There Are Hot Developments in Binance, Bitcoin, XRP Coin and These 8 Altcoins! - Bithubi (2024)

Solana has launched the next generation of SPL token extensions. Binance gave users a deadline to convert their RUBs into other currencies. Alchemy Share and BakerySwap collaborated. Mysten Labs announced a new phase of collaboration with Alibaba Cloud. Amid market decline, XRP Coin whales are hoarding. And more!

There is news from Binance, Bitcoin, SOL, XRP Coin and these 7 altcoins…

Solana launches next-generation SPL token extension

Solana has launched next-generation SPL token extensions that provide native support for enterprise-level use cases without relying on third parties. Among these extensions, there are “hidden transfers” that protect user balances during transfers and hide process amounts. Additionally, there are wallets that allow token issuers to control interactions with their tokens. Moreover, there are “transfer hooks” that control how users interact with tokens.

Additionally, the extensions will provide the ability to get protocol-level pricing for processes. This opens up the possibility of using new business standards and use cases on Solana Blockchain. For example, it will be possible to use unknown transfers for on-chain salaries, B2B payments and financial administration. Transfer hooks will be used for KYC verification, token access control and copyright enforcement. Transfer prices can be used for perpetual royalties, issue prices and process prices.

Rari Foundation launches Layer3 Rari Chain main-net on Arbitrum

In a recent development, the Rari Foundation has launched the Rari Chain mainnet on Arbitrum. Rari Chain is an Arbitrum-based EVM compatible Blockchain. Its developers designed it to protect NFT royalty prices by placing them at the node level. This is a Layer 3 Blockchain. In other words, it improves the scalability and other features of Layer-2 Arbitrum to strengthen the NFT ecosystem. As you follow from Kriptokoin.com, Rari Chain’s test-net launched on November 30, 2023. Additionally, approximately 46,000 wallet addresses were added to test-net and approximately 251,000 transactions were made.

Binance announces Ruble deadline

Binance, the world’s largest crypto exchange, offered users to exchange their RUBs for other currencies. He gave a deadline of January 31, 2024 for this. Starting at 11:00 UTC on February 1, 2024, Binanace will automatically convert the remaining RUB balance in user accounts into FDUSD based on xe.com’s real-time exchange rate.

Ethereum client Geth releases version 1.13.11

Ethereum client Geth officially announced that it has released version 1.13.11. This version fixes some bugs. It also activates the Cancun upgrade for Sepolia and Holesky networks. In addition, it also increases the basis for EIP-4844 processes in API procedures. Sepolia will be upgraded on January 31st and Holesky will be upgraded on February 7th.

Grayscale transferred 19,200 BTC to exchanges

According to the statement of on-chain observer ai_9684xtpa, Grayscale transferred 19,236 BTC worth $ 769 million to Coinbase and five new addresses at an average price of $ 39,978.

OKX Ventures invested in Orbiter Finance

The investment arm of leading cryptocurrency exchange OKX announced that it has invested in Orbiter Finance. In this context, OKX Ventures shared the following announcement from its official X account:

We are excited to announce that we have made a leading investment in Orbiter Finance, a decentralized cross-L2 protocol currently undergoing artifact upgrades and beginning construction of a ZK-Tech based instant omni-rollup on Ethereum.

Alchemy Share and BakerySwap signed an agreement

Alchemy Share and BakerySwap, two leading players in the Blockchain ecosystem, collaborated. In this context, they announced that they have established a strategic partnership to facilitate cryptocurrency purchases and increase the accessibility of decentralized finance (DeFi) and NFT trading. Through this collaboration, BakerySwap will integrate Alchemy Pay’s fiat On-Ramp service. This will provide users with an easier way to buy crypto, including BakerySwap’s native token, BAKE.

BakerySwap is known for its comprehensive DeFi and NFT strategy, offering a wide range of services on various Blockchains, including BNB Chain, Ethereum, and Base. Encompassing AMM Dex, Liquidity Farming, Launchpad, NFT Swap and NFT Marketplace services, the platform becomes a multi-sided hub for crypto enthusiasts and traders.

MANTA’s premium in the Korean market increased by 3.4%

On the Bithumb exchange, MANTA is trading at a 3% premium compared to the overall market price. MANTA exceeded $ 3 in the stock market for a short time. According to Binance, MANTA is currently trading at $2.9 with a 24-hour increase of 31.1%. Currently, Manta Pacific TVL is the third largest Layer2 with $1.57 billion, after Arbitrum and Optimism. According to DexScreener data, Manta Pacific’s 24-hour on-chain transaction volume is 25.4 million dollars. Thus, Manta Pacific left Sui and Metis behind.

Mysten Labs announces partnership with Alibaba Cloud

Mysten Labs announced a new level of collaboration with Alibaba Cloud. In this way, it will launch a number of new services that support existing and new Move developers in the development of Sui. Among these services, there is also an artificial intelligence-supported development environment. It also includes mid-university education projects, community activities and translation of Move documents into Chinese and Korean.

XRP Coin whales are accumulating

After Bitvavo triggered seismic waves, $100 million worth of XRP Coin disappeared to a mysterious address. Thus, the price of XRP Coin rose above $0.5. Whale Alert uncovered a massive XRP Coin move from Bitvavo. The giant whale attracted 196.4 million XRP Coins with a total value of $101.5 million.