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Algorand

Algorand is a self-sustaining, decentralized, blockchain-based network that supports a wide range of applications. Algorand was invented to speed up transactions and improve efficiency, in response to the slow transaction times of Bitcoin and other blockchains. Algorand is designed so that there are lower transaction fees, as well as no mining (like Bitcoin's energy-intensive process), as it is based on a permissionless pure proof-of-stake (PoS) blockchain protocol.

In this episode of The Scoop, Algorand Foundation CEO Staci Warden provides insight into some exciting developments in the Algorand ecosystem that she hopes will harness the power of Algorand's technology for global good.  The post Algorand Foundation CEO Staci Warden says Algorand is ready to change the world appeared first on The Block.

Algorand Foundation CEO Staci Warden says Algorand is ready to change the world

XMR was a notable mover in crypto markets to start the weekend, as prices rose to their highest level in over four weeks. Despite a large section of the market consolidating on Saturday, ALGO was also higher, as it too hit a multi-week high during the weekend.

Biggest Movers: XMR Surges to 1-Month High, as ALGO Also Climbs on Saturday

The ‘greenest blockchain' has launched a series of Formula E racing helmet NFTs in partnership with Envision Racing.

Algorand's Formula E NFTs Are Tackling Climate Change Head-On

Cardano

A popular crypto analyst known for doing in-depth research is reacting to the news that a key developer has decided to jump ship to work for a competing project. In a new YouTube update, the pseudonymous host of Coin Bureau known as Guy discusses the implications of top Cardano (ADA) architect John Woods leaving Input […] The post Cardano (ADA) vs. Algorand (ALGO)? Coin Bureau Weighs In on Potential Rivalry Between Top Ethereum Challengers appeared first on The Daily Hodl.

Cardano (ADA) vs. Algorand (ALGO)?

Polkadot

Solana

Cosmos

Avalanche

Polygon

Crypto asset management giant Grayscale has updated its smart contract platform holdings as the digital asset markets consolidate well below their all-time highs. In a new report, Grayscale says its GSCPxE Fund has allocated funds towards Cardano (ADA), Solana (SOL), Polkadot (DOT) and several other Ethereum (ETH) competitors. “At the end of the day on […] The post Cardano, Solana, Polkadot and Four More Altcoins Are Top Smart Contract Platform Holdings for Grayscale appeared first on The Daily Hodl.

Cardano, Solana, Polkadot and Four More Altcoins Are Top Smart Contract Platform Holdings for Grayscale

The veteran music streaming company has released a litepaper outlining the launch of its planned $NAPSTER token.

Music Streaming Company Napster To Launch Its Own Token On Algorand

AVAX and ALGO both fell by nearly 10% on Friday, following the release of the latest inflation figures in the United States. Data showed that inflation is currently at 8.6%, which is close to a 40-year high. Both AVAX and ALGO moved close to one-week lows on the news. Avalanche (AVAX) AVAX moved close to […]

Biggest Movers: AVAX, ALGO Among Crypto Losers as U.S. Inflation Hits 40-Year High

Algorithmic investment adviser firm Delphia secured $60 million in a Series A funding round led by crypto venture firm Multicoin Capital. The post Algo investment advisor Delphia secures $60 million in Series A round appeared first on The Block.

Algo investment advisor Delphia secures $60 million in Series A round

Ether

Bitstamp has launched its Earn product to U.S. customers, allowing customers to earn interest on staking Ethereum and Algorand.

Crypto Exchange Bitstamp Launches Earn Product for Ethereum, Algorand in US

Bitcoin

New data shows institutional investors are jumping on the opportunity to buy Bitcoin and one of Ethereum's main competitors. In its latest Digital Asset Fund Flows Weekly report, CoinShares finds digital asset investment products enjoyed inflows nearing $90 million last week, with leading crypto asset Bitcoin taking the lion's share. “Digital asset investment products saw inflows […] The post Institutional Investors Are Now Accumulating Bitcoin and One of Ethereum's Biggest Competitors: CoinShares appeared first on The Daily Hodl.

Institutional Investors Are Now Accumulating Bitcoin and One of Ethereum's Biggest Competitors: CoinShares

The major music label behind Taylor Swift, U2, Kendrick Lamar, and BTS will let artists drop NFTs on the new Web3 version of LimeWire.

Universal Music Group to Release NFTs on LimeWire's Algorand Marketplace

Good morning, and welcome to First Mover. I'm Brad Keoun, here to take you through the latest in crypto markets, news and insights.

The cross-chain bridge is hoping to capture some of Algorand's $136 million in DeFi TVL.

A widely followed crypto analyst is unveiling what he thinks can push Ethereum challenger Algorand (ALGO) to a fresh all-time high. In a new video, the host of popular YouTube crypto channel Coin Bureau tells his 2.04 million subscribers that smart contract platform Algorand is currently facing a number of fundamental challenges including the exponential […] The post Here's How Ethereum Rival Algorand (ALGO) Can Definitively Break All-Time Highs, According to Coin Bureau appeared first on The Daily Hodl.

