Algomint, Algorand’s Digital Asset Minter, Set To Arrive Q3 2021
In a press release this week, the team at Algorand has announced that Algomint, the “golden bridge to the Algorand DeFi ecosystem”, is coming to market in Q3 2021. The platform will bring liquidity and unlock further DeFi potential in the Algorand network. Algomint The Algomint platform will allow users to engage in investing, trading, […]
Related News
The recent trend for Polygon (MATIC) has followed a negative pattern, raising more concern within the industry. Within the midst of the 2022 extended cryptocurrency market correction, MATIC has a consistent bearish overview. From its value of $2.92 on December 27, 2021, the token has fallen by over 60%. Volatility remains one of the significant characteristics of cryptocurrency that has generated mixed opinions within the virtual space. It creates the basis on which the profitability of the assets stands. Also, it could form the foundation for the collapse of a previously growing project....
Algorand taps Europe as the second region for its blockchain accelerator program after Asia. The Algorand Foundation, the governance and research organization behind major blockchain platform Algorand, is launching a new accelerator program in Europe.Known as “Algorand Europe Accelerator,” the new program intends to support European developers and entrepreneurs looking to build applications on the Algorand platform.Announcing the news on Oct. 15, the Algorand Foundation told Cointelegraph that the new program will launch in collaboration with established Algorand’s investors, Eterna....
Algorand has increased its transaction speed, processing capacity and cross-chain functionality with a major upgrade. Pure proof-of-stake (PPoS) blockchain Algorand has introduced cross-chain communication and transaction speed improvements with the latest upgrade to its protocol.The layer-1 blockchain network announced the implementation of State Proofs to its mainnet, which introduces trustless communication between different blockchain protocols. The upgrade also increased Algorand’s processing speed from 1,200 to 6,000 transactions per second.The upgrade also includes the provision of....
Hong Kong-based 'curated' digital asset exchange Melotic has secured a $1.175m seed-funding round led by Ceyuan Ventures, with additional backing from Lightspeed China, Barry Silbert's Bitcoin Opportunity Corp, 500 Startups, and venture capitalist Marc Van Der Chijs. Melotic founder and CEO Jack Wang told CoinDesk the company will use the funds to expand both its team and operations. Melotic's goal is to "build a liquid multi-asset exchange to facilitate conversions between numerous digital assets". This includes altcoins, application-specific 'appcoins', asset-backed tokens, and other....
A recent purchase of 10,000 Antminer S-19s has placed Marathon Patent Group on-track to become North America’s largest Bitcoin mining firm by Q3 2021. Nevada-based cryptocurrency mining firm Marathon Patent Group has announced the purchase of 10,000 Antminer S-19 Pro ASICs as part of its plan to become the largest mining firm in North America.The publicly traded firm announced the purchase on Oct. 26, revealing plans to command an operational hash rate of 2.56 exahashes per second (EH/s) in July 2021 — equal to 1.9% of the current hashing power of the entire Bitcoin network.Marathon Patent....