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Algorand

Algorand is a self-sustaining, decentralized, blockchain-based network that supports a wide range of applications. Algorand was invented to speed up transactions and improve efficiency, in response to the slow transaction times of Bitcoin and other blockchains. Algorand is designed so that there are lower transaction fees, as well as no mining (like Bitcoin's energy-intensive process), as it is based on a permissionless pure proof-of-stake (PoS) blockchain protocol.

Several of the largest creditors of troubled Singaporean crypto exchange Holdnaut have indicated that the want the company to be placed in liquidation as opposed to a restructuring, according to an announcement.

Algorand Foundation Among Creditors That Oppose Restructuring of Trouble Crypto Exchange Hodlnaut

Years before the SEC labeled it a security, Gensler called Algorand “great technology” and “brilliant work.”

Did Gary Gensler Pull a Kim Kardashian by 'Shilling' Algorand?

Dash

According to the recent complaint by the U.S. Securities and Exchange Commission (SEC) against Bittrex, the securities regulator insists that a few crypto asset tokens were offered and sold as investment contracts and are securities.

SEC Deems DASH, ALGO, and OMG ‘Unregistered Securities' in Bittrex Lawsuit

After Algorand's token received a mention in the SEC's case against crypto exchange Bittrex, prominent Twitter accounts pointed to comments Gensler made describing it as a "great technology."

Gary Gensler's four-year-old Algorand remarks draw crypto Twitter's ire after SEC suit

The U.S. Securities and Exchange Commission (SEC) has charged crypto exchange Bittrex and its co-founder and former CEO William Shihara with operating an unregistered national securities exchange, broker, and clearing agency.

SEC Goes After Bittrex in New Enforcement Action, Says Algorand and Five Crypto Assets Are Securities

A legal expert said the coins' inclusion resembles another SEC lawsuit brought against a former Coinbase employee.

SEC Labels Algorand and Five Other Tokens as Securities in Bittrex Lawsuit

Crypto firms strengthened their C-level and advisory teams in March.

Coinbase Canada head, Algorand CFO highlight March crypto hires, exits and moves 

The tool suite was designed to be an easy onramp for web2 developers transitioning to web3 and developers from other chains who want to test out Algorand.

Algorand Aims to Help Developers Transition to Web3 With AlgoKit

Blockchain protocol Algorand (ALGO) has entered the world's most populous country, India, with a project that aims to support the nation's transformation from the back office of the Web2 world to the innovation hub of the Web3 world.

The Algorand Foundation Branches Out to India

Coinbase did not give a specific reason for terminating the rewards.

Crypto Exchange Coinbase Suspends Algorand Staking Rewards

The new CFO, Matthew Commons, had several years of crypto and TradFi experiences.

Layer 1 Blockchain Protocol Algorand Hires Its First CFO

An Algorand (ALGO)-based crypto wallet that was recently hit with a nearly $10 million attack is now urging users to withdraw their digital assets. MyAlgo, a leading Algorand wallet gateway, tells its Twitter followers to withdraw any funds held in Mnemonic wallets.

Algorand (ALGO)-Based Crypto Wallet Urges Users To Withdraw Assets After $9,600,000 Attack

The Algorand Foundation's CTO said the exploit was “not the result of an underlying issue with the Algorand protocol or SDK.”

Algorand Wallet MyAlgo Urges Users to Withdraw Funds After $9.2M Exploit

MyAlgo, a wallet for blockchain protocol Algorand, has advised users to withdraw funds it was struck by an exploit last week.

Algorand Wallet MyAlgo Struck by $9.6M Exploit

The largest NFT marketplace on the Algorand blockchain acquired NFT Explorer to own "the complete vertical NFT stack."

Algorand NFT marketplace Rand Gallery buys data aggregator NFT Explorer

Staci Warden says crypto-native firms are being punished rather than given guidance.

Algorand Foundation CEO: SEC's Crypto Crackdown Highlights Lack of Regulatory Clarity

Previously at WhatsApp, Chin said that she was drawn to crypto due to an interest in privacy and digital identity. 

Algorand Foundation poaches WhatsApp exec to lead marketing efforts

Ethereum

The National Australia Bank announced that it will soon launch a new stablecoin backed by the Australian dollar on Ethereum and Algorand.

National Australia Bank to Launch Stablecoin on Ethereum, Algorand: Report

Aave

Cosmos

A popular crypto analyst is ranking Cosmos (ATOM) and Algorand (ALGO) among his top five altcoins to invest in during a recession.

Coin Bureau Names Top Altcoins To Invest in During a Recession

Tezos

The cryptocurrencies that performed the worst this week are the following altcoins.

Weekly Cryptocurrency Market Analysis: Altcoins Hit Price Lows And Continue Consolidation

Bitcoin

Bitcoin (CRYPTO: BTC), the most valued cryptocurrency in the world, recorded losses, but traded above the key $17,000 level on Friday. The Federal Reserve, on Wednesday, raised its target fed funds rate by 0.5% to a new range of between 4.25% and 4.5%, in light with expectations from Wall Street.

Bitcoin Records Losses But Remains Above This Key Level; Trust Wallet Token, Algorand Among Top Losers

The cryptocurrencies listed below are now trading in the downtrend zone of the chart. Algorand and Chain, for example, have fallen dramatically to the bottom of the chart. There is a chance that Chiliz, Trust Wallet Token and Binary will recover. Let us take a look at some of the cryptocurrencies that had the worst performance overall.

Weekly Analysis Of The Cryptocurrency Market: Altcoins Will Rally In Negative Trend Zones

Near protocol fell to its lowest level in over sixteen months, as bearish pressure intensified on Nov. 21. Overall, cryptocurrencies started the week trading lower, following increased speculation on a prolonged market crash. Algorand was another notable token to fall, dropping by over 11% today.

Biggest Movers: NEAR Slips to 16-Month Bottom, ALGO Over 11% Lower on Monday

Algorand has been a notable exception in what has been a relatively bearish start to the weekend. On Nov. 19, the token rose by nearly 10%, as cryptocurrency markets mostly traded lower. Another noteworthy exception was tron, which climbed for a second consecutive day.

Biggest Movers: ALGO Nearly 10% Higher, TRX Extends Recent Gains

A popular crypto analyst claims that major Ethereum (ETH) rival Algorand (ALGO) is displaying a number of worrying signs. Citing research from crypto analytics firm Messari in a new YouTube video, the host of InvestAnswers tells his 444,000 subscribers that large holders own 99.

News for Algorand Crypto (ALGO)