The cryptocurrency market had a week where the bulls ran wild. Many altcoins have made satisfactory gains in the run initiated by the leading cryptocurrency Bitcoin. In this environment, altcoins continued to improve themselves and establish new partnerships. Important news came from some altcoins, including the popular metaverse coin The Sandbox (SAND).
News panorama for SAND and 9 altcoins…
Binance launches new Launchpool project Memecoin (MEME)
According to an official announcement, Binance has launched its new coin mining project, Memecoin (MEME). Users will be able to earn MEME rewards by depositing BNB, TUSD and FDUSD into the MEME mining pool on the Launchpad website on October 28, 2023. Additionally, MEME will be in use for a total of 30 days. The website is expected to be updated approximately four hours after this announcement, before the opening of the mining event. Meanwhile, Binance will list Memecoin (MEME). Accordingly, MEME/BTC, MEME/USDT, MEME/BNB trading parities will be opened for trading on 03 November 2023.
Platypus Finance will repay victims
Platypus Finance, a stablecoin trading project, said in a social media post that the team calculated the exact amount of tokens that should be paid out to each user, including funds from aggregators. Platypus Finance stated that they work closely with these partners to process refunds on a case-by-case basis. He also noted that he aims to distribute the refunds within the next week.
DCG to sell 50,000 shares of Gray BCH Trust
Crypto asset management firm Grayscale’s Bitcoin Cash Trust (BCH) plans to sell 50,000 shares on the OTCQX exchange, according to an official SEC filing. Sales DCG International Investments Ltd. will be carried out by. Additionally, the total market value is expected to be $93,050. The company plans to hold the sale on October 26.
dYdX Foundation will distribute all fees!
The dYdX Foundation has officially stated that all fees generated by the dYdX Chain, including transaction fees in USDC and Gas fees in DYDX, will be distributed to validators and pledgers each time a new block is sent.
Access Protocol closes $1.2 million seed round
Access Protocol is a content monetization protocol in the Solana ecosystem. The project announced the completion of a $1.2 million seed financing round with the participation of Sora Ventures, DV Ventures, CMS Holdings, Double Peak Group and angel investors.
TRON Chilon update is live
TRON’s main-net will receive the GreatVoyage-v4.7.3 or Chilon update on October 25, 2023. This update will improve TRON network performance. It will also help developers and customers. Chilon, the latest on-demand release, enhances the TRON user experience. These advantages make the environment more user-friendly.
Horizen EON announces integration with LayerZero
The Horizen ecosystem is a leading force in the world of Blockchain technology. cryptokoin.com As we reported, the ecosystem announced that it has made a significant integration with the LayerZero protocol. This major integration will revolutionize the capabilities of Horizen EON. It will also reveal powerful cross-chain communication tools that promise seamless, secure and efficient data exchange between various Blockchains.
MOBOX, MBOX will collect and burn
Altcoin project announced the “New MBOX Buyback and Burn Program!” In this context, MOBOX made the following statement via its X account:
To fulfill our commitment to reward the community, MOBOX is preparing for a new token buyback and burn program aimed at providing additional value to our community. Stay tuned for future details as we begin this new chapter with the determination to adapt, improve and elevate the Mobox experience.
Floki launches new TokenFi platform
Floki developers are today launching a tokenization platform dedicated to the emerging real-world asset (RWA) segment, with the aim of positioning the legacy memecoin project as a serious DeFi contender.
Ethereum developers delay Dencun Hardfork
Ethereum clients for the consensus and execution layers are at odds with each other over the implementation of the Dencun upgrade. Ethereum client developers confirmed on Thursday, October 26, that they will not be implementing the Dencun upgrade before the end of the year. This is because the developer clients for the consensus layer and the execution layer are in conflict among themselves. It is possible that the delay in developments will put more pressure on the ETH price.
Adds option to spend Hi’s Mastercard Sandbox (SAND)
According to a published announcement, it is now possible for hi debit Mastercard users to spend Metaverse platform Sandbox’s SAND token in eligible markets in the European Economic Area. The card already allows users to spend Bitcoin (BTC), Ethereum (ETH) and USDT.
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