Cardano

The number of smart contracts deployed on the Cardano ($ADA) network has grown by more than 300% year-to-date as the cryptocurrency’s network keeps on growing, despite the ongoing bear market. According to data from Cardano Blockchain Insights, as Finbold reports, there were 947 Plutus smart contracts on the Cardano network at the beginning of the year. That […]

As of Friday (25 November 2022), there are 1,146 projects powered by Cardano, but that’s just the tip of the iceberg as far as good news you will hearing about in this article is concerned. As Olga Hryniuk, who works in the Marketing and Communications department of IO Global (IOG), the blockchain technology firm responsible for the […]

Data from the Cardano ($ADA) network shows that the number of wallets on it has grown by over 100,000 so far this month in the wake of FTX’s collapse, as cryptocurrency users are seemingly moving their funds to wallets they control on-chain. According to data from Cardano Blockchain Insights, the number of Cardano wallets has […]

Recently, Input Output Global (aka “IOG”), the blockchain technology firm behind Cardano’s R&D, compared how staking works in Proof-of-Stake (PoS) blockchains Ethereum and Cardano. Here is how Kraken Intelligence, the research arm of crypto exchange Kraken, described staking in Cardano in a 42-page research report (titled “Cardano: A new generation in smart contract platform design), which was […]

Shortly after the introduction of confidentiality platform Midnight at last week’s IO ScotFest event in Edunburgh, Scotland, IOG Co-Founder and CEO Charles Hoskinson explained why Midnight handles disclosure at the DApp level not the protocol level. On Friday and Saturday of last week, the city of Edinburgh in Scotland, which is “the birthplace of Cardano’s […]

On Thursday (24 November 2022), two Cardano-powered projects — Ardana and Orbis — unexpectedly came to a halt, but this doesn’t seem to have dented the enthusiasm, passion, and optimism of the Cardano community presumably due to the rich depth of the ecosystem. The two announcements came or less at the same time. First, at […]

A Cardano-powered algorithmic stablecoin called Djed ($DJED) is set to launch early next year on the smart contract platform’s mainnet, according to an announcement developers made at the Cardano Summit in Lausanne, Switzerland. Djed, as CryptoGlobe previously reported, is an algorithmic stablecoin issued by fintech startup COTI Group. It’s a crypto-backed pegged algorithmic stablecoin for […]

The stablecoin native to the Cardano ($ADA) network has recently been launched along with other synthetic assets via the Indigo Protocol on the cryptocurrency’s blockchain. The Indigo Protocol was launched to issue decentralized synthetic assets on Cardano. According to an announcement from the protocol, synthetic assets were recently launched along with iUSD, a stablecoin whose […]

On Tuesday (22 November 2022), The Japanese subsidiary of crypto exchange Coinbase had a great announcement for Japan-based $ADA holders. Coinbase Japan says that it has finally listed $ADA: On 18 August 2021, Coinbase announced that it had launched operations in Japan, which it described as “one of the first countries to embrace crypto and […]

On Friday (18 November 2022), EMURGO, which is the commercial arm of Cardano, announced the planned launch of its new dollar-backed stablecoin USDA, which is “the first fully fiat-backed, regulatory compliant stablecoin in the Cardano ecosystem.” EMURGO, which was founded in 2017, is “a global blockchain technology company providing solutions for developers, startups, enterprises, and governments”; […]

In the wake of FTX’s collapse, cryptocurrency users are seemingly moving their funds to wallets they control on-chain. Cardano ($ADA) wallets have, for example, seen their growth accelerate over the past few days. According to data from Cardano Blockchain Insights, the number of Cardano wallets has recently grown by well over 30,000 in a week, […]

Recently, IO Global (aka “IOG”, formerly known as “IOHK”), the company responsible for Cardano’s R&D, together with Obsidian Systems, explained what is being done to “drive the development of use cases based on the Hydra Head protocol.” What Is Hydra? In a blog post published on 17 September 2021, Sebastien Nagel, Software Engineering Lead at IOG, said that […]

