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Algorand Foundation, the organization standing behind the development of the Algorand blockchain protocol revealed having a $35 M USDC exposure to the cryptocurrency lending and borrowing platform Hodlnaut. In early August, Hodlnaut suspended withdrawals. In a publication, Algorand informed that...
The blockchain protocol Algorand announced a technical upgrade to expand its smart contracts functionalities, allowing one smart contract to call another. Due to this option, developers can build more sophisticated apps. The upgrade also provided a new infrastructure that allows the protocol to...
The Algorand Foundation announced a $10 M grant as a reward among teams that will study and speed up the work needed to provide EVM compatibility on Algorand. With the upgrade, Algorand will support smart contracts written for Ethereum, thus opening up more DeFi opportunities and at the same time...
The capitalization of Algorand (ALGO) rose to a new all-time high after the announcement of cryptocurrency's support by the largest US exchange Coinbase. On the night of Friday, July 17, the price of a coin increased at the moment by almost 30%. Around 19:35 PDT, the market value of ALGO rose to...
On August 14, US leading Bitcoin exchange Coinbase Pro will add support for the Algorand token and allow users to make deposits for at least 12 hours before the opening of trading. So, trading in the ALGO in pair with USD will be launched in several stages: initially, traders will be able to place...
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