Algorand names former Chainlink executive William Herkelrath as CEO
The former Chainlink and Curv executive will lead the blockchain organization’s push into institutional finance and quantum-resistant security.
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Bitcoin miner manufacturer Canaan sells crypto to buy back shares after $97 million loss
Revenue fell below its $35 million guidance floor, while later crypto sales funded part of its share buybacks. The post Bitcoin miner manufacturer Canaan sells crypto to buy back shares after $97 million loss appeared first on CryptoSlate.
Crypto Long & Short: Inside the 300-to-1 onchain gap between the dollar and euro
Ryan Connor of RockawayX writes that the dollar leads the euro about 3 to 1 across the offchain economy and more than 300 to 1 onchain. Euro-pegged stablecoins total €711 million, under 1% of supply. He traces the gap to path dependency and missing euro DeFi infrastructure, and argues MiCA-regulated issuance and euro…
You can borrow against Bitcoin without selling it, but there’s a catch
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