Algorand


Tech

Algorand Pushes for Ethereum Compatibility With $20M Incentive Program

In a bid to court app developers, $10 million is earmarked for making the network Ethereum Virtual Machine–compatible.

The Algorand booth at ETHDenver 2022. (Tracy Wang/CoinDesk)

Finance

Blockchain Interoperability Network Axelar Raises $35M at $1B Valuation

Polychain Capital and Dragonfly Capital were among the investors in the company building a network to connect users, assets and decentralized applications across multiple blockchains.

Polychain Capital founder and CEO Olaf Carlson-Wee. (Credit: CoinDesk archives)

Finance

Algorand Foundation Appoints JPMorgan, Nasdaq Alum Staci Warden as CEO

Warden replaces Sean Lee at the payments-focused blockchain.

Algorand signage inside the Drone Racing League arena. (DRL)

Finance

Drone Racing League Zooms Into Metaverse, Bringing ‘Play to Earn’ to Algorand

The league’s partnership with Playground Labs will be the first play-to-earn competition of its kind on the Algorand blockchain.

Algorand signage inside the Drone Racing League arena. (DRL)

Markets

Algorand Surges as Foundation Incentivizes DeFi Activity on Algofi

The announcement of liquidity rewards for a product built on Algorand put ALGO tokens among the few gainers on Thursday.

ALGO tokens were among the few climbers on Thursday. (Shutterstock)

Markets

Alts Find It Tough to Beat Layer 1 King Ethereum

Big investors looking beyond bitcoin may take their first baby steps into ether, which has so far outperformed its layer 1 alternatives. But for how long?

(via Pixabay)

Finance

Borderless Capital Launches $500M Algorand-Focused Fund

The fund will look to invest in a range of DeFi and NFT projects built on the Algorand blockchain network.

Algorand Foundation Launches $300M DeFi Innovation Fund

Finance

Citi Veteran Launches $1.5B Crypto Fund With Algorand as Strategic Partner

The fund includes a play-to-earn gaming arm that will be headed by former Goldman Sachs analyst Sam Peurifoy, known in gaming circles as “Das Kapitalist.”

Venture Capital  (Getty Images)

Finance

Algorand Project Raises $3.6M to Make Cross-Chain DeFi Friendly for Big Investors

C3 will operate a cross-chain clearing engine in the same way prime brokers act as a hub for collateral management in traditional finance.

(Jainath Ponnala/Unsplash)

Finance

Makor Capital Raises $17M in Series A Funding to Grow Brokerage Platform Enigma

The round valued Makor at $200 million and was joined by blockchain company Algorand and billionaire hedge fund manager Alan Howard.

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