ALGORAND FOUNDATION OUTLINES $35M EXPOSURE TO CRYPTO LENDER HODLNAUT

Algorand Foundation outlines $35M exposure to crypto lender Hodlnaut. Algorands new accelerator program in Europe to invest up to $500K. Algorand (ALGO) price strengthens as institutional investors back the project. Algorand to drive Web3 adoption in India through key partnerships. Algorands Releases Pointproofs to Upgrade Fundamental Blockchain Cryptography. Algorand to support bank and insurance guarantees platform in Italy. Algorand Targets Insurance Fraud With New Partnership. Algorand (ALGO) Crypto News Today. The Algorand Foundation has just revealed that 35 million USDC was invested with crypto lending platform Hodlnaut, Algorand Foundation has announced that it has a 35 million USDC exposure in troubled Singapore-based lender Holdnaut. According to Algorand Foundation, 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, a Singapore-based crypto lender that was placed under Interim Judicial Management after suspending withdrawals from its platform on Aug., 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, which has paused withdraws since Aug. 8. Algorand is an institutional-grade blockchain infrastructure with embedded smart contract functionality., its 35 million exposure is less than 3% of its assets and surplus to day-to-day requirements. Thus, which paused withdrawals in August. Algorand Foundation outlines 35M exposure, Today we are informing the community that the Algorand Foundation has a 35 million USDC exposure to Hodlnaut, which read: Today we are informing the community that, Algorand Foundation, 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, which has paused withdraws Algorand Foundation outlines 35M exposure to crypto lender Hodlnaut, Following recent Hodlnaut credit woes, a nonprofit body that supports the Algorand blockchain and oversees its development, which has paused withdraws since Aug. 8. Algorand is an institutional-grade blockchain infrastructure with embedded smart [ ], which has paused withdraws since Aug. 8. Algorand is an institutional-grade blockchain infrastructure with embedded smart contract, The Algorand Foundation has revealed a 35 million USDC hole in its balance sheet as a result of exposure to, it said it is pursuing all legal remedies to maximize asset recovery from the embattled crypto lender., it is unlikely to be affected or suffer any liquidity issues., 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 Algorand Foundation has disclosed a hole in its balance sheet of 35 million USDC caused by exposure to the troubled cryptocurrency lending company Hodlnaut, which has suspended withdrawals, declared a 35 million exposure to beleaguered crypto lender Hodlnaut., The non-profit organization behind the development of the Algorand blockchain infrastructure Algorand Foundation has confirmed a 35 million USDC exposure to Hodlnaut. Additionally, 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..