Brazilian neobank giant Nubank has expanded its crypto offerings, adding support for ADA, NEAR, ATOM, and ALGO.

A recent exploit on Abracadabra.Money, a cryptocurrency lending platform, targeted pools that were built using GMX GMX tokens.

Abracadabra.Money lost $13 million in an exploit that targeted liquidity pools using GMX tokens.

Abracadabra Finance has confirmed a security exploit affecting its gmCauldron smart contracts, resulting in the theft of approximately $13 million and is taking steps to recover the funds.

The attack targeted pools tied to GMX liquidity tokens, specifically “cauldrons” using GM tokens as collateral.

An attacker drain approximately 6,262 ETH, valued at around $13 million, from Abracadabra's liquidity pools on GMX.

Magic Internet Money (MIM) was exploited for 6,260 ETH, taken from lending vaults on Arbitrum. While MIM used GMX smart contracts, neither the GMX project nor the GM token were affected by the hack.

About $13 million worth of cryptocurrency has been drained from decentralized lending protocol Abracadabra.Finance following an exploit targeting pools using GMX tokens.In a March 25 X post, crypto cybersecurity firm PeckShield reported that contracts related to GMX and Abracadabra.Money had been compromised, resulting in the loss of about 6,260 Ether (ETH), worth around $13 million. The news follows Abracadabra.Money losing $6.49 million after its smart contracts were compromised in late January 2024.

The crypto market registered a marginal increase over the past 24 hours as prices steadied, with its current market cap at $2.83 trillion. Bitcoin (BTC) reached an intraday peak of $88,635 before declining and steadying itself around $86,500.

Yearn Finance founder Andre Cronje teased an algorithmic stablecoin product, much to the chagrin of some users due to UST's 2022 collapse.

Algorand and its token, ALGO, are positioned by developers as the foundation for a future borderless economy. However, the ALGO coin has been struggling in the past month.

Binance Announcement Today: The cryptocurrency exchange behemoth again nabbed substantial investor attention with its latest update on six tokens. On Monday, March 24, the CEX revealed plans to update the collateral ratios for CRV, UNI, ALGO, KSM, XTZ, and XEC crypto under ‘Portfolio Margin.

Bitcoin and crypto tokens dropped after a disappointing speech by Donald Trump at a closely-watched summit. They have also pulled back after the FOMC decision and ahead of the upcoming triple-witching event in the US.

Bitcoin and many altcoins cautiously bounced back on Wednesday ahead of the Federal Reserve interest rate decision. Bitcoin (BTC) rose to $84,500 as it struggled to move above the psychological barrier of $85,000.

The crypto market has had a bearish start to the week, with most cryptocurrencies trading in the red. However, some have managed substantial gains, including Toncoin (TON), Polkadot (DOT), Hedera (HBAR), and Litecoin (LTC).

The crypto market remains volatile, with the Pepe coin price crashing by over 75% from its highest level in December last year. This decline is happening as recession risks rise and the crypto fear and greed index remains in the red.

RWA tokens

The current difficulties of altcoins can manifest in decidedly different ways.

The dream of buying a cryptocurrency under $1 and seeing it surge to a dollar or more is a tempting prospect. The potential for substantial returns with small initial investments has always been a draw in the crypto market. Many established coins, like Dogecoin, started small and delivered significant gains to early buyers.

Algorand (ALGO) has recently gained significant momentum, breaking through its falling wedge pattern and surpassing a crucial resistance level at $0.24. This breakout has ignited bullish sentiment, with technical indicators suggesting the potential for further upside.

ALGO has broken above its falling wedge pattern with substantial buying pressure as technical indicators suggest a cautious transition phase among traders.

Cryptocurrency prices stabilized on the first day of the month after crashing by double digits on Friday, ahead of Bitcoin's options expiry. Hedera Hashgraph (HBAR) price led the charge among altcoins, rising by 25% on Saturday.

Algorand (ALGO) has made waves in early 2025, hitting a major milestone by processing 34,008 transactions within a single block in under three seconds. Achieving a 100% success rate in this impressive feat further solidifies ALGO's position as a high-performance blockchain.

Algorand's price action hints at a potential breakout as bullish patterns emerge. Strengthening market sentiment and technical signals suggest a reversal may be imminent.

