Tagged: algorand

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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