Algorand Foundation Takes a Blow After Hodlnaut Suffers Asset Freeze
Algorand Foundation announced a $35 million USDC blow after Hodlnaut, a crypto lender based in Singapore, suspended all withdrawal transactions from the platform on August 8th, 2022.
![]() |
$ 0.1817
|
Timeline of Algorand
Algorand reveals $35M hole in balance sheet owing to exposure to Hodlnaut - AMBCrypto
The Algorand Foundation is in the news today after it informed its community about the exposure it had to Singapore-based crypto-lender Hodlnaut. The latter is currently facing a liquidity crisis.
Algorand Foundation Discloses $35M Exposure in Hodlnaut - BeInCrypto
Algorand Foundation has announced that it has a $35 million USDC exposure in troubled Singapore-based lender Holdnaut. The post Algorand Foundation Discloses $35M Exposure in Hodlnaut appeared first on BeInCrypto.
Algorand Foundation has $35 million exposure to troubled crypto lender Hodlnaut - The Block
The Algorand Foundation has $35 million exposure in USDC to Hodlnaut. The post Algorand Foundation has $35 million exposure to troubled crypto lender Hodlnaut appeared first on The Block.
Algorand Fast Upgrade Could Be A Game-Changer – Here's How - NewsBTC
Algorand (ALGO) has always been lauded for its imagination and innovation. Algorand's mainnet update can process as much as 6,000 TPS ALGO beats BTC and ETH when it comes to speedy transactions ALGO price is now up by 6.88% following the announcement of mainnet update And it's now stepping up the game.
Algorand Added Trustless Cross-Chain Crypto Communication And Other Enhancements After A New Upgrade - Bitcoinist
Algorand has undergone an upgrade which places its Layer 1 protocol as one of the fastest in crypto. Proof of stake network Algorand's upgrade involved making changes in the network's mainnet transaction capacity.
How Algorand's fast, furious upgrade could render it untouchable - AMBCrypto
Algorand's [ALGO] mission to leave other blockchain networks behind while processing decentralized and traditional transactions faster has reached another level. In its latest release which a large part of its community considered impressive, Algorand announced that there has been a major upgrade to its mainnet.
Algorand Rolls Out Latest Version with 6,000 TPS and Larger Blocks - Coinfomania
The Algorand blockchain has released a significant upgrade to the network with improved performance and security to enable faster transactions. According to the announcement, the new upgrade dubbed Algorand 3.9 features state proofs designed to facilitate trustless interoperability between blockchains, making it easy for developers to build cross-chain products, including direct bridges, thereby reducing the workload for existing bridging protocols.
Algorand (ALGO) Upgrades Network to Offer Faster Speeds & More - Crypto news
The latest release of the Algorand (ALGO) protocol (Algorand 3.9) comes with several improvements that offer users and developers increased speed and performance. The team claims Algorand 3.9.
Algorand upgrade introduces trustless cross-chain communication and 5x speed - Invezz
Algorand (ALGO), a pure proof-of-stake (PoS) blockchain has tremendously improved its network performance and introduced more cross-chain functionality following a significant upgrade.
Algorand upgrade could increase speed and cross-chain transaction capability - The Block
Algorand has announced a new upgrade that could boost its transactions per second (TPS) and cross-chain communication security via state proofs. The post Algorand upgrade could increase speed and cross-chain transaction capability appeared first on The Block.