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…
IOHK CEO Charles Hoskinson shared his prediction for the future of the Cardano ecosystem, in which he sees a project rivaling Ethereum in terms of the number of assets and dApps running on the platform. This time next year I predict there will be hundreds of assets running on Cardano, thousands of DApps, tons of…
Over the past 24 hours, Cardano (ADA) has surged by 7%, reaching a price of $0.1485 as of this article’s writing. This is almost the highest that the asset has traded since the middle of 2018. Behind this news is an extremely strong fundamental event for the blockchain and its underlying cryptocurrency: the launch of…
While all eyes may now be on Bitcoin and Ethereum, Cardano (ADA) has been one of the best performing digital assets over the past day. According to data from Coin Market Cap, the popular altcoin has surged over 11% in the past 24 hours, moving towards $0.14 once again. As of this article’s writing, the…
Cardano’s intense uptrend has started showing signs of faltering as the aggregated cryptocurrency market flashes some warning signals. Although the token is still trading just a hair below its 2020 highs, it has now faced two harsh rejection at $0.135 – elucidating that this is a massive resistance level. Overnight, sellers pushed ADA to lows…