Former Twitter CEO Jack Dorsey’s latest tweet did not sit well with the Cardano creator, Charles Hoskinson, who squarely aimed at the Bitcoin proponent and said the Merge will kick off an “era” where all proof-of-stake (PoS) networks will be unfairly categorized as being similar to Ethereum. His tweet read, “Now begins the Era of...Read More
With energy sources getting expensive rapidly, the environmental impact of validating PoW crypto-assets is being studied intensely. The White House’s latest report mentions the excessive usage of energy by several industries, including cryptocurrency mining, was brought up by IOG CEO Charles Hoskinson. He went on to say that the paper, published on the order of...Read More
The feud between the Cardano founder and the Ethereum Classic community appears to have escalated. After an Ethereum Classic proponent accused Charles Hoskinson of attempting to milk the network following the proposed 20% miner tax, the Cardano founder slammed the entire project. In the latest tweet, Hoskinson called Ethereum Classic a “dead project” that serves...Read More
A reported 31% of Cardano’s staking pool operator (SPO) nodes are now running the protocol’s latest software. The update fixes a critical bug found in Cardano’s previous implementation, which raised questions about whether the network’s upcoming Vasil hard fork should be postponed. According to data from PoolTool, about 55% of nodes are still operating on...Read More
Cardano co-founder Charles Hoskinson has responded to critics who claim that the Vasil hard fork is being rushed after a critical bug was identified in version 1.35.2, which was supposed to be used for the upgrade. Hoskinson noted that everyone, including the network’s stake pool operators (SPOs), has thoroughly tested the code for months. He...Read More
With the upcoming Vasil hard fork, Cardano is expected to see an overhaul on the network. The focus will be on ramping up throughput and smart contract improvements. In a recent report, on-chain analytics platform, Messari observed that Cardano is “priced more aggressively” when compared to other growing ecosystems due to Vasil. It further said...Read More
Swiss-based digital asset bank Sygnum has added Cardano (ADA) to its bank-grade staking services for institutional clients. The bank’s customers can now earn rewards for staking ADA, the eighth largest cryptocurrency by market cap. According to a press release, Cardano has joined the list of other cryptocurrencies supported on Sygnum’s staking offerings, which currently consist...Read More
Cardano’s Vasil upgrade has been delayed for several weeks to ensure a smooth transition for the end users. But the Input Output Global (IOG) CEO, Charles Hoskinson, believes that things are moving in the right direction, steadily and systematically. While addressing the pushback of the highly anticipated upgrade in a brief update, the Cardano founder...Read More
Leading hardware wallet provider Ledger has expanded support for the Cardano ecosystem, allowing users to manage 100 such native tokens on their Ledger Live app while leveraging the security of the Ledger Nano. Ledger Expands Support for Cardano As the name suggests, Cardano native tokens are assets built on the Cardano blockchain. These assets behave...Read More
Cardano’s much-anticipated Vasil hard fork has been pushed to a few more weeks. The team is yet to specify a timeline. In a monthly update, Kevin Hammon, Technical Manager of Input Output Global (IOG), said the devs are fixing, testing thoroughly, and not rushing to ensure no significant issues are left out as the network...Read More
Cardano (ADA) has successfully conducted a hard fork of its testnet in readiness for the upcoming Vasil upgrade. The new development promises greater scalability and performance improvements to the network. The latest announcement was made on July 3 by Input-Output Global (IOG), the tech firm behind Cardano. IOHK (rebranded to IOG) now calls upon developers,...Read More
The first decentralized exchange tapping the Cardano blockchain has announced the launch date of its testnet. The project had previously released an NFT marketplace shortly after raising over $2 million in a funding round participated by Gal Gadot. AdaSwap’s DEX Testnet Arrives The press release shared with CryptoPotato informed that the project’s testnet is scheduled...Read More
The company behind the Cardano ecosystem – Input Output – announced the launch of its Ethereum Virtual Machine (EVM) sidechain alpha on the testnet. However, the layer-one blockchain did not specify if such EVM compatibility would be directly deployed to its mainnet one day. Interoperability Is The Future IOHK tweeted that the initiative will enable...Read More
Bitcoin plunged to a 16-month low, while the altcoins suffered even more in the past week or so. Despite bouncing off and reclaiming some ground, the situation is still dire, and Cardano’s Charles Hoskinson provided his outtake on it. Charles Hoskinson’s Views Cardano Founder Charles Hoskinson noted that the market is deep in a new...Read More
Blockpass, a digital identity verification provider partnering with various crypto wallets and exchanges, has started offering KYC services to Cardano’s commercial arm, EMURGO. Cardano-based addresses will be added to the Blockpass App, and projects can directly access on-chain KYC services, if needed, to comply with regulatory requirements. Positioned as the axis of the Cardano ecosystem,...Read More
