Tencent Cloud and Mysten Labs formed a partnership, SUI Coin started to rise. A whale piled up massive DOGE on Robinhood. Meme coin DEGEN entered ByBit’s list and the price rose strongly. And more…
There is hot news from SUI Coin and these 6 altcoins!
Tencent Cloud and Mysten Labs partnered
Tencent Cloud, one of the leading cloud computing service providers, has expanded its support for Sui Blockchain (SUI Coin) through its Blockchain RPC service. This strategic move will provide advanced tools and resources to build decentralized applications (dApps) on the platform. This collaboration marks an important milestone in the Sui (SUI Coin) ecosystem. The partnership aims to improve the developer ecosystem for Sui. The price of Sui (SUI Coin) saw a significant increase following this development before declining. SUI Coin price recorded an all-time high during this period. This created optimism around the token.
When the price exploded, 250 million DOGE was sent to Robinhood!
cryptokoin.comAs you’ve been following from , the crypto waters continue to be choppy. Whales are also on the move in this environment. On-chain whale watcher Whale Alert detected huge chunks of DOGE that a whale was carrying to Robinhood. Some people in the crypto community immediately thought of Elon Musk, albeit as a joke. In these transfers, the whale moved 250,000,000 DOGE from an anonymous wallet to Robinhood. Additionally, 83,103,732 Dogecoin went to an anonymous blockchain address.
Meme Coin DEGEN entered ByBit’s list, the price increased!
The crypto market witnessed a surge today with meme coin DEGEN rising an impressive 42%. The catalyst behind this surge was DEGEN’s listing on ByBit, one of the leading cryptocurrency exchanges. According to reports from the exchange, the token is now ready to be traded on the spot market with USDT parity.
What sets DEGEN apart from others is its integration into the decentralized network Farcaster, which is often hailed as the crypto analogue of Twitter. Originally designed as a reward token for participants in the Farcaster Degen channel, the token quickly grew from a mere meme coin into a formidable asset. Its growing community includes developers, crypto content creators, and enthusiasts who have embraced the coin’s potential.
XRP Ledger will receive major AMM update soon
The XRP Ledger (XRPL) protocol will be available with a major update to the Automated Market Maker (AMM) feature, which went live on the main-net last week. Developers describe this update as “FixAMMOverflowOffer”. The update provides a tool to address “incorrect handling of large synthetic AMM bids in the payment engine.” The protocol is working fine now. However, as the AMM engine sees greater adoption and user adoption over time, the AMMOverflowOffer fix will come in handy.
Alchemy Pay invested in LaPay and received an API license
Web3 payment solution provider Alchemy Pay has announced its investment in LaPay UK Ltd. LaPay is a UK-based financial technology company dedicated to promoting international commercial growth of businesses. Notably, LaPay holds the UK Authorized Payment Institution (API) license number 914920. It is also subject to regulation by the UK Financial Conduct Authority (FCA).
SlowMist: Attacks against Prisma Finance continue
SlowMist shared on social media that the attacks against Prisma Finance have not stopped yet. He attributed this to problems with the MigrateTroveZap contract. SlowMist stated that the protocol can be suspended via PrismaCore. Therefore, he called for authorities to act quickly.
FLock.io closes $6 million seed funding round
Meanwhile, Web3 AI project Flock.io announced that it has completed a $6 million seed funding round. The round included DCG, OKX Ventures and Volt Capital, led by Lightspeed Faction and Tagus Capital. The seed round brings FLock’s total funding raised to $8 million. FLock’s board of directors will not change after this funding round. Because FLock is still in the Simple Agreement for Future Equity (SAFE) stage.
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