Tagged: algorand

Algorand Announces Partner Program and Initial List of Accepted Companies

Enterprise focused blockchain Algorand has launched the Algorand Partner Program (APP). Alogorand hopes that APP participants can differentiate their services and expand their business by benefiting from access to resources and support in building and delivering their Algorand-based offering. Algorand is focusing on the “next… Read More

USDC Now on Algorand Bringing “Major Scalability and Performance Improvements”

The Centre Consortium has announced that USD Coin or USDC is now using Algorand – the second major blockchain after Ethereum to offer native support for the stablecoin. The Centre Consortium was founded by Circle and Coinbase – the creators of USDC which was announced… Read More

Algorand (ALGO), VeChain (VET), Kava, Synthetix (SNX) Perpetual Contracts Launch on Crypto Derivatives Platform, Delta Exchange

Delta Exchange, a cryptocurrency derivatives trading platform that’s not regulated in any jurisdiction, revealed on August 13, 2020 that it is introducing perpetual swaps for Algorand (ALGO), VeChain (VET), Kava (KAVA), and Synthetix Network Token (SNX). The contracts will allow digital asset investors to trade… Read More

Coinbase Pro to Support Crypto Trading Pairs for Algorand (ALGO), Chainlink (LNK), Tezos (XTZ), XRP on July 21, 2020

San Francisco-based crypto exchange Coinbase announced on July 16, 2020, that it will support Algorand (ALGO) at Coinbase.com and in the Coinbase Android and iOS apps. Coinbase customers will be able to purchase, sell, convert, send, receive, or store ALGO. The digital asset exchange confirmed… Read More

Circle Joins with Algorand Foundation on USDC Stablecoin on Algorand Blockchain

The Algorand Foundation and Circle have partnered to bring a stablecoin, USD Coin (USDC) using the Algorand blockchain. The implementation is scheduled for Q3. The move was described as a shift away for Ethereum and its congested network and affiliated high fees and performance limitations…. Read More

Facebook’s Libra Stablecoin Project, Ethereum (ETH), Near, Bitcoin Cash are Currently Most Active Development Projects: Report

  The controversial Facebook-led Libra project is reportedly the most active project in terms of developer activity, according to CoinCodeCap data. There are 41 active developers working on Libra, meanwhile, Ethereum (ETH), the world’s largest smart contract platform, has 36 active developers, the data site… Read More

Blockchain Platform Algorand Introduces 250 Million ALGO Grants Program to Fund Research, Education, and Community Engagement Initiatives

Algorand (ALGO), a leading proof of stake (PoS)-based blockchain platform, recently revealed that it’s developing a trusted, public, and permissionless infrastructure (with the help of its community members) for the borderless global economy. The Algorand team announced: “In support of our mission, we are launching… Read More

Proof of Stake Blockchain Algorand Releases Survey to Gather Information on Status, Spread, and Symptoms of Coronavirus

Algorand (ALGO), a proof-of-stake (PoS)-based blockchain network, has released a global survey which will be used to compile information into a database. The survey will collect information on the current status, spread, and symptoms of the coronavirus (COVID-19). On March 27, 2020, Algorand’s developers noted… Read More

Algorand Powers First National Digital Currency in Marshall Islands

SFB Technologies, in partnership with Algorand, has launched the first “national digital currency” in the Marshall Islands labeled the Marshallese sovereign or SOV. The Marshall Islands has longed messaged its intent to pursue a digital currency. The SOV is said to circulate alongside the US… Read More

SEC Commissioner Peirce Proposes New Rules for Non Security Token Offerings

SEC Commissioner Peirce has proposed new rules regarding digital assets that may not be securities upon issuance. The proposal was revealed at a speech in Chicago today. As we understand it, Peirce’s proposal, Rule 195, will “set a course for compliant blockchain projects to innovate… Read More

High Profile Blockchain Project Algorand Releases Big Upgrade, Partners with World Chess on STO

Chess Strategy

Prominent blockchain group Algorand has announced an upgrade to its protocol that is said to significantly expand the range of decentralized applications and processes that can be built on the platform. The update expects to unlock the ability to develop scalable blockchain-native solutions for real-world… Read More

Algorand’s Venture Arm, Algo Capital, Loses Millions in Crypto Wallet Security Breach

Algo Capital, the investment division of the US-based blockchain startup Algorand, reportedly lost around $1-2 million in Algorand (ALGO) tokens and Tether (USDT) stablecoins after the company CTO Pablo Yabo’s mobile phone was hacked. The security breach allowed hackers to access an Algo hot wallet… Read More

BitGo Launches “BitGo Staking” With Dash & Algorand Following Acquisition of Hedge

Blockchain software firm BitGo announced on Thursday it has launched BitGo Staking, which allows clients whose assets are with qualified custodian BitGo Trust to now generate passive income while their assets remain in secure, insured cold storage. According to BitGo, BitGo Staking launches with Dash and… Read More

Boston-based AssetBlock Introduces Tokenized Real Estate Trading on Algorand Blockchain

Boston-based real estate firm AssetBlock has introduced a new platform for trading commercial properties that are associated with tokens issued on the Algorand blockchain. The platform’s developers revealed on Tuesday that the new trading solution allows investors to access various real estate properties such as… Read More

BitGo Supports Multi-Signature Custody & Wallets for Algorand

Blockchain software firm BitGo announced on Thursday its support for Algorand by providing a multi-signature wallet and custody services for the Algorand blockchain. Algorand wallets are now available via BitGo’s web interface or API. “Algorand is an open-source software company building technical innovation for the… Read More

Algorand Raises $60 Million in Token Auction

Singapore based Algorand successfully raised $60 million in a dutch auction token sale this week. The Algorand Foundation said the auction was “met with overwhelming demand” as they distributed the first 25 million Algos to global auction participants. Algorand boldly claimed this was the “start… Read More

Algorand Foundation Schedules Dutch Auction for Native Algo Tokens

The Algorand Foundation has announced its Dutch Auction will take place on June 19th. The Foundation said this will be the first of a series of auctions for the Algo the native token of the Algorand platform. The Algorand Foundation has a vision of a… Read More

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