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Algorand decentralized lending protocol Algofi to shut down by end of year
Algorand decentralized lending protocol Algofi to shut down by end of year

Developers say building the borrowing and lending protocol is "no longer a viable path" for Algorand.

Near Foundation treasury drops to $900M as token price plunges
Near Foundation treasury drops to $900M as token price plunges

The $200 million decline was mostly due to a drop in the price of Near tokens, in line with the crypto bear market.

China could benefit from yuan stablecoin over its CBDC — Circle CEO
China could benefit from yuan stablecoin over its CBDC — Circle CEO

China may have banned the use of cryptocurrencies, but stablecoins might have a role to play in the proliferation of its national currency.

Why is Polygon (MATIC) price up today?
Why is Polygon (MATIC) price up today?

MATIC’s price is up today as traders assess the appointment of a new CEO and amid surging whale activity ahead of a key network update.

Bitcoin prices may hit new highs in 2024
Bitcoin prices may hit new highs in 2024

Bitcoin prices may quadruple by end of 2024ALBAWABA – London-based Standard Chartered bank predicted that the world’s largest and first cryptocurrency, Bitcoin, will hit $120,000 by the end of 2024, Reuters reported Tuesday...

Dubai crypto regulator suspends BitOasis crypto exchange license
Dubai crypto regulator suspends BitOasis crypto exchange license

BitOasis was the first crypto exchange to get an operational license in Dubai, which has now been suspended by the local regulator for not meeting key conditions in time.

Bitcoin Falls Back Below $31K After Late Monday Surge
Bitcoin Falls Back Below $31K After Late Monday Surge

The head of research for digital asset manager 3iQ wrote that the largest cryptocurrency by market capitalization is still riding tailwinds from multiple spot bitcoin ETF filings and other June events.

An Orb, a Token and Money for Everyone: Worldcoin’s CEO on Crypto’s Most Daring Project
An Orb, a Token and Money for Everyone: Worldcoin’s CEO on Crypto’s Most Daring Project

Alex Blania on collaborating with Sam Altman on a universal basic income for eight billion people.

Apple May Not Like It, but ‘Zapple Pay’ Finds Workaround for Bitcoin Tipping on Damus
Apple May Not Like It, but ‘Zapple Pay’ Finds Workaround for Bitcoin Tipping on Damus

The new third-party payment service claims to be independent of the Damus iPhone app that Apple has tried to restrict, and lets users tip one another on any app that runs on the Nostr protocol.

Value of US presidential candidate’s Bitcoin stockpile revealed
Value of US presidential candidate’s Bitcoin stockpile revealed

RFK Jr.’s investment disclosure contrasts with claims by the US presidential candidate that he was not an investor in Bitcoin Read Full Article at RT.com

China expands CBDC’s tentacles, Malaysia is HK’s new crypto rival: Asia Express
China expands CBDC’s tentacles, Malaysia is HK’s new crypto rival: Asia Express

China’s president Xi Jinping expands CBDC cooperation at SCO, Hong Kong’s crypto licensing costs surge, and Multichain is hacked yet again.

Stocks fall on China deflation, US recession risks
Stocks fall on China deflation, US recession risks

ALBAWABA – Stocks fell in Asia, the United States (US) and Europe, on Monday, as the US dollar strengthened against weakening risk appetites, caused by deflation risks in China and a possible recession in the US, Bloomberg reported...

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