Saturday , February 4 2023
Home / Tag Archives: algorand

Tag Archives: algorand

Algorand Foundation Confirms $35M Exposure to Crypto Lender Hodlnaut

The non-profit organization behind the development of the Algorand blockchain infrastructure – Algorand Foundation – has confirmed a $35 million USDC exposure to Hodlnaut. Additionally, it said it is pursuing all legal remedies to maximize asset recovery from the embattled crypto lender. Despite the hole in the balance sheet, the organization does not expect to trigger any operational or liquidity concerns. The Algorand Foundation, in an official announcement, said these...

Read More »

Algorand new sponsor FIFA World Cup 2022

Qatar is ready to welcome the world to celebrate a FIFA World Cup™ like no other. Get a head start on planning your Qatar 2022™ experience! The team of Algorand has signed a deal to become the official blockchain partner of the 2022 FIFA World Cup in Qatar. It will also be the partner of the 2023 Women’s World Cup in Australia and New Zealand. Wallet for FIFA Algorand will help global football governing body FIFA develop its digital strategy,...

Read More »

Flare Network Receives Grant to Connect Bitcoin With Algorand

EMV-compatible layer 1 protocol, Flare, has received the Algorand Foundation Bridges SupaGrant to build a bridge that will connect the Bitcoin network with Algorand. Flare to Bridge Bitcoin and Algorand The grant partnership between both firms will help boost the growth of the Algorand ecosystem and the DeFi industry at large. In an official press release shared with CryptoPotato on Tuesday, Flare noted that the bridge will enable secure and trustless interoperability between...

Read More »

Scaramucci’s SkyBridge, Algorand, and NAX Will Launch a $250M Fund to Enhance Blockchain Adoption

The New York City-based global investment firm intends to double down on its cryptocurrency endeavors by partnering with a trading platform called NAX and Algorand to raise a quarter of a billion dollars to spread blockchain usability among institutions. CNBC report outlined SkyBridge Capital’s latest endeavor in relation to the digital asset industry. The institution has joined forces with NAX to raise $250 million through a series of fundraising events. The plan is to...

Read More »

Algorand Foundation Launched a $300M Fund for DeFi Innovation: ALGO Taps a 2-Year High

The Foundation behind the popular blockchain project – Algorand – has started a new initiative aiming to enhance the developments in the DeFi sector. Called Viridis DeFi Program, it will be a $300 million fund to support innovation on the Algorand network. In a statement dated September 10th, The Algorand Foundation announced the launch of its latest product called Viridis DeFi Program. In it, the organization has allocated 150 million of the native cryptocurrency – ALGO –...

Read More »

Grösster Schweizer Blockchain Hackathon in Zürich, Genf und Lugano

Swiss Blockchain Hackathon Der Swiss Blockchain Hackathon findet vom 29. bis 31. Oktober 2021 statt und wird im Rahmen des NTN Innovation Booster – Blockchain Nation Switzerland durchgeführt. Das mehrjährige Förderprogramm wurde von der Schweizerischen Agentur für Innovationsförderung (Innosuisse) initiiert. Gemeinsam mit dem Konsortiumspartner Trust Square wird der Hackathon an verschiedenen Standorten in der Schweiz gleichzeitig...

Read More »

#825 Kaufland wirbt mit Bitcoin, Algorand Digitalwährung Marshallinseln & Justin Sun Steem Hack

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 825. Heute sprechen wir über folgende Themen: Deutsche Supermarktkette wirbt mit Bitcoin, Algorand als Fundament bei Digitalwährung der Marshallinseln & Justin Sun übernimmt Steem mit Gewalt. 1.) Deutsche Supermarktkette wirbt mit Bitcoinhttps://cryptomonday.de/deutsche-supermarktkette-wirbt-mit-bitcoin-ist-btc-bereits-mainstream/ 2.) Algorand stellt das technologische Fundament für die Digitalwährung der...

Read More »

Binance US to Offer Users Sustainable ALGO and ATOM Staking Programs

Binance sees the growing demand on staking platforms and solutions and wants to be ahead of the curve in this ‘post-PoW world’.Binance announced that starting 1 February 2020 it will allow the U.S. customers of its dedicated platform ‘Binance US’ to stake Cosmos (ATOM) and Algorand (ALGO) tokens with Proof of Stake algorithm as the basis.Now, Binance offers trading in 28 cryptocurrencies, including the ones you never heard of. The exchange wants to enter the U.S. staking market controlled by...

Read More »

Matic Launches Its Public Incentivized Counter Stake Testnet Event

Matic Network, the platform working on solutions to the scalability issues of the Ethereum blockchain and using Plasma side chains and a Proof-of-Stake network, has announced its public incentivized staking testnet event Counter Stake is finally live.Counter Stake has arrived!Matic’s public incentivized staking testnet event is now officially live.We have released a detailed step-by-step guide on setting up your node. Over 3 million $MATIC tokens are to be shared among participants ?Read...

Read More »