Cronos Chain Updates | Bug Bounty Commences | July Week 4

The Cronos Chain ecosystem has interesting updates every week. Accordingly, Altcoin Buzz covers the updates from the fourth week in July to keep readers informed.

In this week’s article, we cover the Cronos Chain bug bounty program. As well as, CySEC regulatory approval.

1 – Cronos Chain Commences Bug Bounty

Cronos Chain is working with Immunefi to commence its Gravity Bridge Testnet Bug Bounty worth up to $200,000. This also means hackers will get rewards for finding vulnerabilities on the testnet.

Besides, rewards will be according to the level of severity of the threat.

2 – Receives CySEC Approval

Secondly, renowned cryptocurrency exchange platform now has regulatory approval from the Cyprus Security and Exchange Commission (CySEC).

This is an impressive milestone that boosts’s growth in Europe. It also makes it possible for them to comply with local regulations while offering their products to customers in Cyprus.

3 – Cronos Chain Enters Partnership with Moralis

Thirdly, Cronos is working with Web3 development platform Moralis to launch a metaverse gaming hackathon. Developers can start registering. It’s also a chance for them to get a top opportunity in Web3 game development.

Notably, there is over $100,000 available in prizes. Also, the top three groups will get rewards of $30,000, $20,000, and $10,000 for 1st, 2nd, and 3rd place. There will also be other prizes.

4 – Top Weekly Gainers on Cronos Chain

Finally, we will cover the top weekly gainers on the Cronos Chain ecosystem. The CoinGecko report is as follows:

  • Cronos Football Club ($GOAL), a R2E (Risk-to-Earn) game, has an impressive performance in the top spot. It has a 211.6% gain during the week.
  • V3S Share ($VSHARE), a multi algorithmic tokens protocol, also has a top performance in second position. It amassed a 71.4% gain within the week.
  • Crodex ($CRX), a decentralized launchpad that offers staking rewards, is third on the list. It has a 57.2% gain within the specified time frame.
  • Tectonic ($TONIC), a cross-chain money market, is fourth on the chart. It also has a 44.2% gain within the week.

$CRO Coin Price Analysis

As of the time of publication, Cronos price was $0.122307 with a 24-hour trading volume of $12,436,576. CRO price also rose by 2.5% over the last 24 hours. Besides, it has a circulating supply of 25.2 billion CRO coins as well as a total supply of 30.2 billion.

⬆️Moreover, for more cryptocurrency news, check out the Altcoin Buzz YouTube channel.

⬆️Above all, if you want to find the most undervalued gems, up-to-date research, and NFT buys with Altcoin Buzz Access. Join us for $99 per month now.


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.