Category: Blockchain

What is AlgoSwap? – Blockchain.News

AlgoSwap emerges as a novel decentralized exchange protocol on the Algorand blockchain, designed for high-speed, low-cost, and environmentally friendly crypto trading. As the decentralized finance (DeFi) landscape continues to expand, innovative platforms like AlgoSwap are revolutionizing how digital assets are exchanged. Developed by Hypotenuse Labs and supported by the Algorand Foundation, AlgoSwap is a work-in-progress protocol that encapsulates the ethos of DeFi by providing a secure and user-friendly decentralized exchange (DEX) on the Algorand blockchain. Introduction to AlgoSwap AlgoSwap is a decentralized Uniswap-like exchange meticulously tailored for Algorand Standard Assets…

Family Pleads for Clemency as Former FTX CEO Sam Bankman Faces Sentencing – Blockchain News, Opinion, TV and Jobs

By Enoch Mutembei As the sentencing date for Sam Bankman-Fried, the former FTX CEO, approaches, a plea for clemency has emerged from an unexpected source – his own family. In a recent filing to the United States District Court for the Southern District of New York, SBF’s lawyers submitted 29 letters of support, including heartfelt recommendations from his mother, father, and brother. Barbara Fried, Joseph Bankman, and Gabriel Bankman-Fried, the mother, father, and brother of the 31-year-old former CEO, all penned letters to Judge Lewis Kaplan, shedding light on SBF’s…

Theta Capital Management B.V. Announces $200M Theta Blockchain Ventures IV Fund

Theta Capital introduces a new $200M fund, Theta Blockchain Ventures IV, targeting early-stage blockchain infrastructure. Theta Capital Management B.V., a leading global investor in blockchain venture capital funds, has launched Theta Blockchain Ventures IV, a significant new fund aimed at investing in the foundational infrastructure of blockchain technology. With a targeted total of $200 million in commitments, the fund marks a strategic move to capitalize on what Theta Capital views as a generational investment opportunity within the blockchain sector. Theta Capital has a history of deploying over $650 million in…

OKLink Reveals $103M Blockchain Losses in February 2024

OKLink’s February 2024 report details $103M in crypto losses, highlighting the critical need for heightened security measures. The blockchain industry faced significant security challenges in February 2024, as reported by OKLink in a recent review. The cumulative losses across the network approximated a staggering $103 million USD, with phishing scams contributing to 11.76% of these losses, according to the OKLink Security Incident Review. The report highlighted that official social media accounts experienced 37 scams and phishing incidents, mainly concentrated on platforms like Twitter and Discord. These security breaches underscore the…

Bitcoin Dogs ICO Raises $5.7 Million, Pioneering BRC-20 and Bitcoin Gaming – Blockchain News, Opinion, TV and Jobs

London, United Kingdom, March 1st, 2024, Chainwire The Bitcoin Dogs presale for the first-ever coin on the Bitcoin blockchain has now raised a total of $5.7 million since the 14th of February. The world’s first ICO on BRC-20, Bitcoin Dogs, has 14 days until the presale closes. The growth of the Bitcoin Dogs community is showing no signs of slowing down. Across its core social channels, the following has broken the 100k mark, with over 110k followers on Twitter and over 19k in the official Telegram group. The Bitcoin Dogs…

Green Bitcoin Presale Raises $1M as Bitcoin Approaches its ATH – Blockchain News, Opinion, TV and Jobs

London, United Kingdom, February 29th, 2024, Chainwire The eco-friendly crypto project Green Bitcoin has seen its limited-time presale phase cross $1 million in funding. With an innovative gamified staking model and energy-efficient foundation, Green Bitcoin offers token holders a way to stake their tokens and generate yield. Gamified Staking Model Offers Unique Way to Earn Green Bitcoin’s gamified staking model offers a unique twist, token holders can try to predict Bitcoin’s daily price movements, and if they are successful they can earn rewards that vary based on accuracy and stake…

LTO Network makes their Layer-1 blockchain available for the fight against counterfeit goods – Blockchain News, Opinion, TV and Jobs

Amsterdam, Netherlands, February 29th, 2024, Chainwire Scantrust and LTO Network Partnering for Secure, Transparent items. Scantrust’s innovative Secure QR codes, a well-known and proven tool against counterfeiting, can now be used in conjunction with LTO Network’s secure, transparent blockchain technology. This allows organizations that depend on critical documents and high-value, luxury goods to have additional options to establish and maintain a new level of trust and accountability. Any item with Scantrust Secure QR codes can have their authenticity verified in a matter of seconds using a mobile phone. With the…

Build A Space City With ERC-404 NFTs – Blockchain News, Opinion, TV and Jobs

Singapore, Singapore, February 29th, 2024, Chainwire BinaryX announced today the highly anticipated launch of their first Initial Game Offering (IGO) of the year, Project Matthew. Project Matthew is a space-building simulation game where players get to experience what it is like to work in space, officially known as the planet Matthew in the game. In the game, players work not as astronauts, but as builders and engineers that make space livable for a new civilization. Own ERC-404 NFT tokens and exchange for in-game land Players have the opportunity to own…

Algotech Presale Revolutionizes DeFi Scene, Surpassing $1 Million Raised in Just Weeks – Blockchain News, Opinion, TV and Jobs

San Francisco, California, February 28th, 2024, Chainwire Algotech Presale Revolutionizes DeFi Scene, Surpassing $1 Million Raised in Just Weeks. Algotech Presale Revolutionizes DeFi Scene, Surpassing $1 Million Raised in Just Weeks!  Emerging Cryptocurrency trading platform Algotech (ALGT) known to be famous with its cutting-edge features. The TradFi platform features advanced algorithms to provide a competitive edge to traders.  The platform initially gained traction for its convergence of artificial intelligence (AI) and blockchain technology. Algotech’s technical infrastructure leverages the latest developments in AI technology to provide a superior trading experience to…