This Week in Signal Teams — Litecoin, IOTA, Basic Attention Token
Every week we comb through hundreds of FTX Signals to bring you the most significant team updates with brief analyses to help you understand the latest developments in blockchain.
Macro Crypto News This Week
- Fidelity is launching Bitcoin trading for retail customers in November
- KPMG expects developing nations to keep adopting BTC as legal tender
- DBS aims to expand Bitcoin and crypto services to 300,000 new clients
- Russian central bank to legalize the use of crypto in international trade
- Crypto-friendly politician Liz Truss is the new Prime Minister of the UK
Top FTX Signals This Week
- Litecoin Now Available at Over 10,000 Coinme Kiosks
- IOTA Smart Contracts 0.3.0 is Stardust Ready with Extended EVM
- Brave Integration Deepens Support for Unstoppable Domains
Litecoin Now Available at Over 10,000 Coinme Kiosks
“Litecoin (LTC) is now available to buy with cash at over 10k Coinme-powered kiosks! Find a participating Coinstar location near you.”
— Jay Milla, Marketing Director
Summary
- Coinme now supports Litecoin (LTC) throughout its cash-to-crypto network, and this week only from September 5 to September 11, 2022, you can enter for a chance to win $5,000 in LTC.
- Coinme is the largest licensed cryptocurrency cash exchange in the U.S. now operating at thousands of grocery stores in 49 states.
Significance
This partnership will make Litecoin more accessible to new investors and make it more convenient to convert change to cryptocurrency.
Price at the time of FTX Signal: $60.34. View LTC on FTX.
IOTA Smart Contracts Release 0.3.0 is Stardust Ready with Extended EVM
“Releasing the first Stardust and Shimmer compatible version of IOTA Smart Contracts with extended EVM support, enhanced performance, mainnet compatibility and much MOAR. Roll up your sleeves and start testing now!”
— Thabata Dias, Social Media Manager
Summary
- IOTA Smart Contracts (ISC) version 0.3.0 is the first fully functional version of ISC that is compatible with the latest version of Hornet.
- This paves the way to mainnet support and interaction with the new native tokenization features introduced with the Stardust release of the Shimmer/IOTA protocol.
- This release adds new features like the full spectrum of Stardust ledger support, extended EVM support, improved reliability/recoverability, improved tooling, gas support, and many other improvements.
Significance
IOTA Smart Contracts is closer than ever to offering a compelling smart contract solution on top of IOTA and Shimmer, now ready to be trialed.
Price at the time of FTX Signal: $0.28. View IOTA on FTX.
Brave Integration Deepens Support for Unstoppable Domains
“Love Web3 but still host your website with a centralized provider? Now you can easily set up and deploy your own decentralized site on IPFS, using an NFT domain from Unstoppable Domains. Brave and UD are partnering to empower our users with their very own decentralized websites, made possible using NFT domains that resolve content hosted on IPFS.”
— Jennie T, Director of Community and Partnership
Summary
- Now, more than 2 million Unstoppable domains can now be used to display decentralized websites in Brave, a secure and privacy-centric browser that allows you to explore the Internet without being tracked.
- Through the Unstoppable Domains integration with Brave, creators can build decentralized content with a domain that they fully own and control — or explore the nearly 30,000 websites and counting that have been created using an Unstoppable domain.
- Domains like Sandy.nft and Brad.crypto function just like normal Web2 addresses, but are hosted on the InterPlanetary File System (IFPS), a decentralized, peer-to-peer network.
- Brave and Unstoppable Domains make launching a decentralized website easy, giving people an alternative to renting Web2 domains. Unstoppable domains are owned by the creators for life with no renewal fees, eliminating the risk of losing a domain because you forget to renew or because the registrar takes it away.
Significance
Brave and Unstoppable are giving more people the power to create content and explore the Internet without sacrificing privacy or their autonomy.
Price at the time of FTX Signal: $0.32. View BAT on FTX.
Quote of the Week:
“UK hopes to become the country of choice for the cryptocurrency industry.”
— UK Economic Secretary
Chart of the Week:
Only two months have a negative average monthly return for Bitcoin. These two months are now behind us and we are within two of the months that have historically generated the largest gains in the Bitcoin price.
Thanks for joining us and we look forward to bringing you our top FTX Signals again next week.
Jason Hamlin
Ecosystem Insights @ FTX
FTX Signal is a first-of-its-kind communications platform built exclusively for token teams to connect and engage with their communities. Over 1,000 token team CEOs and team leaders actively use the platform to provide relevant project updates directly to FTX’s 6 million+ users. Learn more.
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