The cryptocurrency market continues to struggle with harsh winter conditions. However, altcoin projects are also thriving in the bear market, forming partnerships and preparing for the upcoming bull market. We have compiled the latest news about 16 altcoin projects for our readers.
Hot news on altcoin projects…
Astar Network, a smart contract platform for multi-chain, announced today its partnership with legendary artist Yoshitaka Amano to create and publish an exclusive NFT collection on the Astar Blockchain. Amano’s fantasy worlds and characters will come to life for the first time on a Blockchain where his art can interact with Astar’s projects and communities.
IOTA’s newly released Shimmer token has seen its first major exchange listing. Crypto exchange Bitfinex has announced support for SMR, according to a recent tweet. Dominik Schiener, co-founder of IOTA and chairman of the IOTA Foundation, thanked Bitfinex for its support of the Shimmer token.
DeFiance Capital has distanced itself from crypto hedge fund Three Arrows Capital (3AC). In the meantime, let’s remind you that 3AC recently went bankrupt. The crypto venture capital firm now wants to invest in liquid tokens. Accordingly, it initiated a fundraising process of $100 million.
Singapore-based VC Blockchain Founders Fund (BFF) has focused on Blockchain and early-stage Web3 startups globally. In this context, it entered into a strategic partnership with Polygon. Polygon is investing in the fund to advance blockchain adoption and diversify the company’s assets.
Theta upgrade goes live to support wTHETA as TNT20 token. Theta v3.4.0 was successfully completed at block height 17285755 to introduce wTHETA, a ‘wrapped’ version of THETA token.
Continuing the breaking news on altcoins…
VeChain has partnered with ExoWorlds and others for a $4 trillion metaverse market. The team behind the project also launched VeChainHasNFTs. Accordingly, it aims to increase the interest of the VNFT ecosystem.
NFT lender BendDAO is considering the creation of the ApeCoin staking platform. NFT finance protocol BendDAO is designing a new yield aggregator product called BendEarn. Through this, he is considering a proposal to enable staking of ApeCoin (APE) on his platform.
Telefonica will accept Bitcoin, Ethereum, XRP and crypto for payments. The trillion-dollar company now accepts crypto payments for products in the tech market.
IOTA Identity Manager enables millions of businesses and organizations to access IOTA identity protocols. Tangle Labs Identity Manager will provide all the necessary tools for easy access to IOTA’s identity protocols.
The arrested Tornado Cash developer will remain in jail after the appeal is denied. The Netherlands arrested Tornado Cash developer Alexey Pertsev in August on allegations of facilitating money laundering. Alexey Pertsev will remain in prison for at least two more months if his appeal is denied.
Leading altcoin Ethereum’s scaling and connectivity solution Aurora (AOA) has teamed up with white-hat hackers to patch the vulnerability. Accordingly, he paid $2 million to the white-hat hackers. Meanwhile, Aurora detected and fixed its problems. In this process, no users were harmed.
German-based Deutsche Telekom announced that it supports the Ethereum network, which has switched to PoS with Merge. cryptocoin.comAs you follow, Ethereum has transitioned from PoW to PoS with the Merge upgrade.
There is also news from Türk Telekom in the field of Blockchain. Türk Telekom will present Non Fungible Token (NFT) to 1,000 people who purchase the game platform from Playstore. It will print these NFTs on the Ethereum layer-2 project Polygon (MATIC).
Meanwhile, Whale Alert, one of the most advanced Blockchain trackers, has announced its support for Dogecoin. Despite its status as a meme coin, Dogecoin is attracting a lot of attention from individual and institutional investors.
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