French cryptocurrency hardware wallet manufacturer Ledger has added a new experimental feature for Cardano ($ADA) holders that allows them to make Plutus V2 smart contract transactions on their Ledger devices. Paris-headquartered Ledger was co-founded in 2014 by Eric Larchevêque, Nicolas Bacca, Joel Pobeda, and Thomas France. It currently makes three crypto hardware wallets: Ledger Nano X and Ledger […]

The cryptocurrency community has set a bullish price target for smart contract platform Cardano ($ADA) this month, presumably taking into account the network’s improved performance after the Vasil hard fork and its growing adoption. According to estimates made on CoinMarketCap’s pages, the average of around 7,100 cryptocurrency community members points to the smart contract platform’s […]

Delio, which claims to be South Korea’s first cryptocurrency bank, is reportedly about to list Cardano’s $ADA token and plans to launch a staking service for it. On 7 July 2022, Finextra reported that Delio had “launched the country’s first cryptocurrency bank, offering a money market deposit account (MMDA) that enables crypto deposit and withdrawal […]

On Thursday (3 November 2022), Frederik Greggard, the CEO of Cardano Foundation, explained how the “new process in place” for Cardano Improvement Proposals (“CIPs”) works and why this will not only help them reach their open source goals but also help the Cardano ecosystem. Cardano Foundation is “an independent Swiss-based non-profit that oversees and supervises the […]

Recently, pseudonymous Cardano ($ADA) influencer “ADA whale” (“cardano_whale” on Twitter) explained why Cardano’s relatively small ledger size has material importance. Last Sunday (30 October 2022), “ADA whale” took to Twitter to tell his over 117K followers that Cardano’s full larger takes up less than 100GB of storage, which means that you only need basic (i.e. inexpensive) […]

On Monday (31 October 2022), i.e. Halloween 2022, Cardano Foundation announced the on-chain stats for October, and thankfully the numbers were healthy enough not to scare any $ADA HODLers. Cardano Foundation is “an independent Swiss-based non-profit that oversees and supervises the advancement of Cardano.” It is the legal custodian of the Cardano brand and it […]

Popular cryptocurrency analyst Michaël van de Poppe has recently shared his thoughts on the smart contract platform Cardano ($ADA), and pointed to a “long-term, massive area to buy” the cryptocurrency. In a tweet van de Poppe shared with his over 600,000 followers on the microblogging platform, the analyst noted that Cardano is near a “massive area […]

Charles Hoskinson, Co-Founder and CEO of IO Global (aka “IOG”, formerly known as “IOHK”), the company responsible for Cardano’s R&D, seems to believe that Tesla and SpaceX CEO Elon Musk is going to bring Dogecoin ($DOGE) to micro blogging platform Twitter, which he purchased last week for $44 billion. Dogecoin was initially released on 6 December 2013, as a […]

Charles Hoskinson, Co-Founder and CEO of IO Global (aka “IOG”, formerly known as “IOHK”), the company responsible for Cardano’s R&D, says that in the long term Cardano will evolve into “a network of blockchains.” According to a report by The Daily Hodl, in a video released on Tuesday (October 25), Hoskinson made the following prediction: “Cardano will […]

As the total market capitalization of all cryptocurrencies on the market nears the $1 trillion mark for the first time since mid-September after weeks of sideways price action, Cardano ($ADA) and Ethereum ($ETH) are leading the cryptocurrency market’s recovery. According to market data from leading institutional digital asset data provider CryptoCompare, Ethereum ($ETH) is up […]

Earlier today, social analytics startup LunarCrush made an announcement that should delight but not shock $ADA HODLers. On Tuesday (October 25), Cardano Foundation CEO Frederik Gregaard met German economist Dr. Stefan Berger, who is a member of European Parliament. In his tweet about this meeting, Berger called Cardano “a rocket in the crypto space”. On […]

The CEO of popular cryptocurrency exchange FTX, crypto billionaire Sam Bankman-Fried (SBF), has said that the trading platform is set to soon list Cardano ($ADA) as it’s on the exchange’s roadmap. In response to a Cardano community member who suggested FTX wouldn’t list $ADA because they “view Cardano as a threat to everything they want […]

