Algorand secures sponsorship deal for the FIFA World Cup
Algorand, one of the leading blockchain networks, has announced a partnership with the 2022 FIFA World Cup to be held in Qatar between November and December this year. Algorand is…
Two largest banks in Argentina set to start supporting cryptocurrencies
The two largest banks in Argentina, Banco Galicia and Brybank, have announced plans to allow their customers to make cryptocurrency purchases. Such endorsement could be a major turning point for…
Ethereum whales now hold 12% of Ether’s supply
Ethereum whales are exhibiting a pattern of consistent accumulation over the past two weeks. This is a trend reversal going by the past few months, where the price of ETH…
New York luxury fitness gym accepts cryptocurrency payments
A luxury fitness gym in New York, Equinox, has announced accepting cryptocurrencies for membership payments. The gym will support crypto payments through BitPay, a renowned crypto payment service provider. New…
The birth of ‘Ethereum Killers,’ can they take Ethereum’s throne?
The second-largest blockchain has developed a massive ecosystem around it. However, its scalability issues have made room for “ETH Killers” to enter the ring. Ethereum has proven to be a…
Cardano price drops to level that sparked a 65% ADA rally in March — will history repeat?
Strong ADA accumulation among whales is also in progress, according to on-chain data. Cardano (ADA) price has been rebounding after falling to the worst levels since February 2021. Meanwhile, a…
EU Commission report suggests rethink of regulatory approach to DeFi
The report highlights the DeFi’s potential for lower financial audit costs and substantial opportunities for financial integration across borders Analysts from the European Commission showed an unexpected understanding of how…
ApeCoin integrates with Polygon amid NFT mint backlash and speculation
ApeCoin DAO board member Yat Siu said that there is currently “no discussion” regarding an exclusive chain for APE. ApeCoin (APE) announced its integration with Ethereum (ETH) sidechain Polygon after…
Algorand (ALGO) Pumps 17% As Company Agrees On Blockchain Deal With FIFA For 2022 World Cup
FIFA and Algorand signed an agreement on Tuesday The deal involves sponsorship for the upcoming World Cup tournament in Qatar later this November Algorand will also help the football organization…
Crypto.com Updates CRO Card Yield Rates Following Community Uproar and 30% Token Tumble
Crypto.com released an update regarding its reward structure The exchange opted to reduce the reward rate rather than completely halt the program The decision comes a few hours after heavy…
VanEck enters metaverse with launch of NFT collection
VanEck Community NFT co-founder Matt Bartlett said that the tokens could serve as a type of digital membership card. VanEck, an investment firm with over $82 billion in assets under…
‘More likely’ BTC price will hit $100K before Bitcoin sweeps $30K lows, forecast says
Bitcoin bears could get their wish, but may have to endure the pain of a new all-time high first. Bitcoin (BTC) may not crash below $30,000 and instead jump to…
Hawaii Senate committees favor task force to regulate crypto, blockchain
The task force will submit findings and potential legislation back to the State Capitol — which involves providing a plan to expand blockchain adoption in both the private and public…
India Considering 20% Tax on DeFi on Top of 30% Tax on Gains
Reports have emerged saying that the Indian tax department is considering imposing an additional 20% tax deducted at source on DeFi, as well as an equalization levy. India already imposes…
Global Asset Manager Vaneck Launches Community NFT Project — 1,000 NFTs to Be Airdropped This Week
Vaneck, a global asset management firm with $85.5 billion in assets, is releasing 1,000 non-fungible tokens (NFTs) this week. “We’ve designed the Vaneck Community NFT to function like a digital…