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Latest News

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

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cover-imageCryptoSlate
June 26, 2023

Algorand partners with DWF Labs in $50M deal

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.

Positive
cover-imageCryptopolitan
June 23, 2023

Algorand's latest protocol upgrade boosts network speed and scalability to new heights

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).

Positive
cover-imageCryptoSlate
June 23, 2023

Algorand releases new protocol upgrade delivering quicker performance

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.

Positive
cover-imageInvezz
June 22, 2023

Algorand (ALGO) reduces block time with new protocol upgrade

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.

Negative
cover-imageEWN
June 13, 2023

SEC Shakedown Pushes eToro To Delist ALGO, MANA, DASH, And MATIC

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.

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