Tag: News

U.S. private-sector employment increased by 62,000 jobs in March, significantly outperforming the market expectation of 40,000. Education and health services led the gains with 58,000 new positions, while manufacturing saw a decline of 11,000 roles. The stronger-than-expected data suggests a resilient labor market, potentially giving the Federal Reserve more room to maintain higher interest rates for longer. The U.S....

The native token of Algorand (ALGO) jumped over 24% this week, reclaiming the $0.10 level and pushing its market capitalization back toward $1 billion. A landmark whitepaper from Google Quantum AI, UC Berkeley, and the Ethereum Foundation cited Algorand 32 times, trailing only Bitcoin and Ethereum in total mentions. The report specifically praised Algorand’s live deployment of Falcon digital signatures and state proofs, which protect the...

The number of protocols affected by the Drift Protocol vulnerability has expanded from 11 to 20 within the last 24 hours. Prime Numbers Fi has emerged as the hardest-hit victim among the new wave, with estimated losses exceeding $10 million. Total losses across the Solana ecosystem connected to the incident are now estimated at approximately $285 million. The contagion from the recent Drift Protocol security breach has significantly...