On April 12, Charles Hoskinson, founder of Cardano, posted a “recap video” on his YouTube channel, explaining the new update that will make Cardano better after the “Vasil” hard fork. At the beginning of the video, Hoskinson mentioned that he was preparing for the upcoming Consensus 2022, which will take place in Austin, Texas, from...Read More
The Cardano Foundation – a non-profit overseeing Cardano’s development – has announced a three-year collaboration with the University of Zurich (UZH) to bolster academic blockchain research and education. The organizations’ research topics will include consensus protocol efficacy and Ouroborus attack vectors, among other things. Helping Cardano and All of Blockchain “Ouroborus” is the name of...Read More
On-chain analysis has shown that the number of mid-size ADA addresses has reached ATH. This may have contributed to the recent rally of ADA breaking from the months-long downward channel and now sitting above $1.20. In contrast, addresses holding more than 10K ADA have reached ATL. This could be a warning sign that mega whales...Read More
As the new quarter rolls in at full speed, Charles Hoskinson – the founder of Cardano – and Snoop Dogg, who needs no introduction, will discuss the Cardano ecosystem in a few days. Charles Hoskinson will be meeting Snoop Dogg to talk about the Cardano Ecosystem at Cardano360 on April 5th. This became clear earlier...Read More
WisdomTree, a New York-based exchange-traded fund (ETF) sponsor and asset management firm, announced this week the launch of three new crypto ETPs. They will track the performance of Solana (SOL), Cardano (ADA), and Polkadot (DOT). WisdomTree Launches New Crypto ETPs According to the official announcement, the new ETPs dubbed WisdomTree Solana (SOLW), WisdomTree Cardano (ADAW),...Read More
The SEC-regulated digital asset management company Wave Financial unveiled – the “Wave ADA Yield Fund” with an initial amount of $100 million. The exec said that the new fund will support the new decentralized exchanges, lending protocols, and stablecoin issuers building on top of Cardano. Wave ADA Yield Fund According to the official blog post,...Read More
IntoTheBlock – a blockchain intelligence firm – has reported a surge in interest for Cardano among institutional buyers. It cites a parabolic 50x increase in the cryptocurrency’s on-chain transactions worth over $100,000 in 2022 alone. As tweeted by the firm yesterday, over 69 billion ADA were moved as part of such large transactions just yesterday....Read More
By Rupmalini Sahu, Senior Product Manager At Coinbase, we’re focused on offering more ways for customers to earn crypto rewards. Today, we’re expanding our staking offerings to include Cardano (ADA) with plans to continue to scale our staking portfolio in 2022. Cardano is one of the top ten most valuable cryptocurrencies by market cap. It’s...Read More
Cardano network has seen notable traction in terms of total locked value (TVL) that has been on a steady rise since the beginning of the year. DeFi TVL on Cardano Skyrockets The latest stats from DeFi TVL aggregator Defi Llama suggests the total value locked (TVL) on Cardano’s decentralized finance (DeFi) protocols has broken a...Read More
March 8, 2022– Bashoswap, a Cardano-based project, announces the launch of the development of its innovative features as the ecosystem begins the private sale of its native token $BASH. Advertisement Bashoswap intends to provide an IDO launchpad and a decentralized exchange platform to help link Cardano developers and early community members of the ecosystem, allowing for...Read More
The Nordic-based financial technology firm – Lunar – closed a $77 million financing round. The organization reached a valuation of $2 billion and introduced a cryptocurrency trading platform. Lunar Dives Into The Crypto Industry The Danish company Lunar secured a $77 million Series D-2 funding round, bringing the series’ total to $310 million. The investment...Read More
AdaSwap – one of Cardano’s first decentralized finance (DeFi) protocols – recently raised $2.6M to build a new decentralized exchange (DEX) native to the developing blockchain. Funding was led by iAngels – a female-led Venture Capital firm – and included nine other leading VCs such as Shima Capital, Pluto Digital, and Coti. Even the producer,...Read More
The Cardano blockchain will have its first ZK rollup layer 2 solution – Orbis. The main objective is to support decentralized finance (DeFi) applications and a thriving blockchain ecosystem. A Wave of ZK Companies The official blog post by the team behind the protocol explained that Orbis offers the level of scalability and transaction throughput...Read More
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 Cardano(ADA) price had plateaued after falling down from a huge mountain. The top 6th crypto asset in recent times has accumulated significant gains and may continue surging high testing upper price zone. In the short-term the asset may face an interim drop, yet in the long-term, ADA price is extremely bullish. Advertisement The ADA...Read More