Here's How Ethereum Rival Algorand (ALGO) Can Definitively Break All-Time Highs, According to Coin Bureau

May 12, 2022 – Madrid, Spain Bnext announces a total investment of $10 million, as the Spanish fintech giant prepares to complete its token sale. Borderless Capital has increased its investment in Spanish fintech Bnext to $10 million with a new investment of $4.5 million. What this means for Bnext This latest investment will help further Bnext's […] The post Bnext Receives Additional $4.5 Million Investment, Led by Borderless Capital To Drive DeFi on Algorand appeared first on The Daily Hodl.

Bnext Receives Additional $4.5 Million Investment, Led by Borderless Capital To Drive DeFi on Algorand

Napster, once popular in the early 2000s for peer-to-peer audio file sharing, has been acquired by Hivemind and Algorand, the teams announced today. The post Napster acquired by Hivemind, Algorand at undisclosed price appeared first on The Block.

Napster acquired by Hivemind, Algorand at undisclosed price

Terra

Despite Terra buying $1.5 billion worth of BTC this week, LUNA slipped to a six-week low to start the weekend. Overall, crypto markets remained in the red, however ALGO was one of the rare exceptions to record significant gains. Algorand (ALGO) ALGO was easily one of the biggest gainers during Saturday's session, as prices rose […]

Biggest Movers: LUNA Falls to 6-Week Low, as ALGO Surges 15% on Saturday

The founder of Ethereum challenger Algorand (ALGO) says that crypto assets with one key feature will survive into the next decade as blockchains become mainstream tools used by traditional financial institutions. In a new interview with the Los Angeles Times, Silvio Micali, a professor of computer science and cryptography at the Massachusetts Institute of Technology […] The post Algorand (ALGO) Founder Makes 10-Year Prediction On Crypto Markets: Report appeared first on The Daily Hodl.

Algorand (ALGO) Founder Makes 10-Year Prediction On Crypto Markets: Report

The native token of Algorand (ALGO) is up by double-digit percentage points after the global soccer body FIFA announced it was partnering with the company responsible for ALGO. Over the past 24 hours, the price of Algorand has gone up by about 20% after FIFA President Gianni Infantino and Algorand founder Silvio Micali inked a […] The post Algorand (ALGO) Jumps on Massive FIFA Soccer Partnership To Become First Blockchain Sponsor appeared first on The Daily Hodl.

Algorand (ALGO) Jumps on Massive FIFA Soccer Partnership To Become First Blockchain Sponsor

ALGO was up by nearly 20% during today's trading session, following the news of a partnership with football's governing body, FIFA. NEAR and AVAX were also higher on Tuesday, with AVAX extending a recent bullish run. Algorand (ALGO) ALGO was one of Tuesday's big gainers, as it was announced that FIFA would be partnering up […]

Biggest Movers: ALGO Boosted by FIFA Partnership News, as AVAX and Near Rise Higher

Algorand tokens climbed as the network was selected as official blockchain of the upcoming football World Cup.

Algorand Scores FIFA Partnership; ALGO Prices Surge

SkyBridge Capital founder Anthony Scaramucci is reportedly devoting nearly half of his firm's $3.5 billion worth of assets under management to Bitcoin (BTC), Ethereum (ETH), Algorand (ALGO) and crypto-related stocks. Scaramucci says in a new interview with Bloomberg that SkyBridge Capital has “adapted and repositioned” during the pandemic, noting that the firm hopes to eventually […] The post $3,500,000,000 Hedge Fund Doubles Down on Bitcoin (BTC), Ethereum (ETH) and Algorand (ALGO): Report appeared first on The Daily Hodl.

$3,500,000,000 Hedge Fund Doubles Down on Bitcoin (BTC), Ethereum (ETH) and Algorand (ALGO): Report

A leading crypto asset manager says that institutional investment products stemmed outflows last week thanks to continued investment in altcoin-focused products. In the most recent Digital Asset Fund Flows Weekly report, CoinShares finds that crypto investment products suffered minor outflows last week. “Digital asset investment products saw outflows cool last week, totaling US$7.2m, bringing total outflows […] The post Institutional Investors Scoop Up Discounts on Avalanche (AVAX), Solana (SOL) and Two More Altcoins: CoinShares appeared first on The Daily Hodl.

Institutional Investors Scoop Up Discounts on Avalanche (AVAX), Solana (SOL) and Two More Altcoins: CoinShares

The smart contract–based commitment to sustainability coincides with Earth Day, which is Friday.

Smart Offsets: Algorand Ups Sustainability Pledge With Self-Executing Code

PRESS RELEASE. As the complexity of current dApps (decentralized applications) on Algorand grows, so must the infrastructure, notably oracles, to enable significantly higher and better feature sets. In the Algorand ecosystem, Algoracle's opinions on off-chain computing are therefore worth discussing in key detail. What is it exactly? Since smart contracts are unable to access external […]

Algorand Looks to Prove Why Algoracle Is Needed in the Contemporary Blockchain and Crypto Sector

Aave

A popular crypto analyst who nailed the 2018 Bitcoin (BTC) bear market bottom says he expects Aave (AAVE) and two Ethereum (ETH) competitors to erupt. Pseudonymous trader Smart Contracter tells his 205,400 Twitter followers that it is a real possibility for decentralized finance (DeFi) lending and borrowing protocol Aave to print a new all-time high […] The post Top Crypto Strategist Bullish on Aave and Two Ethereum Competitors As Bitcoin Blasts Above $47,000 appeared first on The Daily Hodl.

News for Algorand Crypto (ALGO)