The cryptocurrency market has witnessed a flurry of activity over the last 12 hours, with several notable developments across various projects. From exchange listings and Layer 2 migrations to ecosystem upgrades and fundraising initiatives, here are the key events that happened.
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OKX to List $SAFE, $GNO Holders Poised for Airdrop
OKX, a leading cryptocurrency exchange, has announced the listing of $SAFE, the native token of Gnosis Safe. According to GIP-29, the Gnosis treasury holds 15% of the $SAFE supply, and $GNO token holders are likely to receive $SAFE airdrops. This development has generated excitement within the Gnosis community, as it could potentially lead to increased liquidity and adoption for the $SAFE token.
Shiba Inu Raises $12M for Privacy-Focused Layer 3 Blockchain
Shiba Inu ($SHIB), the popular meme-inspired cryptocurrency, has successfully raised $12 million via the @treatsforShib initiative to develop its new privacy-focused Layer 3 blockchain. This move demonstrates the project’s commitment to expanding its ecosystem and providing enhanced privacy features for its users.
De.Fi Accelerator Launch and $DEFI Staker Benefits
De.Fi, a decentralized finance platform, has announced the launch of its new token launch platform, De.Fi Accelerator, scheduled for April 29. $DEFI token stakers will receive early access to the product, incentivizing participation in the De.Fi ecosystem and rewarding long-term supporters.
Celo Announces Layer 2 Migration Using OP Stack
Celo ($CELO) has announced the launch of its Layer 2 solution using the Optimism (OP) Stack. The testnet is expected to launch in the summer, marking a significant milestone for the Celo ecosystem. This migration aims to improve scalability, reduce transaction costs, and enhance the overall user experience for Celo-based applications.
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Show more +Stacks Begins Phase 2 of Nakamoto Upgrade Rollout
Stacks ($STX) has begun the second phase of its Nakamoto upgrade rollout process, with the mainnet activation expected to occur between May 15 and May 29. This upgrade is set to introduce new features and improvements to the Stacks blockchain, further enhancing its capabilities and positioning it for increased adoption.
dForce Teases Vision for Permissionless Liquidity Network
dForce ($DF) has teased big things, with the project set to unveil its vision for a Permissionless Liquidity Network tomorrow. This announcement has generated anticipation within the dForce community, as it could potentially revolutionize the way liquidity is provisioned and accessed within the decentralized finance space.
Ocean Protocol Unveils Enterprise v1 Initiative
Ocean Protocol ($OCEAN) has unveiled its @ocnenterprise initiative, with Enterprise v1 scheduled to be available by the end of Q3. This development aims to provide enterprise-grade solutions and services built on the Ocean Protocol, further expanding its use cases and driving adoption among businesses and institutions.
Marinade Proposes 50M $MNDE Allocation for Liquidity
Marinade Protocol ($MNDE) is in the process of governance for Marinade Earn – Season 3. If the proposal is approved, it would allocate up to 50 million $MNDE tokens to provide additional $mSOL liquidity, thus enhancing the liquidity and accessibility of the Marinade ecosystem.
The last 12 hours have seen a diverse array of developments in the cryptocurrency market, from exchange listings and Layer 2 migrations to ecosystem upgrades and fundraising initiatives.
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