Cointelegraph.com News

• CoinGecko and 21Shares propose global crypto classification standard
  The new crypto classification effort aims to help investors and regulators spot potential crypto failures like those seen in 2022. Major cryptocurrency data aggregator CoinGecko and crypto investment firm 21Shares have joined forces to launch a global standard for classifying various types of cryptocurrencies.On Feb. 8, CoinGecko and 21Shares released The Global Crypto Classification Standard […]
• Russia’s Gazprombank recommends slow CBDC rollout fearing loss of income
  Gazprombank, a subsidiary of a state-owned energy corporation, which participates in Russia’s CBDC initiative, fears losing a part of its income as the digital ruble replaces traditional fiat currency. Gazprombank, a subsidiary of the leading Russian government-owned gas company, Gazprom, publicly proposed giving banks more time before implementing the digital ruble. The country’s central bank […]
• Ethereum gas price spikes 29% in January as user activity grows: Report
  Ethereum block statistics show that the average number of blocks mined each day showed little to no change, while the total block size per month increased by 7%. Stepping into 2023, the cryptocurrency market seemingly shrugged off the year-long bearish sentiment from 2022. As investors took notice, the long-awaited price corrections had a significant reaction, showcased […]
• Algorand to drive Web3 adoption in India through key partnerships
  Algorand has partnered with several educational institutions and schools to create programs for faculty members, students and businesses looking to jump into Web3. Algorand Foundation announced several partnerships in India, including collaborations with schools to develop educational programs to help grow Web3 in the country. In an announcement sent to Cointelegraph, the Algorand team said it partnered […]
• Bitcoin bulls stumble at $23.4K as Fed’s ‘disinflation’ sparks BTC price rally
  Bitcoin price action returns to tackle familiar resistance, with bulls failing to make fresh inroads toward $25,000. Bitcoin (BTC) rebounded to key resistance on Feb. 8 as crypto markets got a boost from a familiar source.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewPowell: “Disinflationary process” is hereData from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching […]
• NYU to launch Web3 learning workshop in partnership with Near Protocol
  The course exposes students to the technology underlying the industry, with hands-on experience working with Web3 tools. Education is a well-known barrier to entry for many when it comes to crypto and Web3 space. This is particularly true when understanding the underlying technology that powers these innovations. Joining in on the effort to spread crypto awareness, on […]
• Alameda wallets resurrect to transfer FTT in the millions
  Alameda linked wallet bought 1 million FTT, worth $2.3 million, before opening a loan position on the decentralized crypto lending platform Abracadabra. Wallets linked to the bankrupt Alameda Research became active again on Feb. 7, transferring millions worth of FTX Tokens (FTT). The Alameda wallet activity post-FTX bankruptcy filing has been a big concern for […]