Tagged: algorand

June 24, 2020 @ 8:00 am By JD Alois  |  

The Algorand Foundation and Circle have partnered to bring a stablecoin, USD Coin (USDC) using the Algorand blockchain. The implementation is scheduled for Q3. The move was described as a shift away for Ethereum and its congested network and affiliated high fees and performance limitations…. Read More

June 14, 2020 @ 4:40 pm By Omar Faridi  |  

  The controversial Facebook-led Libra project is reportedly the most active project in terms of developer activity, according to CoinCodeCap data. There are 41 active developers working on Libra, meanwhile, Ethereum (ETH), the world’s largest smart contract platform, has 36 active developers, the data site… Read More

April 15, 2020 @ 5:16 pm By Omar Faridi  |  

Algorand (ALGO), a leading proof of stake (PoS)-based blockchain platform, recently revealed that it’s developing a trusted, public, and permissionless infrastructure (with the help of its community members) for the borderless global economy. The Algorand team announced: “In support of our mission, we are launching… Read More

March 30, 2020 @ 10:36 pm By Omar Faridi  |  

Algorand (ALGO), a proof-of-stake (PoS)-based blockchain network, has released a global survey which will be used to compile information into a database. The survey will collect information on the current status, spread, and symptoms of the coronavirus (COVID-19). On March 27, 2020, Algorand’s developers noted… Read More

March 2, 2020 @ 3:40 pm By JD Alois  |  

SFB Technologies, in partnership with Algorand, has launched the first “national digital currency” in the Marshall Islands labeled the Marshallese sovereign or SOV. The Marshall Islands has longed messaged its intent to pursue a digital currency. The SOV is said to circulate alongside the US… Read More

February 6, 2020 @ 12:35 pm By JD Alois  |  

SEC Commissioner Peirce has proposed new rules regarding digital assets that may not be securities upon issuance. The proposal was revealed at a speech in Chicago today. As we understand it, Peirce’s proposal, Rule 195, will “set a course for compliant blockchain projects to innovate… Read More

November 21, 2019 @ 10:34 am By JD Alois  |  

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

October 6, 2019 @ 8:08 am By Omar Faridi  |  

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

October 3, 2019 @ 11:55 pm By Samantha Hurst  |  

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

September 17, 2019 @ 8:09 pm By Omar Faridi  |  

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

August 1, 2019 @ 9:22 pm By Samantha Hurst  |  

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

June 21, 2019 @ 9:22 am By JD Alois  |  

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

June 7, 2019 @ 12:05 am By JD Alois  |  

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