The cryptocurrency market has continued to make lateral trading movements. Bitcoin is currently still trading in the $46,000 price range. Ethereum, on the other hand, is also currently trading at $3,853.47.

In the meantime, the top crypto news for today includes strategic partnerships, amongst other important updates. The entire crypto market currently has a market cap of $2,252,717,466,494 and a 24-hour trading volume of $95,554,157,186. Bitcoin, on one hand, has a dominance of 39.4%, and ETH has a dominance of 20.4%.

Let’s find out some interesting crypto news for today.

1. Velas Blockchain Joins The Space Race

First, arguably the world’s fastest EVM blockchain Velas Blockchain has announced a strategic partnership with SpaceChain. Thanks to the partnership, Velas is now a part of the popular space race. Alongside other pioneers of the space sector, Velas will contribute towards better immutability and security. The blockchain will also enjoy more use cases and also more awareness and adoption.

2. DFinity Foundation $215M Grant

Major contributor to the Internet Computer, DFinity Foundation has announced the launch of a $215 million grant. In fact, the grant is aimed at facilitating growth and development in the developer ecosystem. With the grants, developers will be able to launch dapps on the Web blockchain. Interestingly, more than 115 groups have profited from the grant.

Also, it is important to note that DFinity Foundation is a major supporter of the Web 3.0 ecosystem.

3. DAO Maker Unveils PUBLIC SHOs

SaaS solutions platform DAO Maker recently announced the introduction of its PUBLIC SHOs. According to DAO Maker, PUBLIC SHOs will provide upcoming projects with top-notch fundraising opportunities.

DAO Maker is a well-known launchpad platform. According to reports, over 6,000 participants and $160 million worth of assets take part in each sale event. DAO Maker expects a 10x increase in these figures with its PUBLIC SHOs.

4. Major Upcoming Updates on Lossless

The world’s first-ever DeFi hack mitigation tool Lossless has released some details of its 2022 roadmap. According to Lossless, major updates like its

  • Core Protocol launch
  • Hack monitoring SDK
  • Updates on its platform are expected in Q1 of 2022.

In Q2 of 2022, Lossless will launch its

  • Token minter updates, and
  • Wrapped major ERC-20 token (L-BTC, L-ETH).

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Lastly, For more cryptocurrency news, check out the Altcoin Buzz YouTube channel.


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