Algofi to Shut Down Despite Belief in Algorand’s Technology Despite the developers’ belief in the strength of Algorand’s technology and novel consensus algorithm, Algofi, the borrowing and lending protocol built…
The latest figures from on-chain analytics firm Glassnode show that Bitcoin (BTC) held on exchanges is now back to its 2017 all-time high price. This indicates that less than 12%…
The Impact of a Bitcoin ETF on the Crypto Market Eric Balchunas, an ETF analyst at Bloomberg, recently speculated that the approval of a Bitcoin spot ETF by the U.S….
Near Protocol’s Treasury in Q2 2023 At the end of Q2 2023, Near Protocol’s treasury had declined to $900 million, largely due to a decrease in the price of NEAR…
Ethereum Layer-2 Scaling Solution: Linea Network The Ethereum ecosystem is now home to another layer-2 scaling solution as ConsenSys begins onboarding partners to its Linea network, which has produced impressive…
AI in the United States: A Senate Briefing As lawmakers continue to consider regulations for artificial intelligence (AI), the United States Senate will be briefed by the White House on…
Advancements in AI and Cross-Chain Protocols On July 11, tech giant Microsoft and cross-chain protocol Axelar announced a partnership to bridge public and private blockchains. The collaboration will see Axelar…
The MATIC price is up today, reflecting the general trend in the crypto market, which is currently valued at around $1.14 trillion. On July 11, the MATIC price rose 2.32%…
Exploiting Rodeo Finance On July 11, the decentralized finance (DeFi) protocol Rodeo Finance was exploited for $1.53 million using a code vulnerability in its Oracle. This led to a loss…
Stablecoins and China’s Digital Yuan China has taken a hard stance against decentralized cryptocurrencies, but Circle CEO Jeremy Allaire believes that stablecoins could help spur adoption of the country’s digital…
