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Latest News

Keep up with what's happening in the crypto world in real-time.

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Positive
cover-imageZycrypto
July 14, 2023

Security and Staking: Algorand CTO Reveals Future of The Popular Blockchain And New Features

Algorand, a state-of-the-art pure proof of stake network, is introducing innovative features that differentiate it from traditional proof of stake networks like Ethereum or delegated proof of stake networks like Cardano, according to John Woods, Chief Technical Officer (CTO) at Algorand. In a recent Twitter Video-call, he explained that Algorand's pure proof of stake mechanism incentivizes individual participation in consensus and decentralizes the network by disincentivizing pooling.

Positive
cover-imageThe Currency Analytics
July 14, 2023

Cardano Founder Charles Hoskinson Suggests Collaboration with Algorand, Proposing a Path to Enhanced Blockchain Integration

In an unexpected turn of events, Charles Hoskinson, the founder of Cardano, has reached out to Algorand, a competing blockchain system, proposing a collaborative approach for enhanced blockchain integration. Responding to a tweet from John Woods, the chief technical officer of the Algorand Foundation, Hoskinson publicly appealed for participation and suggested that Algorand explore the possibility of becoming a sidechain of Cardano.

Neutral
cover-imageCoingape
July 12, 2023

Cardano Founder Gives Algorand a Hard-Sell Proposition

Cardano founder, Charles Hoskinson has made a proposition to the competing blockchain protocol, Algorand (ALGO) requesting the layer-1 network to transfer its codes onto the Cardano platform. Cardano Founder Gloats Over Staking Proficiency The Cardano founder made the open call by responding to a tweet from John Woods, the Chief Technical Officer of the Algorand

Negative
cover-imageInvezz
July 11, 2023

Algofi to shut down amid faded activity on Algorand (ALGO) blockchain

The leading decentralized finance (DeFi) platform in Algorand, Algofi, will suspend its services as the Algorand blockchain suffers deteriorate activity. Their latest blog post indicated that the protocol will launch withdrawal-only mode soon. Moreover, it indicated that Algofi has encounter challenges in ensuring high standars. “..

Negative
cover-imageCryptoSlate
July 11, 2023

Algorand's largest DeFi protocol Algofi to shut operations

Algorand's (ALGO) largest decentralized finance protocol, Algofi, will wind down because current events have made its continued operations non-viable, according to a July 10 statement. “A confluence of events has taken place that no longer makes building and maintaining the Algofi platform to the highest standards a viable path for our company.

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