Today, developments such as new partnerships and new product launches for various altcoin projects attracted attention. Here are the details…
IOTA (MIOTA) announces Multichain partnership
In a blog post published today, IOTA announced a partnership with Multichain, formerly known as Anyswap, to facilitate interoperability with Shimmers. Users will be able to trade tokens on both networks thanks to this integration with the Web3 cross-chain infrastructure provider. It is noteworthy that these advantages will also cover the ShimmerEVM chain. Moreover, for the ShimmerEVM chain, it will enable interoperability not only with IOTA but with other Multichain powered networks including Ethereum, Fantom and BSC testnets.
New burn plan announced for altcoin LUNC
Cremation Coin is a recently launched project to reduce the extensive supply of other crypto assets. However, they state that they are currently focusing on Terra Classic, which is why they are burning the LUNC tokens. As a result, they are launching an innovative NFT initiative that could help burn more Terra Classic (LUNC) tokens. According to a recent tweet, the Cremation Coin team views the groundbreaking NFT initiative as a test project and plans to launch it within the next 48 hours.
Ralph Lauren performs altcoin integration
Ralph Lauren, one of the leading fashion companies in the USA, took its place on Twitter to announce that it has integrated Polygon as a payment option on its platform in cooperation with BitPay. Ralph Lauren announced the news to his 2.3 million Twitter followers. The company introduced the new RLMiami store in an announcement tweet. Located in Miami Florida, Ralph Lauren’s new Miami Design District store focuses on South Florida culture. The store will accept crypto payments from its customer base going forward. The RL Miami Design District store became the first Ralph Lauren store to accept cryptocurrencies.
Ethereum-based projects take action
Ethereum-based projects have joined forces to protect against exploits involving maximum extractable value (MEV). CoW Swap, BeaverBuild, and Agnostic Relayer launched a new MEV protection tool. MEVBlocker.io will reportedly pay users to protect themselves while trading DeFi, dApps and NFT. MEV Blocker routes transactions through a search network to block attacks. Seekers are bidding to undo transactions, where 90 percent of the profits go to users and 10 percent to validators. More than 30 names support projects in the Ethereum ecosystem, including bloXroute Labs, 1inch Network, Balancer, and GnosisDAO.
The GMX community has published a recommendation on altcoin LINK
On April 6, the GMX community released a new proposal to make Chainlink an oracle partner for GMX V2. If accepted, Chainlink will provide low-latency real-time market data to better support markets on GMX V2. The proposal proposes that 1.2 percent of GMX-generated protocol fees be allocated to Chainlink and its services of the Chainlink network to provide future development and technical support for the low-latency oracle solution that will be used by GMX.
A new platform based on Aptos enters the market
cryptocoin.com As we reported, the LBP pool of Thala, the Aptos-based DeFi protocol, was closed today, and most recently, $2.95 million was raised with a transaction volume of $8.28 million through the ThalaLaunch IPO. Thala has officially launched on the Aptos mainnet at night today.
MakerDAO founder sells and buys altcoins
As observed by on-chain data analyst Ember, MakerDAO co-founder Rune transferred 1.2 million LDOs from address 0xf65 to 0x0f8 last night, and then sold 150,000 LDOs and bought 569 MKR. Rune has reportedly sold 12.57 million LDOs and purchased 27,257 MKR since November 14, 2022.
Alchemy has launched a new service
On April 6, Blockchain development platform Alchemy opened its exclusive Webhooks services to the public that allow use cases such as real-time transactions, DeFi liquidation, NFT confirmation. This tool can provide a range of support to developers.
LUKSO mainnet launched
On April 6, Fabian Vogelsteller, one of the first co-founders of Ethereum and co-creator of ERC-20, launched the Layer 1 network LUKSO, which will compete with Ethereum itself. There will be a Genesis Validator deposit smart contract on the Ethereum Blockchain that will go live in a few weeks. At LUKSO, the Genesis Validator Deposit Smart Contract will allow users to deposit LYXe, an ERC-20 Token that went live in the ICO round in June 2020, to become a Genesis Validator.
EYWA and Curve partnered
On April 6, cross-chain DeFi protocol EYWA and Curve signed a partnership and the teams of the two projects will collaborate on the deployment and coding of liquidity pools. Curve will join EYWA’s multi-signature management and all parties are willing to participate in both parties’ DAO. EYWA DEX will be deployed in Curve’s smart contract.
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