Climatetrade will launch its marketplace for carbon offsetting on the Algorand blockchain. Blockchain marketplace Climatetrade will be building its new CO2 carbon offsetting platform on Algorand, a top-50 cryptocurrency project that is gunning for scalability and transactional performance.  Climatetrade announced Wednesday that it has selected the Algorand blockchain to power its carbon offsetting marketplace, which is designed to help organizations achieve CO2 neutrality — a key pillar in the fight against climate change. Climatetrade is building on Algorand for its “flexible architecture, low transaction fees and scalability […]

From the minds that brought you cheese with holes in it comes this year’s weirdest ad campaign. Crypto broker Bitcoin Suisse recently installed a blockchain-related Christmas advertisement in the  Zurich Main train station in Zürich, Switzerland. The ad, which is largely indecipherable to non-native speakers, involves a piece of broccoli, a shoe, and one lone Bitcoin (BTC). The text above the images reads Neujahrsvorsätze, a German word meaning “New Year’s resolutions.” Unsatisfied with the printed description for this seemingly non-sequitur string of objects, Cointelegraph reached out to Bitcoin […]

Despite its recent Phase 0 launch, the fully realized transition to Eth2 could still be years away from completion. Ethereum 2.0 launched its Beacon Chain on Tuesday, marking the project’s transition to a proof-of-stake, or PoS, mining algorithm. With Phase 0 now in the rearview mirror, the founder and CEO of MyEtherWallet, Kosala Hemachandra, recently explained the next hurdle for Eth2.  “I think the question should be, what is not the next hurdle for ETH 2.0,” Hemachandra told Cointelegraph, adding: “Basically, after the beacon chain launch, Ethereum […]

Bitcoin reclaimed the $19,000 level, but charts suggest BTC and altcoins may consolidate for a few days before starting the next trending move. Bitcoin price hit a new all-time high above $19,892 on Dec. 1. This is a significant event because it proves that the rally in 2017 was ahead of fundamentals but not a bubble. Generally, when a bubble bursts, it takes several years for the price to cross the high made during the bubble.  For example, the Japanese stock market bubble came after a high […]

The benefits of utility tokens could soon stretch beyond payment facilitation and governance capabilities. Cryptocurrencies are commonly known for being a store of value, but as the blockchain space continues to mature, utility tokens are being created that extend their benefits beyond mere financial gains. Scott Gralnick, director of global partnerships for ShapeShift — a Swiss cryptocurrency exchange — told Cointelegraph that cryptocurrency can help launch Web 3.0 as more utility tokens are designed to provide functions beyond market value: “At ShapeShift, we are looking past the idea […]