ALGORAND
Algorand is the first open, permissionless, pure proof-of-stake (POS) blockchain, with immediate transaction finality, without forking. Algorand was created by cryptography pioneer, Turing award winner and MIT professor, Silvio Micali. The Algorand blockchain token is called "ALGO".
Algorand Initiates Voting for Expanded Governance and NFT Rewards Programs
The Algorand Foundation is voting on governance measures, including auto-renewal mechanisms and increased NFT rewards, amid a plummeting native token, $ALGO.
Algorand Wallets Hacked Again
Algodex warns of a security breach on March 5, while MyAlgo urges users to withdraw assets or rekey funds following a February hack.
MyAlgo warns users of ongoing wallet exploit
MyAlgo, a wallet provider for the Algorand network, has warned users to withdraw funds from wallets created with a seed phrase due to an ongoing exploit. The company is uncertain about the cause of recent wallet hacks and advises everyone to take precautionary measures. The exploit is suspected to have stolen over $9.2 million worth of funds, with around 25 accounts affected.
Algorand Foundation Expands its Presence in India
Algorand worked with Hyderabad-based innovation hub T-Hub to assist companies access global financing.
Altcoin Watch: Top 3 Tokens to Watch This Week XRP, ALGO, and COMP
With the general regressive pathway of major digital assets, here are some of the altcoins to watch this week.
Protocol Upgrade to Boost Transactions Speed & Cross-Chain Communcation Security: Algorand
Algorand said that the new protocol upgrade will boost its transactions per second (TPS) and cross-chain communication security via state proofs.
FIFA Launches Digital Collectibles Platform in Collaboration With Algorand
The global sports governing body of football, FIFA has launched a virtual assets platform dubbed FIFA+ Collect in partnership with Algorand Blockchain
Algorand CEO Steven Kokinos Steps down, COO Takes over the Helm
Algorand CEO Steven Kokinos is departing the company to pursue another business opportunity elsewhere. Sean Ford is taking over as interim CEO effective immediately.
Three Top JPMorgan Executives Jump Ship to Crypto Startups
Three executives left JPMorgan for joining crypto startups, believing the industry would have a promising development.
Despite Crypto Market Onslaught, These Altcoins Stayed Bullish
Not all of the top altcoins saw a plunge in their value in the Week-to-Date (WTD) period and here are three of the most resilient coins which printed good growth amid a sweeping bearish slump.
Australia Zoo Rolls Out NFT Project to Pay Tribute to Wildlife Warriors’ Conservation Efforts
To celebrate the 20th anniversary of Wildlife Warriors’ role in protecting injured, threatened, or endangered wildlife, Australia Zoo has launched an NFT project to raise funds and awareness to protect Australia’s wild places and wildlife.
Algorand to Lead FIFA's Digital Strategy in New World Cup Partnership
Algorand protocol has been unveiled as the official blockchain sponsor of FIFA.
Algorand Implements Sustainable Carbon Offset Smart Contracts
Blockchain-based crypto platform Algorand said it will implement smart contracts that automatically offset carbon emissions, and use part of the transaction fees to offset its carbon emissions.
Drone Racing League Partners with Hivemind's Playground Labs, Launch First P2E Game on Algorand Blockchain
Professional drone racing League joins the Metaverse world by launching its first game on the Algorand blockchain in partnership with Playground Labs.
The Drone Racing League and Algorand have Reached a $100M Sponsorship Agreement
The New York-based Drone Racing League( DRL) announced reaching a five-year sponsorship agreement with crypto platform Algorand, worth $100 million.