Happy Weekend Crypto Investors! Altcoins at a Glance was created to keep you updated with the latest news about your favorite tokens. We all love Bitcoin, but there are thousands of other crypto projects. They are so many that it is impossible to know what is going on with them without spending a lot of time. But don’t worry, we got you covered. We have collated the best news so that you have more time chasing and spending those gains.
Let us get started.
Would You Trade Your Biometrics for Altcoins?
- Worldcoin (WLD) just launched and will give users free tokens in exchange for having their irises scanned.
- The project was co-founded by Sam Altman, CEO of OpenAI, the creator of ChatGPT.
- A device called the Orb scans the eyes of individuals. Each person is given a unique identifier that gets stored in the blockchain and secured with zero knowledge proof.
- The WLD, an ERC-20 token, is given to people who participate.
- It is meant to give humans a convenient way for them prove that they are real and not a bot or AI.
- While it sounds like an easy way to get free tokens, some have pointed out that this poses a threat to privacy and security.
Trade Altcoins Easily With Unibot
- Telegram trading bots, like Unibot, are making it easier for users to trade in decentralized exchanges.
- Users do not have to leave Telegram to trade.
- One of the features is to simultaneously trade using multiple self-custody wallets, like Metamask, to place buy and sell orders.
- The user-friendly interface allows users to trade using the messaging functions of Telegram.
- The UNIBOT token has shown a more than 80x increase since last May.
- Below is a video on how to use it.
Shiba Inu Releases Beta Bridge for Shibarium
- Shibarium is the much-awaited Shiba Inu layer two solution. It aims to enable cheaper and faster transactions while reducing congestion.
- The Shibarium beta bridge has been launched for public testing. It is marketed as a revolutionary cross-chain solution.
- However, the developers are recommending caution and advised not to use real assets during testing
Twitter Rebrands to X, DOGE Pumps
- Elon Musk Rebranded Twitter to X.
- DOGE, Elon’s favorite meme coin pumped due to the news.
- Elon is known to tweet cryptic messages regarding DOGE, which are usually followed by a pump. The Twitter logo was temporarily replaced with a Shiba Inu dog last April.
Watch out for Cardano’s Mithril Upgrade
- The Cardano (ADA) Mithril upgrade aims to bring improvements to the blockchain.
- Improvements include faster and more secure data synchronization, increase efficiency in stake-based signature aggregation, and an increase in transparent and decentralized governance.
- There is no final release date yet, but it is expected to happen in 2023.
Aurory Game Will Expand with Arbitrum
- Aurory, a Japanese blockchain-based built on Solana will integrate with the Arbitrum Network
- The developers behind Aurory ($AURY) stated that expanding the game to multiple blockchains will allow it to interact with different vibrant communities.
- Aurory will tap SyncSpace to help with its expansion.
- The game developers assured users that it will not leave the Solana chain, and there are plans to integrate with more blockchains in the future.
Thank you for joining us for another edition of Altcoins at a Glance. See you next week.
