Top crypto news July week 1

The entire crypto space is still in the red zone. The ‘king crypto’ Bitcoin is down by 11% over the last 7 days and is currently trading at $19,161. This article is a compilation of some of the upcoming crypto events set to take place this week.

Furthermore, this article helps to keep readers abreast of upcoming events. Some of these forthcoming crypto events include product launches, airdrops, updates, testnet launches, etc. Let’s find out some more upcoming crypto events.

1. Origin Protocol OGN Snapshot Window

Origin Protocol is known for its record-breaking NFT sales and is ready to launch its OGV airdrop. The airdrop will take place after the OGN snapshot window from July 5 – 12, 2022.

Interestingly, many top crypto firms like have listed support for Origin Protocol (OGN) and its upcoming OGV airdrop. Therefore, to take part in it, users should hold at least 1 OGN token in their App or account.

Note: The OGV token is a new ERC-20 token for the Origin Protocol ecosystem. It will also function as the new governance token for the Origin Dollar (OUSD).

2. GMX Frontend Updates

Decentralized perpetual exchange GMX reveals some strategic updates set to launch on its Frontend. One major update is the splitting of the GMX informational website.

Also, these updates will go live on July 6, 2022. Users will also receive more information about the updates soon. Moreover, GMX facilitates the decentralized perpetual trading of top cryptos like Bitcoin (BTC), Ethereum (ETH), Avalanche (AVAX), etc.

3. ChangeNOW Wallet Adds Support For ZEC and DASH

Top crypto wallet reveals plans to support ZEC and DASH tokens. In line with this, the integration of both ZEC and DASH tokens to the NOW wallet is currently underway. According to reports, the integration is set to be complete on July 6th, 2022.

NOW wallet users can easily store, send and receive both DASH and ZEC tokens. They will also be able to seamlessly carry out fiat-to-crypto (DASH and ZEC) transactions using the ChangeNOW wallet.

4. WAX Blockchain NFT Series

Wax blockchain will support the launch of the new hot wheels NFT series. The series will include 50 new car collectibles. From July 7th, 2022, users will be able to receive the 50 new car NFT series in five (5) rarities.

The NFT wheels series will be in 5 rarities namely;

  • Base – with a 67.11% chance
  • Rare – has a 28.64% chance
  • Premium – a 3.58% chance
  • NFTH – a 0.56% chance, and
  • Lastly, Show Room – with a 0.11% chance

Notably, people can also start purchasing the NFT packs on July 7th, 2022.

5. PembRock Finance Farming Testnet Launch

Finally, PembRock Finance is set to launch its farming testnet. In addition, the launch will take place on Monday, July 4th, 2022. It will also include the addition of important features like Lending, Farming, etc.

Also, PembRock is known as the first and only leveraged yield farming platform on the NEAR protocol.

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

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