Algorand Foundation's Head of Marketing Stephen Duignan kindly agreed to talk to YFarmX and answer some of our questions about the the foundation and its work.
The Algorand blockchain is an open-source, payments-focused blockchain network that uses a novel, more scalable form of a “proof-of-stake” consensus mechanism to solve one of the most persistent problems facing cryptocurrency: scalability.
ZKsync’s recent exploit resolution highlights the uneasy normalisation of bounty-based restitution in decentralised finance. While the protocol successfully recovered nearly $5 million through a safe-harbour arrangement, the broader context—$1.67 billion in quarterly crypto losses—underscores how rare such recoveries have become. As administrative keys remain a critical vulnerability, governance now faces the more delicate task of deciding what restitution, if any, looks like in practice.
From behind the bars of a high-security prison, Sam Bankman-Fried passionately defended his innocence in the FTX collapse during a phone call with The New York Sun, hinting at a political pivot toward Trump and criticising the legal process that led to his 25-year sentence.