Algorand is getting a bridge to Ethereum

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…

DeFi starts year strongly, TVL rises by 4%

Towards the end of last year, the total value of assets locked in decentralized finance plunged to around $230 billion. However, since that low, the space has seen a steady rise of up to 12% in its TVL, with the first four days of this new year accounting for 4% of the rise — an…

If you are hodling Cardano, SUSHI and UNI you are most likely in loss

There is no denying the fact that the crypto industry is currently bleeding as the market cap of the industry which recently touched a high of over $3 trillion is now barely above the $2 trillion mark. This has had a ripple effect on the market and addresses holding a number of certain digital assets…

Scaramucci raises $100 million to invest in Algorand (ALGO) fund

Algorand (ALGO) is all set to get institutional custodian support via Copper Copper, a crypto custodian firm, has revealed that it will now be offering support to ALGO, the token of Algorand blockchain, and its other product, better known as Algorand Standard Assets (ASAs). 2 min read →