Cardano’s native cryptocurrency – ADA – will be available for direct purchases from credit or debit cards, Apple Pay, or even bank transfers. This becomes possible following a partnership between the popular blockchain project and Simplex – a solution facilitating fiat on/off ramps to the cryptocurrency ecosystem. Cardano Partners With Simplex Founded in 2014, Simplex...Read More
The University of Zurich has announced that they are adding Cardano to their “Deep Dive into Blockchain 2021” curriculum. It will be taught to students studying in the UZH Blockchain Center modules and is being posited as a ‘blockchain platform for changemakers, innovators, and visionaries’ to ‘bring about positive global change.’ Blockchain Education The course...Read More
IOHK CEO Charles Hoskinson has replied to critics calling Cardano a scam that has not been able to develop any smart contracts since its launch. Baseless Allegations Drive Investors Away Responding to comments made by Bankless podcast co-owner David Hoffman, Hoskinson noted that over the years, podcasters had used their platform to level baseless allegations...Read More
Multinational blockchain technology company Emurgo initially announced the AgeUSD stablecoin in January 2021. The firm has since announced a partnership between the Ergo Foundation, Emurgo, and Charles Hoskinson’s Input-Output Global, the parent company of IOHK. The AgeUSD stablecoin will be available on Cardano as soon as smart contract capabilities are launched on the blockchain, it...Read More
Cardano has released more details on Plutus, it’s native programming language that will be used to write smart contracts after its next major upgrade, Alonzo. In a blog post on April 13, IOHK – the firm behind Cardano – explained that Plutus contracts consist of parts that run on-chain and parts that run on a...Read More
The Cardano Foundation has partnered with a goods and products platform providing digital brand protection – Scantrust – to launch a supply chain traceability and anti-counterfeit solution. The first implementation saw the light of day with a Georgian artisan wine producer. The Cardano-Wine Connection The independent Swiss non-for-profit organization behind the popular Cardano blockchain announced...Read More
IOHK, the company behind Cardano, has partnered with Orion Protocol, becoming the first liquidity aggregator of the Cardano blockchain. Orion has provided a non-custodial gateway to the crypto market by aggregating liquidity from crypto exchanges into a single DeFi platform. The partnership with Cardano comes after a series of integration to other protocols, such as...Read More
On March 31, Cardano will become a fully decentralized platform, this means that over 1,800 community pools will be responsible for block production. Since the release of the Shelley update in July 2020, Cardano was slightly criticized by the DeFi community for issuing their own blocks while its SPO (stake pool operator) was being developed,...Read More
While doing the necessary work on the upcoming hard fork Alonzo, Cardano’s founder Charles Hoskinson said that his project would also focus on NFTs and NFT marketplaces. He noted that Cardano has already carried conversations with several such marketplaces about potentially transitioning to its blockchain. Cardano and the NFT Mania Non-fungible Tokens (NFTs) are undoubtedly...Read More
The founder of Cardano, Charles Hoskinson, has stated that his company has seen “overwhelming demand” despite only being in the second stage of its Goguen upgrade. Currently, Cardano does not have programmability at the base layer, with no smart contracts for the moment, but this didn’t stop companies from subscribing to it, according to Hoskinson....Read More
Cardano is working on new deals that will bring millions of users into its ecosystem, said the project’s founder Charles Hoskinson. He added that his team is negotiating contracts with several African nations to enable citizens to have digital identities linked to wallets and payment systems. Millions of Users Coming on Cardano While speaking during...Read More
The US government sent another set of stimulus checks to its citizens following the most recent relief bill signed by President Joe Biden. Interestingly, two surveys asking people how they plan to utilize the funds indicated that about 10% will be allocated in cryptocurrencies. 10% of Americans to Put Stimulus in Crypto? Earlier this month,...Read More
Cardano’s founder Charles Hoskinson is the latest to address the growing threat of fake cryptocurrency giveaways. He blamed social media platforms like Twitter and YouTube for inaction, threatened to delete his accounts, and said his company will investigate if these giant firms are actually benefiting from the ongoing scams. The Growing Threat of Crypto Giveaway...Read More
Decentralized finance representatives like Uniswap are bubbles that come and go, but Cardano is looking to run entire countries on its blockchain, said Charles Hoskinson. In a recent interview, the project’s founder also predicted that at least 100 protocols could switch from Ethereum to Cardano when it goes live. From Ethereum to Cardano While speaking...Read More
Less than a year after launching its IOHK-owned network of federated nodes, Cardano is on schedule to reach full decentralization at the end of March 2021. At that point, the already established network of over 1,800 community pools will be responsible for producing all new blocks. Cardano Goes for Full Decentralization With the approaching so-called...Read More