Earlier today (October 25), a very popular pseudonymous Cardano educator pointed out that Cardano is “in the midst of a mini bull run in network activity.” “ADA whale” took to Twitter earlier today to comment on Cardano’s healthy on-chain fundamentals: For example, as you an see, based on data from Bitquery, for the past one-week […]

Pseudonymous Cardano ($ADA) influencer “ADA whale” (“cardano_whale” on Twitter) explained why he believes that the people’s “favortie chain” is likely to “thrive” in the next bull cycle. On 15 March 2022, “ADA whale” explained why he is so bullish on Cardano: Since then, the Vasil upgrade has taken place, and number of projects being built […]

In a recent interview, Charles Hoskinson, Co-Founder and CEO of Input Output Global (aka “IOG”), the blockchain technology firm behind Cardano’s R&D, explained what is special about $ADA wallet “Lace”. Lace, which is a Cardano wallet being developed by IOG, is currently at the beta stage. According to IOG, it “brings together a wealth of […]

Crypto analytics firm Santiment says that — based on its data — $ADA is undervalued at the moment and that its price is likely to do double within the next three months. On 13 April 2021, Santiment announced in a blog post that it had added a metric named “MVRV ratio (Z-score)” to its Sanbase […]

The cryptocurrency community is seemingly bullish on a number of cryptoassets for the fourth quarter of the year, while remaining “slightly bearish” on the second-largest cryptocurrency by market capitalization Ethereum ($ETH). In a tweet on-chain cryptocurrency analytics firm Santiment shared with its over 140,000 followers on the microblogging platform, it noted that the “persistent negativity […]

Transactions being made on the Cardano ($ADA) network have grown to hit 97,959 on October 19, a figure that represents a rise of roughly 75% month-on-month, according to data from the cryptocurrency’s blockchain. The figure was first shared by popular Cardano influencer ADA whale, who noted that the network’s trading volume for non-fungible tokens (NFTs) […]

This article takes a look at Charli3 ($C3), which is “a decentralized Oracle designed from the ground up for the Cardano network” that went live on the Cardano mainnet on October 15. Oracles are “crucial components of a blockchain” since “they provide smart contracts” with “various real-world data forms, such as price information, the successful […]

A popular cryptocurrency analyst has warned that the price o Cardano ($ADA) could soon crash if the smart contract platform doesn’t recover to previous levels in the near future, amid a wider bearish downturn that has affected the entire cryptocurrency market. According to analyst Jason Pizzino, the price of $ADA may drop into the $0.30 […]

Recently, Solana Labs Co-Founder Anatoly Yakovenko attacked Ethereum by saying that it is kind of like the city of San Francisco in that the more people that leave, the better it will be. Here is how Coinbase described Solana in a blog post published on 29 June 2022: “Solana is a decentralized computing platform that uses SOL to pay […]

On Friday (October 14), SundaeSwap Labs, the startup behind the highly popular Cardano-powered decentralized exchange and automated liquidity provision protocol SundaeSwap, announced that they had reached an important milestone. SundaeSwap is backed by cFund (“an early-stage sector agnostic venture firm in the Blockchain industry anchored by IOHK and managed by Wave Financial”); Alameda Research (the quantitative cryptocurrency trading firm […]

On Thursday (October 13), Yevhen Karpenko, Community Manager for DeFi Investing Platform DEFIYIELD, explained why he believes that Cardano ($ADA) is “the best cryptocurrency in the world.” In early February 2022, Kraken Intelligence, the research arm of crypto exchange Kraken, released a 42-page highly impressive research report titled “Cardano: A new generation in smart contract platform […]

Pioneering Web3 infrastructure startup NMKR ($NMKR) made an important announcement yesterday, which Tim Harrison, VP of Community & Ecosystem at IOG, called a “groundbreaking innovation” for Cardano NFTs (aka “CNFTs”). What Does NMKR Do? Let’s start with a brief history of NMKR. It all started in April 2021 when Patrick Tobler (@Padierfind on Twitter), a computer science student […]

