This week from Plonky2, which Polygon launched to improve scalability, OKEx and Public. com’s new altcoin listings, many important developments are waiting for their investors. 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 in Public reaches 27.
OKEx lists Moonbeam Network’s GLMR token on the spot market. Trading will start on the USDT pair on January 13, 2022.
Important statements made 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 residences, apartments, condominiums and other properties from January 24.
- Former compliance chief at BitMEX, 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 critical mass 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, referring to DeFi projects.
- Chia Network, founded by Bram Cohen, partners with Stably to launch the first dollar-denominated stablecoin on the blockchain. Through offers, Chia wallet holders, called makers and buyers, will be able to create and accept trade offers.
Polyon left Shiba back
Polygon (MATIC) beat the Shiba Inu in terms of 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. Cryptocoin. com, Ethereum whales have been making bulk MATIC purchases for a while.
- In another development, Polygon has launched the recursive Plonky2 to increase scalability on the Ethereum network. The L2 scaling solution also announced the launch of a zk rollup Hermez in Q2 of 2022. Thus, on fast computers like the Macbook Pro, Plonky2 solves the 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. XUMM, an unattended wallet from XRPL Labs, 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, the London hard fork will pass after 222,454 blocks on the Polygon mainnet. This gives an estimated date for Tuesday, January 18, 2022, at 8:00 AM (UTC).