Many important developments await investors this week, from Plonky2, which Polygon launched to increase scalability, to new altcoin listings by OKEx and Public.com. Let’s take a quick look at the week’s announcements.
Altcoin projects Loopring and Curve listed on DAO Public
Crypto investment platform Public.com announced that it has listed altcoin projects Loopring (LRC) and Curve DAO. Thus, the total number of tokens traded on Public reaches 27.
OKEx lists Moonbeam Network’s GLMR token on the spot market . Trading will start on January 13, 2022 on the USDT pair.
Important statements from big companies this week
- Washington-based real estate firm Harbor Custom Development will accept Bitcoin, Ethereum, Dogecoin, Shiba Inu and more cryptocurrencies for payments. The company will reportedly start accepting cryptocurrencies as payment for its apartments, condominiums, and other properties from January 24.
- BitMEX’s former chief of compliance, Malcolm Wright, has joined Shyft Network, an initiative focused on helping cryptocurrency firms comply with global money laundering (AML) rules. “With DeFi, DAOs, and NFTs reaching a critical Kidollarse level in the last 12 months, Shyft paves the way for financial services firms and governments to tackle many challenges that go far beyond the Travel Rule,” Wright said in a statement, citing DeFi projects.
- Chia Network, founded by Bram Cohen, partners with Stably to launch the first dollar-denominated stablecoin on Blockchain. Through offers, Chia wallet holders, called makers and buyers, will be able to create and accept trade offers.
Polyon beats Shiba
Polygon (MATIC) beats Shiba Inu by market cap. With a current market cap of $16.59 billion, MATIC is the 13th largest cryptocurrency ahead of Shiba Inu’s $15.59 billion market cap. As Kriptokoin.com , Ethereum whales have been making bulk MATIC purchases for a while.
- In another development, Polygon launched the recursive Plonky2 to increase scalability on the Ethereum network. The L2 scaling solution also announced the release of a zk rollup Hermez in Q2 2022. Thus, on fast computers like the Macbook Pro, Plonky2 solves its recursive proof in just 170 milliseconds, and users can speed up their proofing times if they don’t require recursion.
According to the official joint announcement shared by the Foundation for Inter-Wallet Interoperability (FIO) and XUMM, the wallet integrates FIO Send, a crucial function of the FIO ecosystem. An unattended wallet from XRPL Labs, XUMM is a public individual wallet for XRP token and assets issued on the XRP Ledger network. Thus, the company signed a partnership that will facilitate the process of sending money only for XRPL users.
According to Polygonscan, London hard fork is on Polygon mainnet It will pass after 222,454 blocks. This gives an estimated date for Tuesday, January 18, 2022, at 8:00 AM (UTC).