Tag: algorand

Jan 18 2023

Best 3 Decentralized Exchanges in Algorand

Jan 18 2023 Published at Altcoin Buzz under tags  algorand defi dex

Decentralized exchanges, or DEXes, give you control over your assets. You just need a non-custodial wallet and there are no intermediaries. There's also no KYC involved for visiting a DEX. Plenty of reasons to use them, also on Algorand. So, let's have a closer look at the 3 best DEXes on Algorand....

Dec 14 2022

Italy To Use Algorand Blockchain For Banking And Insurance Guarantees

Algorand has been selected as the blockchain to support an innovative digital guarantee platform for Italy's banking and insurance markets. Cryptocurrencies are now gaining more popularity and adoption. Adoption and real-life use cases influence the price of an asset and make it durable. Bitcoin is accepted as a form of payment on numerous platforms as the world looks to migrate to a cashless...

Dec 02 2022

Everything About Algorand Wallet – Part 2

Dec 02 2022 Published at Altcoin Buzz under tags  algorand algorand wallet wallet

Algorand is a green blockchain developed to offer a vast array of use cases primarily to enable decentralized finance. Among the most impressive achievements of Algorand is that it is not just carbon neutral but has gone even further and made itself carbon negative in 2021. As one of the most advanced blockchain networks in history, Algorand has garnered considerable attention, with VC...

Nov 30 2022

Everything About Algorand Wallet. Part 1

Nov 30 2022 Published at Altcoin Buzz under tags  algorand defi

Algorand is an open-source blockchain that uses a pure proof-of-stake (PPoS) consensus protocol based on Byzantine agreement. So, the platform achieves consensus without a central authority. With the industry in a state of chaos, the subject of security and safety has never been more important. Although Algorand boasts several safety features, we'll...

Nov 29 2022

Zone Launches Fantasy Football League Amidst World Cup

Nov 29 2022 Published at Altcoin Buzz under tags  algorand gaming news zone

Last week, we announced the launch of the Zone X Algorand PlayFi League, which is the biggest Web3 gaming competition with a prize pool of $150,000. The competition received a warm reception from the gaming community, as gamers from various parts of the world gathered to enjoy the thrill of Web3 gaming. The Zone X Algorand PlayFi League commenced on the 18th of...

Nov 18 2022

Zone Commences PlayFi League

Nov 18 2022 Published at Altcoin Buzz under tags  algorand game launches & updates zone

The blockchain gaming industry remains one of the most stable sectors of the market. While DeFi suffered the biggest blow from the bear market, gaming continues to be a lucrative activity, especially when done on the right platform. Zone, an Algorand-based platform, offers one of the most...

The Zone X Algorand PlayFi League Begins

Nov 18 2022 Published at Altcoin Buzz under tags  algorand game launches & updates zone

The blockchain gaming industry remains one of the most stable sectors of the market. While DeFi suffered the biggest blow from the bear market, gaming continues to be a lucrative activity, especially when done on the right platform. The Zone X Algorand PlayFi League, an Algorand-based platform,...

Nov 11 2022

These Tokens Might Be the Highlight of the Crypto Market in 2023— Dogeliens, Algorand, and Stacks

Great investment options provide enormous profits when the market is favorable. As many crypto assets are expected to recover from their recent collapse, the upcoming year has been called the "recovery year" by analysts. Numerous cryptocurrency enthusiasts appear ready for the anticipated period of price pumps, and the new projects are also expected to have a successful run.

Oct 20 2022

L2 solution makes Cardano, Algorand network interoperable

Oct 20 2022 Published at CryptoSlate under tags  ada algo algorand cardano cardano’s ada

Cardano (ADA) founder Charles Hoskinson announced that Algorand (ALGO) is now on the Cardano network in reaction to the news that Mikomedia A1 Rollup is live on Algorand. And by the power of blockchain transitivity, Algorand is now on Cardano...

Oct 14 2022

Algorand DeFi Is Booming. Here’s Why

Crypto investment firm Hivemind deploying $25 million into Algorand DeFi is one of several catalysts attracting liquidity to the Layer 1 chain. Algorand Receives VC Boost A new cash injection...

