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Cardano (ADA) has been struggling to maintain its momentum in recent weeks, with the hype surrounding the launch of the Shelley mainnet upgrade beginning to fade. This has had dire implications for ADA’s price, which has been struggling to maintain the intense uptrend that it has previously been caught within. Analysts are noting, however, that…
Staking on the Cardano network got underway on July 29th with the Shelley mainnet launch. Almost a month on from that date, IOHK CEO Charles Hoskinson took to Periscope seeking community feedback on the first-ever staking reward payout, which happened yesterday. “I just wanted to make sure everyone got what they expected, the staking calculator…
Not content to rest on its laurels, Cardano continues to enhance network infrastructure by improving its native Daedalus wallet. Daedalus Flight is a test wallet where volunteer users can assess changes within a live environment using real ADA transactions. “Daedalus Flight is a new ‘pre-release’ version of the Daedalus wallet. Specially created for ada holders…
Since the highs that were seen in July, Cardano (ADA) has seen a strong retracement against Bitcoin. The altcoin has collapsed by dozens of percent against the leading cryptocurrency, crushed despite a rally in many other crypto assets. Cardano may soon be able to outpace Bitcoin, though, according to a popular technical indicator that predicts…
There’s no denying that DeFi is the hottest trend in crypto, bar-none. This sub-set of decentralized finance-focused altcoins have been on fire as of late, beating out Bitcoin and other top crypto assets by a large margin. It has prompted one pseudonymous crypto trader to trash major altcoins like XRP, Litecoin, Bitcoin Cash, and other…
IOHK CEO Charles Hoskinson has announced several new features aimed at helping small stake pools on the Cardano network. Staking on Cardano went live on July 29th, following the Shelley mainnet launch. Although it’s still early days, the past three weeks or so have highlighted a gulf between big and small staking pools. Hoskinson believes…
Participants of the Cardano Incentivized Testnet (ITN) were expecting to receive reward payouts on August 3. A Shelley rollout plan had scheduled the payout days after the Shelley hard fork, on July 29th. While the Shelley mainnet launched without a fuss, the ITN rewards date came and went with no sign of a payout. Source:…
The Cardano Foundation has unveiled a new-look website as part of its brand repositioning. This forms part of a company-wide initiative, called Project Renovare, to rebrand Cardano as it moves into the smart contract phase of development. In a blog post, PR and Communications team member Elliot Hill said the move was more than just…
Cardano (ADA) has been one of the strongest major cryptocurrencies throughout the past year. The token has been posting consistent gains since the start of the year, which has been driven by massive inflows of new investors as well as some positive fundamental developments. One such development would be the recent Shelley mainnet upgrade, which…
After five years of development, Cardano will launch the Shelley mainnet today at 21:45 UTC. The weekend saw a frenzy of activity from developers, IOHK, who were busy performing last-minute checks and tests to ensure a smooth transition from the Byron chain. “The current Cardano Byron mainnet will become the Cardano Shelley mainnet on Wednesday…