Cryptocurrency News
Algorand Foundation Announces $10 Million Dev Tooling SupraGrant
What is Dev Tooling Suite? The Developer experience is a crucial part of the blockchain ecosystem. Developers need to be provided with exceptional experience to construct and stabilize blockchain applications that are a key component of the Software Development Life cycle (SDLC). To reinforce this, Algorand Foundation is pioneering an…
Read More »St. Maarten Legalizes Crypto; BCH Front-Runner in the Race
Last year, El Salvador expressed plans to build bitcoin with the hope of nurturing a crypto-economy within the country. Following this lead, another country has considered legalizing cryptocurrencies. A St. Maarten lawmaker Roland Brison shared that the country is seriously considering legalizing cryptocurrencies, and to everyone’s surprise, it could be…
Read More »Fantom Trades Lower; Is It a Right Time to Buy FTM?
Fantom is a network of blockchains that provides the users with unique functions that increase scalability, speed, and effectiveness. It is a DAG-based layer-1 blockchain network that provides users with facilities like minting, trading, lending, borrowing digital assets, and much more. It also solves many other blockchain-related issues, such as…
Read More »ACE Programme: Higher Education and Research Initiative Attracts Proposals
The Algorand Centres of Excellence (ACE) project got 77 proposals from 46 countries, bringing participants to almost 550. The ACE program is a ground-breaking initiative to have a long-term positive impact in the blockchain and cryptocurrency space. The map below depicts the geographic distribution of participants across all submitted applications.…
Read More »Polkadot Will Rebound as the Number of Parachains on Its Platform Grows
The new year has not proven any better for the DOT as it still continues the downslide from the final days of 2021. DOT has already lost as much as 50% from the all-time high price since last November. However, the recent thesis for its market changes claims that the…
Read More »Why Is Vechain (VET) So Unique in the Market?
What Is Vechain (VET)? VeChain is a blockchain platform designed for corporate use to handle both private and mass-market decentralized applications (DApps). The platform was formed in 2015 and has since developed to become one of the most well-established enterprise-focused blockchain platforms, with a market valuation of $11 billion at…
Read More »Stellar Development Foundation Launches New Account Model, How Users Will Benefit
The SDF or Stellar Development Foundation recently announced a model named Muxed. The model removes friction and helps in having user interaction on the network. Besides this, it provides many services, making it important for the development of the whole ecosystem. As per a post, the account combines GABC and…
Read More »Ethereum NFTs to Rule 2022 as Well
2021 was the year of NFTs, and no one can deny it. The fact that Ethereum-based NFTs amassed over 20 billion dollars last year shows their dominance. However, even with a new year, the demand for non-fungible tokens is not dying. With NFTs offering ownership proof of digital items, such…
Read More »Prager Metis Sets up the First CPA Firm in the Metaverse
The world of technology has looked more interested in the metaverse concept recently. And the re-christening of Facebook as Meta a few months ago added more craze to this innovative concept. Just as the firms are exploring the real-world utilities of the metaverse, Prager Matis has officially stepped into the…
Read More »Polygon Co-founder Weighs in on the Smart Contracts’ Debate
What is the role of heavyweight marketing in the decentralized cryptosystem? As per Sandeep Nailwal, who is the co-founder of Polygon, it plays a leading role. Poly want a contest While Web3 users may consider Solana to be the second-most utilized smart contracts platform, the ‘daily active users’ statistics indicated…
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