Oct 09 2022

Buy Moshnake, Avalanche, And Algorand For Maximum P2E Experience And Staking

Crypto enthusiasts are always on the lookout for new and upcoming cryptocurrencies that have the potential to offer high returns. Moshnake (MSH), a new cryptocurrency with amazing play-to-earn (P2E) potential, is one such crypto currently garnering a lot of attention.

Sep 22 2022

Algorand Is Outperforming After a 15% Jump. Here’s Why

Algorand is one of only a handful of cryptocurrencies in the green after the Federal Reserve raised U.S. interest rates by 75 basis points yesterday. Algorand Defies the Market Algorand...

Polkadot, Algorand, and Big Eyes Coin: Three Crypto Tokens To Surpass Crypto Winter Price Predictions

The crypto market is an arena where price predictions reign supreme. Investors and traders are always trying to predict the prices of tokens in the hopes of getting in early and benefiting from a surge in price. As the crypto winter is in full gear, it has become harder for investors to predict how the market will turn and what token prices will...

Sep 20 2022

How Does Algorand Staking Work?

Sep 20 2022 Published at Altcoin Buzz under tags  algorand defi

Algorand is a decentralized network designed to tackle the Blockchain Trilemma of simultaneously achieving decentralization, security, and speed. The blockchain is known for its green stance and was launched by computer scientist and MIT professor Silvio Micali. Algorand is an open-source, permissionless blockchain network on which any developer can build their DeFi apps. The blockchain platform focuses on achieving near-instant finality...

Sep 13 2022

Algorand throws hat in ring as Helium community begins vote on Solana migration

Sep 13 2022 Published at CryptoSlate under tags  algo algorand helium hnt solana

Algorand (ALGO) network believes it would be a better option for Helium (HNT) than Solana (SOL) even as voting commenced on the migration proposal. Two top executives of Algorand urged Helium developers to reconsider their stance on Solana because ALGO's network offers a better option....

Algorand Revealed Investments Worth $35M In Troubled Crypto Lender Hodlnaut

Sep 13 2022 Published at Bitcoinist.com under tags  algo algorand btcusd btcusdt uncategorized

The Algorand Foundation has disclosed that it has invested $35 million in USD coin (USDC) in the beleaguered crypto lender Hodlnaut. The cryptocurrency lending firm had paused its withdrawals earlier last month.Algorand is a blockchain infrastructure which has embedded smart contract...

Sep 11 2022

Algorand Foundation Discloses $37 Million USDC Exposure To Hodlnaut

Summary: The Algorand Foundation confirmed its exposure to crypto lender Hodlnaut. Hodlnaut paused withdrawals and deposits in August citing liquidity constraints. Sources pegged the foundation's exposure at around $35 million in Circle's USD Coin (USDC). The funds were initially invested to generate passive yield to bolster Algorand's ecosystem and development. At press time, the exposure to Hodlnaut does not pose a threat to...

Sep 03 2022

FIFA To Launch New NFT Platform In Partnership With Algorand

FIFA, the global governing body of soccer, is launching a new NFT collectibles platform with the highly anticipated World Cup just around the corner. The new platform will be launched on Algorand, continuing an existing partnership between the two parties. Let's take a look at what we know from initial announcements that have been released this week. FIFA+ Collect: The Organization's First Real...

Aug 23 2022

Leading Decentralized Finance and Play-to-Earn Projects for 2022: FreeWoly, Uniswap, and Algorand

The advantage of true decentralization comes from the cost-effectiveness, the lack of bureaucracy, and the retention of governance in the hands of the people. Many decentralized finance (DeFi) options and applications have seen market highs due to this advantage, especially in the area of decentralized exchanges (DEX) and the play-to-earn (P2E) gaming industry.

Jul 28 2022

Algorand Report on Issuing Central Bank Digital Currency on Their Chain

Jul 28 2022 Published at Altcoin Buzz under tags  algorand cbdc top article

The Central Bank Digital Currency is also known as a CBDC. Many countries and Central Banks are showing an interest in them. They will peg to the value of a local fiat currency. Whether we like them or not, it's likely we will see them entering the digital space. Algorand made this report as a case to build CBDCs on their blockchain. Various...

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