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Cryptocurrency News Articles
Neo Celebrates Eight Years of MainNet Operations, X Space Event Announced, and More
Oct 22, 2024 at 08:57 am
Neo celebrated its eighth year of MainNet operations on Thursday, Oct. 17.
General Updates
Neo celebrated its eighth year of MainNet operations on Thursday, Oct. 17.
Users can now generate Neo addresses directly within the MetaMask extension using Vital Wallet, a new MetaMask Snap application. MetaMask Snaps allow developers to build on MetaMask and customize it to their needs. The Vital Wallet has been audited by Hacken and announced on the MetaMaskDev X account.
Neo Global Development hosted a Telegram-based AMA on the official Neo server, featuring Neo core developer Anna Shaleva and AxLabs founder Guil. Sperb Machado to discuss Neo X development. Topics of discussion included the current state of Neo X, X’s performance metrics, its unique advantages over other EVM-compatible chains, enhancements in governance, and upcoming features designed to optimize user experience and expand the platform’s capabilities. The session featured a giveaway of US $100 in GAS, distributed to community members who contributed questions.
Rise In released the list of winners of the Neo X Grind Hackathon, which hosted more than 140 participants and witnessed 45 project submissions. The top three winning teams included Telegram Bot, Plutonium, and Protected Pay.
Hash War added support for Neo X into its NFT-based trading card game where players engage in battles, collect characters, and strategically develop their team to earn rewards. A special Neo X character was made available for purchase using GAS. The game has multiple modes: main quests, training, and player-versus-player battles. In addition to Neo X, Hash War also supports the TON and Ethereum blockchains.
Flamingo Finance added fWETH as a token that can be used as collateral on Flamingo Lend when creating the over-collateralized FUSD stablecoin. Platform users will pay a 6% interest rate when using fWETH as collateral. Additionally, Flamingo announced plans to integrate support for GAS as collateral.
Turing Finance released an X thread about the forthcoming liquid staking derivative project being built on Neo X. Turing Finance will seek to offer new yield opportunities with optimized rewards, increase liquidity in the Neo X ecosystem, and implement secure mechanisms through robust infrastructure.
nDapp released a new feature on its dApp discovery and research platform, Neo X Statistics, which shows the number of network contracts, addresses, and all-time transactions on the EVM sidechain. Additionally, nDapp added support for the Frank Coin NEP-17 FRANK token to GasBot, an onboarding tool that allows users to easily share NEP-17 tokens to users on Discord servers.
TOTHEMOON published Volume 2 of its Under The Hood series, made up of work in progress updates designed for its community to engage with early-stage concepts. Volume 2 is composed of the last four weeks of updates, with the original content posted in the TTM Discord group.
DeXFun added the Hong Kong stock market index to its perp Telegram mini-game, which allows players to speculate on the price direction in exchange for FUN points.
Frank Coin hosted a community quiz on the team’s official Telegram channel, where the first place participant won 1 GAS, and ten random winners each won 0.5 GAS.
Developer Updates
Neo SPCC released its bi-monthly update for August and September, which noted changes in the Go version policy, block fetching from NeoFS, NeoFS node updates, gateway enhancements, further development plans, and more.
COZ released Mamba v2.7.0, which fixed candidate unregister in NeoToken wrapper, improved VM exception handling for wrappers, and included general touch-ups.
NNT Catch Up
Stadle launched a points system to reward early GAS stakers. Stadle is a new liquid staking solution created by the team behind Carrot Swap. Due to Neo X governance currently being inactive, points earned by early stakers will convert to Stadle’s governance tokens in the future. Users can begin earning points on Stadle by staking GAS and then re-staking the resulting stGAS asset. In total, 1.8 million STD tokens, Stadle’s governance currency, have been allocated as rewards for early participants. When the governance module becomes active, these tokens are planned to decentralize decision-making on the platform.
NNT editors co-hosted Crypto Coffee and Blockchain Beer Spaces #38 on the official The Smart Economy Podcast X account. Topics of discussion included whether politicians really determine the future of blockchain, AI agents as onboarding tools for mainstream masses, crypto’s first AI bot millionaire, the trade-offs for Unichain’s TEE, and internal debates about Ethereum’s future.
The Smart Economy Podcast published more than 20 interviews with various projects at Permissionless III, which took place in Salt Lake City, Utah. The following projects participated in the interviews: SKALE, MARA, Zeta Markets, Autonomys, Nodle, Scrib3, Kiln, Midnight, Wormhole Foundation, Doggy Fi, Neptune Finance, Ava Protocol,
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- Elon Musk May Inject $104 Billion into XRP to Power the Payments Infrastructure for X—His Ambitious "Everything App"
- Nov 24, 2024 at 08:10 am
- In a move that could shake the very foundations of the cryptocurrency and financial world, rumors are swirling that Elon Musk may be preparing to inject a staggering $104 billion into XRP
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- Bitwise Asset Management Joins the Race to Bring the First Solana ETF to Market
- Nov 24, 2024 at 07:40 am
- On Monday, Bitwise Asset Management added to the list of issuers on the Solana ETF race for approval. The firm officially declared its plans to file an S-1 application for a spot Solana (SOL) Exchange-Traded Fund (ETF).