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Algorand (ALGO) Price Rises More Than 8% In 24 Hours!


Algorand is a pure Proof of Stake blockchain that adds layer-1 State Proof to its main net protocol, which improves the speed and overall network performance. The upgrade also integrates new blockchain features in DeFi, NFTs, and Web 3 space. It has boosted the transaction speed five times and...

FTX Builds $1 billion War Chest to Buy up Distressed Crypto and other Assets


CEO and co-founder of major cryptocurrency exchange FTX Sam Bankman-Fried (SBF) has revealed that the company has built an estimated $1 billion war chest to continue deploying capital in order to bail out distressed crypto firms and buy their assets. ... Read More: FTX Builds $1 billion War Chest...

Ford Filed Trademark Applications for NFTs & Virtual Cars


The largest automaker in the US, Ford, recently surprised the industry by filing 19 trademark applications. The automobile giant followed Sony’s footsteps to enter the metaverse with an NFT marketplace, virtual cars, and more. Like Sony, the news was confirmed by Mike Kondoudis, the intellectual...

Sony Music Filing Trademark Application for Music Based NFTs


Sony Music recently filed a new trademark application under the Columbia Records logo. The music giant directly signaled toward using NFTs for artists and music. The company applied back in August to the USPTO (the United States Patent and Trademark Office) via Mike Kondoudis. The application...

Collaboration Between Social3 and Shardeum


The collaboration with Shardeum was revealed, and on their website, they have posted their present job positions. The very first EVM-based L1 in the globe, Shardeum utilizes sharding to enhance TPS with each new node added. They’re hiring right now: Engineer for DevOps and DevRel. With...

US Treasury Begins Public Consultation on How to Regulate Crypto


The US Department of Treasury is seeking public opinion on the “responsible development of digital assets.” Its questions focus on a variety of crypto-related aspects, including decentralized finance (DeFi), non-fungible tokens (NFTs), mixers, virtual asset service providers (VASPs), and...

Coinbase Tweaks Fees to ‘Account for Changes in Global Trading Volumes‘


U.S. crypto exchange Coinbase is updating its fee structure to adapt to what the company describes as “changes in global crypto trading volumes and asset prices”. The platform is lowering the monthly trading volume prerequisite to qualify for the mid and upper ties of its fee schedule, increasing...

16% of Americans have Invested, Traded or Used Cryptocurrency


A study conducted by Pew Research Center, a Washington DC-based non-partisan think tank, has found that approximately 16% of American adults have invested in, traded, or used cryptocurrency. In its report, Pew Research highlighted that the crypto market turmoil has taken its toll on this...

First Omnichain NFT Launchpad Live for Art & Music NFT


Omnisea recently announced its first-ever NFT Launchpad going live on the mainnet. The Omnichain NFT launchpad allows projects to access 500 million users across nine networks. Several cross-chain messaging protocols support the launchpad that will support art and music NFTs. According to Omnisea...

Bitcoin-Embracing El Salvador President’s Re-Election Declaration Slammed


Just over a year after overseeing El Salvador’s adoption of bitcoin, the Central American country’s 41-year-old president, Nayib Bukele, recently declared his intention serve another five-year term. The announcement has been criticized by some who have been quick to remind Bukele that...

South Korean Prosecutors Turn to Interpol for Help in Hunt for Do Kwon


Source: Screenshot/YouTube/Coinage South Korean prosecutors continue to turn up the heat on the Terraform Labs co-founder Do Kwon – and have asked Interpol to issue the man they now call a “fugitive” with a red notice. Newsis reported that the Seoul Southern District Prosecutor’s Office’s...

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