Polygon Labs announced the launch of dApp Launchpad. Orbs announced its strategic cooperation with Quickswap DEX. Meanwhile, two giant whales collect Pepe (PEPE Coin). Exaion became a network validator for Chiliz Chain. Conflux Network is working with AnchorX for stablecoin. Yala announced a collaboration with Botanix Labs. Here are the details…
There are hot developments in PEPE Coin and 5 altcoins!
Polygon Labs launches dApp Launchpad
Polygon Labs announced the release of the command line interface (CLI) tool dApp Launchpad. This tool will enable rapid launch of dApp projects compatible with the Ethereum Virtual Machine (EVM). dApp Launchpad simplifies every step of the development process, from setting up the development environment to deploying the app to production.
Orbs announces strategic collaboration with Quickswap DEX
The integration of Orbs Liquidity Center with Quickswap will enable on-chain traders to benefit from deeper liquidity. This will allow them to trade at a competitive pace with minimal slippage. In this context, according to the official statement made by the Orbs team, the industry-leading Liquidity Center is debuting on Polygon zkEVM, a ZK-powered L2 on Ethereum (ETH). Liquidity Hub will offer Polygon zkEVM users low transaction fees, a modern level of protection against Maximum Extractable Value (MEV), transaction processing without gas fees, and a clear user interface.
Pepe Coin whales purchased over 560 billion tokens
Two important investors, popularly known as “whales”, are collecting Pepe (PEPE Coin). In this regard, whales made large purchases reaching a total of 560.2 billion coins. This development, reported by the cryptocurrency analysis platform Spot On Chain, led to speculation about PEPE coin. According to Spot On Chain, these purchases come as the price of PEPE has made a significant recovery, rising nearly 11% in the last 24 hours. Significant purchases by whales coincide with this price recovery after the recent crypto crash. This points to a potentially strategic move to take advantage of volatile market conditions.
Exaion partners with Chiliz
Meanwhile, Exaion has become a network validator for Chiliz Chain. The company is a subsidiary of France’s state-owned energy company EDF. Exaion hopes to expand its Blockchain business and increase its investments in sports and entertainment. Chiliz wants to benefit from Exaion’s expertise in the energy and technology sectors. Exaion focuses on addressing the energy efficiency of data centers. Thus, it helps industries in digital transformation related to cloud and Blockchain.
Conflux collaborates with AnchorX
Conflux Network, a Layer 1 Blockchain project based in China, is working with fintech firm AnchorX to launch a Hong Kong dollar-backed stablecoin in the second quarter of this year. Fan Long, founder and CEO of Conflux, said that the AnchorX team hopes to launch the “AxHKD” stablecoin as soon as possible. In this context, Long made the following statement:
We hope they can launch it as soon as possible. If it progresses quickly, maybe in the 2nd quarter people will be able to buy them from the exchanges. However, this is the fastest possibility. But a lot is determined by how quickly the regulatory sandbox moves forward.
Yala is collaborating with Botanix Labs
Meanwhile, Bitcoin native liquidity and stablecoin DeFi protocol Yala have made a significant collaboration. In this direction, Yala announced a collaboration with decentralized EVM protocol Botanix Labs. The protocol stated that both parties will jointly explore decentralized financial innovations. In this regard, Botanix Labs announced the development as follows:
We are pleased to announce our new partnership with Yala to expand the versatility of decentralized financial services built on Bitcoin using Botanix EVM.
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