Tether Revises Plans to Freeze USDT on Five ‘Legacy’ Blockchains
The stablecoin issuer Tether has abandoned its plans to freeze USDT tokens circulating on the Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand networks.Algorand is a carbon-negative blockchain for decentralized applications. The project's native coin is ALGO.
Tether Revises Plans to Freeze USDT on Five ‘Legacy’ Blockchains
The stablecoin issuer Tether has abandoned its plans to freeze USDT tokens circulating on the Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand networks.
Tether to Cease Support for Five ‘Legacy’ Blockchains
From September 1, Tether will halt the redemption of USDT on five networks—Algorand, Bitcoin Cash SLP, EOS, Kusama, and Omni Layer—and will freeze the remaining tokens. Tether to Wind Down USD₮ Support for Five Legacy Blockchains as Part of Strategic Infrastructure ReviewLearn more: https://t.co/MxVGdUnEhA — Tether (@Tether_to) July 11, 2025 “Ending support for these legacy […]
Tether Halts USDT Issuance on EOS and Algorand
From June 24, 2024, Tether will cease the issuance of its stablecoin USDT on the EOS and Algorand blockchains. Tether Announces Strategic Transition to Prioritize Community-Driven Blockchain SupportRead more: https://t.co/UCL1MJt2WO — Tether (@Tether_to) June 24, 2024 “Tether will continue to redeem USDT on EOS and Algorand as usual for the next 12 months,” the statement […]
Hacker Breaches Algorand CEO’s X Account to Criticise Project
On January 26, a hacker compromised the X account of Algorand Foundation CEO Staci Warden, yet refrained from posting phishing links. ‼️ @StaciW_DC’s account has been compromised. Please do not click on any links on her account or respond to DMs. We are in the process of recovering it. — Algorand Foundation (@AlgoFoundation) January 26, […]
SEC sues Kraken over lack of registration
The U.S. Securities and Exchange Commission (SEC) filed suit against Kraken's parent companies for failing to register as a trading platform.
Crypto community criticises SEC chair Gary Gensler for double standards
During the SEC's proceedings against the crypto exchange Bittrex, the regulator equated the Algorand blockchain's native token (ALGO) to a security, sparking outrage in the crypto community.
MyAlgo Wallet Users Urged to Withdraw Funds After Hacks
The MyAlgo cryptocurrency wallet team urged users to transfer funds to secure addresses after a series of hacks identified last week.
Hodlnaut owes Algorand Foundation $35 million, Foundation says
The Hodlnaut crypto-lending platform owes Algorand Foundation $35 million in USD Coin (USDC). The nonprofit organization said it would use “all available legal remedies” to recover the assets.
Algorand team reports fivefold boost in network throughput
Developers of Algorand carried out a network upgrade. According to the statement, the update increased the blockchain's throughput from 1,200 to 6,000 TPS.
What is Algorand (ALGO)?
Who created Algorand and when? How does the blockchain work and how is its tokenomics structured? We answer these and other questions in a set of educational cards.We use cookies to improve the quality of our service.
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