement regarding the Dencun main-net upgrade. The upgrade was successfully activated on all test-nets. Dencun is expected to be activated on the Ethereum main-net on March 13 at block height 269568. Node operators and stakers need to upgrade their software to the announced versions. The upgrade will help reduce L2 transaction fees. Thus, it will introduce a temporary data block with EIP-4844, also known as “protodanksharding”.
Arweave launches a public testnet called Arweave AO
Arweave has released a public testnet called Arweave AO, designed to provide a computational layer for social media and AI. The team plans to perform multiple audits on Arweave AO before the final mainnet launch in 2024
WIF and PEPE Coin exploded!
Meanwhile, meme tokens such as PEPE Coin and WIF became prominent in the Ethereum and Solana ecosystems. The tokens showed a significant increase, gaining up to 51% in value during the day. The rise in meme coins is seen as a way to bet on the growth of the Blockchain. Thus, it is spreading to tokens on other networks, with an average gain of 13% in the last 24 hours.
Justin Sun reveals HTX account balance
Justin Sun, founder of TRON and member of the HTX Global Advisory Committee, announced his HTX account balance on social media. According to the screenshot, the asset value is 28,613.73 BTC, which is approximately $1.624 billion.
Cardano launches Plutus V3 engine
Cardano’s parent company, Input Output HK, introduced the Plutus V3 engine to improve performance on the Proof-of-Stake network. According to the announcement, the project team has made the new ledger language available for testing on SanchoNet. It is noteworthy that Cardano has been considering this upgrade idea, among many other ideas, for a very long time. These improvements were strongly touted to put the protocol on a newer trajectory than it had previously experienced.
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