Tagged: algorand

December 14, 2022 @ 9:37 am By JD Alois  |  

Algorand has been selected to support a digital guarantees platform in Italy. Algorand is a proof-of-stake blockchain that is designed to provide more efficient transactions. The new platform is expected to become operational in early 2023 and is described as the first time an EU… Read More

November 28, 2022 @ 8:18 am By JD Alois  |  

Ettle, a blockchain startup, has announced a pilot transaction for an Australian dollar-based stablecoin AUDE. According to a company statement, Ettle partnered with Meadow Labs in the experiment to make a payment using the AUDE to one of its contractors. Ettle says it is utilizing… Read More

September 25, 2022 @ 8:24 pm By Omar Faridi  |  

This month, Artory announced two major projects that deliver the benefits of the Algorand Blockchain to the traditional art market: the blockchain registration of Provenance Revealed: Galerie Steinitz in partnership with Christie’s and the launch of “a diversified and tokenized art fund which will secure… Read More

July 17, 2022 @ 10:22 pm By Omar Faridi  |  

CoinShares (Nasdaq First North Growth Market: CS; US OTCQX: CNSRF), which claims to be Europe’s largest digital asset investment firm with $1.5 billion in AUM, has announced the listing of their physically-backed staked Algorand ETP on Germany’s primary market Xetra. CoinShares Physical Staked Algorand (Ticker:… Read More

July 8, 2022 @ 1:19 pm By Omar Faridi  |  

Dequency has introduced its Web3-powered music licensing marketplace, “opening its portal to music rights holders everywhere, having completed a 4-month restricted beta phase.” Dequency is building (what it claims to be) “a unique, decentralized music licensing marketplace for music rights holders and visual creators to… Read More

July 8, 2022 @ 8:07 am By Omar Faridi  |  

The Algorand Foundation, whose mission is to grow the ecosystem of the “carbon-negative” Layer 1 blockchain invented by Turing Award winner and MIT professor Silvio Micali, Algorand, recently announced the appointment of Eric Wragge as Global Head of Business Development and Capital Markets. Wragge joins… Read More

June 21, 2022 @ 1:24 pm By Omar Faridi  |  

Nearly all crypto tokens fall into one of two categories: Layer 1s and Layer 2s, according to an update from Chainalysis. Chainalysis writes in a report that Layer 1s are tokens “with their own blockchains, while Layer 2s are built on top of Layer 1… Read More

February 11, 2022 @ 9:09 am By Omar Faridi  |  

The Algorand Foundation has confirmed the appointment of Staci Warden as its Chief Executive Officer. Warden, who has served on the Algorand Foundation’s Board since September of last year, steps into the additional role of CEO effective February 11, 2022. Warden has reportedly led international… Read More

January 20, 2022 @ 5:16 pm By Tony Zerucha  |  

Folks Finance, a capital markets protocol for borrowing and lending built on the top of the Algorand blockchain, today announced the closing of its $3 million seed funding round, led by Borderless Capital with participation from a group including Jump Crypto, ParaFi Capital, Coinbase Ventures,… Read More

December 15, 2021 @ 12:38 pm By JD Alois  |  

Securitize has launched two tokenized index funds – the first of their kind. According to a statement from Securitize, the Fintech has leveraged blockchain technology to offer the following S&P indices: The Securitize S&P Cryptocurrency Large Cap Ex-MegaCap Index The Securitize S&P Kensho New Economies… Read More

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

November 28, 2021 @ 10:39 am By Omar Faridi  |  

If you’re a blockchain developer or brand building your application on the Algorand blockchain, then you may be interested in knowing that Wyre’s integration with Algorand is now live. As mentioned in the announcement, this means that application developers on the Algorand blockchain are able… Read More

November 23, 2021 @ 7:40 pm By Tony Zerucha  |  

Glitter Finance recently announced it is working to integrate the Algorand DeFi ecosystem with Solana to deliver improved interoperability in the DeFi blockchain space. The integration is said to ensure traders using Glitter Finance can transfer their digital currencies from Algorand to other Layer 1… Read More

November 23, 2021 @ 5:42 pm By Tony Zerucha  |  

C3 Protocol, a decentralized capital market powered by a cross-margin cross-collateralization clearing engine protocol, this week announced a $3.6 million raise, which was led by Arrington Capital and Jump Capital. The platform’s goal is to build an all-in-one capital market for spot and derivatives trading…. Read More

November 10, 2021 @ 10:29 am By Tony Zerucha  |  

Tether Operations today announced it has launched Tether tokens (USDt) on Avalanche, a decentralized smart contracts platform built for the scale of global finance and business. Avalanche is designed as a highly scalable ecosystem, able to deliver rapid transaction finality and low transaction fees. It is… Read More

October 25, 2021 @ 10:11 am By Omar Faridi  |  

Digital assets firm Kraken is pleased to confirm that it now supports staking for holders of Algorand’s native token, ALGO. You may head into the Earn section of your account to “put your ALGO to work today.” What is Algorand? Algorand is a Proof-of-Stake (PoS)… Read More

October 23, 2021 @ 11:38 am By Omar Faridi  |  

We recently connected with Sergey Gorbunov, Co-founder and CEO of Axelar, the decentralized interoperability network that connects blockchain ecosystems, applications and users. In August, Axelar had entered into a strategic partnership with Keplr, the largest Cosmos interchain wallet. The partnership had aimed to integrate the… Read More

October 5, 2021 @ 11:47 am By Tony Zerucha  |  

Italia Olivicola, the largest organization of olive and olive oil producers in Italy, is working with Euranet, a technology compliance management services provider, to move its supply chain operations onto the Algorand blockchain.  This model was developed employing Euranet’s ChoralChain platform and can be applied… 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

September 28, 2021 @ 10:42 pm By Tony Zerucha  |  

Yieldly.Finance, a DeFi platform built atop the Algorand blockchain, today launched four new partnerships and liquidity pools with ASA-based assets: Smile Coin Network (SMILE), the Asia Reserve Currency Coin (ARCC) from the International Blockchain Monetary Reserve, Opulous (OPUL) and Xfinite (XET). The launch of these… Read More