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“# Top 5 cryptocurrencies to watch this week: BTC, AAVE, KSM, ALGO, TFUEL ” Bitcoin’s (BTC) price continues to be range-bound between $30,000 and $40,000 level for the past few days, which is not necessarily a bearish sign. Generally, after a sharp fall, the price tends to consolidate as the asset transfers from weaker hands…
“# Arrington Capital to back Algorand projects with $100M growth fund ” Support for the Algorand ecosystem appears to be growing, with digital asset manager Arrington Capital earmarking $100 million for projects building on the smart-contract platform. The massive Arrington Algorand Growth Fund, or AAGF, has been designed to accelerate additional development across all facets…
“# VC firm Borderless Capital floats $25M blockchain fund in Miami ” Borderless Capital’s support for Algorand-based development has taken another incremental turn with the venture capital firm launching a new $25 million fund in Miami. In an announcement on Wednesday, the investment firm stated that the $25 million fund will focus on supporting blockchain…
“# Blockchain platform raises $12M to build JavaScript-like DApps ” Reach, a blockchain development platform for decentralized applications, has raised $12 million from investors to further its goals of simplifying the DApp creation process, the company announced on Wednesday. The latest funding round takes the total sum raised by Reach to $48 million as the…
“# Algorand pledges carbon-negative blockchain ” Smart contract platform Algorand plans to achieve a carbon-negative network by implementing a “sustainability oracle” in partnership with ClimateTrade, in a move that could make blockchain adoption more environmentally friendly. The partnership, which was announced Thursday, enables Algorand to notarize its on-chain carbon footprint and then lock the equivalent…
“# Vesta Equity and Algorand breathe new life into real estate tokenization ” Global equity marketplace Vesta Equity has chosen the Algorand blockchain to launch its new real estate tokenization services, disrupting a decades-old industry and opening up the possibility for homeowners to convert their equity into digital assets. Under the new partnership, Vesta will…
“# Nifty News: Italian copyright agency mints 4M NFTs, breast cancer LINK found, and more ” Italian copyright collecting agency Società Italiana degli Autori ed Editori, SIAE, has minted more than four million NFTs on the Algorand blockchain to digitally represent the rights of more than 95,000 authors. The partnership between SIAE and Algorand started…
“# Ethereum fees are skyrocketing — But traders have alternatives ” With the rapid growth of decentralized finance, upcoming scaling developments on Ethereum 2.0, and increased crypto allocation in the portfolios of institutions, the price of Ether (ETH) is rapidly ascending. In fact, we’ve already seen ETH break the $2,000 barrier for the first time,…
“# Stablecoin adoption and pivot to DeFi drive Algorand (ALGO) price higher ” In the past few months cryptocurrencies have become a frequent topic of discussion among the mainstream media and traditional investors partially because of the Bitcoin evangelism of well-known influencers like Elon Musk, Mark Cuban and Michael Saylor. One platform that has benefited…
“# Algorand names 11 blockchain startups for its first accelerator program ” The Algorand Foundation, the research body behind smart contract protocol Algorand, has selected 11 startups for its inaugural accelerator program, a move that could enhance innovation on the emerging blockchain network. The 11 startups selected by Algorand Europe Accelerator are focused on payments…