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The first atomic swap, conducted on May 27, saw $2 million in USDC exchanged for the new mTBILL. German tokenization protocol Midas has launched a tokenized US Treasury bill on the Algorand blockchain, offering European investors exposure to yield-bearing government bonds with no investment minimum required. The mTBILL is a tokenized certificate that references short-term…
” Algodex reveals wallet infiltrated by ‘malicious’ actor as MyAlgo renews warning: Withdraw now “ Algorand-based wallet provider MyAlgo has again urged users to withdraw their funds after a February security breach which doesn’t appear to have been resolved. Update: Funds are still being actively drained from MyAlgo users. https://t.co/fzkS9PFkAm pic.twitter.com/cgrWigu2Wn — ZachXBT (@zachxbt) March…
” MyAlgo users urged to withdraw as cause of $9.2M hack remains unknown “ A wallet provider for the Algorand (ALGO) network, MyAlgo, has warned its users to withdraw funds from any wallets created with a seed phrase amid an ongoing exploit that has seen an estimated $9.2 million worth of funds stolen. MyAlgo tweeted…
” Algorand to drive Web3 adoption in India through key partnerships “ Algorand Foundation announced several partnerships in India, including collaborations with schools to develop educational programs to help grow Web3 in the country. In an announcement sent to Cointelegraph, the Algorand team said it partnered with Jawaharlal Nehru Technological University Hyderabad and the Indian School…
” The future of smart contract adoption for enterprises “ Decentralized finance (DeFi) markets may have cooled down over the past year, but the technology powering these applications continues to advance. In particular, smart contract platforms that enable transactions to take place across DeFi applications are maturing to meet enterprise requirements. While it’s notable that…
” 3 reasons why DeFi investors should always look before leaping “ Welcome readers, and thanks for subscribing! The Altcoin Roundup newsletter is now authored by Cointelegraph’s resident newsletter writer Big Smokey. In the next few weeks, this newsletter will be renamed Crypto Market Musings, a weekly newsletter that provides ahead-of-the-curve analysis and tracks emerging…
” 5 altcoins that could turn bullish if Bitcoin price stabilizes “ The major United States stock market indices continued their decline last week as worsening macroeconomic conditions increased concerns of a global recession. The Dow Jones Industrial Average closed at its lowest level in 2022 and major indices recorded their fifth weekly close in…
” Web3 technologies could be a game changer for the travel industry “ Many companies and industries are incorporating Web3 technologies into their business structures, and the travel industry is no exception. On Wednesday, Flybondi, an Argentinian airline, announced a strategic alliance with TravelX, a blockchain technology company responsible for tokenizing flight tickets. The partnership…
” Blockchain firms fund university research hubs to advance growth “ The demand for organizations to adopt blockchain technology is growing rapidly. Recent findings from market research and advisory firm Custom Market Insights found that the global blockchain technology market size was valued at $4.8 billion in 2021, yet this amount is expected to reach…
” CoinShares launches staked Algorand ETP on Deutsche Boerse Xetra “ Major European cryptocurrency investment firm CoinShares is expanding its exchange-traded products (ETP) with a new physically-backed ETP based on Algorand (ALGO). CoinShares on Thursday announced the listing of its physically-backed staked Algorand ETP on Xetra, the electronic trading platform run by Germany’s exchange operator…