The latest developments in the crypto industry are getting a lot of attention nowadays. The community is quite optimistic about the future growth of the burgeoning market. This week has witnessed several developments in this respect. A few of the significant updates that took place this week are discussed below.
Ankr Partners with Mirage for Redefining the Web3 Gaming’s Future
Ankr, a well-known entity responsible for providing Web3-related infrastructure, recently declared a strategic collaboration with a prominent Web3 gaming entity named Mirage. The respective collaboration is considered to be very fruitful. With this partnership, Mirage will get a groundbreaking technological arsenal provided by Ankr, taking into account blockchain-based API and RPC connections.
Josh Neuroth, the Head of Product at Ankr said that the respective partnership will explore the shared vision of both the companies. Moreover, the gaming SDK of Ankr offers the transformative capability to Mirage for the integration of Web3-related functionalities. Mirage’s CEO Kyle Smith stated that the collaboration will bring about a revolution.
Puppynet Testnet of Shiba Inu Reaches New Heights with 11M Transfers Before Mainnet Launch
Puppynet, the local test network of Shibarium network that operates under Shiba Inu has recently reached a milestone of more than 11M transfers. The respective spike plays the role of a promising sign of increasing progress at a time when the platform is endeavouring to get ready for the mainnet launch that is planned to take place in the coming months. The upcoming release is considered to have the potential to fortify the mandatory characteristics of Shiba Inu.
OKX Wallet Offers Trading of BRC-20 on the Marketplace of Ordinals
Recently, OKX Wallet announced that the platform will activate the trading of the BRC-20 tokens on its marketplace for Ordinals. With this, it will become the sole multi-chain wallet offering this trading. The marketplace for Ordinals has been structured to let consumers access real-time data to actively take part in the present token sales. Apart from that, the company also enables customers to buy digital coins that have accomplished sales.
CBDC Trial in Brazil Allures Participation from Microsoft and Visa
In the next pilot project of the Brazil-based Central Bank for central bank digital currency (CBDC), international and local corporations are taking great interest. The start of inclusion of the participants in the respective project is scheduled to start by June’s mid. The conclusive list of members for the upcoming pilot CBDC project was released on the 24th of this month. the prominent participants take into account Microsoft and Visa. The present phase of the project deals with testing the programmability as well as privacy.
Alchemy Pay Offers More Support for Australia and New Zealand-based Fiat Currencies
The well-known payment company Alchemy Pay has recently revealed its efforts to enhance support for Australia and New Zealand-based fiat currencies. Hence, AUD and NZD will be supported by the company. This remarkable update is deemed significant for wide crypto adoption. Currently, the payment giant supports POLi and PayID. These services are provided in New Zealand and Australia. In addition to this, the company is credited for offering services in up to 173 regions.
Gulf Binance Project of Crypto Exchange Binance Gets Regulatory Authorization in Thailand for Combined Venture
Binance, the famous crypto exchange, has announced that the Thailand-based regulatory has provided it the license for its joint venture called Gulf Binance. The project comprises a platform developed by a collaboration between Binance and a Thailand-based entity Gulf. The latest platform is anticipated to be launched in the jurisdiction of the country in 2023’s last quarter. The reports have pointed out that, due to this regulatory approval, Gulf Binance can run within the region to provide its services legitimately.