Tag Archives: algorand

CoinspeakerSecuritize Acquires Onramp Invest Extending Tokenized Alts to RIAs  Securitize intends to improve liquidity and transparency by transferring private investments onto public blockchains like Ethereum, Avalanche, Polygon, and Algorand. Securitize Acquires Onramp Invest Extending Tokenized Alts to RIAs 

CoinspeakerBank of Spain Approves eToro Registration as Virtual Asset Exchange eToro said that it will continue to empower our Spanish users by providing them with access to a diverse range of asset classes. Bank of Spain Approves eToro Registration as Virtual Asset Exchange

While the SEC’s designation of some cryptocurrencies as securities has shaken the market, the development companies behind these assets have strongly rejected the regulator’s characterization. The United States Securities and Exchange Commission’s (SEC) lawsuit against Binance and Coinbase has resulted in widespread volatility in the crypto market. As part of its legal actions, the regulator identified 19 new cryptocurrencies as securities. According to the SEC, “Coinbase makes these...

Algorand-based wallet provider MyAlgo has cautioned users to withdraw assets from all wallets created with a mnemonic phrase as the company continues investigating an exploit that led to a $10 million loss. The wallet provider tweeted on February 26, warning users that “a targeted attack was carried out against a group of high-profile MyAlgo accounts.” MyAlgo Urges Users to Withdraw Funds MyAlgo further explained that the attacked users had significant amounts of assets in...

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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...

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,...

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...

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...

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 –...