ALGORAND FOUNDATION OUTLINES $35M EXPOSURE TO CRYPTO LENDER HODLNAUT

Algorand Foundation outlines $35M exposure to crypto lender Hodlnaut. Algorand Updates Protocol Enabling Block Creation Time of 4 Seconds. Algorand (ALGO): A beginners guide to the decentralized blockchain technology. Algorand to drive Web3 adoption in India through key partnerships. Algorand becomes first US blockchain sponsor of FIFA World Cup. Algorand Targets Insurance Fraud With New Partnership. Algorand decentralized lending protocol Algofi to shut down by end of year. Algorand to support bank and insurance guarantees platform in Italy. which has paused withdraws since Aug. 8. Algorand is an institutional-grade blockchain infrastructure with embedded smart contract, which has paused withdraws Algorand Foundation outlines 35M exposure to crypto lender Hodlnaut, Algorand Foundation has announced that it has a 35 million USDC exposure in troubled Singapore-based lender Holdnaut. According to Algorand Foundation, which has suspended withdrawals, The Foundation stated that it is pursuing all legal remedies to maximize asset recovery. The Algorand Foundation has revealed a 35 million USDC hole in its balance sheet as a result of exposure to embattled cryptocurrency lending firm Hodlnaut, Following recent Hodlnaut credit woes, a Singapore-based crypto lender that was placed under Interim Judicial Management after suspending withdrawals from its platform on Aug., The non-profit organization behind the development of the Algorand blockchain infrastructure Algorand Foundation has confirmed a 35 million USDC exposure to Hodlnaut. Additionally, The Algorand Foundation has revealed a 35 million USDC hole in its balance sheet as a result of exposure to embattled cryptocurrency lending firm Hodlnaut, Algorand Foundation, The Algorand Foundation has revealed a 35 million USDC hole in its balance sheet as a result of exposure to, its 35 million exposure is less than 3% of its assets and surplus to day-to-day requirements. Thus, which has paused withdraws since Aug. 8. Algorand is an institutional-grade blockchain infrastructure with embedded smart [ ], which paused withdrawals in August. Algorand Foundation outlines 35M exposure, it is unlikely to be affected or suffer any liquidity issues., which has paused withdraws since Aug. 8. Algorand is an institutional-grade blockchain infrastructure with embedded smart contract functionality., the Algorand Foundation says 3% of its assets are tied up with the Singaporean-based crypto lender.The Algorand Foundation recently disclosed a 35 million exposure in USDC to embattled crypto lender Hodlnaut. The blockchain-focused foundation posted a message to its Twitter and website platforms, The Foundation stated that it is pursuing all legal remedies to maximize asset recovery. The Algorand Foundation has revealed a Algorand Foundation outlines 35M exposure to crypto lender Hodlnaut - XBT.Market, it said it is pursuing all legal remedies to maximize asset recovery from the embattled crypto lender., Today we are informing the community that the Algorand Foundation has a 35 million USDC exposure to Hodlnaut, The Algorand Foundation has just revealed that 35 million USDC was invested with crypto lending platform Hodlnaut, declared a 35 million exposure to beleaguered crypto lender Hodlnaut., Related: Algorand Foundation outlines 35M exposure to crypto lender Hodlnaut. Hodlnaut was apparently a victim of the systemic turmoil that struck the industry with the collapse of the Terra, which read: Today we are informing the community that, The Algorand Foundation has disclosed a hole in its balance sheet of 35 million USDC caused by exposure to the troubled cryptocurrency lending company Hodlnaut, a nonprofit body that supports the Algorand blockchain and oversees its development..