#ecosystem
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Onyxcoin (XCN): An Overview of the Coin and Its Features
Onyxcoin (XCN) is a cryptocurrency that powers the Onyx ecosystem, tailored for the corporate sector. Initially introduced as an altcoin called Chain (CHN), it was rebranded to Onyxcoin in March 2022, coinciding with the launch of a new smart contract. 
Coinbase, the cryptocurrency exchange, has joined forces with Peoples Trust Company. This collaboration facilitates access to the Interac e-Transfers system, streamlining deposit and withdrawal processes for its Canadian user base.
What's more, they're gifting users a one-month free gateway into the Coinbase One subscription. This means no trade-related fees, amplified staking profits, and swift client support.
"Canada is well positioned to be a global leader in the cryptoeconomy thanks to the high levels of crypto awareness, a passionate local tech ecosystem, and the progress towards a strong regulatory framework," voiced Nana Murugesan, the International Development VP at Coinbase. 
Aptos Labs is set to work with Microsoft to infuse its blockchain products, including fresh developments, with artificial intelligence.
Aptos Assistant, a chatbot, is one such innovation that educates users about the Aptos ecosystem and assists developers in crafting smart contracts and decentralized apps.
A 15% rise in the APT token's value followed the announcement of the collaboration. Frax Finance: A Self-Sufficient DeFi Ecosystem
Frax Finance stands out as a DeFi platform that hosts its own decentralized stablecoins, an automated market maker, a lending platform, a cross-chain bridge, and native tokens. By the close of 2023, this ensemble will incorporate an L2 blockchain. For the time being, the Frax protocol is running on Ethereum. 
Justin Sun has purchased 5 million CRV from Curve founder Michael Egorov via OTC transactions at a price of $0.4. This move is set to marginally enhance Egorov’s position in FRAX.
Along with Justin, seven other addresses conducted OTC transactions with Michael Egorov at $0.4 per CRV.
Currently, CRV trades at $0.59.
Hopefully, the Curve founder can avert the liquidation of his position; otherwise, it could have a negative impact on a large number of protocols in the ecosystem. 
The rollout of Aerodrome, a low-fee token swap platform, has propelled Base's Total Value Locked (TVL) to a noteworthy $400 million. This milestone has not only allowed Base to outpace zkSync Era, which stands at $384 million, but also fueled a 56% TVL growth for Base in the past week alone. "The growth has been extraordinary and is a validation of our thesis that ecosystem native DEXs can win," said Alexander Cutler, co-founder of Aerodrome, 
Xterio, the gaming Web3 platform, has revealed its decision to create an independent ecosystem following OpenSea's refusal to charge author royalties on NFT resales.
This new initiative will support content creators through the launch of an NFT marketplace, exclusive tokens, a rewarding mechanism, and diverse affiliate programs.
Xterio's officials have said that the launch of this marketplace is imminent, expected within the following weeks. 
The immense wave of transactions and heightened user activity took Shibarium by surprise, causing some tech glitches, says Shytoshi Kusama, the co-founder of the Shiba Inu ecosystem.
He's also quick to debunk the rumors about funds getting stuck in the bridging contracts, terming it as pure FUD.
"Although we expected a very busy moment, we never expected THIS much traffic, instantly," reflects Shytoshi Kusama.
At its launch, the Shibarium team tackled a load of 160 million computational tasks in a span of about 30 minutes, while anticipating only 400 million within a month. Exploring Vulcan Forged (PYR): A Comprehensive Project Review
Vulcan Forged (PYR) stands as the native token of the blockchain-based game developer, trading hub, and dApps incubator, Vulcan Forged. Created in alliance with Polygon, it functions as the currency for all games and applications within the ecosystem. 
Kaiko Research’s data highlights reduced engagement in prominent tokens:
“AXS, the governance token of the Axie Infinity ecosystem is down more than 90% since early 2022 and SAND, MANA and GALA tokens have seen a a similar drop in value.”
Analysts point out that monetary incentives were a primary motivator for users, but these platforms faced challenges in maintaining their user base due to diminishing in-game rewards. WhiteBIT Mainnet Goes Live Today!
In just four years, crypto exchange WhiteBIT has made significant strides and numerous accomplishments. It has become the most successful cryptocurrency platform in Europe, underpinned by a robust and efficient ecosystem. But what visionary wouldn't dream of establishing their own blockchain network? The ECOMI Phenomenon: Collectibles Go Digital!
ECOMI's blockchain ecosystem and the VeVe app offer a novel approach to NFTs and digital trading. This piece dissects the platform's peculiarities, assessing the security and tokenomics features that distinguish it. Check out this insightful read to track the evolution of blockchain applications.