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Tag: ALGORAND FOUNDATION

Hodlnaut Creditors Want Liquidation, Spurning Management’s Restructuring Solution

Hodlnaut, a crypto lending platform that went under due to crypto winter, has been under judicial management since August 2022. This decision shielded the...

SEC’s Bittrex Lawsuit Says ALGO, DASH are Unregistered Securities

Commission Chair Gensler to Testify Before House Committee Tuesday Decentralization doesn’t exempt a protocol or token from SEC oversight, the regulator suggested in a lawsuit...

Judge Rejects Algorand’s $50 Million USDC Claim From 3AC

A Singapore High Court judge dismissed Algorand’s claim to assets on the grounds that cryptocurrency cannot be considered real money. ...

Singapore High Court Rejects Cryptocurrency as Money in Legal Dispute

Singapore High Court denies crypto as money in Algorand Foundation case. Algorand Foundation’s $53.5m USDC claim rejected, impacting crypto market. Ruling highlights regulatory...

Algorand up over 12% following on from India partnership

Ad Algorand (ALGO) — the blockchain-based cryptocurrency protocol that leverages proof-of-stake technology — is up over 12% in 24-hour trading following the announcement of...

SEC Drops Bombshell Warning: ‘Proof of Reserves’ Worthless for Crypto Investors

SNEAK PEEK The SEC has issued a warning to investors about the concept of “proof of reserves” in the world of cryptocurrency. Tether is...

Coinbase moves to on-chain staking for Tezos, Cosmos, Solana, and Cardano

Ad Coinbase has begun its transition to on-chain staking for four cryptocurrency assets, according to an announcement on March 23.Four assets affected, one discontinuedCoinbase’s...

Exploring the possibilities of a decentralized future at Web3 Delight – Connecting growth markets and promoting Web3 technologies

Web3 Delight, the popular Web3-focused hybrid event that aims to engage, empower and support an advanced economy that is proactive, customized,...

Algorand Foundation Appoints Security Firm Halborn To Battle Breaches

Algorand Foundation brings in Halborn to investigate MyAlgo wallet breaches. It is collaborating with Chainalysis to trace compromised wallet transfers. The foundation advises contacting...

Algorand Wallets Hacked Again

Algorand-based wallets have been hit by security breaches in recent weeks, with MyAlgo and Algodex both experiencing hacks. MyAlgo urged users to withdraw their...

Recent Hack of MyAlgo Leaves User Funds at Risk

SNEAK PEEK: MyAlgo advises users to withdraw funds because they have yet to discover the cause of the recent hack. All users affected by...

Algorand Foundation Expands its Presence in India

In India, the Algorand Foundation has announced a number of new partnerships, one of which is a cooperation with educational institutions to establish instructional...

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