Tagged: Algofi

November 30, 2021 @ 3:05 pm By Tony Zerucha  |  

Algofi, a lending market and stablecoin protocol built on the Algorand blockchain, today announced $2.8 million in seed funding during Decipher, Algorand’s annual community conference. Union Square Ventures, Arrington XRP Capital, and Pillar VC led the round, with participation from Y Combinator, Formulate Ventures, and… Read More

September 29, 2021 @ 7:36 pm By Tony Zerucha  |  

Blockchain-based app technology provider Algorand today announced the availability of the Algorand Virtual Machine (AVM). This upgrade to Algorand’s Layer-1 protocol, now available on MainNet, provides tools for developers and organizations looking to build applications of the future on fast, scalable, low cost and stable… Read More