Top drone racing league taps Algorand (ALGO) for crypto, NFT initiatives

Top-ranked professional drone racing property Drone Racing League yesterday announced a long-term partnership with Algorand (ALGO), a high-speed blockchain platform that supports smart contracts. The Future of Finance meets the Future of Sports. @DroneRaceLeague announces a groundbreaking partnership with the leading blockchain technology company @Algorand https://t.co/dI9DyHkJGD — Nicholas Horbaczewski (@NicholasDRL) September 14, 2021 Recognized globally …

Solana Restarts Mainnet, SOL Users Complain, Dev Says Network Stall Not Similar to ETH in 2016

The blockchain network Solana had issues processing blocks on September 14 and according to a status report on September 15 at 2:01 a.m. (EST), the Solana validator community “successfully completed a restart of Mainnet Beta.” Solana Validators Restart Mainnet Beta Solana is now a member of the club of blockchains that have stalled for several …

Sovryn Lists on AscendEX

press release PRESS RELEASE. AscendEX is thrilled to announce the listing of the Sovryn token (SOV) under the trading pair USDT/SOV on Sept. 15 at 1 p.m. UTC. Sovryn is a Bitcoin-based decentralized finance (DeFi) protocol launched in early 2020. The Sovryn platform provides the tools to trade, lend, and leverage Bitcoin and other assets …

Ground Reports Concerning Salvadoran Bitcoin Law Highlight False Narrative Painted by Influencers

On Tuesday, Bitcoin.com News spoke with Marc Falzon, an individual who has been documenting the bitcoin rollout in El Salvador since the law was implemented on September 7. Falzon says that there are a number of issues that no one is talking about in regard to the bitcoin law and the Chivo wallet, a government-crafted …

Sources With Ties to Washington Say Joe Biden Will Renominate Fed Chair Jerome Powell

Unnamed sources familiar with the matter indicate the Biden administration may allow Federal Reserve chairman Jerome Powell to continue as the central bank’s lead. The news follows three U.S. representatives asking Biden to replace Powell with a central bank leader that addresses equality and climate change. Jerome Powell to Stay for Second Term, Sources Say …

Investor: Coinbase’s $2 billion junk bond deal shows crypto ‘supercycle’ is in place

Coinbase, one of the world’s biggest and most regulated crypto exchanges that went public earlier this year, saw a recent ‘junk bond’ offering close at over $2 billion, showing glimpses of what demand in institutional circles for crypto is like. The exchange saw over $7 billion in orders pour for just $1.5 billion of debt …

‘Bear Market’ NFTs are going live on Zilliqa’s ZilSwap today

A range of cute bear non-fungible tokens (NFTs) went live on the Zilliqa blockchain—a collaborative result of the work of Switcheo Labs and Zilliqa. Not that Bear Market Called ‘The Bear Market,’ the NFTs are a commemorative NFT collection that will be available for pre-sale on 15 September, 8 am UTC. It celebrates both the …

Data: Bitcoin (BTC) adoption grows 1,200% in Africa

The adoption of Bitcoin in Africa has swelled immensely over the past year, making it the third fastest-growing Bitcoin economy globally.  BTC adoption up by 1200% in Africa A report produced by Chainalysis estimated the growth to be over 1,200%, which means there has been an increase in Bitcoin activities carried out by retail investors …

NY Attorney General Shuts Down Crypto Trading Platform Coinseed That Cheated Investors out of Millions

New York Attorney General Letitia James has secured a court order to shut down cryptocurrency exchange Coinseed. The order also “permanently appoints the court receiver to obtain, safeguard, and return all assets invested and traded through” the exchange. New York Attorney General Letitia James Shuts Down Crypto Exchange The office of New York Attorney General …

State Bank of India Blocks Payments to Cryptocurrency Exchanges on UPI Platform

State Bank of India (SBI) has reportedly blocked payments to cryptocurrency exchanges using its Unified Payments Interface (UPI). Payment processors have been told to disable the bank’s UPI for crypto merchants. Payment Processors Instructed to Disable SBI UPI for Crypto Firms State Bank of India, the country’s largest bank, has reportedly “blocked the receipt of …

HOGE Announces Collaboration With the DeFi Angels

sponsored The Original DeFi Meme Token – HOGE has joined forces with the DeFi Angels to give their project a voice on Capitol Hill as the regulation conversation heats up. It’s no secret that American based blockchain crypto companies are fighting the infrastructure bill in D.C. This bill could create big change in the world …

Bitcoin Will Not Become Legal Tender in Uzbekistan, Central Bank Official Insists

Cryptocurrency cannot be adopted as a means of payment in Uzbekistan, a high-ranking official from the country’s central bank has recently stated. Speaking to local media, the regulator’s representative also noted that unlike cryptocurrencies, the national fiat is backed by the bank’s assets. The statement comes in spite of Tashkent’s crypto-friendly moves in the past. …

25% of South Africans Own Cryptocurrency With Average Value of Assets Held Below $70

According to the findings of a study by KLA, a market research and data specialist firm, some 47% of South African adults are holders of cryptocurrency, with the majority of this number holding low-value investments. In addition, the study shows that 36% plan to invest in crypto in the future. South Africans Still Experimenting With …

Coinseed barred from operating in New York after shady Dogecoin (DOGE) dealings

‘Dogenations’ campaign wants to raise Shiba Inu-inspired Dogecoin for homeless animals PAWS Chicago, a non-profit animal shelter organization dedicated to building no-kill animal communities, recently launched “Dogenations” and started accepting Dogecoin (DOGE),  Bitcoin (BTC), Ethereum (ETH), and 36 other cryptocurrencies for donations. 2 min read → Go to Source

‘Big Four’ firm EY taps Polygon (MATIC) for Ethereum scaling solutions

Aragon deploys on Polygon (MATIC) to optimize DAO creation Polygon, an Ethereum-based full-stack scaling solution bringing mass adoption to the Ethereum platform, announced last week that Aragon Client, an Ethereum-based project that makes the creation and management of decentralized autonomous organizations (DAOs) easy and cost-effective, is now live on the Polygon PoS network. 2 min …

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