Highlights of the week
$ETH Ropsten testnet merge is complete
$LINK integrates the platform’s technology into $AVAX
$XRP and $XLM to aid Novatti launch AUDC stablecoin
UFC clinches sponsorship deal with blockchain company $VET
$IOTA joins Dell to develop real-time carbon footprint tracking
$TRX stablecoin USDD has been raised to more than 200% of escrow
400 million Dogecoin bought by whale
Blockchain data tracker WhaleStats has reported that, in the last 24 hours, a top whale ranked 74th among the largest BNB whales it tracks, has bought 400 million Dogecoin, valued at $31,666,000.
Ethereum (ETH) drops to the lowest level since March 2021
Ethereum (ETH), the second-biggest cryptocurrency by market capitalization, dropped to an intraday low of $1,661 on June 10, the lowest level since March 28, 2021.
It is now down 65.56% from its record peak of $4,878 that the cryptocurrency managed to achieve in November.
Dogecoin market cap plunged more than $6 billion in May
According to BeInCrypto research, DOGE closed the fifth month of the year with a market capitalization of around $11.39 billion.
This was a 35% decline from the opening day’s market value. On May 1, DOGE saw an impressive trading volume of $991.71 million which corresponded to a market capitalization of approximately $17.62 billion.
Hacker Optimism returns 18 million tokens to the project
Optimism revealed that a hacker made away with 20 million Optimism (OP) tokens after token launch partner Wintermute accidentally transferred the tokens to the wrong account.
The Optimism (OP) hacker on Friday sent another 1 million OP tokens to Vitalik Buterin’s wallet address and left a message saying that they intend to return 18 million OP tokens.
XRP becomes the most wanted crypto by BSC whales
As per a recent tweet by WhaleStats on-chain data tracker, XRP-BSC token has become popular among BSC whales, turning into the number one most purchased digital asset. XRP is also on the list of top 10 coins by trading volume, holding third place after AVAX and MATIC.
In the meantime, Whale Alert has spotted nearly 313 million XRP coins shifted between exchanges and anon wallets.
HES rises 59.18% after 24h
With a gain of 59.18% after 24h, HES retained the top spot on the ONUS app’s Top Gainers Chart, with a 24-hour trading volume of $266.88 thousand.
With this accomplishment, HES maintains its strong momentum, having increased in value by more than 100% since its release through the Launchpad feature on ONUS and ONUS DeFi.
Farfetch luxury-fashion giant to begin accepting BTC, ETH, BNB payments soon
Farfetch is collaborating with German start-up Lunu, which deals with crypto payments and provides a point of sale for them, to provide cryptocurrency payment options for customers (Bitcoin, Ethereum and Binance Coin (BNB).
Within the next few months, these payments will be enabled for Farfetch’s private customers. Later this year, the service will become available to clients in the U.S., U.K., and Europe. Customers will just have to scan a QR code in order to conduct a payment.
Chainlink integrates the platform’s technology into Avalanche
Chainlink (LINK) has enabled its two prominent technologies, Chainlink Keepers and Chainlink Verifiable Random Function (VRF) to integrate into Avalanche (AVAX) mainnet.
The team emphasizes that the integration with Avalanche is done to assist developers in the platform. Chainlink Keepers will allow developers to automate smart contract functions in a decentralized manner.
Mastercard to allow 2.9B cardholders to make direct NFT purchases
The financial service provider announced that it has partnered with a number of leading NFT marketplaces to allow 2.9 billion cardholders to directly make NFT purchases without buying crypto first.
Mastercard stated that it has partnered with multiple NFT marketplaces namely Immutable X, Candy Digital, The Sandbox, Mintable, Spring, Nifty Gateway and Web3 infrastructure provider MoonPay.