Daily Crypto News December 20, 2021: Top 3 Crypto Updates For Today

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2021 was a year when blockchain networks worked tirelessly on their developments. Polkadot has taken a new step in its journey towards full interoperability. It recently launched its first set of parachains on the blockchain platform. Read about it in detail below.

NFTs get a lot of attention, especially in the second half of the year. With so many big names entering the NFT space, another new name has been added to the list. Tech Mahindra is set to build its own NFT Marketplace with Vodafone ready to sell the very first post in the form of NFT. Are you a crazy NFT fan? Learn more about this in detail below.

Uniswap announced in a Tweet that it was ready to deploy its V3 smart contracts on Polygon. With 72 million votes in favor of the decision, it was evident that a large number of UNI holders want the deployment to take place on Polygon.

Quick summary of crypto news!

Daily Crypto News December 20, 2021 The first set of Polkadot parachaines goes into service with more than $ 3.5 billion

The Polkadot ecosystem has taken a new step in its journey towards full interoperability. It recently launched its first set of parachains on the blockchain platform. According to the official announcement, the five projects that have been leased at a parallel location to Polkadot are Moonbeam, Acala, Astar, Parallel Finance and Clover. These projects focus on different areas including DeFi, DApps development and other use cases.

The parachain auctions that began in November have seen many projects compete for the niche raised through DOT equity loans and stake them out to bid on parachain niches. Almost $ 3.5 million was raised under the DOT equity loan by just 10 participants.

Learn about the first set of Parachain versions of Polkadot in detail.

Source: Ambcrypto.com

Tech Mahindra Ready To Launch NFT Marketplace As Vodafone Auction World’s First Message

The NFT hype is getting real now. With India-based multinational tech company Tech Mahindra entering this NFT market, it’s obvious everyone wants to jump on the bandwagon. He decided to launch his NFT marketplace in a few weeks to monetize his progress within blockchain capabilities.

According to Vice President and Head of Corporate Blockchain and Cybersecurity Practice Rajesh Dhuddu, this marketplace will be a place for creators and celebrities to monetize their memories and rare digital art.

Learn more about Tech Mahindra’s NFT Marketplace in detail.

Source: Outlook India

Uniswap votes to deploy V3 smart contracts on Polygon

Scaling Solution Ethereum Polygon is gradually strengthening its grip on the DeFi ecosystem, with Uniswap members voting in favor of deploying Uniswap smart contracts on it. According to an announcement on Twitter, the third iteration of the decentralized automatic market maker, Uniswap V3 will be rolling out to Polygon very soon.

The process for the same started a month ago when a proposal for the same was raised on the decentralized exchange governance protocol. This motion was adopted with 72 million votes in favor and 503,009 votes against. The votes indicated that a large number of UNI holders want this to happen.

Learn more about the Uniswap V3 deployment on Polygon in detail and what it means for both networks.

Source: AMBcrypto

Crypto Market Trend December 20, 2021

Here’s a quick rundown of the top crypto winners and losers of the day.

Top 3 crypto winners

Cryptocurrency Price (No later than December 20, 2021) Ripple% Change (XRP) ₹ 71.24 7.07% Harmony (ONE) ₹ 17.93 6.1% Terra (LUNA) 630.01 8.22%

* Prices are no later than 11:30 am on December 20, 2021. *

Top 3 crypto losers

Cryptocurrency price (no later than December 20, 2021)% Curve Change (CRV) 327.94 7.18% Internet Computer (ICP) ₹ 1,736.02 7.72% Avalanche (AVAX) ₹ 8343.57 7.74%

* Prices are no later than 11:30 am on December 20, 2021. *

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