The Algorand Foundation has cut 25% of its workforce, sending a sharp signal to holders that the bear market’s chill is far from over. This isn’t just corporate restructuring; it is a defensive maneuver to preserve runway as the ALGO token languishes near historic lows. For investors, the question now is singular and urgent: Is
If you want to know what Bitcoin is backed by, you’ve hit the correct spot. Representing over 64% of the global digital asset ecosystem, Bitcoin is the largest cryptocurrency by market capitalization (≈1.48T). In this article, we’ll delve deeper into the key factors from which Bitcoin derives its value. What Does “Backed By” Mean? When
The $ChiefPussy memecoin promoted by MtGox’s Mark Karpelès is themed around his cat Tibane and has already plummeted in value. Source link
A senior Federal Communications Commission official overseeing ABC-owned California stations privately offered to assist FCC Chairman Brendan Carr’s campaign last year against the Walt Disney Co. and Jimmy Kimmel Live!, according to internal emails obtained by WIRED. On September 17, Carr threatened Disney with regulatory action regarding the Jimmy Kimmel monologue about the assassination of
The European Central Bank is advancing its digital euro initiative by forming two specialized workstreams, G5 and B1. The ECB is encouraging collaboration with private-sector experts to create an attractive and functional digital currency across the euro area. Establishing Technical and Operational Rulebooks The European Central Bank (ECB) has taken another step toward the realization
Crypto saw $458m in liquidations in 24 hours as Iran’s Gulf strikes and $110 oil triggered a brutal flush of overleveraged BTC and ETH longs led by a Hyperliquid whale. Summary Total crypto liquidations hit $458 million in 24 hours, with $357 million of that from long positions and just $101 million from shorts, as
Skepticism about Binance and CZ continues to fester since October 10, and the company’s $1B BTC buy isn’t helping. Source link
Prediction platform Polymarket has been on a partnership spree — a trend that continued this week, with a new deal involving Major League Baseball. MLB announced Thursday that Polymarket would be its official prediction market partner, a designation that will allow the site to gain exclusive access to official league data as well as to
Animoca Brands has made a strategic investment in Ava Labs and entered a partnership aimed at accelerating growth across the Avalanche ecosystem, with an initial focus on entertainment, real-world assets, and digital identity. The companies said the collaboration will center on capital deployment, product integrations, and strategic advisory support for projects building on Avalanche. The
Two days before Gavin Andresen’s controversial decision to discuss Bitcoin at the CIA, Jeffrey Epstein spoke with him on the phone. Source link