The Algorand Foundation has awarded Applied Blockchain a grant to develop the London Bridge, a trustless bridge that will connect Algorand with Ethereum. In a press release shared with CryptoSlate, the Foundation said that the bridge will also enable Algorand’s integration with other blockchain networks and provide a significant influx of liquidity to the growing…
The following is a guest post from Sebastian Quinn, the co-founder of Yieldly. While some have come close, none have quite managed to overthrow the incumbent — neither in user adoption nor market share. However, as time goes on and scalability and efficiency qualms grow stronger, so too do Ethereum’s contenders. When it comes to…
Top drone racing league taps Algorand (ALGO) for crypto, NFT initiatives Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Algorand › Adoption Merging blockchain with drone racing is a bullseye for the league’s “tech-setter” fans, who are early adopters, open-minded to new forms of entertainment, and…
As part of efforts aimed at expanding its growing dive into the crypto world, SkyBridge Capital’s Anthony Scaramucci has secured a new blockchain partnership with trading platform NAX and high-speed blockchain project Algorand. SkyBridge + NAX Partnership Together the two groups would kick off by trying to raise funds in a series of fundraising. The…
Algorand Foundation Launches $300 Million Fund to Support DeFi Innovation Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Algorand › Technology The fund will fuel the growth of decentralized exchanges, money markets, options markets, synthetic asset applications, and NFT platforms, all running on the best blockchain…
The high-speed blockchain will be used to power an upcoming platform that connects investors with music artists. Turning to Algorand The Algorand blockchain will be utilized on Opulous, an upcoming music service and payments protocol, CryptoSlate learned in a release today. Opulous is a peer-to-peer platform to help increase artists’ access to capital without the…
Over the past three days, both Bitcoin and Ethereum have entered a holding pattern. For BTC, this has meant consolidation between $39,000 and $42,000. For ETH, this has meant consolidation between $1,100 and $1,250. While some fear that this consolidation is indicative of an impending market top, altcoins have begun to break higher, with BTC…
A new partnership sees the Algorand blockchain being deployed for a large institutional client. Algorand’s institutional partner Algorand, a high-speed blockchain that powering secure and efficient frictionless exchange, has onboarded Instimatch Global,a digital platform for institutional short-term money market trading, as per a release shared with CryptoSlate. Instimatch processes hundreds of billions of dollars in…