Algorand decentralized lending protocol Algofi to shut down by end of year
Developers say building the borrowing and lending protocol is "no longer a viable path" for Algorand.
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Algorand (ALGO) Price Turns Positive, Bulls Eyeing Further Gains?
Algorand (ALGO) has recovered from the bearish trend seen at the end of February 2023. From February 21 till May 8, ALGO recorded a loss of 45.13%, dropping to a low of $1.592. Despite the crash, buyers still pushed up the price of ALGO by more than...
Video of SEC chair praising Algorand resurfaces after recently deeming it a security
Members of the crypto community have called out the SEC Chairman for “shilling” Algorand.
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 to support bank and insurance guarantees platform in Italy
This is the first time an EU Member State will use blockchain technology for bank and insurance guarantees, according to Algorand.
Algorand upgrade boosts speed, adds trustless cross-chain communication
Algorand has increased its transaction speed, processing capacity and cross-chain functionality with a major upgrade.
Steven Kokinos shifts to Algorand advisory role as company appoints interim CEO
Former Algorand CEO Steven Kokinos said he will stay on as a senior advisor and be involved in “key projects” related to scaling adoption until 2023.
CoinShares launches staked Algorand ETP on Deutsche Boerse Xetra
The new Algorand ETP joins a family of CoinShares’s staked ETPs featuring cryptocurrencies DOT, XTZ, ADA, SOL, ATOM and MATIC.
Algorand becomes first US blockchain sponsor of FIFA World Cup
The proof-of-stake blockchain will assist FIFA in developing a “digital assets’ strategy” along with providing an official “wallet solution”.
Algorand aims to convert network transaction fees into carbon offsets
The smart contract will automatically allocate part of the Algorand blockchain’s transaction fees to purchase carbon credits at the carbon offset marketplace ClimateTrade.