Shapeshift airdrops to a million people, AXIE Moons & the Metaverse emerges – A Crypto Market Update
Andy Pickering is here with a weekly crypto market update where we look through the volatile world of crypto Twitter to tease out the most important narratives and data points. This week we look at Shapeshift’s announcement that it will decentralize and give FOX tokens away in an airdrop to a million users. Plus what’s behind the AXIE Infinity blockchain game boom, and more signs of the emerging Metaverse...
XRP is now available on Shapeshift
On Tuesday, May 19th it was announced that the XRP (XRP) digital payment asset is now on the Shapeshift digital token exchange platform. Shapeshift users can now send, receive, and trade on the platform directly using Keepkey hardware wallets.
Portis acquired by crypto trading platform Shapeshift
The well-established crypto trading platform, Shapeshift, has acquired Portis, a non-custodial wallet solution.
Regulators give nod to non-custodial exchanges
A new statement from the SEC and FINRA suggests that non-custodial exchanges may have a headstart when it comes to navigating regulatory issues.
ShapeShift volumes surge as demand for Ethereum explodes
Erik Voorhees launched [ShapeShift](https://shapeshift.io/) in March of 2015, and secured over [US$2 million in venture capital funding](https://shapeshift.io/site/blog/2015/12/31/shapeshift-year-review-looking-back-2015) from prominent digital currency firms and investors including Roger Ver, Digital Currency Group and leading bitcoin exchange BitFinex.
