The Cardano network is now in the second position to Bitcoin, thereby outpacing both Litecoin as well as its rival smart contract platform Ethereum in terms of 24-hour transaction volume. Cardano’s On-chain Activity According to the data curated by Messari, over the past day, the Cardano blockchain registered a transaction volume of a whopping $17.04...Read More
The number of unique wallets on the Cardano blockchain holding ADA has hit a new all-time high, surpassing the previous record from December 2021. ADA Wallets Hits 3 Million In a tweet today, the Proof-of-Stake blockchain announced that it had hit 3 million ADA wallets less than two months after it recorded a total number...Read More
Input Output Hong Kong (IOHK), the research and development company behind the Cardano blockchain, has announced that the network is on track to increase its block size by 11%. Increasing Cardano’s Block Size to 80KB Announcing the new update via a tweet on Wednesday, IOHK noted that the proposal will see the total block size...Read More
The most recent price plummets in the cryptocurrency market have not deterred large investors from accumulating more portions of certain assets. This became evident for Cardano’s native token, as on-chain data revealed that some ADA wallets have more than doubled their holdings in less than two weeks. ADA Appetite Increases With Lower Prices It’s safe...Read More
The Cardano community and the rest of the crypto industry were excited when smart contracts were enabled on the network following its Alonzo upgrade last year. However, there have been some minor issues since then. SundaeSwap Goes Live on Cardano Four months later, the first Cardano-based decentralized app (dApp), SundaeSwap, launched its mainnet on January...Read More
The Cardano Foundation teamed up with its official commercial arm – EMURGO – to launch a joint project. The main goal is to support the ecosystem of the blockchain protocol and accelerate decentralized application development. ‘We Want to Ensure We Enable The Architects of The Future’ According to a recent blog post, the project will...Read More
Samsung – one of the world’s leading technology companies and a smartphone behemoth brand – has teamed up with Veritree to combat the adverse effects of climate change. According to an official blog post, Samsung Electronics America is launching a new project designed to act in support of a healthier climate and planet. The company...Read More
Charles Hoskinson, the founder of Cardano – one of the world’s leading blockchain projects – laid out some thought on the last day of 2021. Yesterday, he went live on an hour-long YouTube video, talking about the past, the present, and the future of Cardano and the industry as a whole. One of the things...Read More
While Ethereum and Bitcoin have touched multiple all-time highs in the last two months, Cardano hasn’t seen any new peaks since September. Launching smart contracts didn’t seem to put much wind in its sails, and its market cap continues to decline. Slow Period for Cardano As of September 2nd, 2021, ADA’s price peaked at over...Read More
Ardana, the DeFi and stablecoin hub built on the Cardano ecosystem, announced today that it has entered into a strategic partnership with the decentralized application (dApp) platform, NEAR. According to an official press release shared with CryptoPotato, the collaboration will see Ardana build a bridge infrastructure to facilitate the seamless transfer of assets between Cardano...Read More
Emurgo, the commercial branch of the Cardano ecosystem, has released a new product focusing on investing in startup protocols that want to build on the Cardano blockchain. This comes after several notable announcements from Charles Hoskinson’s team in the past few days. The official press release reads that the new investment vehicle, which will be...Read More
InputOutput (IOKH), the technology company behind the Cardano open-source blockchain project, announced in the ongoing Cardano Summit 2021 that it has partnered with decentralized blockchain oracle network Chainlink. Tremendous Respect for Cardano As per the announcement, the partnership will see Cardano integrate Chainlink’s oracles to support developers as they prepare to start building smart contracts...Read More
The strategic partnership aims to introduce Cardano’s blockchain technology to DISH’s telecom services, likely to boost Cardano’s adoption and benefiting DISH’s users with 8 million digital identities (D.I.D) on phones satellite. DISH and Cardano Speaking at the Cardano Summit 2021, Hoskinson said that while the main idea was to create a network where users can...Read More
COTI, an enterprise-grade fintech platform that empowers organizations to build their payment solutions, recently announced that it will be partnering with Cardano’s stablecoin hub, Ardana. The collaboration will introduce stablecoin crypto-to-fiat payments aimed at the Cardano community, in addition to consumers and merchants worldwide. Speaking in a statement, COTI’s CEO, Shahaf Bar-Geffen, said, “Today, COTI...Read More
The wait is finally over. After years of researching and producing a multitude of peer-reviewed papers on the network’s structure, potential, ideas, goals, and whatnot, Cardano now has smart contracts capabilities to further bolster its ecosystem. Alonzo Mainnet Now Live As of now, Cardano saw an important hard fork go through, and Alonzo is now...Read More
