Delivery app Rappi Mexico now accepts cryptocurrency as payment
Rappi, a Colombian delivery app that enables on-demand delivery of food and other goods across Latin America, has partnered with cryptocurrency providers Bitpay and Bitso.
Rappi users will now be able to allow customers to make payments with cryptocurrencies.
Avalanche developer raising $350 million at $5.25 billion valuation
According to Bloomberg, Ava Labs, the main developer of the Avalanche blockchain, is reportedly raising $350 million in new funding at a $5.25 billion valuation. If successful, the fundraise will make Ava Labs one of the highest valued crypto startups.
Dogecoin (DOGE) to use Elon Musk’s Starlink to conduct offline transactions
Dogecoin developers are working to use the Starlink satellite network, operated by Elon Musk’s SpaceX firm, to conduct DOGE transactions using offline using radio technology.
According to a blog post from the Dogecoin Foundation, developers Michi Lumin and Timothy Stebbing are working on “RadioDoge”, which would enable DOGE transactions to be processed without the use of an internet connection.
HTD increased by 400% after 24 hours invested by Jade Forest Capital
Recently, Jade Forest Capital invested USD 5 million in HeroesTD, a Play-to-Earn game project that was offered for token sale at ONUS Launchpad in November 2021.
Only 24 hours after this event, HeroesTD token (HTD) has grown rapidly by 400%, x5 value with 24h trading volume surpassing 1 million USD. This achievement has helped HTD to simultaneously lead the Bullish and Top Trending charts on the ONUS app, and become the most discussed asset in ONUS communities in the past 24 hours.
Acala, Anchor join forces to unite Terra and Polkadot DeFi ecosystems
Acala, the Ethereum-compatible DeFi protocol has announced teaming up with Anchor to boost the decentralized stablecoin space of Terra and Polkadot ecosystems.
Following Wormhole integration plans, the two parties are all set to bring increased liquidity and yield opportunities for aUSD and UST by serving as gateways into the decentralized finance ecosystems of Polkadot and Terra.
287 Billion SHIB purchased by biggest whale on Ethereum network
According to transaction data, one of the biggest whales on the Ethereum network purchased $287 million, equivalent to $7.5 million.
As more whales started buying SHIB tokens at a large discount, the total USD value of SHIB holdings jumped to $1.19 billion, which put it in first place among all other assets.
5 new assets on ONUS
$FLOKI: a “Dog Copycats” meme coin project focuses on long-term development to create an autonomous and decentralized ecosystem.
$CHESS: a yield-enhancing asset tracker protocol with varied risk-return solutions.
$POLY: The platform provides technology to issue digital securities on the blockchain.
$ARNM: The platform integrates the strengths of the metaverse, NFT, and Play-to-Earn mechanics into mobile games.
$FRA: A decentralized transactional system, with tools for financial applications to operate over a ledger in a publicly auditable, yet confidential way.
Luna Foundation Guard adds $100 million BTC to UST reserves
The Luna Foundation Guard (LFG), the entity that acts as a resolve protocol for the algorithmic stablecoin UST, has added another $100 million in bitcoin (BTC) to its wallet.
LFG’s wallet now contains $1.7 billion in BTC, $549.84 million in other USD-denominated stablecoins, and $14.74 million in Terra. This makes the LFG wallet the 19th largest in total holdings.
Axie Infinity developer launches $1 million bug bounty after Ronin hack
Sky Mavis, the developer behind play-to-earn game Axie Infinity, has launched a bug bounty program after hackers drained $622 million in crypto from the company’s Ethereum sidechain, Ronin, last month.
Sky Mavis promises to pay white hats—aka cybersecurity vigilantes—their bounties in Axie Infinity’s native token AXS, with a “six month vesting period with monthly unlocks for fatal bounties.” The top bounty of $1,000,000 goes to those who can identify “extraordinarily severe issues or those with extreme impact.”
Polygon commits to going carbon neutral in 2022
The Polygon network announced on Tuesday its commitment to going carbon neutral and climate positive this year by releasing their “Green Manifesto: A Smart Contract with Planet Earth.”
They also made a $20 million pledge to offset their carbon footprints and buy extra credits to eventually become carbon negative.