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The Coin Rise 2022-09-12 06:55:47

Algorand has a $35M exposure to troubled crypto lender Hodlnaut

A $35 million USDC exposure in troubled Singapore-based lender Holdnaut has been disclosed by Algorand Foundation. Algorand Foundation claims that its $35 million exposure is less than 3% of its assets and is adequate for day-to-day needs. It is therefore unlikely to get impacted or experience any liquidity problems. As part of its objective, the […]The post Algorand has a $35M exposure to troubled crypto lender Hodlnaut appeared first on Blockchain, Crypto and Stock News.

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