On Tuesday (October 11), Charles Hoskinson, Co-Founder and CEO of Input Output Global (aka “IOG”), the blockchain technology firm behind Cardano’s R&D, explained in an interview why he is very bullish on crypto in the long term. His comments were made during an interview with Maria Bartiromo, the anchor of “Mornings with Maria”, on American cable TV channel Fox […]

This article takes a look at The Ape Society ($SOCIETY), which is “a collection of 7,000 unique NFTs generated on the Cardano blockchain.” The Ape Society token, $SOCIETY, can be used for transactions inside the ecosystem. As highly popular and respected Cardano influencer “ADA Whale” (“@cardano_whale” on Twitter) pointed out earlier today, The Ape Society, […]

A prominent Cardano ($ADA) community resource has made it clear that the smart contract platform isn’t a ghost chain, as it noted that nearly 25% of the network’s transactions were made over the past year. According to Cardano blockchain monitoring service Cardano Blockchain Insights, a total of 51.3 million transactions have been made on the […]

Last week, the owner and operator of Shamrock Cardano Staking Pool, asked the Cardano community on Twitter if they believed that the $ADA price could one day hit $10. Here were some of the more interesting replies: @CryptoIRELAND1: “Regulations not that I’m all for it but when it happens and it will the floodgates will […]

On Friday (October 7), a prominent crypto analyst gave high praise to Cardano-powered NFTs. Yesterday, popular crypto analyst and influencer told his over 893K Twitter followers: Interestingly, one day earlier, Pieter Nierop, the owner/operator of $ADA staking pool “Cardano Fans” explained the popularity of NFT projects on Cardano: On 14 June 2022, Justin Williams, Vice […]

The number of smart contracts deployed on the Cardano ($ADA) network has grown by 100 in only two weeks after the Vasil hard fork went live on the smart contract network, showing developers are pushing Cardano forward. According to data from Cardano Blockchain Insights, as Finbold reports, there were 3,2929 smart contracts on Cardano at […]

A recently conducted poll on social media shows that the cryptocurrency community is most interested in staking the smart contract platform Cardano ($ADA), with thousands of votes dominantly picking it over other Proof-of-Stake networks. The poll, conducted by cryptocurrency exchange and wallet provider Blockchain.com, found that 77.7% out of nearly 4,000 users are most interested […]

A popular cryptocurrency analyst has revealed that they believe Cardano ($ADA) and Algorand ($ALGO) are two smart contract platforms to keep an eye on in the future, suggesting the price of these assets could explode if they impress institutional investors. The pseudonymous host of Coin Bureau, Guy, said in a discussion with another cryptocurrency analyst, […]

The average fee paid to move funds across the Cardano ($ADA) blockchain dropped after the implementation of the Vasil hard fork, which brought in numerous improvements to the network. Fes dropped along with its on-chain activity. According to CryptoCompare’s latest Asset Report, the Vasil hard fork brought several improvements to Cardano after being implemented on […]

The total value locked (TVL) on the decentralized finance ecosystem of smart contract platform Cardano ($ADA) has dropped to an 8-month low amid a wider downturn in the total value locked on cryptocurrency networks, as investors move away from risk assets. According to data from DeFi tracker DeFiLlama, the total value locked on the Cardano […]

On Thursday (October 6), Cardano Foundation delivered good news for $ADA HODLers in the form of the latest monthly on-chain stats for Cardano. Cardano Foundation is “an independent Swiss-based non-profit that oversees and supervises the advancement of Cardano.” It is the legal custodian of the Cardano brand and it collaborates with IOG and EMURGO to “ensure that […]

On Monday (October 3), Dan Gambardello, Founder of Crypto Capital Venture, as well as the host of the very popular YouTube channel “Crypto Capital Venture”, gave his long-term price target for Cardano ($ADA). On 13 May 2022, when $ADA was trading around $0.5562, Gambardello talked about $ADA’s performance during the current bear market: “I am 100% aware $ADA underperforms […]

