Browsing:Cardano

A recent dispute between a respected crypto researcher and the Cardano community has ignited debates about the network's true capabilities.
7 months ago 2 mins read

Cardano Community Responds to Transactions Per Second (TPS) Critique

In the dynamic world of blockchain technology, Cardano has been actively striving to enhance its network by introducing innovative protocols. Among them, the Input Endorsers protocol has garnered significant attention due to its potential to greatly boost the network’s transaction processing speed. However, a recent dispute between a respected crypto researcher and the Cardano community has ignited debates about the network’s true capabilities. Renowned crypto researcher Justin Bons recently turned his critical eye towards Cardano’s scaling efforts, particularly focusing on the Input Endorsers protocol. Bons suggested that while this mechanism could theoretically enhance Cardano’s speeds to approximately 2000 transactions per

Project Catalyst has taken a step by introducing a solution to reshape its capabilities and performance of Cardano.
9 months ago 2 mins read

Project Catalyst Unveils Innovative Testnet Rollout to Fuel Cardano Ecosystem Evolution

Project Catalyst, renowned globally as a pioneering decentralized grant fund and a driving force behind the Cardano ecosystem’s innovation, has taken a monumental step by introducing a groundbreaking solution to reshape its capabilities and performance. With a focus on bolstering stability and creating an optimal environment for collaboration and exploration, the fund is set to operate multiple testnet instances alongside its mainnet, ushering in a new era of development. As Project Catalyst charts its course towards evolution, it does so in tandem with Cardano’s governance era of Voltaire. This strategic move is designed to ensure the sustained growth of the

Cardano Soars 23.9% Following Positive XRP Verdict
10 months ago 2 mins read

Cardano’s Price Skyrockets 23.9% on Positive XRP Ruling, Investors Bullish on Future Gains

Cardano, a leading cryptocurrency, experienced a remarkable price surge, jumping 23.9% on July 13. The significant rally has piqued investor interest, prompting discussions about Cardano’s potential for further gains and whether it can break the $0.40 mark. This surge closely followed a favorable judicial decision related to XRP, which has positively impacted other cryptocurrencies, including Cardano’s ADA. Cardano’s bullish momentum is supported by three key factors. Firstly, its potential to integrate with other blockchains opens up new possibilities and expands its reach, enhancing its overall appeal in the market. Secondly, increased activity in decentralized applications (DApps) built on the Cardano

Is Cardano's Breakout Imminent? Network Activity and ADA's Oversold Price Suggest So
10 months ago 2 mins read

Cardano Network Activity Signals Potential Breakout as ADA Price Remains Oversold

Cardano’s native token, ADA, has faced significant setbacks in recent months due to regulatory scrutiny from the United States Securities and Exchange Commission (SEC). However, the network’s DeFi ecosystem has continued to flourish, providing a glimmer of hope for ADA bulls. Hydra Upgrade Boosts DeFi Activity In May 2023, Cardano launched the Hydra upgrade, a layer-2 scaling solution that has significantly improved the network’s throughput and scalability. This upgrade has led to a surge in DeFi activity on Cardano, with the total amount of ADA deposited in DeFi applications reaching twice its peak value during the 2021 bull market. Decentralization

Analyst Anticipates Bullish Confirmation for ADA in the Near Future
10 months ago 2 mins read

Bullish Confirmation for Cardano (ADA) Amid Market Recovery, Crypto Analyst Predicts

In a recent series of tweets, crypto analyst Dan Gambardello shares his optimistic outlook for Cardano (ADA), predicting a potential bullish confirmation in the near future. Gambardello’s technical analysis suggests that ADA’s price could break above a key resistance channel, signaling a positive trend for the altcoin. Gambardello acknowledges the impact of recent SEC lawsuits against major exchanges but emphasizes that ADA has more ground to recover compared to other cryptocurrencies like Bitcoin and Ethereum. He points out that ADA’s recent trading activity shows promising signs, with the altcoin trading above the 20-day moving average (MA) line, a positive indicator.

Twitter's Rate Limit Controversy Prompts Cardano Founder Charles Hoskinson to Take a Break
10 months ago 1 min read

Cardano Founder Charles Hoskinson Takes Break from Twitter Amid Rate Limit Controversy

Cardano founder Charles Hoskinson recently announced on Twitter that he would be stepping back from the social media platform for a brief hiatus. This decision comes in the midst of an ongoing controversy surrounding Twitter’s implementation of reading limits on its users. Twitter, led by CEO Elon Musk, introduced these restrictions as a response to combat “extreme levels” of data scraping and system manipulation. However, the move has faced significant backlash, resulting in service disruptions and user frustrations. The rate limit issue has generated a mix of humor and frustration within the community. Some users made playful references to Hoskinson

