Algorand (ALGO)

Algorand (ALGO)

Algorand Smart Contract Upgrades Push The Network Into the DeFi Space; ALGO Jumps Over 20%

Algorand Foundation, a non-profit organization developing the Algorand blockchain, is dipping its toes in the decentralized finance (DeFi) ecosystem through the launch of upgraded smart contract functionalities. The developers aim at reducing the cost of transactions, enabling scaling to billions of transactions a day, and secure transactions across the DeFi space. Silvio Micali, founder of […]

Algorand (ALGO)

Blockchain Game Alliance Adds Algorand; Helping to Bring Credibility to An Innovative Market

News has now surfaced that Blockchain solutions firm, Algorand has onboarded mega Blockchain Gaming Consortium, the Blockchain Game Alliance (BGA). The July 2nd announcement was posted on their website. We are thrilled to join the @BGameAlliance and work alongside those who are disrupting the #gaming industry and accelerating #blockchain adoption! Learn more about our partnership […]

Algorand (ALGO)

USDC Stablecoin to Launch on Algorand’s Blockchain in a Debut of the Multi-Chain Framework

The USDC stablecoin will launch on Algorand blockchain in a debut of its multi-chain framework. This dollar-backed digital asset has gained popularity in recent months to become the second-largest stablecoin as of press date. An integration with Algorand will further scale its prospects, given the underlying value in fiat conversion to stable tokens. As the […]

Algorand (ALGO)

Algorand Blockchain Onboards First Insurtech Use Case; Addressing A $40B Opportunity

According to a press release on May 20, a firm dubbed ‘Attestiv’ whose focus is media validation is set to leverage Algorand for blockchain services. This milestone presents an opportunity for Algorand and Attestiv to address P&C insurance fraud which costs the U.S $40 billion. Through Algorand’s PoS and permissionless ecosystem, Attestiv is optimistic about […]

Algorand (ALGO)

Props Network Raises $2M, Moves PropsChain from HyperLedger to Algorand Blockchain to Support Growth

The Algorand proof-of-stake blockchain is set to onboard a new network – dubbed Props by YouNow – increasing the market share of this Ethereum competitor significantly. Props network currently runs on a private blockchain, but will soon be leveraging Algorand’s public ecosystem to better serve its growing client base. The news follows a $2 million […]