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X @BSCN
BSCN· 2026-03-20 00:09
🚨UPDATE: ALGORAND FOUNDATION CUTS WORKFORCE BY 25%The @AlgoFoundation, which support the @Algorand $ALGO ecosystem, has cut 1/4 of its employees.Something it described as a "difficult decision".After praising the quality of the employees it is letting go, it explained that..."We believe that we now have a more sustainable alignment of Algorand Foundation resources with the protocol’s long-term business, technology, and ecosystem priorities." ...
Layoffs hit crypto industry twice in 2 days
Yahoo Finance· 2026-03-19 16:59
Industry Overview - The crypto industry has experienced significant turmoil in recent months, marked by company shutdowns, bankruptcies, and widespread layoffs among employees at leading firms [1][2] Company-Specific Developments - Algorand Foundation, a layer-1 blockchain network, announced layoffs of 25% of its staff due to "uncertain" macro conditions and a "broader downturn" in the crypto market [3][4] - The organization aims for a "more sustainable" alignment of resources with its long-term business and technology priorities following the layoffs [4] - The ALGO token, the native token of Algorand, was trading at $0.08806, reflecting a 3% decline over the last 24 hours, attributed to the broader market downturn rather than the layoffs specifically [5] Additional Company Actions - Crypto.com, a prominent crypto trading exchange, announced a layoff of approximately 12% of its staff as part of an AI integration strategy [6][7] - The CEO of Crypto.com emphasized the necessity of AI integration for survival in the industry, paralleling sentiments expressed by other industry leaders [7]
X @Poloniex Exchange
Poloniex Exchange· 2026-03-18 05:20
🚨 BREAKING: The SEC officially classifies 16 crypto assets as DIGITAL COMMODITIES.$XRP $ETH $SOL $ADA $DOGE $AVAX $APT $BCH $HBAR $ALGO $LTC $DOT $SHIB $XLM $XTZ $LINKNot securities, not unregistered investments, not illegal.Like gold. Like oil. Like silver.Trade with ZERO fees at Poloniexhttps://t.co/FEKPTi1S97 ...
X @Messari
Messari· 2025-12-12 18:01
State of Algorand Q3 dropped:@AlgoFoundation put together a constructive Q3.QoQ Highlights 📊• Circulating market cap ⬆️ 14.2% to $1.83B• DeFi TVL ⬆️ 15.5% to $69.1M• Community-staked ALGO held at 1.54B• xGov launched on mainnetFull breakdown by @0xWeiler below ↙️0xWeiler (@0xWeiler):1/ @AlgoFoundation quietly put together a constructive Q3.📈Market cap rose 14.2% QoQ to $1.83B⬆️DeFi TVL grew 15.5%,💲Community staking stayed elevated after a breakout in the first 2 quarters of 2025.This quarter was about stabi ...
X @Whale Alert
Whale Alert· 2025-12-04 08:57
🚨 🚨 🚨 370,000,000 #ALGO (52,090,182 USD) transferred from unknown wallet to unknown wallethttps://t.co/t6ajwuRc4I ...