Cointelegraph Accelerator opens applications for its upcoming cohort, offering investment to innovative projects
Selected startups will receive seed investment, marketing and mentorship support, media exposure and networking opportunities to drive innovation in the blockchain industry.
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MATIC says ‘no’ to crypto bears with new all-time highs, weekly gains near 120%
MATIC is now the 17th-biggest cryptocurrency by market cap as an exchange listing sees it reject the bearish mood afflicting major tokens. 1388 Total views 11 Total shares Ethereum infrastructure development platform Polygon’s MATIC token hit new all-time highs on May 18 to become the best-performing cryptocurrency on the day.MATIC/USD 1-hour candle chart (Coinbase). Source:…

Memecoin Shiba Inu unveils plans to launch DAO
Shiba Inu’s marketing head has shared plans for a DAO that will allow SHIB holders to have a say in the future direction of the memecoin project.

Paxos to stop minting BUSD stablecoins for Binance
All existing BUSD tokens will remain fully backed and redeemable through Paxos Trust Company by at least February 2024, Paxos said. 260 Total views 2 Total shares Own this piece of history Collect this article as an NFTBlockchain infrastructure platform Paxos will halt issuance of new BUSD (BUSD) stablecoins amid the ongoing probe by the…

Nexus Mutual moves to sundown legal entity, lift KYC requirements
In a move that could point towards greater decentralization and wider access, the Nexus Mutual community is currently considering a proposal to sunset the coverage protocol’s legal entity and lift Know Your Customer (KYC) burdens currently necessary to interact with the platform.The proposal was announced yesterday in a Tweet by investment fund 1kx co-founder Christopher…

Teller Finance deploys mainnet on Polygon, migrates 2,200 NFTs
Polygon allows Teller Finance to port its solutions onto a scalable network, thereby overcoming many of the current challenges associated with Ethereum. 294 Total views 4 Total shares Teller Finance, a non-collateral lending protocol for the DeFi market, has officially deployed its mainnet on Polygon, marking a significant milestone in its quest to offer scalable,…

Aussie execs refute ‘argument’ to treat crypto as financial products
Australian crypto executives have urged caution over lumping all digital assets in the same boat as financial products, after recent comments from Australia’s assistant treasurer on the matter.Assistant Treasurer and Minister for Financial Services Stephen Jones gave an overview of the state of crypto regulation in the country in an interview with the Sydney Morning Herald…

Crypto whales bet big on Trump win ahead of US election
The revelation comes just a day ahead of the US presidential election on Nov. 5, which has become a focal point for crypto investors.

Bank of Korea Seeks to Deploy Blockchain in Bond Market: Report
Global central banks are increasingly looking at blockchain technology as a tool to make interbanking processes more efficient and transparent.Following the World Bank’s exemplary experience of blockchain bond transactions, South Korea’s central bank is working on its own blockchain-based bonds, Cointelegraph Korea reports Feb. 18.Bank of Korea started the project in late 2019According to a…