With just a few days left until the long-anticipated Cardano network upgrade and hard fork, Binance indicated that it will support the event. This comes as more than 80% of the Cardano pools have successfully upgraded to Alonzo 1.29.0. In a statement from September 9th, the leading digital asset exchange announced its intentions to support...Read More
Cardano, the third-largest cryptocurrency by market capitalization behind Bitcoin and Ethereum, came under criticism after reports of a concurrency issue found in the testnet. Concurrency Crisis for ADA? The Cardano team earlier in September announced that the smart contract functionality was now available on the Alonzo Testnet. Following the deployment of smart contracts, the Alonzo...Read More
The team behind the third-largest cryptocurrency by means of market capitalization – Cardano – announced that they’ve successfully added smart contract capabilities to the current testnet of the platform. Smart Contracts Live on Alonzo In an announcement made on September 2nd, Input Output – the research and development company behind Cardano – revealed that they’ve...Read More
Input-Output HK – development company and driving force behind Cardano (ADA) – joined forces with the European Business University of Luxemburg (EBU). Their goal is to make education in developing African countries more “accessible, affordable, and equitable.” Cardano’s New African Endeavors The research and development organization Input-Output HK (IOHK) announced the collaboration with the European...Read More
The Cardano Foundation has now selected Coinfirm, a leading provider of regulatory technology solutions, to deploy AML/CFT analytics for the Cardano blockchain and all associated tokens. The Importance of Blockchain Analytics The two parties announced the collaboration on August 24th. It reads that the deployment of these new analytics services will ensure that Cardano remains...Read More
Bitcoin has initiated another leg up, resulting in charting a new two-month high of just over $42,000. Apart from Chainlink, most alternative coins trail behind, and BTC’s market dominance has increased to well above 48%. Bitcoin Taps a 2-Month High As reported earlier this week, bitcoin went on a tear after dabbling with the $33,000...Read More
After gaining $6,000 in a few days, bitcoin’s price has calmed around the coveted $40,000 mark. Some alternative coins have outperformed their leader in the past 24 hours with notable gains from XRP, UNI, LINK, and SOL. SOL Rises 14% as ETH Touches $2.4K The past several days have been highly bullish for the alternative...Read More
ADA/USD – ADA Trades Inside Ascending Price Channel Key Support Levels: $1.23, $1.18, $1.12.Key Resistance Levels: $1.30 – $1.32, $1.40, $1.45. ADA is up 22% since rebounding from support at $1.05 nine days ago. From there, the cryptocurrency established an ascending price channel as it broke above the 200-day MA and the 2-day MA. ADA...Read More
Cardano’s Alonzo testnet went through a hardfork yesterday. Alonzo White, as the effort is called, was successfully implemented, so let’s examine what’s next for the network. Alonzo White Hardfork Successful In a Twitter update from yesterday, IOHK revealed that the Alonzo testnet went through a successful hardfork called Alonzo White. “We’ll monitor the new network...Read More
Following another drop to around $33,000, bitcoin has bounced off and neared $35,000 once again. The alternative coins, especially some connected to the DeFi sector, have seen more substantial gains, with Uniswap rising 11% and Aave and Compound jumping by more than 20%. DeFi Coins Surge by Double-Digits After marking minor losses yesterday, most of...Read More
Following the positive weekend in terms of trading action, bitcoin has retraced by a few thousand dollars to just above $34,000. Most altcoins have also failed to continue upwards as ETH has dipped below $2,300, and BNB is close to breaking beneath $300. Bitcoin’s Trading Volume Drops as BTC Retraces Bitcoin proved most assumptions wrong...Read More
Bitcoin’s weekend struggles seem to be nowhere near as the cryptocurrency initiated another leg up and reclaimed $35,000. Most of the altcoins have charted gains as well, with Ethereum jumping above $2,300 for the first time since mid-June. Bitcoin Reconquers $35K After the volatile week in which BTC reached a multi-day high of $36,600 and...Read More
ADA – the cryptocurrency fueling the Cardano blockchain – now has over $30B worth staked on the network. That’s over 70% of the token’s circulating supply while making Cardano the most capitalized blockchain by staked value, with Ethereum in a distant second at about $12B. Anticipating Smart Contracts The $31.4B figure is gleaned from PoolTool’s...Read More
After the enhanced volatility in the past few days in which BTC displayed several multi-thousand dollar moves, the cryptocurrency has calmed around $35,000. Some altcoins have charted more significant gains, with ETH reclaiming $2,100 and DOT surging 6%. ETH Above $2,100; DOT Reconquers $16 The alternative coins mimicked BTC’s performance in the past several days...Read More
After the Saturday bloodbath in which bitcoin dipped to just over $30,000, the cryptocurrency has bounced off and recovered more than $3,000 of value. Most altcoins have also reacted well, with ETH surging to nearly $1,900, and the market cap has reclaimed $100 billion in a day. Bitcoin Spikes Above $33K As it happened during...Read More
