Today, various events, listings, updates and partnership news of many projects in the altcoin market came to the fore. In the rest of the article, you can find important events planned for the next hours.
May 19 altcoin market event, partnership and listing announcements
- Climate finance firm Solid World has launched the first advanced pool of carbon assets in an automated market maker with support from Polygon. Solid World CEO Stenver Jerkku said that in the liquidity pool, projects can essentially pre-sell future carbon credits at a price set by an automated market maker.
- DeFi project Hector Network split in two due to Olympus DAO fork. Currently, porting the project Phantom network with HIP 40 is under discussion.
- Bitcoin wallet UniSat Wallet has released version v1.1.20. The update includes features like integration with MoonPay (buying BTC), disabling RBF to prevent accidental mis-spending.
- Derivatives trading platform Aevo, part of Ribbon Finance, announced the launch of perpetual futures.
- Sui mainnet version V1.1.0 has been released. This version will add the sui_getProtocolConfig method to return the protocol configuration.
- Osmosis has announced a new cross-chain security model called “Mesh Security”. This model is designed to combine assets staked in two or more networks, thereby increasing the security of the Cosmos ecosystem and preventing potential security breaches. Development of Grid Security will be funded by Osmosis in partnership with Axelar, Akash Network and ATOM Accelerator DAO.
- Liquidity protocol Tokemak has announced that Tokemak V2, which will introduce the dynamic liquidity management pool (LMP), will be released soon.
- Metaverse gaming platform MOBOX has launched its DragonMO Genesis NFT airdrop plan. The airdrop is based on the Arbitrum network and all ARB airdrop addresses can participate in the draw.
Ripple (XRP), the featured altcoin project of the week
- KuCoin announced that Terra Classic (LUNC) Network has increased its gas burn from 0.2% to 0.5%.
- Polygon zkEVM has recorded a 635% increase in TPS since launch. The data reveal over 40% growth for TVL.
- Cardano whales’ wallet balances increased by 154.75 million ADA during the week.
- PolySign CEO Jack McDonald shared that the company plans to explore ways to expand its XRP business.
- Grayscale has decided to terminate its Ethereum ETF plans. The company’s move to withdraw is based on increasing regulatory pressure in the US.
- Ripple (XRP) has become the most traded altcoin on the South Korean exchange Bithumb. According to the Messari report, XRP outperformed the altcoin market in the first quarter, with an increase of over 55% to $0.54. Behind the interest cryptocoin.com Herein lies the latest developments from the SEC case that we have cited.
- Mark Cuban shared Elon Musk’s attempt to start his own AI company and make “TruthGPT” (as opposed to Open AI’s ChatGPT):
Avalanche, Chiliz and Arbitrum news
- The core team of Avalanche-based DEX platform Trader Joe has announced its decision to discontinue JOE. The new token will be JOE.
- Rug Pull took place in the Arbitrum-based Swaprum application, the TokenSAPR project lost 100% of its value. Swaprum deleted his social media account and the scammer seized 1628 ETH (about 3 million).
- Crypto data provider PYOR has announced the completion of a $4 million initial funding round led by Castle Island Ventures, Hash3, Antler, Future Perfect Venture, Force Ventures.
- Spot on Chain reported that a whale address transferred 3,400 ETH worth $6.16 million to Coinbase.
- Shiba Inu has set the pre-sale date of the cold wallet, which will be released in cooperation with Tangem, as May 29.
- Chiliz (CHZ) has revealed the key features and future plans of CHILIZ 2.0 Chain.
Events
Meter Governance (MTRG) will hold a Twitter meeting tonight at 20:00.
listing news
BitMart announced that it has listed PalmPay (PALM) on the PALM/USDT pair.
TradingView has announced that after the Binance integration, the exchange will list spot market trading on its platform. This includes SHIB, XRP, ADA, etc. It will be included in major cryptos.
Cryptocurrency exchange QuickSwap announced that it has integrated the ORBS and dTwap protocols. ORBS provides infrastructure services for decentralized applications, while dTwap provides automatic and variable returns. This integration aims to support developments in the DeFi space by providing more liquidity and efficiency to QuickSwap users.
South Korea-based cryptocurrency exchange Bithunm announced that it has listed Floki Inu (FLOKI).
Binance announcements
Binance has added FXS, MKR, QNT, STG, MDT, OCEAN, HBAR, RIF and CELR as new loanable assets to its VIP Loan platform.
SUI, FLOW, LDO, OCEAN, CTSI, SNX, UNFI, STG, VET, INJ and JOE will be the new collateral assets of the platform.
Binance Futures has announced that it will delist the USD₮-M-Link/USD futures contract. Binance has launched fiat currency purchases with RDNT, TUSD, and USDC. BRL, EUR, NGN, PLN, RON, RUB, ZAR and TRY can now be purchased with these altcoins.
Finally, Binance has completed its Gala (GALA) contract renewal. GALA’s (ERC20) deposit and withdrawal services are now open.
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