Pyth (PYTH Coin) announced that it has launched the Ecosystem Grant Program. Sui shared that the authentication project Netki will go live on Sui. Binance announced that it will also add NOT to futures trading. And more…
There is news from PYTH Coin and 7 altcoins!
Nubit integrates Merlin Chain
Merlin Chain using Nubit DA has officially gone live on the Nubit Alpha development testnet. Thus, it became possible for users to query relevant data via the development network. cryptokoin.comAs you follow from , on March 20, Nubit announced a partnership with Merlin Chain. Through this collaboration, the two parties will directly coordinate Merlin Chain with Nubit’s Bitcoin native DA solution. Thus, native L1 assets will unlock the potential of Bitcoin through its users and protocols.
Pyth (PYTH Coin) ecosystem grant program has started
Pyth Data Association today announced the launch of the Pyth (PYTH Coin) Ecosystem Grant Program. In this context, it provided 50 million PYTH Coin grants to eligible community members. This amount is equivalent to approximately $21.09 million at current prices. The funding program aims to encourage community members to share their ideas and insights about Pyth Network (PYTH Coin) with the wider Web3 community and contribute to its development through education and research programs.
The program includes three categories: community grants, research grants and developer grants. Each category focuses on different goals for the development and expansion of Pyth Network (PYTH Coin). The program will oversee the distribution of PYTH Coin tokens to applicants. These tokens come from the supply ecosystem growth token economy category. All three categories will allocate grants to unlock and lock tokens.
Netki will go live on Sui and launch DeFi Sentinel
Sui shared that the authentication project Netki will go live on Sui. Netki will launch the DeFi Sentinel tool, which can automatically comply with the agreement for developers. It will also allow developers to focus on delivering projects with big impact without having to spend time considering complex regulations. DeFi Sentinel will provide real-time KYC/AML, wallet scanning, financial transaction monitoring, securities compliance and tax compliance. Additionally, the tool will directly integrate with DeFi protocols on Sui who choose to implement it.
Sui will also integrate Netki’s OnboardID, which will improve the user onboarding and authentication process for protocols that support this functionality, reducing costs and simplifying the compliance of the Sui DeFi app deposit process.
Cumberland Tether’from Bought 20 million USDT and deposited it on CEX
After 12 days of slumber, Cumberland received 20 million USDT from Tether Treasury, according to on-chain watchdog LookonChain tracking. Cumberland then deposited it on a CEX, LookonChain stated. Since October 20, 2023, Cumberland has received 5.53 billion USDT from Tether Treasury and deposited it on CEX.
Binance will launch perpetual contract NOT USDⓈ-M
cryptokoin.comAs you follow from , Binance added the Launchpool project Notcoin (NOT) to its list today. The leading crypto exchange later announced in a statement that it would also add NOTE to futures trading. In this context, Binance announced that the Futures Trading Platform will launch the USDⓈ-M NOT perpetual contract on May 16 at 22:00 with up to 50x leverage.
Core Chain collaborates with Kiln
Core Chain, one of the leading Layer-1 Blockchains, has collaborated with Kiln. This project had already made a name for itself by performing staking transactions. The partnership is part of the network’s commitment to strengthening security and decentralization. Kiln is an institutional-grade validator that performs flawless staking transactions.
ICP announced its ambitious road map on its 3rd anniversary
Internet Computer Protocol (ICP), a pioneering decentralized Blockchain network, is today “4th”. The year celebrated its third anniversary by publishing the “Internet Computer Roadmap”. This roadmap highlights ICP’s achievements since its founding in May 2021. It also lays out ambitious plans to establish ICP as a leader in Decentralized Artificial Intelligence (DeAI) and Blockchain interoperability.
Oasys teams up with NFT arm of Ripple Partner SBI Group
SBINFT Market, a subsidiary of Japanese fintech giant SBI Group, now supports both L1 and L2 Blockchain networks of the Oasys ecosystem. Experts expect the joint program to accelerate Oasys’ role in Japan, one of the most influential Web3 hubs.
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