Algo Capital Loses Crypto Funds After CTO’s Phone Is Hacked
Algo Capital, an investment firm focused on the Algorand ecosystem, lost a few million in bitcoin and ALGO tokens after its CTO's phone was hacked.
Binance US has joined other major exchanges in the staking game, adding staking rewards for cryptocurrencies algorand (ALGO) and cosmos (ATOM).
Monerium, which has a European Economic Area e-money license, will bring fiat currency transactions onto Algorand's protocol.
Algorand was selected following "extensive market research among the leading protocol options."
Thursday's Algorand 2.0 upgrade adds decentralized finance (DeFi) features and smart contracts to the $108 million blockchain.
A sharia certification could open up the platform to a global network of observant Islamic investors estimated to be worth more than $70 billion.