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
Cardano Founder Charles Hoskinson took to YouTube recently to share his thoughts on what 2021 holds for Cardano’s governance, calling it “the most exciting year in the history of the project.” After gathering enormous amounts of data and training over 1000 Stake Pool Operators (SPOs), Cardano launched Shelley in July, a development which Hoskinson described...Read More
“I do not consider ETC my child and I have no expectations from the project,” IOHK’s Charles Hoskinson said during a recent AMA, remarks that were greeted with surprise by some since he was one of the co-founders of Ethereum back in 2013. While conducting a special New Year’s Eve AMA, the Cardano Founder went...Read More
As Bitcoin’s price rallied above $24000 and hit a new ATH, it garnered most of the institutional and retail attention this week and over the past weekend as well. With all focus on Bitcoin, investment flow into altcoins dried up. With dropping demand, altcoin trader profits bled based on data on top 10 altcoins based...Read More
Cardano is in the news today after Founder Charles Hoskinson announced that Cardano has launched an Ethereum Virtual Machine (EVM) developer net. Alright, the EVM DevNet is up: https://t.co/fp4iKJvRnZ start writing smart contracts on Cardano. I want to see what you all come up with. I’ll retweet projects — Charles Hoskinson (@IOHK_Charles) December 17, 2020...Read More
A hard fork was initiated on the Cardano network a few hours ago, one that has largely gone unnoticed, presumably due to the way in which it was executed. The hard fork was initiated to introduce the token locking mechanism to the Cardano blockchain and the complete transition will now take place on 16 December...Read More
Cardano’s rise during the bitcoin rally was parabolic but unlike the king coin, it wasn’t sustainable. The retracement pushed ADA down by a whopping 35% and since then, the coin has been consolidating. For now, we can expect ADA to keep continuing its consolidation until it reaches a boiling point. Post which, we can see...Read More
IOHK, the technology company behind the Cardano blockchain, today announced the introduction of SMASH – a Stake pool Metadata Aggregation Server, as a new component of the Cardano ecosystem. Noting that node decentralization is a “key element,” a primary reason behind introducing Smash is to allow IOHK to try and minimize the influence of bad...Read More
Offering a high-level summary of progress, Goguen and Cardano project managers, Dimitris Poulopoulos and Volodymyr Hulchenko stated that things were progressing well. Last month’s Cardano update involved a live demo of the ERC-20 convertor and Charles Hoskinson describing the Native Asset Standard as a way of treating tokens on Cardano as ‘first-class citizens’. It seems...Read More
The outlook for Cardano is bearish both on a long term and a short term basis. As explained in the previous article, there is a drop coming for Cardano and other altcoins; as for ADA, the drop might push it down to the 0.382-Fibonacci level. At press time, ADA was trading at $0.1079 and was...Read More
Alongside the rest of the altcoins, Cardano was a little late to the bullish rally and it did not last as long as expected. While the asset has maintained a position above $0.10 at press time, chances of a pullback below the price range is a possibility. However, the larger trend remains bullish for ADA,...Read More
While volatility is prevalent for all altcoins at the moment, Cardano is currently dealing with the bearish side of the market, re-testing its monthly support of $0.089 in the charts. While the valuation managed to pull itself back up at press time, the level of uncertainty continues to rise as we are looking forward to...Read More
Cardano just released the Goguen Roadmap, with most parts scheduled for delivery at the end of February 2021. Source: October Cardano monthly update With the rollout of Goguen, Cardano is becoming a smart contract platform. There is a shift from focusing on transactions alone to becoming a utility platform for partnerships, enterprises, and commercial applications...Read More
Disclaimer: The findings of the following article attempt to analyze the emerging patterns in the Cardano long-term market and its impact on the price. Cardano developers have been working relentlessly towards their decentralization goal and released the updated version of its Daedalus wallet today. The digital asset was experiencing an upwards rally before the trend...Read More
Cardano had been working on the Daedalus wallet update 2.4.0 for a long time now and was working on the final stages of Trezor hardware wallet integration. After much work, the team has finally released the new Daedalus 2.4.0 which will continue to improve the Cardano delegation user experience. According to @InputOutputHK, the new update...Read More
Disclaimer: The findings of the following article are the sole opinion of the writer and should not be considered investment advice Cardano, the cryptocurrency ranked 10th on the charts, was on quite an upwards trajectory for most of the second and third quarters of 2020. Since July, however, ADA seems to be doing nothing, but correcting...Read More
CEO of IOHK Charles Hoskinson, in a recently concluded surprise AMA, addressed viewers and provided the community with important updates on the much-anticipated Goguen Roadmap which will reportedly be released on 29 October. According to Hoskinson, Goguen will be released in a series of updates and hard fork events, each of which will add another...Read More
