Features Crypto News by Thebittimes.Com

We are just days away from welcoming industry pioneers shaping the future of Web3 to BlockchainX Istanbul against the backdrop of the magnificent views of the Bosphorus.   The event, scheduled for October 21-22, will take place at the Istanbul Haliç Congress Center and is poised to make its mark in 2023.   So, Who Will Be at the Event?   BlockchainX Istanbul promises to be a fantastic platform featuring some of the foremost names in the industry and the most innovative projects, providing attendees with an inspiring perspective on the future of blockchain technology.   Throughout the event, esteemed organizations like Microsoft, Gate.io, Avalanche, TON, IslamicCoin, LBank, bitgrit, Horizon Protocol, Venus Protocol, HAQQ, and many others will have their booths to showcase their products and share their future plans.   Additionally, notable figures from both the global and local ecosystems, such as Levent Özbilgin, General Manager of Microsoft Turkey, Se...

Algorand’s largest decentralized finance (defi) protocol Algofi will shut down as the platform says it is unable to maintain the highest standards following a “ confluence of events .” Algofi sunsetting operations Algofi announced the news in a Medium blog post on July 11, stating that the platform will soon move to “withdrawal-only mode” and will also close down all its social media platforms except for its Discord channel “to ensure seamless, unified communication.” 1) Hey Everyone, We have some unfortunate news to share regarding the Algofi protocol . After a lot of reflection, the team has recently come to the unfortunate decision to begin winding down the protocol . — Algofi (@algofiorg) July 10, 2023 The platform also highlighted the timeline for its shutdown process, which will see the collateral factor reductions of markets in V1 and V2 lending, enabling the migration of liquidity, and also the suspension of the project...