Algorand (ALGO), the Ultra-fast and Carbon-neutral Blockchain
Created by Silvio Micali, Professor Emeritus of the Massachusetts Institute of Technology (MIT) and winner of the Turing Prize in 2012, Algorand aims to become a super-fast, carbon-neutral and safe blockchain for its users. Let’s discover together his principle of “Pure Proof of Stake”, developed by his team, which consists of directly involving the owners […]
Nigerian Government Partners With Algorand Blockchain, Aims to Commercialise Intellectual Property Rights
The West African country recently announced a partnership with the Developing African Group on a three-year Intellectual Property Right (IPR) agreement to improve the commercialisation of IPs within the country by using the Algorand blockchain. About the Partnership The collaboration will allow the Nigerian government to grant Developing African Group the exclusive license to develop […]
Algorand-based Tinyman AMM Lost $3 million to Smart Contract Attack
Tinyman, a decentralized trading protocol based on Algorand, is a recent victim of smart contract security flaws. The trading protocol is estimated to have lost a total of $3 million in the attack. Algorand-based Tinyman AMM Exploited $3 million According to a blog post on January 1, Tinyman was attacked and the attacker exploited a […]
Algorand Surge 25% After New Initiative to Distribute 2 Million ALGO was Launched
Algorand, an environmentally-friendly network has been attracting more investors to the blockchain after its recent announcement to distribute 2 Million ALGO. Algorand to Launch 2 Million ALGO Give Away According to an announcement on December 29, Algorand network announced a new plan to give away 2 million ALGO tokens as a liquidity bonus for products […]
Algorand Welcomes Algofi Liquidity Protocol, Offering a Lending Market, Stablecoin and Liquidity Incentives on Its Blockchain
Algofi is a fast, low-cost crypto lending market and stablecoin on the Algorand blockchain that makes decentralized lending widely available. Algofi plans to offer traditional banking services like savings accounts and credit cards backed by Algorand’s growing DeFi ecosystem. Algofi Liquidity Protocol Launches on Algorand According to an announcement on December 18, Algofi’s easy-to-use platform […]
Algorand (ALGO) Price Fails to Rebound After the Recent Crypto Market Crash
Algorand (ALGO/USD) is one of the tokens hardest hit by the recent downtrend, and despite repeated attempts to bounce back, the altcoin has failed to make significant gains. The total loss of tokens for the month exceeded 20%. Algorand attempted a false breakout on November 19 and rose above $2, but the market crash that […]
Algorand Projects to Be Supported With $500M Funding From Borderless Capital
Algorand, an environmentally friendly crypto, has been gaining popularity and adoption from companies like the Wine company, Racing company and Social media companies. The latest update is the support of half a billion dollars from Borderless capital. Algorand Project Funding to Support Digital Assets and Decentralized Applications According to the Miami-based company’s announcement on November […]
Algorand Partners With Former Citi Banker, As He Launches a $1.5B Crypto Fund
The crypto industry continues to attract billionaires, politicians, Government and even top talent on Wall Street. Matt Zhang, a Wall Street veteran with more than 14 years of experience is the newest to join the crypto space. Algorand Unveiled As the First Hivemind Capital Partners According to a report on November 29, the former Citi […]
Algorand and Solana DeFi Ecosystem to Be Connected By Advanced Cross-chain Bridge Glitter Finance
Algorand is a rapidly growing platform with around $1.5 billion in locked digital assets being integrated into Solana with the help of Glitter Finance. Solana is a leading brand in the DeFi space and already has an enormous fund of approximately $8 billion. Glitter Finance to Integrate Algorand Ecosystem with the Highly Complex Solana Ecosystem […]
Paypal Carefully Watch Ethereum, Polkadot, Solana, Algorand and NFTs for Payment Services
The acceptance of cryptocurrencies has meant that many traditional payment channels have opened the door to new asset classes. Large payment providers like Visa and Mastercard and digital payment platforms like Paypal have started adding crypto support. However, these large-scale integrations did not take place in a vacuum but were the result of stronger market […]