Algorand
$ALGO
3 Results
SEC EMPTIES THE CHAMBER It’s only Wednesday, but the SEC has pulled out the big guns. Conveniently following the release of a rather comprehensive crypto oversight bill by the House Financial Services Committee on Friday, the SEC dropped their mightiest hammer to date on the crypto industry. On Monday, the SEC took legal action against Binance, accusing the exchange of offering unregistered securities to the public. The SEC's lawsuit alleged...
EXECUTIVE SUMMARYAlgorand (ALGO -7.74% ) is a layer 1 blockchain that employs a unique consensus mechanism called Pure Proof of Stake (PPoS), which relies on random node selection to promote decentralization, security, and scalability. Algorand Foundation’s mission is to empower a dynamic, inclusive, and borderless global ecosystem based on the Algorand blockchain technology.Algorand Layer 1’s Algorand Virtual Machine (AVM) powers Algorand’s smart contracts and is similar to Ethereum's EVM. It can process...
IDIOSYNCRATIC OPPORTUNITIES ABOUND The euphoric part of the bull market for crypto was largely about finding the fastest horse paired with one’s relative risk appetite. Unfortunately, in a bear market, most horses, notably the weaker or tired ones, no longer want to race. However, the past few months have revealed that ample opportunities exist to find the few horses that have some giddy-up in them. The two environments require fundamentally...
