Staci Warden, CEO of the Algorand Foundation, stated that because they are not a party to the lawsuit, they would not respond to any other allegations made by the SEC. Despite its Foundation’s refutation of the U.S. Securities and Exchange Commission’s (SEC) claim that the asset is a security, Algorand (ALGO) fell 10.42 percent in…
Read more
Algorand (ALGO) — the blockchain-based cryptocurrency protocol that leverages proof-of-stake technology — is up over 12% in 24-hour trading. Algorand’s recent push into India On Walk 29, Algorand detailed that it had set up its own committed group for Algorand Establishment’s activities in India. Algorand Foundation CEO Anil Kakani stated in an interview…
Read more
