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The Algorand Foundation found itself in an unexpected situation as its CEO, Staci Warden, had her social media account on X (formerly Twitter) compromised. Taking swift action, the Foundation promptly informed its community to exercise caution, urging them not to click on any links or respond to direct messages from the compromised account.
On Thursday night, Algorand CEO Staci Warden's X Account (formerly known as Twitter) was compromised. Since then, the crypto community and the hacker have been having a back-and-forth conversation.
The Algorand Foundation CEO Staci Warden is the latest victim of X (Twitter) hack.
The Algorand Foundation said it is working to restore control over the account, though it appears the hacker still has access.
The Algorand founder's Twitter account has been compromised. In a series of misleading tweets, the hacker claimed that for every percentage drop in ALGO's price this week, 1 ETH would be given away, coupled with a nonchalant wish of good luck.
The Algorand Foundation CEO's X account has been compromised, leading to offensive messages and satire posted by the attacker. The community's responses varied from amusement to criticism.
The Algorand Foundation, a blockchain platform with fast and cheap transactions, reported that its head's X account was hacked. According to a Jan. 26 post, its CEO, Staci Warden's Twitter account has been hacked.
Some community members criticized Warden, saying she qualifies as an intern for the Securities and Exchange Commission.
These next-gen cryptos provide value and could redefine the industry and should be on investors' watch lists.
Quantoz has completed the passports of its Electronic Money Institution (EMI) license. This enables the widespread availability of its Euro-backed stablecoin, $EURD, to all European Economic Area (EEA) member states.
Algorand (ALGO) is making an interesting play to be a more functional blockchain. According to John Alan Woods Algorand CTO, four new Algorand updates are coming to the protocol in 2024 as part of its roadmap.
Algorand Ventures' investment in Gora Network marks a significant step in advancing blockchain oracle technology. Gora Network, emerging from an Algorand hackathon, aims to enhance blockchain applications with secure, real-world data, expanding its business, infrastructure, product suite, and developer ecosystem.
According to a recent report by Messari, smart contract platform Algorand (ALGO), showcased notable growth and outperformed the general crypto market during the fourth quarter of 2023. Algorand Outperforms Crypto Market Growth Per the report, Algorand experienced a surge in market capitalization during Q4 2023, with a significant growth rate of 123%.
The Algorand Foundation recently revealed that block creation time on the layer-1 blockchain has been slashed by 20% thanks to an updated protocol. This takes the average block creation time on Algorand to less than three seconds.
In a significant development, Algorand, a leading layer-1 blockchain network, has successfully implemented its Dynamic Lambda update. This game-changing upgrade has substantially reduced block creation times, making Algorand faster than Ethereum.
The latest Dynamic Lambda upgrade on the Algorand blockchain has successfully sped up the process by shaving off 20% of the block time.
Algorand, a layer-1 blockchain network, has successfully deployed its Dynamic Lambda update, substantially reducing block creation times. The update, which offers enhanced throughput and network performance, has cut average block times by approximately 20%, bringing them below the three-second mark.
Layer-1 blockchain Algorand recently went live with its Dynamic Lambda or “dynamic round times” update, which touts higher throughput and increased network performance.
Algorand (ALGO) stands among the top altcoins to watch as the Bitcoin ETF hype dwindle. It stirs the crypto market as developers plan to unveil the project's technology roadmap on January 17. The strategic development targets network expansion and intensified innovation.
The bullish trend in the ALGO price fails to push through the overhead resistance at $0.24, resulting in a sharp reversal. Leading to a drop under the psychological mark of $0.20, Algorand shows a high-moment pullback phase threatening the formation of a bullish pattern.
Hedera has joined forces with Algorand to launch the DeRec Alliance. This initiative, announced at the Crypto Finance Conference in St. Moritz, Switzerland, focuses on revolutionizing how digital assets are secured and recovered across the Web3 space.
Algorand's challenges are not affecting the network's usage and transaction volume, which are rising.
Hedera and Algorand join forces to introduce a decentralized recovery protocol, DeRec, streamlining digital asset security across Web3 while preserving user privacy and compatibility with Web2 experiences.
The Hedera and Algorand ecosystems are partnering to simplify securing and recovering digital assets in Web3.
