ALGO


Markets

Bitcoin Seesaws Back Under $26K After CPI, as Investors Await Fed Rate Hike Decision

The U.S. central bank now seems increasingly likely to suspend its more than year-long campaign of interest rate hikes. An analyst flags recessionary concerns in a note to CoinDesk.

Bitcoin weekly chart (CoinDesk)

Finance

Investing Platform eToro to Delist 4 Cryptocurrencies for U.S. Users Next Month

eToro cited "recent developments" as the reason for the move, referring to the SEC's legal action against Coinbase and Binance and the regulator labelling certain cryptocurrencies as securities.

EToro and its SPAC partner mutually agreed to call off a planned takeover. (eToro)

Markets

Algorand Rises After Italy Selects Blockchain Protocol for Digital Guarantees Platform

The new platform is expected to become operational in early 2023.

Algorand Foundation has declared a $35 million exposure to beleaguered crypto lender Hodlnaut. (DRL)

Videos

What Makes Algorand One of the Hottest Proof-of-Stake Smart Contract Platforms This Year?

Sean Ford, COO of proof-of-stake smart contract platform Algorand, which is up 555% year-to-date, shares insights into Algorand's architecture and mission to "build and innovate high performing technology" following Tuesday's network failure on Solana. He discusses Algorand's key differentiators from its competitors, its role in El Salvador's Bitcoin Law, as well as the price action of ALGO. Plus, he discusses the Algorand Foundation's recently launched $300 million DeFi innovation fund.

Recent Videos

Videos

Algorand Foundation Launches $300M DeFi Innovation Fund

The Algorand Foundation has launched a 150 million ALGO (US$300 million) fund to support innovation in decentralized finance (DeFi) applications such as exchanges, money markets and NFT platforms on the Algorand network. “The Hash” squad discusses the details and implications for the larger ​DeFi landscape.

CoinDesk placeholder image

Markets

AssetBlock Launches Tokenized Property Trading on Algorand Blockchain

Real estate startup AssetBlock has launched a new platform for trading commercial properties linked to tokens on the Algorand blockchain.

(ChameleonsEye/Shutterstock)

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