The cryptocurrency market has seen a flurry of activity over the past 12 hours, with several notable developments across various projects. From Binance’s new launchpool and rebranding announcements to mainnet launches and token updates, here are the key events according to layergg.
Binance Launchpool offers $REZ
Binance, one of the world’s leading cryptocurrency exchanges, has announced the launch of the $REZ Launchpool. REZ is set to begin trading in USD on April 30, offering investors a new opportunity to participate in the growing DeFi ecosystem.
Hedera collaborated with BlackRock
Hedera ($HBAR) announced the tokenization of BlackRock’s U.S. Treasury Money Market Fund (MMF) in collaboration with ArchaxEx and OwneraIO. This development indicates the growing interest of traditional financial institutions in the blockchain and cryptocurrency space.
Brand changes and index changes
Several projects have announced rebranding and index changes:
ArchLoot ($ALT) will change its ticker to $AL and move from BEP20 to ERC20. GuildFi ($GF) will be rebranded as Zentry ($ZENT), with a 1-for-10 token split on April 25. Selfchain ($FRONT) is in the final stages of preparing for its mainnet launch, which will be accompanied by a rebranding to $SELF.
These rebranding efforts demonstrate the evolving nature of the cryptocurrency landscape and the need for projects to adapt and improve their identities.
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Launching Chiliz’s new Tokenomics and Testnet
The CEO of Chiliz ($CHZ) announced that the “Dragon8” testnet, designed to test new tokens, will be launched within the next few days. This development demonstrates Chiliz’s commitment to improving its ecosystem and providing enhanced value to its users.
The first launch pad and pre-sale of the portal
The portal’s first official launchpad, @playsomo, will begin pre-sale for $SOMO on April 25 at 3pm UTC. This event represents an important milestone for the portal and provides investors with the opportunity to participate in the early stages of a promising project.
Increasing the circulating supply of Worldcoin
Worldcoin ($WLD) announced plans to increase circulating supply by up to 19% over the next six months. This decision aims to support the growth and development of the project, while also improving liquidity for $WLD token holders.
Other notable developments
Gala Games: Voyager: Ascension from @rflxtstudio launches today on GalaChain. Jupiter: The beta version of the Jupiter Mobile app is expected to be released in May. Lisk: The $LSK migration snapshot is scheduled for May 21. Heroes of Mafia: The project announced the launch of its second major user acquisition campaign across various social media platforms. Ronin: @themachinesgame’s open beta has been released, and Play 2 Airdrop is scheduled to begin soon, according to @Jihoz_Axie.
The past 12 hours have seen a variety of developments in the cryptocurrency market, from exchange listings and rebranding announcements to mainnet launches and cryptocurrency updates.
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