400 new projects and 100K new wallets in a month on Cardano
According to Cardano creators Input Output (IOHK), there are nearly 900 projects in development on the network.
Activity on the Cardano blockchain is starting to heat up, with 400 new projects in the works along with 100,000 new wallets being created over the past month.
Hyundai to become the first automaker to enter the NFT market
Hyundai Motor, one of the ten biggest car manufacturing companies, will be joining hands with the ‘Meta Kongz’ NFT brand to create its own set of NFTs and a concept film.
On April 20, Hyundai is also going to issue 30 limited edition ‘Hyundai x Meta Kongz’ NFTs to commemorate the release of the concept film. The team intends on further expanding Hyundai’s NFT Universe this year.
SHIBA INU and Dogecoin now accepted by Porsche dealer
Porsche Towson, Baltimore’s only exclusive Porsche center, has partnered with cryptocurrency payment processor BitPay in order to accept digital assets.
Notably, the dealership, which offers both new and used Porsche cars, now accepts Dogecoin and SHIBA INU, the two most popular meme coins, on top of more conventional cryptocurrencies such as Bitcoin.
Metaverse startup The Sandbox looks to raise $400M at $4B valuation
Metaverse firm The Sandbox is looking to raise $400 million at a valuation of more than $4 billion, according to a Bloomberg report on Tuesday.
The platform’s native token SAND is priced at $2.95 and boasts a market capitalization of around $3.4 billion.
HBB rises 234.25% after 24h
After many days fluctuating between $0.4074 and $0.599, HBB, the native token of the Hubble Protocol ecosystem, recorded a positive signal and rose again.
HBB has gained 234.25% in the last 24 hours to $1.464, the highest level since February 11th. However, with the ATH of $1.839, many investors still have high expectations for the potential breakthrough of this token.
SHIB to list on DeFi exchange Parex
Parex exchange announced that it intends to launch SHIBA INU deposits and trading on its platform on April 20. The meme token will be paired against USDT.
Binance burns another $741 million worth of BNB
The world’s largest cryptocurrency exchange, Binance announced completing its 19th quarterly BNB Auto-Burn. A total of 1,839,786.26 BNB, or the equivalent of $741,840,738.874 USD, was removed from circulation.
243.6 billion SHIB scooped up by whales as token recovers from recent fall
According to WhaleStats, over the past 20 hours, two massive SHIB transactions have been conducted, carrying 193.4 billion and 50.5 billion SHIBA INU. These chunks of the second largest canine cryptocurrency cost investors $1,241,789 and $4,821,938.
SHIBA INU remains the biggest crypto asset by US dollar value held by Ethereum whales. Overall, the top 100 ETH investors hold $1,337,783,668 worth of SHIB; that is the equivalent of 53.4 trillion SHIB or 15.14% of their comprised portfolio.
Bitcoin average transaction fees lowest in two years at $1.04
As evidenced by data provided by Blockchain.com, the average BTC transaction fee saw a steady decline from an all-time high of $62.788 in April 2021 before coming down to an eight-month average of $2 in July 2021.
Algorand rents Times Square billboard to tout green cred ahead of Earth Day
The Algorand Foundation announced that on Thursday, April 21, it will darken Times Square in New York to exhibit its dedication to sustainability. The takeover will begin with billboards showing an environmentalist call to action before going dark for an hour starting at 8 p.m. ET. The ad spending is pegged to Earth Day in the U.S.
Algorand Foundation CEO Staci Warden told that the event aims to both debunk myths about the carbon impact of blockchain technology and bring awareness to the environmental costs of Times Square billboards themselves.