Algorand (ALGO)
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Coinbase will suspend Algorand pledge awards from March 29
On March 23rd, Coinbase (COIN) announced that it would no longer provide Algorand token (ALGO) pledge incentives from March 29th. The token can still be used for transactions. A Coinbase spokesperson did not provide a reason for terminating the Algorand award, but stated in an email that “all awards for the Algorand governance period ending March 31 will be paid in early April.”. A spokesman for Coinbase said, “Coinbase cooperates with asset issuers to provide rewards and continuously reassesses our products to ensure the best customer experience. We have decided…
