Former Algorand CEO Steven Kokinos said he will stay on as a senior advisor and be involved in “key projects” related to scaling adoption until 2023. Blockchain protocol Algorand’s chief executive officer Steven Kokinos has announced he will be leaving his position to focus on projects related to scaling adoption.  In a Wednesday Twitter thread,...Continue Reading

Bitcoin and altcoins surged ahead of July 27’s FOMC meeting, but will the expected 75 basis point rate hike cap the current rally? United States equities and cryptocurrency markets are heading into the Federal Reserve’s interest rate decision on July 27 on a positive note. This suggests that the market participants believe the Fed will...Continue Reading

Tether reports that its total commercial paper exposure has been cut to $3.7 billion from $30 billion just one year ago. Major stablecoin issuer Tether has reiterated that the company plans to completely rid itself of commercial paper backing for its U.S.-dollar stablecoin USDT. In a blog post on Wednesday, Tether said it “holds no...Continue Reading

José Manuel Campa reportedly suggested the European Banking Authority may be unprepared for regulating the changes that come with a “very dynamic” crypto space. The chair of the European Banking Authority, or EBA, a European Union agency that regulates banking activities, has reportedly expressed concern that a dearth of talent experienced in the crypto space...Continue Reading

“Blockchain is decentralised and doesn’t obey any governments, so no embargo affects us there”, NFT artist Gabriel Bianchini explained. Cuba’s art market shut down completely during the pandemic, leading the community to turn to digital markets for survival. However, artists say that they remain censored due to the United States sanctions against Cuba, with US...Continue Reading

“NFTs can aid in the documentation of the creator community through smart contracts,” said Kushner. It’s been 40 years since the classic sci-fi adventure film Tron hit movie screens around the world. Produced by Donald Kushner and released by Walt Disney Productions, its highly original futuresque concept made history by revolutionizing the use of computer animation...Continue Reading

The company said that users have registered over 2.5 million nonfungible token domains through its platform so far. On Wednesday, nonfungible token (NFT) domains platform Unstoppable Domains announced that it closed a $65 million Series A funding round at a valuation of $1 billion.  Notable investors in the deal include Pantera Capital, Mayfield, Gaingels, Alchemy...Continue Reading

CME futures data combines with numbers from derivatives platforms to suggest that investors are getting less fearful. Bitcoin (BTC) traders may be nervous going into the Federal Reserve rate hike decision, but research suggests that the bulls are broadly gaining ground. In a fresh update on July 26, analytics firm Arcane Research flagged what it...Continue Reading

COIN could tumble to $21 in the next few months amid Coinbase’s insider trading allegations and weak technicals. Coinbase (COIN) stock bounced by 4.35% to $57 on July 27 after shedding roughly 20% over the past week. But more downside is likely despite the release of Coinbase’s first installment of the Bored Ape Yacht Club-featured movie...Continue Reading

Pangolin can offer DEX-as-a-service features to any Flare-based application that wants to incorporate direct token swaps into its user experience. Pangolin, a decentralized exchange (DEX) on the Avalanche network, will debut on the layer-1 blockchain Flare network. Flare is known for its interoperability solutions and Pangolin hopes to utilize the underlying technology to reach new...Continue Reading