The crypto market has witnessed a flurry of activity in the last 12 hours, with notable developments across various projects. From Coinbase’s listing of $PEPE perpetual futures to cross-chain collaborations and upcoming announcements, here’s what happened in the crypto industry.
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Coinbase and Binance Announcements
Coinbase International has announced the listing of $PEPE perpetual futures, set to go live on April 18. This move is expected to bring increased liquidity and trading opportunities for the popular meme coin. Meanwhile, Binance Labs has invested in BounceBit to support Bitcoin restaking, highlighting the growing interest in this emerging sector.
Cross-Chain Collaborations
Several projects have announced collaborations aimed at enhancing cross-chain functionality and interoperability:
- $ACX (Across Protocol) has partnered with Uniswap to introduce DeFi’s first standard for cross-chain intents.
- $LINK (Chainlink) has released Transporter, a CCIP-powered app for secure cross-chain bridging of tokens and messages.
- $ONDO (Ondo Finance) has tested a new feature from Circle for instant conversions from BlackRock’s tokenized $BUIDL fund to USDC.
These developments demonstrate the increasing importance of cross-chain solutions in the crypto ecosystem.
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Projects are also offering new opportunities for users to earn rewards and participate in their ecosystems:
- $ALT (Altlayer) has launched the Xterio $XTER launchpool.
- $UOS (Ultra) has announced an airdrop of partner project tokens for $UOS holders.
These initiatives aim to incentivize user engagement and foster community growth.
Mainnet Launches and Upgrades
Several projects have announced mainnet launches and upgrades, signaling their continued development and expansion:
- $GAL (Galxe) has launched its mainnet, enabling cross-domain pseudonymous identities.
- $MTL (Metal) has announced that Upbit will support the network transition to Metal L2.
- $XAI (Xai) is scheduled to release its V2 staking feature soon, according to its Discord channel.
These upgrades and launches demonstrate the ongoing efforts of projects to improve their platforms and offer new features to their users.
Upcoming Announcements and Roadmaps
Several projects have teased upcoming announcements and roadmaps, generating excitement within their communities:
- $GALA (Gala Games) CEO @BitBenderBrink has unveiled the $GALA roadmap.
- $LOOKS (LooksRare) has teased a big announcement coming soon.
- $VIC (Viction) CEO @drofin69 has hinted at a significant development in the works.
These announcements have sparked speculation and anticipation among investors and enthusiasts, as they await further details on the future plans of these projects.
Voting and Governance
Projects are also engaging their communities in voting and governance processes:
- $JUP (Jupiter) is set to begin its LFG voting round 2 on April 17, allowing token holders to participate in decision-making.
This emphasis on community involvement and decentralized governance highlights the growing importance of user participation in the crypto space.
Legal Developments
In other news, FTX founder Sam Bankman-Fried has appealed his fraud conviction and 25-year prison sentence. This development has drawn attention to the ongoing legal challenges faced by some prominent figures in the crypto industry.
The last 12 hours have seen a diverse array of developments in the crypto market, from exchange listings and cross-chain collaborations to mainnet launches and upcoming announcements.
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