Bitget launches PoolX mining projects HODL and DAOT. Binance announced that it will support Chiliz and MultiversX upgrades. Avalanche (AVAX Coin) attracted attention with an ambitious expansion move. And more…
There is important news from AVAX Coin and 8 altcoins!
A whale deposited 198 billion SHIB into Coinbase
A whale named “Gyarados123” recently deposited SHIB 198 billion (about $4.88 million) to Coinbase, on-chain watchdog The Data Nerd reported. Whale started accumulating SHIB 3 years ago at an average price of $0.0000085. If he sells at the current price, he’ll make about $3.2 million. This means a 2.9x return on investment.
Bitget PoolX launches HODL and DAOT
Crypto exchange Bitget has launched PoolX mining projects HODL and DAOT. It is necessary to stake BTC or ETH for mining and token income every hour. Stake mining opening hours are between May 17 at 16:00 and May 27 at 16:00. PoolX is a staking mining platform from Bitget. Each era of PoolX will have one or more staking mining pools. Additionally, it will distribute tokens according to the user staking rate every hour.
BEVM announces the launch of BEVM DAO
BEVM, a Bitcoin Layer2 project built on Taproot Consensus, announced the launch of BEVM DAO, a global co-founder community that aims to solve the problem of “invalid incentives” between crypto projects and real community users. BEVM DAO encourages Founders to participate in various activities such as writing articles, preparing videos, organizing online/offline events, attending meetings. All these behaviors will receive corresponding token rewards.
UXLINK tops DappRadar social app list
According to the RootData listing page, Web3 social platform and infrastructure UXLINK has topped the latest X hot projects list. He also ranked second on the platform’s hot search list in the last 7 days. UXLINK is the most user-friendly Web3 social platform and infrastructure that empowers users and developers to discover, distribute and trade crypto assets socially and in groups.
Sonne Finance is ready to give 10% reward to hackers!
In his message to the hacker on the blockchain, Sonne Finance said that after two days of cooperation with people in the field of crypto security, he is confident that he will be able to recover the funds stolen from the protocol by the attacker. However, doing so will be a long process. With this in mind, he is ready to offer the attacker a reward of 10% of the stolen funds. If the attacker returns the remaining 90%, he will be considered a white hat hacker. If the project does not return the attacker funds, the collected information will be shared with the relevant authorities and the public. The attacker must do this before 24:00 UTC on May 17, 2024. Following the news, the platform’s token SONNE saw an increase of over 8%.
Binance will support Chiliz and MultiversX upgrades
Major crypto exchange Binance has announced that it will support the upcoming network upgrades of Chiliz (CHZ) and MultiversX (EGLD). The exchange is taking proactive measures to ensure a smooth user experience during these important updates. The Chiliz (CHZ) network upgrade and hard fork will take place on May 20, 2024, around 10:00 AM, at a block height of 13,189,711. Binance will suspend deposits and withdrawals for tokens from Chiliz starting at 09:00 on the same day. In addition, the MultiversX network upgrade will take place on May 21, 2024 at 19:20. Binance will suspend deposits and withdrawals for tokens on MultiversX starting at 18:20.
Avalanche (AVAX Coin) made an important move!
Avalanche (AVAX Coin) attracted attention with an ambitious expansion move. The project announced its entry into the space of tokenized assets, starting with the tokenization of a select fine wine investment fund. This initiative demonstrates Avalanche’s strategic alignment with the prevailing wave of tokenization. It also positions the platform as a pioneer of innovation in the digital asset landscape.
According to official statements, Wine Capital Fund has gone through the transformative tokenization process organized by Oasis Pro. Following this, Avalanche (AVAX Coin) obtained a listing on ATS via C-Chain, which acts as a channel for distributing sophisticated smart contracts. Specifically, ATS stands for Oasis Pro’s trading platform that is accredited by the US Securities and Exchange Commission (SEC). AVAX Coin price reacted positively to the development.
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