Bitwise Replaces ATOM with MATIC in Crypto Index; Okcoin Integrates Polygon for Cheaper & Faster DeFi Entry

Digital Assets manager Bitwise has added Polygon (MATIC) to its Large Cap Crypto Index. This new addition has been part of Bitwise’s May month-end index reconstitution process, where Polygon has replaced ATOM. ATOM -5.44% Cosmos / USD ATOMUSD $ 15.46 -$0.84 -5.44% Volume 397.62 m Change -$0.84 Open $15.46 Circulating 210.77 m Market Cap 3.26 […]

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Crypto Bank Anchorage Announces ETH-Backed Loans for Institutions

Institutional clients holding Ethereum can now access bank-grade loans, with custodied ETH providing collateral Crypto custody and digital bank provider Anchorage Digital now offers an Ethereum-backed loan product for institutional investors. The digital asset bank will provide the lending service in partnership with BankProv, an FDIC-insured bank that currently ranks as the 10th oldest legacy […]

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Investing in Algorand (ALGO) – Everything You Need to Know

What is Algorand (ALGO)? Algorand is a Pure Proof-of-Stake blockchain platform that uses algorithmic randomness to solve blockchain’s trilemma. Unlike a majority of blockchain projects, Algorand requires minimal computation as it realizes the unique combination of the Proof-of-Stake algorithm rather than Proof-of-Work. As Algorand is a public blockchain platform, developers can use it to build […]

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