Algorand CEO’s Hacked Account Compromised

The Algorand Foundation requested that its users abstain from clicking links and replying to direct messages after revealing that its CEO's account had been hijacked.
The Algorand Foundation requested that its users abstain from clicking links and replying to direct messages after revealing that its CEO's account had been hijacked.
Key takeaways: In a surprising turn of events, Algorand, one of the prominent blockchain platforms, is witnessing the closure of its largest decentralized finance (DeFi) protocol. The protocol, which had gained significant attention and user adoption, announced its decision toโฆ
SEC has argued that ALGO should be classified as a security based on an alleged unregistered securities offering conducted by the Algorand Foundation in 2019.ย
MyAlgo, a provider of Algorand wallets, advised customers to withdraw their money while the project looked into the cause of the most recent $9.2 million hack.