Dogecoin stole the limelight as two members belonging to the DOGE-backed Aliens basketball team win midseason awards as per the announcement.

Bill Lee, the founder of the self-custodial Dogecoin wallet- MyDoge, had teamed up with Aliens by purchasing all 25 ‘Fire’ tier NFTs in a bid to win the BIG3 championship trophy. Lee paid nearly 4.6 million DOGE.

The purchase of all 25 ‘Fire’ tier Aliens NFTs cost around $625,000, making the deal the ‘largest commercial transaction in the history of cryptocurrency.’

For those unfamiliar, Big3 is a 3-on-3 basketball league co-founded by rapper Ice Cube, whose real name is O’Shea Jackson, comprising of 12 teams. The team’s rosters consist of former NBA and international players.

Aliens also prominently wore Dogecoin on their team jerseys in their most recent matches. The latest win has definitely put the popular meme coin back in the public eye.

Dogecoin Hackathon Is Coming Soon?

In other news, Dogecoin’s Twitter account has recently retweeted a thread from Timothy Stebbing, the coin’s Foundation Director, where he asks if DOGE developers would be willing to participate in a Hackathon.

“Calling [email protected]_devs [and aspiring] in the doge ecosystem. I’m trying to get a feel for numbers/feasibility,” the tweet began.

He then posted two pools, one of which he asked if devs would participate for the prize or just for fun. Next, he wanted to know if participants are willing to travel to a certain destination, participate in person, mix with other devs and get to know each other.

No other details have been shared yet.

Meanwhile, co-founder Jackson Palmer has denounced video hosting giant YouTube in a recent tweet berating the latter for failing to crack down on Elon Musk-related scam live streams.

Dogecoin’s Co-Founder Slams YouTube For This

Palmer has managed to receive plenty of scam streams by simply searching the tech billionaire’s name. He then cited a theory where the real reason behind YouTube;’s failure to prevent the issue is that stopping Elon Musk’s scam streams would eventually cut down its ad revenue channels. “That’s just really disheartening if the case,” the Dogecoin co-creator lamented.

Dogecoin once again stole the show as two members of the DOGE-backed Aliens basketball team snapped up midseason awards. 

Dogecoin became part of the Big3 basketball league as Bill Lee, founding chairman of MyDoge, a self-custodial Dogecoin wallet, bought all 25 fire-tier editions of Aliens, a team in Big3.

Two members of @MyDogeOfficial #Dogecoin sponsored @thebig3 team Aliens won mid-season awards. @DeStephenS23 won Defensive Player of the Year and Rick Mahorn won Coach of the Year! Make sure to cheer them & @MrBullutproof on tomorrow at 3pm ET on @CBS!https://t.co/trdQJz0AqY pic.twitter.com/Rn5vOOMPVh

— Dogecoin (@dogecoin) July 16, 2022

The Big3 league decided to sell 25 fire-tier NFTs in April, which granted new owners control of the Killer 3s’ licensing, intellectual property (IP) and league-approved items.

As a result of the purchase, Big3 Aliens adopted Dogecoin, resulting in the integration of the MyDoge wallet, which allows players, coaches and teams to earn Dogecoin tips on Twitter with only a tweet. Aliens also prominently wore Dogecoin on their team jerseys in their most recent matches.

Dogecoin Core release launch nears

According to recent information shared on Twitter, the Dogecoin Core release 1.14.6 might launch soon as the release notes are currently in progress. The update hopes to include important security updates and changes to network efficiency.

Pupdate regarding #dogecoin Core release 1.14.6 https://t.co/5WHmC4KAx1

— Dogecoin Developers (@dogecoin_devs) July 16, 2022

The Core release is also meant to include fixes that harden node and network security and also change the recommended dust limit for all participants of the Dogecoin network from 1 DOGE to 0.01 DOGE.

With a very low block interval, Dogecoin aims to give users an inexpensive way to make transactions. A dust disincentive was introduced in 2014 to fight on-chain spam.

Dogecoin Core incorporates some defaults into the software to reflect the developers’ recommendations for fees and dust limits. These defaults, as of the time of release, represent the developers’ best estimate as to the parameters of these limits.

Transactions with outputs below the dust limit are rejected by the wallet, and if the change output drops below 0.01 DOGE, the wallet will discard the change and instead give it to miners as a fee. Once sufficient numbers of miners and relay nodes have embraced the recently added relay dust limits, the recommended dust limit is anticipated to be reduced in a subsequent release.