Uniswap V3, the latest version of Uniswap, is expanding into the Asian market with a popular Chinese altcoin project. Other important investment and partnership news from the altcoin market are as follows…
Uniswap (UNI) announces partnership with popular Chinese altcoin project
Trending blockchain protocol Conflux (CFX), dubbed the MATIC of China, has shared its Uniswap V3 plans to bring massive CFX liquidity to the broader DeFi ecosystem. Conflux explained in the official announcement that the distribution has the potential to provide access to millions of new users, especially in the Chinese and Asian markets.
Uniswap is one of the largest DEXs in the dominant market and with the growing popularity of the Conflux protocol, both protocols will benefit from this partnership.
According to Conflux, the integration of the Uniswap V3 engine will significantly benefit projects operating in currencies other than USD from this deployment. While highlighting the benefits, the diversity of Conflux’s products was further highlighted by the community.
How did altcoin prices react to the news?
News of the integration sent Uniswap’s price up 2.56% to $6.25. Conflux, on the other hand, is down 4%; however, there is a rising spike in CFX trading volume. This more than 14% growth in trading volume showed how well CFX transformed the bullish outlook.
cryptocoin.com As Conflux, we have included the recent developments and price movements in this article.
Binance launches BrasileirĂŁo AssaĂ’s first NFT project
In the first news, Binance and the Brazilian Football Confederation (CBF), the highest football organization in Brazil, have collaborated to launch the first NFT in BrasileirĂŁo AssaĂ history. The initiative offers fans access to technology that will enhance the match experience and provide unique benefits.
Seasonal NFT holders will be able to join Fanverse, an exclusive gamification platform launched in May that combines actions and benefits in partnership with BrasileirĂŁo AssaĂ. In addition, NFT holders will be allowed to participate in match predictions, poll polls and other gamified experiences.
Muverse announces partnership with H3 Entertainment
At the Web Into Entertainment event jointly organized by Muverse and Syndicate Capital, Muverse announced its strategic partnership with H3 Entertainment. The two parties will work with Japanese art master and film stage producer Yoshihito Akatsuka to jointly develop the film project “The Interstice” based on the Muverse Avatar.
Multichain and HK Web3Hub launch $10M Web3 altcoin fund
Multichain has partnered with Web3hub, a platform launched by the G-Rocket Accelerator to push the Web3.0 industry forward, to launch a quarterly Web3.0 Global Acceleration Program. With a total of $10 million in funding and $1 million in startup funding raised by Multichain, the program aims to accelerate high-tech cross-chain application projects.
Multichain, together with Web3Hub powered by Web3.0 Hong Kong Institute, supports mainstream Blockchains, cloud service, media etc. has successfully brought together key players from the Web3 industry, including
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