Algorand price remains under intense pressure after crashing by over 90% from its all-time high to the current $0.2585. Its market cap has crashed from over $12 billion at its peak to the current $2.1 billion. This article explores why the ALGO token price has crashed and why a rebound is likely.

The crypto market is showing signs of a recovery after weeks of bearish sentiment. Bitcoin (BTC) is up nearly 2%, reclaiming $97,000 as bullish sentiment returned after weeks of muted price action.

Algorand price at $0.25 aims for a quick reversal run with a potential trendline breakout. Will this breakout propel ALGO price to $1?

AI-powered trading bots are revolutionizing the crypto market, offering precision, speed, and emotion-free trading. Discover how Bitget's AI-driven trading bots simplify crypto investing and help traders maximize their profits.

Bitcoin dipped below $95,000 early in today's trading as a key support level crumpled. The flagship cryptocurrency is struggling to reclaim $96,000 and is currently trading around $95,450.

Algorand could soar by 50% to reach the $0.45 level if it holds itself above the $0.315 level.

Algorand price suffers sharp reversal as crypto sentiment weakens Algorand (ALGO), a pioneering layer-1 blockchain network, has dropped to $0.3, down by 53% from its highest level in December.

Algorand (ALGO) is once again garnering attention for its potential to rebound. After facing a period of decline, technical indicators are suggesting that the cryptocurrency could be on the verge of a significant price breakout.

Algorand shows promising signs of a potential rebound, supported by technical indicators.

Algorand Foundation has pitched its network to the Department of Government Efficiency (D.O.G.E) as suitable for taking the US government operations on-chain. In a post on X, the Foundation noted that the pure proof-of-stake (PPoS) network is ideal.

Bitcoin (BTC) declined marginally to fall from $99,000 to its current level of $98,100. The flagship cryptocurrency is down over 2% in the past 24 hours as it struggles to build momentum.

The Algorand Foundation has publicly urged Elon Musk's Department of Government Efficiency (DOGE) to adopt its blockchain for government operations. In a Feb. 4 post on X, the foundation highlighted how Algorand's technology could enhance transparency, particularly in tracking federal expenditures.

India's markets regulator on Tuesday introduced rules for the approval and tracking of the use of algorithmic trading by retail investors to protect them amid rising demand.

Cryptocurrency traders have been keeping a close eye on Algorand (ALGO) lately, and for good reason. The digital asset is currently consolidating in a symmetrical triangle pattern, a technical formation that often precedes significant price movements.

Algorand consolidates within a symmetrical triangle, hinting at a 54% breakout. Rising MVRV, institutional backing, and market interest suggest bullish momentum.

Algorand (ALGO) shows potential bullish breakout signal, with analysts projecting major price movements fueled by US crypto policy developments.

Bitcoin (BTC) bounced following comments from Federal Reserve Chair Jerome Powell at the FOMC meeting, signaling that banks could serve crypto customers if they comply with risk disclosure requirements. As a result, the crypto market registered notable gains, with BTC up nearly 3% as it crossed the $105,000 mark.

More than 75% of ALGO's active addresses are at the money, denoting $0.38 as a key support or resistance level depending on where the price is.

Story Highlights The current price of Algorand is . The Algorand price could reach a maximum of $0.89 in 2025. This altcoin may reach a high of $5.68 by 2030. The Algorand price has surged >250% in valuation in Q4 2024.

Bitcoin (BTC) witnessed a sudden slump late on Sunday as the price plummeted from around $105,000 to an intraday low of $100,905. The flagship cryptocurrency is struggling to recover and is trading around $101,400, having dropped over 3% over the past 24 hours.

Algorand has unveiled the most inclusive staking reward program, offering payment to validators in real time.

Algorand, a prominent blockchain platform, has reached a significant milestone by expanding its validator node network to 3,702. This represents a remarkable 74% growth since mid-December 2024, positioning Algorand as the second-largest Layer 1 blockchain in terms of validator nodes.

Algorand (ALGO) announced that the staking rewards program went live on the blockchain post a major consensus upgrade this week and the ALGO token soared by almost 5% in 24 hours.

Algorand, a proof-of-stake blockchain network, has introduced a new staking rewards program to incentivize validators. This development follows the network's recent upgrade to its consensus mechanism, adding new capabilities for participants.