On the first day of the week, which started with the potential bankruptcy of Genesis, important partnership news came from altcoin projects such as IOTA and Celo.
IOTA partners with Zokyo for safer Web3 market
Focusing on the IoT space, IOTA has partnered with Zokyo, the audit firm that founded and finances DeFi and NFT companies. Their aim will be to secure and add value to IOTA-based projects. As part of the partnership, Zokyo will also bring its security services to Touchpoint Open Builders Program participants. The official announcement from IOTA is as follows:
We are excited to see Zokyo’s audit expertise in Touchpoint and the broader IOTA ecosystem. And that’s not all: we’re excited to announce that TangleSwap will be the first project building to be overseen by Zokyo on Shimmer in preparation for the anticipated launch a few days after the ShimmerEVM Mainnet launch.
[IOTAQuicktakes] Starting the week with a quick news recap:
📣 Welcome to #Touchpoint @ZOKYO_io
🏦 Shimmer x @CryptoFinanceAG
📹 @blockbytescom Beyond the Block episode w/ @DomSchiener🔗 Links are in the thread👇 pic.twitter.com/PK0tCDuI2E
— IOTA (@iota) November 14, 2022
Ethereum software firm ConsenSys will work with this altcoin
Mobile-first Blockchain Celo is collaborating with Ethereum software firm ConsenSys, which helped engineer Merge. Accordingly, the agreement will enable Celo to use ConsenSys’ Infura infrastructure. In particular, Celo developers will be able to build with Infura, which will help make the Blockchain more scalable. Developers will also be able to deploy Ethereum-based dapps built with Truffle. Truffle is a development environment where Ethereum smart contracts can be tested.
ICYMI, the Celo Foundation joined @consensys, @all_infra, and key partners to launch the Ethereum Climate Platform (ECP) last week. https://t.co/wYJQKvfGpc
— Celo (@CeloOrg) November 21, 2022
Xochitl Cazador, Celo’s head of ecosystem growth, said developers will be able to use Infura’s tools to communicate with Celo. The integration will also allow developers to transact between Celo and other DeFi platforms and dapps. Additionally, the partnership is slated to launch Celo’s compatibility with MetaMask, a popular Ethereum-based wallet. Celo will also join the Ethereum Climate Platform, which ConsenSys launched last week.
In January, Celo introduced cREAL, a stablecoin pegged to Brazil’s local currency, the real. Meanwhile, ConsenSys announced that over 350,000 developers used Infura Infrastructure last year. Notably, Polygon, an Ethereum scaling project, also started supporting Infura tools in 2021.
Coinbase shared listing plan for these 2 altcoins
The US centralized cryptocurrency exchange announced that it plans to list Benqi (QI) and Kava (KAVA) in a new announcement today. cryptocoin.com As you follow, similar news of the stock market caused rallies of over 100% before. The general announcement was ineffective this time around when Bitcoin broke $16,000. Currently, KAVA is trading in the green around 0.22% despite the market-wide decline. QI, on the other hand, managed to rise around 6%.
https://twitter.com/CoinbaseAssets/status/1594722232547630086