Charles Hoskinson
10 months ago 1 min read

Charles Hoskinson Defends Cardano Against FUD

Charles Hoskinson, the founder of Cardano, recently took to Twitter to defend the cryptocurrency against claims questioning its institutional interest and the health of its DeFi sector. Hoskinson emphasized the ecosystem’s significant growth and commitment to decentralization, urging people to focus on the signal amidst the noise. Hoskinson’s response was prompted by a tweet from a Cardano proponent, Chris O, who highlighted claims made on a popular YouTube channel regarding Cardano’s lack of Total Value Locked (TVL) and institutional interest. In a powerful rebuttal, Chris pointed out several institutional players already involved in the Cardano ecosystem, including Grayscale, Hong Kong

Cardano's price trajectory by the end of 2023
11 months ago 1 min read

Cardano Price Projections by Finance Experts for 2023: What to Expect

Following Robinhood’s announcement of delisting Cardano (ADA), the cryptocurrency experienced a significant crash, alongside other major digital assets. The crypto market has been grappling with regulatory actions and increased volatility, leaving investors uncertain about the future. In this article, leading finance experts provide insights into Cardano’s price trajectory by the end of 2023, considering regulatory developments, ongoing legal proceedings, and technological advancements. Sebastian Purcell, CEO of 1.2 Capital Management Sebastian Purcell believes that the worst is over regarding the SEC issue related to Cardano. However, he points out that the outcome of the Ripple v. SEC lawsuit could have implications

Cardano (ADA) Plummets Nearly 25% in 24 Hours with $400 Million in Liquidations
11 months ago 1 min read

Cardano (ADA) Plunges by 25% in 24 Hours as Crypto Market Liquidations Near $450 Million

The cryptocurrency market is in turmoil, with Cardano (ADA) and other altcoins plummeting in value. ADA has lost over 24% of its value in the past 24 hours, and the broader altcoin market is also trading in the red. The recent lawsuit filed by the SEC against Coinbase and Binance US has sent shockwaves through the cryptocurrency market. The agency alleges that numerous altcoins, including Cardano (ADA), meet the criteria for being classified as securities. This development has contributed to the market’s volatility and investor unease. In response, Cardano’s development firm, Input Output Global, has released a blog post refuting

The Cardano Foundation has expressed its disagreement with the SEC's classification of Cardano (ADA) as a security.
11 months ago 2 mins read

Cardano Foundation Responds Strongly to SEC’s Classification of ADA as a Security

The Cardano Foundation has expressed its disagreement with the SEC’s classification of Cardano (ADA) as a security. The CEO of the Cardano Foundation, Frederik Gregaard, emphasized the need for regulatory clarity and expressed the organization’s commitment to engaging with regulators and policymakers. The SEC’s stance on classifying cryptocurrencies as securities, excluding Bitcoin, has been a contentious issue, as seen in the ongoing legal battle between the SEC and Ripple. Cardano Foundation Disagrees with ADA Security Classification: The CEO of the Cardano Foundation, Frederik Gregaard, has voiced his disagreement with the SEC’s recent classification of Cardano (ADA) as a security in

Charles Hoskinson of Cardano (ADA) has issued a stark warning about the potential dangers of artificial intelligence (AI) technology
11 months ago 2 mins read

Charles Hoskinson warns of AI-driven crypto scams

Charles Hoskinson, the visionary founder of Cardano (ADA), has issued a stark warning about the potential dangers of artificial intelligence (AI) technology in the realm of cryptocurrency scams. Hoskinson raised concerns about the use of generative AI, which could enable scammers to deceive individuals by impersonating prominent figures and tricking them into parting with their hard-earned cryptocurrencies. Hoskinson’s Warning In a recent tweet, Hoskinson shared a screenshot of an email in which the sender impersonated him, attempting to persuade the recipient to invest in a supposedly life-saving medical project on the Cardano blockchain. Hoskinson highlighted the grammatical and stylistic quality

The Cardano network has seen a surge in large transactions in recent days, with over $2.5 billion worth of ADA moved in just 24 hours.
11 months ago 1 min read

Cardano Hits $2.5 Billion in Large ADA Transactions: Is an ADA Price Rally on the Horizon?

The Cardano network has seen a surge in large transactions in recent days, with over $2.5 billion worth of ADA moved in just 24 hours. This surge, along with a growing TVL in the network’s DeFi sector, suggests that there is growing interest in Cardano’s ecosystem. The surge in large transactions can be attributed to a number of factors, including the launch of the Vasil hard fork, the upcoming Alonzo roadmap, and the growing popularity of Cardano DeFi. The Vasil hard fork is a major upgrade to the Cardano network that is expected to improve scalability, performance, and security. The

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