Late on Monday, March 1, Cardano announced the successful upgrade of the network stating that it is a key milestone in its ongoing rollout. It added that the update introduces core Goguen features of native token functionality and multi-asset support. Goguen is a major upgrade stage on the Cardano roadmap which introduces smart contracts and...Read More
A few months following a Cardano integration, the DLT project Wolfram Blockchain Labs (WBL) has done the same with Tezos. As a result, developers working on blockchain analytics and computational contracts will be able to employ the Tezos network. WBL Integrates Tezos WBL is a provider of distributed ledger technology (DLT) solutions that support the...Read More
FD7 Ventures, the cryptocurrency-oriented fund that recently vowed to dispose of its BTC holdings for ADA and DOT, has set up a $250 million micro-fund focusing on investments in teams working on the ecosystems of Polkadot and Cardano. FD7 Goes to India for DOT and ADA Based in Dubai, UAE, FD7 is a crypto-oriented investment...Read More
This week saw a serious correction in the total cryptocurrency market. This has resulted in Bitcoin falling below the $1 trillion market cap level. The price corrected by more than 20% at one point as it lost around $13,000 from the recent all-time high before correcting to where it currently trades at around $48K. In...Read More
Dubai-based cryptocurrency investment fund currently sitting on $1 billion in AUM believes that the value of Cardano and Polkadot will be higher than that of BTC in the upcoming years. Consequently, the fund has announced plans to dispose of $750 million of its Bitcoin holdings and expand its exposure to ADA and DOT instead. Crypto...Read More
Cardano, a decentralized open-source project that runs a public blockchain platform for smart contracts, has recently released a date for its long-awaited Hard Fork Combinator (HFC) event dubbed “Mary.” Cardano To Launch Mary On March 1 According to an update on Tuesday by the project’s founder, Charles Hoskinson, the network upgrade will take place on...Read More
Cardano’s native cryptocurrency, ADA was trading at $0.9203 at the time of writing and is currently the fourth-largest cryptocurrency by market cap. For a token that surged by over 400% since the beginning of the year, questions arose as to what exactly caused the sudden surge in its price. According to Cardano Founder Charles Hoskinson,...Read More
After recording yet another ATH on the charts, one well beyond $1,800, Ethereum currently has its eyes set on the $2,000-mark. While quite a few of its on-chain metrics are flashing positive signs, other noticeable concerns are creeping up as well. The culprit here, according to many, is a familiar foe (fee*). Source: Coinstats Ethereum...Read More
SingularityNET, a decentralized platform for AI apps, is in the news today after its most significant democratic vote came to an end, with CEO Dr. Ben Goertzel announcing the results on YouTube. The aforementioned vote took place after a phase two proposal was put forth to the AGI token holding community to determine a number...Read More
Binance, arguably the world’s biggest crypto-exchange, has often made headlines for the host of regular developments in its ecosystem. It is in the news again today after the exchange announced that it has launched staking services for two more tokens, Cardano [ADA] and Cosmos [ATOM]. #Binance Staking Launches $ADA @Cardano and $ATOM @cosmos Staking with...Read More
The much-anticipated Mary hard fork will take place today on the Cardano testnet at 20:20:16 UTC, according to an announcement made by IOHK a few hours ago. Via the said announcement, IOHK also confirmed that the Goguen native token upgrade will take place at the next testnet epoch rollover, transforming Cardano into a multi-asset network....Read More
With the Mary hard fork around the corner, the Cardano blockchain will soon see some significant updates. These include token forging and a multi-asset ledger, both of which will pave the way for decentralized applications (DApps), native tokens, and DeFi use cases. This was the roadmap highlighted by the Cardano Foundation’s Elliot Hill in a...Read More
From a lowly $0.17 on 1st January, Cardano has taken an authoritative charge in the market, rallying by more than 100% over the course of the past 3 weeks. Currently valued at $0.360 on the charts, Cardano had a market cap of $11.18 billion sitting tightly at 6th in the market. Cardano 6-hour chart Source:...Read More
Cardano Founder Charles Hoskinson’s updates have been crucial to the development of the ecosystem over the past year. So is the case this time too, with IOHK’s CEO giving the community some important updates during his latest AMA. During the same, Hoskinson revealed that the Mary hard fork is coming in February, with the same...Read More
Cryptocurrencies surged in the past year, as market participants recorded sizeable returns and mainstream adoption increased significantly. Crypto rewards platforms too benefited from these developments, noting record high-interest payments to clients on numerous cryptocurrencies deposited. Rewards platform, Celsius Network announced earlier today that it will be adding Cardano [ADA] to the list of supported cryptocurrencies...Read More
