[ad_1] Blockchain protocol Algorand (ALGO) has expanded its footprint in India by securing new partnerships with NASSCOM, India’s trade body and chamber of commerce for the tech industry, TiE Bangalore, a global venture supporting entrepreneurs, and the Mann Deshi Foundation which supports India’s first rural bank for women.
[ad_1] Table of Contents On Wednesday, November 29, the crypto market is experiencing a dynamic shift, thanks to the mixed signals from the U.S. Federal Reserve officials about interest rate trends. While Fed Governor Michelle Bowman hints at more rate hikes, Governor Christopher Waller thinks we might be at the right level already. This uncertainty … Read more
[ad_1] Zipmex, a Thai crypto exchange currently facing financial distress, has proposed a restructuring plan that includes paying its creditors a fraction of their original claims. According to Bloomberg, the exchange is offering its creditors “about 3.35 cents” on the dollar of their initial claims. This offer forms a key part of the company’s restructuring … Read more
[ad_1] Swiss asset manager Pando Asset seeks SEC approval for a spot Bitcoin ETF, a step towards integrating crypto into mainstream finance. Swiss asset manager Pando Asset has filed for approval of a spot Bitcoin ETF with the U.S. Securities and Exchange Commission (SEC). The proposed Pando Asset Spot Bitcoin Trust, if approved, would be … Read more
[ad_1] Digital-asset markets are heating up, especially for blockchain tokens. In this week’s Protocol issue, we highlight November’s 19% jump in the CoinDesk Smart Contract Platforms Index (SMT), the biggest gain in 10 months.
[ad_1] Table of Contents The cryptocurrency market is no stranger to the power of celebrity shout-outs. Take Dogecoin (DOGE) for example – it was just a mere meme coin until big names like Elon Musk and Snoop Dogg jumped on the bandwagon. Suddenly, it wasn’t so funny anymore when its price skyrocketed 10 times over … Read more
[ad_1] Botanix Labs has officially launched the first-ever fully decentralized Ethereum Virtual Machine (EVM) equivalent Layer 2 on Bitcoin, according to a press release sent to Bitcoin Magazine. This represents over a year of dedicated research and development by the team, with a focus on enhancing user experience. “We want to make it as easy as possible … Read more
[ad_1] Sei Labs introduced version 2 upgrades for its Sei L1 network which includes support for Ethereum Virtual Machine (EVM) by adding Geth, a popular Ethereum programming language. Layer-1 blockchain Sei plans to provide support for EVM which would allow developers to migrate existing Ethereum-powered smart contacts to the platform and build decentralized applications (dapps) … Read more
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[ad_1] Table of Contents In the burgeoning world of crypto, recent developments have sparked considerable interest. Former Twitter CEO Jack Dorsey has made a significant investment in OCEAN, a project aimed at decentralizing Bitcoin mining, which is the first-ever noncustodial mining pool, allowing miners to receive block rewards directly from Bitcoin itself. This action is … Read more