Venus Protocol launches Mission to Venus with extra APY & revenue share for XVS holders
Venus Protocol, a decentralized money market on Binance Smart Chain, is celebrating its Mission to Venus contest by boosting the rewards distribution on its new XVS vault.
Venus has increased the APY on the 1.2 million XVS staked in the vault to a whopping 40% at this time and for the next 120 days.
SXP soars 30% as Binance agrees to acquire the outstanding Swipe shares
The world’s leading digital asset exchange has agreed to acquire the outstanding shares of the cryptocurrency visa card issuer – Swipe.
After the announcement, Swipe’s native token – SXP – surged by more than 30% to almost $2 in minutes. SXP is currently trading at a price of $2.06 with a trading volume of $1.2 billion.
EMURGO’s soon-to-launch NFT marketplace on Cardano opens registration for artists
EMURGO has recently announced the launch of Fiborite, an upcoming NFT marketplace built on Cardano’s blockchain, allowing “socially conscious” artists and creators to connect with buyers and sellers in a single marketplace.
The Sandbox Game is planning to migrate to Polygon
The Sandbox will migrate the game to Polygon, a Tier two scaling option for Ethereum, to decrease transaction charges and network congestion when interacting with the game.
Additionally, The Sandbox also aims to launch DAO (decentralized autonomous organization) in 2022, offering landowners a much more prominent voice in the game.
New Year’s Eve party comes to the Metaverse as Times Square building owner enters Decentraland
Jamestown, the genuine estate firm that owns One Times Square has mentioned it will carry New Year’s Eve 2022 to the metaverse known as “MetaFest 2022”.
Jamestown announced that it has purchased 170 plenty in the Decentraland (MANA) metaverse. The total Times Square and One Times Square setting up will be recreated in digital format, then a get together to welcome 2022.
Mainnet 2.0 Galaxias Hard fork is complete
KardiaChain has implemented the Galaxias Hard fork and completed the upgrade to Mainnet 2.0 at block 6,039,393.
Over 41% of the total supply of SHIBA INU has been burned
The last week (12/20 – 12/26) was the biggest week in SHIB burning history, where total of 1,140,746,704 SHIB tokens were burned, up 109% from the previous week.
So far, a total of 410,292,481,894,121 SHIB tokens (41.02925%) have been burned from the initial supply of 1 quadrillion.
Ferrari enters the NFT universe by partnering with Swiss blockchain developer
Scuderia Ferrari signed a multi-year partnership with the Swiss technology company – Velas Network AG – to create non-fungible tokens (NFTs) for its fans. Ferrari and the NFT-related firm will provide the fans with the chance to own digital collectibles from March 2022.
XRP users move funds away from exchanges
According to the whale-tier transaction tracker WhaleAlert, 162 million XRP were moved from the Nexo exchange.
The second transaction was made on the Binance exchange and was worth $11 million, approximately, against the previously moved $130 million. The large transaction was made to an unknown address that currently holds 300 million XRP.
Facebook’s metaplans to explore NFTs, smart contracts, and DAOs in 2022
The new Meta-CTO Andrew Bosworth set out the vision of introducing and working with blockchain technology and various cryptocurrencies for the social networking giant.
Bosworth said Meta should develop NFT and focus on additionally considering investing in areas like Web3, smart contracts and DAOs.