Listen up ALGO traders! These challenges could be en route
Algorand had some good news to share with its community as it announced its latest partnership. However, ALGO traders looking for a bullish price action may have to delay their expectations.
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Algorand had some good news to share with its community as it announced its latest partnership. However, ALGO traders looking for a bullish price action may have to delay their expectations.
DWF Labs is a leading Web3 investor and its pasrtnership with Algorand will help inject liquidity in its ecosystem and enhance growth
Algorand (ALGO) and web3 investment firm DWF Labs have teamed up in a $50 million deal, per Chainwire. The partnership aims to help support and grow the blockchain through liquidity provision and project development funding, particularly those related to DeFi, art and music, gaming, oracles and bridges, and infrastructure.
DWF Labs and Algorand Foundation have partnered to support the development of the Algorand blockchain ecosystem with a $50 million token purchase agreement.
Algorand, the “pure” proof-of-stake Layer-1 blockchain network, continues to deliver the advanced technology required to power real world applications with its latest protocol upgrade that unleashes faster block times, as well as other improvements.
Algorand (ALGO), the innovative blockchain platform, has recently implemented a groundbreaking protocol change, resulting in a remarkable reduction in block confirmation time to a mere 3.3 seconds. This revolutionary development has significantly enhanced the network's speed, thus addressing the crucial challenge of scalability by increasing transactions processed per second (TPS).
Algorand (ALGO) has delivered a protocol upgrade to cut block confirmation times to approximately 3.3 seconds, boosting network performance that reduces block confirmation times to approximately 3.3 seconds, significantly improving network performance. Block time refers to the time miners or validators take to verify a transaction and produce a new block.
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.
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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.