Algorand Spikes 15% on New Initiative, Plans to Share 2 Million ALGO Tokens

2021-12-30 17:50

Algorand adds more than 15% on incentive plans to reward 2 million ALGO to users in Q1, 2022

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Borderless Capital closes $10M fund to mine and stake HNT

Borderless Capital, a venture capital company focused on growth of the Algorand ecosystem, closed the HNT. Fund for $10 million, Invezz learned from a press release of the company. The fund was conceived with the purpose of mining and staking Helium (HNT/USD), the People’s Network’s native token, which is based on the Helium blockchain and LoRaWAN technology.

2021-7-7 16:07


Algo Capital Raises $200 Million To Develop Algorand Ecosystem

Algo Capital, a financial institution focused on accelerating the Algorand ecosystem has announced a successful funding round for its VC fund, obtaining double the expected $100 million. The firm is a separate entity from both Algorand Foundation and Algorand LLC, but it is wholly focused on driving adoption, liquidity and access to the Algorand blockchain.

2019-8-27 16:22


Algorand’s ALGO token listing on Coinbase Pro, price jumps 11.85%

The Coinbase Pro announcement of Algorand’s ALGO listing pushed the price up from $0. 727 to $0. 814 within 40 minutes, an 11. 85 percent increase—and wicking the price as high as $0. 841. Algorand—a Boston-based blockchain company created to improve blockchain decentralization, scalability, and security—made the news last month after it completed a $60 million token sale.

2019-8-10 03:55


Algorand Blockchain and Crypto Project Inks $62 Million Dollar Investment

The next-gen blockchain and altcoin that was purpose-built to enhance modern businesses, Algorand, has just announced that it has secured a sizeable 62-million-dollar investment. Besides acquiring this substantial equity, the firm also added new senior executives to its board from some of the leading technology brands in the world. Among the new additions include Steve […]

2018-10-25 23:10


MIT Academics-Led Blockchain Startup Algorand Raises $62 Million for Enterprise Use

MIT Academics-Led Blockchain Startup Algorand Raises $62 Million for Enterprise Use Algorand, a blockchain startup launched earlier this year by an MIT computer science professor, has now raised $62 million and named a pair of high-profile Boston tech executives to lead the effort to commercialize its technology. The funding comes from a list of about […]

2018-10-25 04:57