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Tag Archives: algo

National Teams Fan Tokens Soar as World Cup Draws Near

For the World Cup event that will start on November 20 in Qatar, FIFA has named Crypto.com as its official exchange partner while Algorand, a Proof-of-Stake (PoS) blockchain protocol, has been tapped as a blockchain partner for the event.With the FIFA World Cup less than a month away, the fan tokens of National Football teams have been recording a massive slump, signifying sentiments for the countries who have these tokens and will be participating in the Mundial.According to data from the...

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Binance US to Offer Users Sustainable ALGO and ATOM Staking Programs

Binance sees the growing demand on staking platforms and solutions and wants to be ahead of the curve in this ‘post-PoW world’.Binance announced that starting 1 February 2020 it will allow the U.S. customers of its dedicated platform ‘Binance US’ to stake Cosmos (ATOM) and Algorand (ALGO) tokens with Proof of Stake algorithm as the basis.Now, Binance offers trading in 28 cryptocurrencies, including the ones you never heard of. The exchange wants to enter the U.S. staking market controlled by...

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Jack Dorsey Invests $10M in the Startup ICO Platform CoinList

Token offering platform CoinList raised $10 million with a little help from Twitter and Square CEO Jack Dorsey. CoinList was founded back in 2017 as a spin-off of AngelList, and it acts as an ICO exchange platform that at first received support from investment company Polychain Capital, and upraised more than $9 million in its virgin funding tour. Since then, the company is directing regulatory rules concerning initial coin offerings (ICOs), a popular capital acquisition vehicle for emerging...

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Bitstamp Joins Forces with BitGo for Custodial Services for Customer Assets

Bitstamp ranks among the biggest crypto exchanges in Europe. On October 9, the exchange announced that it is enhancing its relationship with digital financial services provider BitGo. The digital asset financial services firm will offer secure storage for cryptocurrency assets under management at the exchange.BitGo is now tapped to offer custodial services to the biggest exchange in Europe by trading volume. Starting on October 10, Bitstamp will give BitGo custody of its clients’ digital...

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Binance Staking Platform Launched for 8 Cryptocurrencies

Binance, one of the world’s leading cryptocurrency exchanges, on Thursday announced the launch its staking platform that will enable its users to earn cryptocurrencies for only depositing their funds on the platform.As per the announcement, the new platform is a value-added service that provides its users with a way of “earning staking rewards without the need to set up any nodes or worry about minimum staking amounts, time lengths, or any other technical requirements.”For a start, the...

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