🚨 Breaking News: Algofi, the leading Algorand DeFi protocol, announces closure after raising $2.8 million. Users can withdraw funds in “withdrawal-only mode.” #DeFi #Algofi #Crypto
$ALGO faces a make-or-break moment at a crucial resistance level! Will it hold or ignite a bullish rally? Stay tuned for the exciting outcome! #ALGO #CryptoTrading #ResistanceTest #Algorand
Recent reports update that the Algorand blockchain has just exceeded the threshold of 1 billion transactions. All these happen without any downtime.
Charles Hoskinson praised Algorand, saying it is an excellent project with exceptional people. Hoskinson’s tweet received mixed reactions from the Twitter community. Algorand is a PoS blockchain ecosystem much like Cardano. Cardano’s chief personality Charles Hoskinson recently endorsed Algorand, saying that it is an “excellent project with exceptional people.” This tweet was part of him lauding the platform for hiring John Woods as CTO. For those unfamiliar with the project, Algorand is a blockchain ecosystem much like Cardano. It uses the Proof-of-Stake (PoS) consensus mechanism. Meanwhile, its native cryptocurrency ALGO has a maximum supply of 10 billion. It is currently
