top crypto news june week 1

Binance is set to list Terra (LUNA) tokens and Animalia’s upcoming crowdfunding event on Decubate. These are some of the top upcoming crypto events expected in this new week. The entire cryptocurrency ecosystem has been in the red zone.

The ‘King Crypto’, Bitcoin, is currently up by 1.2% in the last 24 hours and is trading at $30,716,65. Ethereum, on the other hand, is currently trading at $1,908.78 which decreased its value by a 6.7% drop in price over the last 7 days. This week’s upcoming crypto events include strategic partnerships, listings, updates, etc. Let’s find out some more top upcoming crypto events.

1. New Kava Developer Incentive Program

Kava has recently launched an incentive program for developers with a $750 million fund. This will help developers develop more protocols in NFT, DeFi, and P2E gaming. According to the program, to achieve this, devs need to:

  • Complete the Kava Rise Registration form
  • Deploy the project’s smart contract to the Kava Ethereum Co-chain.
  • Ensure that the project deployment is properly registered with DeFiLlama.


2) IoTeX Mainnet v.1.8 Launch

The decentralized technology platform, IoTeX, is looking forward to the official launch of its mainnet v.1.8. The mainnet launch will bring to life several important updates to the IoTeX ecosystem. Some of these updates include:

  • Modified peer-to-peer (P2P) features
  • Staking on Metamask with Web 3.0 tools
  • Strategic API improvements, etc.

The mainnet launch will take place at block height 17,662,681. This block height is expected on May 30th, at about 11 pm (UTC). Lastly, IoTeX is known as the link between the real world and the Metaverse (Web 3.0).

3. DeFiChain (DFI) New Reward Scheme

DeFi for Bitcoin platform, DeFiChain (DFI) now has a new reward scheme. The new reward scheme closely follows the launch of several new tickers on DeFiChain. Some of these tickers include; $dCS, $dGSG, $dSAP, and $dURA.

Following the launch of these tickers, it is, therefore, necessary to launch a new reward scheme. According to the announcement, block rewards will also be revamped. Interestingly, the new reward distribution will commence on May 30, 2022, at block height 1,927,200.

4. Electra Protocol Partnership

Several exciting updates on the decentralized, open-source crypto project, Electra Protocol. In this new week, Electra protocol plans to enter into a gaming partnership. The gaming partnership is a major update for the entire Electra ecosystem.

5. Binance to List Terra ($LUNA)

Amidst the crisis of the Terra (LUNA) ecosystem, Binance discloses plans to list Terra (LUNA) in its innovation zone. Supported trading pairs for the listing include LUNA/USDT and LUNA/BUSD. Also, the listing will take place on May 31st, 2022, at 6 am (UTC).

Binance innovation zone is a unique trading zone where trading of new tokens with higher volatility risk takes place.

6. Animalia Crowdfunding on Decubate

Independent free-to-play, NFT card game Animalia is set to launch its crowdfunding event on Decubate. Powered by Binance Chain, Animalia also features crypto-inspired meme creatures and gemstones. Players can also collect rare cards, design and create their own NFTs, build their deck, battle with other players, etc.

Moreover, according to the announcement, the crowdfunding event will take place on May 31st, 2022, at a token price of 0.08 BUSD. Also, the total allocation for the event is 20,000 BUSD.

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The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. This article has been sponsored by Kava. Copyright Altcoin Buzz Pte Ltd.


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