Cardano is at a critical crossroads as it seeks to redefine its role in the cryptocurrency market by focusing on Bitcoin-based DeFi, even as it faces significant governance challenges. Despite notable technological progress with projects like Leios, Hydra, and the Midnight Glacier Drop, Cardano has struggled to convert these innovations ...
Cardano has introduced Cardinal, its first decentralized finance (DeFi) protocol tailored for Bitcoin users. Announced by Cardano founder Charles Hoskinson on June 9 via X, Cardinal was developed by Input Output, the team behind Cardano’s research and development. 🧵1/ Introducing Cardinal Protocol 🟧 A new primitive for Bitcoin: → Wrap ...
NYSE Arca, a subsidiary of the NYSE Group, has officially filed a proposal with the U.S. SEC to list and trade shares of a Grayscale Cardano Trust, marking the asset manager’s first standalone investment product for the ADA cryptocurrency. According to the February 10 filing, Coinbase Custody Trust Company will ...
The current state of Cardano and Solana in the market has prompted traders to seek alternatives that may serve as a hedge against potential losses. Among these options, many are turning to a new DeFi token called RCO Finance, with projections of an extraordinary rise of 50,000%. But what are ...
Cardano founder Charles Hoskinson has reacted to comments praising Input Output Hong Kong (IOHK), the firm behind the Cardano blockchain, for consistently fulfilling its promises to the ecosystem. https://t.co/avzP6quCLF pic.twitter.com/AsWdZJuT3I — Charles Hoskinson (@IOHK_Charles) December 9, 2024 On December 8, Taptool, a Cardano analytics platform, complimented IOHK as an "overachiever" ...
Remember when Dogecoin was just a joke, and Shiba Inu seemed like a fleeting trend? Fast forward, and those who got in early are laughing all the way to the bank. If you missed those boats, don't sweat it—there's a new ship setting sail: BTFD Coin (BTFD). This could be ...
Why the PropiChain Presale Is a Golden Opportunity Currently priced at $0.004, PropiChain’s presale offers an unparalleled entry point. As it transitions to Stage 2, the price is expected to rise to $0.011, representing a 275% increase. Early investors stand to gain the most as the token begins its journey to a projected $1 ...
Cardano founder Charles Hoskinson has openly criticized the Wyoming Stable Token Commission for excluding his blockchain network from the state’s upcoming stablecoin project. In a November 25 video shared on X, Hoskinson accused the commission of favouritism and a lack of transparency, claiming the decision-making process failed to include fair ...
The Cardano Foundation, a nonprofit organization focused on advancing the Cardano blockchain ecosystem, has reported assets totalling $478 million for 2023, with most of these held in Cardano's native ADA tokens. According to its 2023 Financial Insights Report, released on November 13, around 82.5% of the foundation's assets are in ...
Cardano has successfully completed its Chang upgrade, marking a transition to a decentralized governance system that empowers ADA holders to shape the network's future. This upgrade introduces a significant change: decentralizing Cardano's governance via on-chain voting. According to the Cardano team, the blockchain is entering the "Conway ledger era," which ...
