|All Time High:|
|Market Cap: |
Algorand is ranked #29 out of all coins. The code for Algorand is #ALGO.
Algorand is 2.9 years old, and there is a large volume of trading today on #ALGO.
For this period, the price of Algorand/#ALGO is down by a whopping 45%.
The lowest ALGO price for this period was $0.37,
and the highest was $0.77.
Algorand (#ALGO) News:
More Algorand (#ALGO) News
May 22, 2:00 pm
|Circle to Issue Weekly USDC Reserve Reports — Tether Publishes May...|
The co-founder and CEO of Circle, Jeremy Allaire, has announced the cryptocurrency firm that issues the stablecoin usd coin plans to provide the public with weekly stablecoin reserve reports. Additionally, the company Tether has also released an assurance report on its stablecoin reserves via the Cayman Islands auditing company MHA Cayman.Circle CEO Says Firm's Stablecoin Is a 'Very Efficient Pipe Between Legacy Electronic Dollars and Digital Currency Dollars'
The two largest stablecoin providers, Tether and Circle, want the public to be assured that tether (USDT) and usd coin (USDC) are fully backed by reserves. The latest assurances follow the recent terrausd (UST) de-pegging event, which saw UST drop from its once-stable $1 parity to today's $0.06 per UST.
Following the event, Circle published a blog post on May 13, called 'How to Be Stable,' which explained Circle's USDC reserves are backed entirely in cash and short-dated U.S. Treasuries. After the blog post, a week later the co-founder and CEO of Circle, Jeremy Allaire, explained that the company will now provide weekly USDC attestations concerning the stablecoin's reserves and liquidity.
'As promised a week ago, we are now p...
May 20, 1:11 pm
|V2B Labs Judges the Eventful Blockchain Business Idea Pitch Day Alongsid...|
[PRESS RELEASE - Please Read Disclaimer]
V2B Labs had an amazing time being part of Ideathon Pitch Day, a blockchain event organized by the Algorand in Tokyo on last May 14, 2022.
On May 14, 2022, Algorand successfully organized the Blockchain Business Idea Pitch, joined by well-known Japan Accelerator mentors, overseas Algorithm founders and VCs, ...
May 18, 4:18 pm
|Decentralized oracle network for Algorand blockchain Algoracle closes $1...|
Algoracle, a decentralized oracle network that links the Algorand blockchain to the physical world, announced today it recently closed a seed funding round for $1.5 million (USD) to help accelerate the development and launch of Algorand’s native decentralized oracle network.
Algoracle’s seed round was led by Borderless Capital, wit...
May 18, 5:00 am
|Algoracle Announces $1?5 Million Seed Round|
PRESS RELEASE. Algoracle has recently announced the close of its seed round for $1.5 million (USD) to help accelerate the development and launch of Algorand's native decentralized oracle network.
Algoracle's seed round was led by Borderless Capital, with major contributions from the Algorand Foundation, Valhalla Capital, and Big Brain Holdings, and...