Business
Algorand Foundation outlines $35M exposure to crypto lender Hodlnaut
The Foundation stated that it is “pursuing all legal remedies to maximize asset recovery.” 1570 Total views 24 Total shares 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… […]