On Wednesday (October 5), Cardano-powered decentralized exchange (DEX) MuesliSwap announced that it had launched Plutus v2 contracts, as well as liquidity pools, to become “the first DEX on Cardano with both Orderbook and AMM trading.” In a subsequent tweet, the MuesliSwap team noted that “yield farming with double and triple yield opportunities will launch in […]

Recently, FinTech startup COTI Group, the issuer of algorithmic stablecoin Djed (which is built on Cardano), shared with the Cardano community some important details about the current status of the project. What Is Djed ($DJED)? On 26 September 2021, day two of the two-day Cardano Summit 2021, IO Global (IOG), the blockchain technology firm responsible for the research and development […]

The cryptocurrency community has set a bullish price target for smart contract platform Cardano ($ADA) this month, presumably taking into account the network’s improved performance after the Vasil hard fork. The estimates come from CoinMarketCap’s prime estimates feature, which saw over 10,800 users reveal their $ADA price predictions for the month of October. On average, […]

A recently published study by the Basil Committee on Banking Supervision (BCBS) has revealed that the world’s top banks have exposure to around $9 billion worth of cryptocurrencies, including Polkadot ($DOT), Cardano ($ADA), and $XRP. According to the study, titled “Basil II Monitoring report” from the Bank of International Settlements (BIS), the two largest cryptocurrencies […]

Charles Hoskinson, Co-Founder and CEO of IOG (aka “IOHK”), the blockchain technology firm behind Cardano’s R&D, said that Cardano ($ADA) will soon be entering the Voltaire era, which is the fifth (and final) stage of its development roadmap. Here is Cardano Foundation explaining what “Voltaire era” means: “The Voltaire era of Cardano will provide the […]

As of Friday (September 30), there are 1,113 projects powered by Cardano, but that’s just the tip of the iceberg as fr as good news you will hearing about in this article. As Olga Hryniuk, who works in the Marketing and Communications department of IO Global (IOG), the blockchain technology firm responsible for the development of Cardano […]

Institutional investors have, throughout the month of September, added to bets against the flagship cryptocurrency Bitcoin ($BTC) by buying up products shorting BTC, while also betting on products offering exposure to $XRP, $ADA, and multiple assets. According to CryptoCompare’s latest Digital Asset Management Review report, for the first time in two years, the average daily […]

On Wednesday (September 28), Ethereum Co-Founder Anthony Di Iorio told Michelle Makori, Editor-in-Chief and Lead Anchor at Kitco News why he has been investing in $ADA, $DOT, and $ATOM. Di Iorio started with Bitcoin (BTC) early in 2012, at a time when it was trading under $10; that is when he started the Toronto Bitcoin Group. […]

On Thursday (September 29), DappRadar , which calls itself “The World’s Dapp Store”, announced that it had started coverage of Cardano-powered decentralized applications (DApps). DappRadar was founded in 2018 to “make exploring, tracking & managing dapps, insightful, convenient and rewarding for all.” In a blog post published yesterday (September 29), the DappRadar team announced “the […]

This article looks at two examples of how Cardano’s Vasil upgrade, which was deployed on the mainnet on September 22, is helping DApps to significantly reduce transaction size and cost. On September 22, Input Output Global (“IOG”), the blockchain technology company behind Cardano’s R&D, announce that at 9:44 p.m. UTC on that day IOG and […]

Cardano ($ADA) creator Charles Hoskinson has revealed that the development team behind the network is hoping to have certification standards to create the notion of a “certified wallet” versus non-certified wallets. During a video shared with the Cardano community, Hoskinson pointed to a set of standards that act as a benchmark for the rest of […]

In a recent interview, Charles Hoskinson, Founder and CEO of Input Output Global (“IOG”), the blockchain technology firm behind Cardano’s R&D, shared his thoughts on central bank digital currencies (CBDCs). Here is how Binance Academy explains the concept of CBDCs: “A central bank digital currency (CBDC) is a digital form of fiat currency. As such, […]