Today is an important day for the cryptocurrency community as there will be innovations for many altcoin projects. Here are the developments…
Today, this is important for altcoin projects
- Platypus Finance, a decentralized finance (DeFi) protocol for stablecoins, will reimburse users a minimum of 63% of the funds after it managed to recover some of the $9 million withdrawn from the protocol last week.
 - Decentralized protocol Affine has raised $5.1 million in a funding round led by Jump Crypto and Hack VC.
 - XRP Ledger (XRPL) and developers at Ripple development lab RippleX have proposed a new XRPL standard for a cross-chain bridge that will enable interoperability between different networks.
 - On-chain liquidity and derivatives trading protocol Synthetix has deployed version 3 (v3) on the Ethereum mainnet after security audits.
 

- On-chain analytics platform Nansen has released an update on what investors should look for before the Ethereum Shanghai update.
 - The SingularityNET (AGIX) team has marked March 2023 for beta testing of the Cardano staking portal.
 - CoinRabbit, a major crypto lending platform, has announced that it will support Shiba Inu’s Layer 2 solution, Shibarium.
 - Obol has released the world’s first Mainnet Ethereum distributed validator (DV).
 - Parallel Finance has announced the ability to issue loans without the need for liquidation on the Polkadot network.
 - Tesla CEO Elon Musk cryptocoin.comAs we have also reported, he commented on a post by Dogecoin co-founder Billy Markus, who is nicknamed “Shibetoshi Nakamoto” on Twitter.
 - Serenity Shield has partnered with Contentra Technologies.
 - Binance.US is delisting the KSHIB/USD pair today.
 - The ETHDenver 2023 conference starts today and will run until March 5.
 - Polkadot (DOT) will hold a question and answer event about governance.
 

- StakeCube lists Viacoin (VIA) with pairs of Bitcoin, BUSD and USDT.
 - BitMart lists Hamster (HAM) in USDT pair at 19 CET.
 - Electra Protocol (XEP) will hold a question and answer event over Telegram.
 - Oraichain (ORAI) will beta test it today.
 - Ultra (UOS) will take the screenshot for the closed beta keys today.
 - MEXC Global listed Zyberswap (ZYB) at 11 CEST with USDT pair.
 - DeFi Kingdoms (JEWEL) will hold a joint question and answer event with Pro Gamer DAO.
 - Flare (FLR) and SafePal (SFP) will hold a question and answer event on Twitter today at 15:00 CET.
 - Waves (WAVES) is holding a question and answer event on Youtube today.
 - Kryxivia Game (KXA) will hold a question and answer event on Twitter Spaces.
 - Telos (TLOS) will hold a question and answer event at TSI 19.
 - 1inch (1INCH) will hold a question and answer event on Discord.
 - Bitforex lists Giant Mammoth (GMMT) with USDT pair.
 - Dopex (DPX) is launching its Atlantic Straddles epoch today.
 - The statements that Coinbase is developing a layer-2 solution with Optimism partnership accidentally increased the price of Base Protocol (BASE).
 

- SushiSwap (SUSHI) has announced its goal to open a derivatives exchange on the Sei Network on the Cosmos network.
 - As the creator of Creepz, Overlord, announced a partnership with Spotify, the transaction volume of the Creepz NFT collection increased by 200 percent.
 - Gate.io lists Bone ShibaSwap (BONE).
 - COTI announced today that Djed has sent the second portion of its operational fees to the COTI treasury to distribute among users as staking rewards.
 - Magic Eden’s venture arm, Magic Eden Ventures, announced that it has invested in 11 web3 game studios.
 - Binance adds COCOS and KEY to its cross and isolated margin markets.
 - DeFi protocol MakerDAO, which manages stablecoin DAI, has proposed a new use case for its governance token MKR.
 - Chia Network, a blockchain and smart transaction platform, has announced its 2023 product roadmap.
 - Coinbase has launched an NFT called “Base, Introduced” through Zora, a platform focused on NFT minting.
 

- According to a recent study by Cryptomeister’s crypto experts, the Shiba Inu (SHIB) ranks fourth as the most sought-after cryptocurrency in the United States.
 - PlayStation recently caught the attention of the SHIB community when it mentioned the “Shiba Inu” in a tweet.
 - Offering rollup technology, Eclipse has announced plans to launch Polygon SVM, a layer 2 blockchain solution compatible with Polygon (MATIC) for Solana (SOL).
 - DeFi startup Huma Finance has raised $8.3 million in an initial round to build a revenue-based lending protocol.