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Launched in 2017 by computer scientist Silvio Micali, Algorand (ALGO) employs a pure proof-of-stake (PoS) consensus mechanism, which aims to ensure swift and efficient transactions without compromising on decentralization.
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$0.208504
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$279,876,004
Market Cap
$1,725,582,238
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$0.208276 /
$0.227533
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-4.05%
7d
38.17%
Latest Algorand News
News
More than 24,000 United Nations staff are set to gain blockchain skills as the UN expands its academy, developed in partnership with the Algorand Foundation. The United Nations Development Programme is expanding its blockchain education academy to provide training to…
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The Algorand Foundation has introduced LiquidAuth, a new tool to decentralize wallet authentication and communication in crypto.
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Tether plans to sunset USDT minting on two major blockchain ecosystems over a year-long transitionary period.Â
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Layer-1 blockchain network Algorand has critiqued Bitcoin, Ethereum, and Solana in its latest ad, indicating the three are inefficient for day-to-day use. The Algorand Foundation dropped a new ad on May 23, calling it “when blockchains meet the real world,…
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Ripple joined Swirlds Labs and the Algorand Foundation as a founding member of the DeRec Alliance.
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The Algorand Foundation, a blockchain platform with fast and cheap transactions, reported that its head’s X account was hacked. According to a Jan. 26 post, its CEO, Staci Warden’s Twitter account has been hacked. Project representatives warned users not to…
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The DeRec Alliance, formed by key players in Hedera and Algorand ecosystems, aims to create a decentralized digital asset recovery system.
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The United Nations Development Programme has partnered with Algorand Foundation to provide its staff with blockchain knowledge and insights. In a press release on Nov. 30, 2023 the Algorand Foundation has announced the launch of a blockchain academy to bolster…
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Algorand
Markets
The Algorand-based AI-powered content publishing platform LimeWire is back on trends with its native utility token, LMWR, reaching its 25-week high. LMWR is up by 85% in the past 24 hours and is trading at $0.36 at the time of…
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Algorand’s largest decentralized finance (defi) protocol Algofi will shut down as the platform says it is unable to maintain the highest standards following a “confluence of events.” Algofi sunsetting operations Algofi announced the news in a Medium blog post on…
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Algorand
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Borderless Capital, Polygon Ventures, and others launch $50m cross-chain interoperability initiative
Top blockchain teams and venture funds, including Algorand Foundation, Arrington Capital, and others, have come together to establish a $50 million Cross-Chain Ecosystem Fund.
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Coinbase's chief legal officer has responded to the recent de-listing of XRP by the Firm. This comes after concerns were expressed over why Algo was retained on the exchange amid the XRP de-listing.
Markets
Algorand seems to be on for a good market day recording an increase of over 6% in price valuation within a 24-hour period. This comes amid an India move by the web3 startup.
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Algorand
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Algorand has introduced AlgoKit, a comprehensive toolkit designed to support developers as they transition to the emerging web3 landscape.
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Algorand (ALGO) wallet provider MyAlgo has asked users to withdraw all funds in their wallets or rekey them to new wallets as soon as possible following a breach that compromised $9.2 million. In a tweet posted on March 7, MyAlgo,…
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The Algorand Foundation has announced the appointment of Jessica Tsai Chin as its new chief marketing officer. Chin, a marketing veteran, previously worked with WhatsApp, Nike and Apple. Despite the current crypto market downturn, Web3 projects have continued to build…
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