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Algorand (ALGO), the next-generation blockchain platform, has announced a major protocol upgrade that unleashes key new features for streamlining application development. The protocol upgrade, now live on Mainnet, reduces block time to roughly 3.3 seconds while maintaining instant transaction finality.
The proof-of-stake network Algorand upgraded its platform on Thursday. It has introduced various improvements to ensure cost-efficient and quicker app development. Moreover, the update will significantly reduce block time. The blockchain's officer Paul Riegle said that lowering block time from 3.8 seconds to 3.3 seconds represents the largest percentage reduction.
The protocol upgrade includes several improvements intended to make application development faster and more cost-efficient.
Discover the top cryptos to buy beyond Bitcoin, including promising altcoins with high potential for investment.
ALGO's H4 structure was bearish, but momentum was bullish. However, bulls could only gain an edge if they cross this particular level.
Check our latest Algorand price prediction for 2023, 2025, and 2030, our technical analysis will help you to understan the market better.
Popular social trading platform eToro is halting purchases of layer-2 scaling solution Polygon (MATIC), smart contract platform Algorand (ALGO) and two other altcoins after a US regulator labeled them as securities.
These three cryptos could crumble, or at least have further to fall, depending on the fallout from the ongoing SEC lawsuits.
Trading platform eToro announced on Monday that it would delist four crypto assets for its US customers, citing “recent developments.” On Monday, social investment platform eToro said it would delist four crypto tokens from its platform for US customers.
The investment provider will delist four cryptocurrencies for U.S. customers in response to the SEC's lawsuits against Binance and Coinbase.Customers will not have the option to open new ALGO, MANA, DASH, and MATIC positions from July 12.Users can still hold and sell their positions until further notice.eToro cited “recent developments” as the reason following securities claims in filing against the two major cryptocurrency exchanges. The U.S. Securities and Exchange Commission enforcement actions against crypto exchanges Binance and Coinbase continue to reverberate throughout the industry as investment platform eToro plans to delist four digital assets that are allegedly unregistered securities.
The latest price moves in bitcoin (BTC) and crypto markets in context for June 13, 2023. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.
eToro, a leading social trading platform, has delisted four crypto assets for U.S. customers, citing recent developments.
eToro emphasized that the changes will only affect U.S. customers and assured its commitment to the crypto industry.
The brokerage eToro is cutting off US customers from four crypto tokens newly deemed securities by the SEC.
The move follows a similar pull-back from stock and crypto trading app Robinhood.
Stock and crypto trading platform eToro said in a June 12 email shared with CryptoSlate that it would limit access to certain crypto positions for users in the U.S. In its message, eToro said that users based in the U.S.
While the SEC's designation of some cryptocurrencies as securities has shaken the market, the development companies behind these assets have strongly rejected the regulator's characterization.
The SEC's tagging of cryptocurrencies as securities has greatly affected the crypto market causing Algorand and Flow to hit historic lows on June 10.
The recent enforcement actions taken by the U.S. Securities and Exchange Commission (SEC) against leading cryptocurrency exchanges have had a significant impact on the market. Alongside the actions, the agency also identified several cryptocurrencies, including Algorand (ALGO) and Flow (FLOW), as unregistered securities, resulting in a sharp drop in their value.
Prices for a number of altcoins fell after they were namechecked by the Securities and Exchange Commission.
Algorand Price Prediction 2023-2032 If you are thinking of investing in a cryptocurrency, Algorand is one of the best choices you can make. However, it is not just enough to hold the ALGO cryptocurrency in high esteem.
Here's an overview of the happenings on the Algorand ecosystem, as the token has failed to produce any gain for its holders.
NFTpay, a trusted name in payment solutions, has announced its integration with the Algorand blockchain network. This partnership aims to streamline transactions for Non-Fungible Token (NFT) creators who are working on the Algorand platform.
While the month of April ended bullishly for the cryptocurrency market, the entirety of May was bearish, solidifying that the market is in a corrective state.
