Cardano

Cardano’s Charles Hoskinson Sounds Alarm on AI Scams Flooding YouTube

December 16, 2023 1 min read

Charles Hoskinson, the founder of Cardano, raised a red flag in a recent X (formerly Twitter) post about the increasing prevalence of AI-driven scams on YouTube. As artificial intelligence technology advances, Hoskinson sees a new frontier for fraudulent activities in the crypto space. He specifically pointed to a deep fake video on YouTube featuring himself promoting a fabricated ADA giveaway. Despite its initially convincing appearance, closer examination revealed the video

Cardano’s market cap increases by over $1 billion in 24 hours, reaching $15.5 billion

December 7, 2023 1 min read

Cardano’s native crypto, ADA, experienced a spectacular surge, with its market cap increasing by more than $1 billion in just 24 hours. The latest buying frenzy has propelled ADA to the eighth-largest cryptocurrency by valuation, cementing its position as a key player in the digital asset space. According to the most recent data, ADA’s overall market cap has risen to an impressive $15.5 billion, indicating a significant influx of capital

GameStop Memes Surges Past Cardano and Polygon in Crypto Race

November 16, 2023 4 mins read

GameStop Memes (GSM) emerges as a sensational disruptor, redefining the essence of digital assets. This intriguing newcomer has taken the market by storm, raising an eye-popping $2 million in a mere 24 hours of its presale, a feat that sets it apart from established giants like Cardano and Polygon. As we delve into this fascinating crypto landscape, GameStop Memes (GSM) stands as a beacon of potential, promising not just gains

Cardano Unveils Developer-Friendly Tool to Boost Transparency

November 13, 2023 1 min read

The Cardano Foundation has made significant strides in improving the developer experience on the Cardano blockchain. They have introduced a new Java-based data provisioning tool designed to simplify data retrieval and indexing for developers working on Cardano applications. This innovative tool, named “Ledger Sync,” is part of the Cardano Foundation’s efforts to create a more developer-friendly ecosystem. The tool will be released as open source, allowing developers and partners to

Cardano has seen over $600 million worth of ADA accumulated within the price range of $0.249 to $0.271

November 8, 2023 1 min read

Cardano (ADA) may not be making big price moves, but it’s certainly making waves in the world of cryptocurrency. Recent data from analytics provider IntoTheBlock reveals that over $600 million worth of ADA has been accumulated in the $0.249 to $0.271 price range. This substantial investment activity suggests that major investors are quietly positioning themselves, expecting a potential breakout. Over the past month, the number of addresses holding between 100,000

Cardano Expert Responds to FUD and Clears Up Misconceptions Regarding Midnight Sidechain

October 28, 2023 1 min read

Cardano, the blockchain project led by Charles Hoskinson, has been dealing with persistent concerns and doubts from the crypto community, primarily related to its Midnight project. Midnight is focused on privacy-oriented sidechains, and even though Charles Hoskinson has offered insights into their potential impact, questions and concerns still linger. The key issues revolve around the launch of Midnight’s native coin, DUST, and the identity of the partners working with Input

Cardano Community Responds to Transactions Per Second (TPS) Critique

October 7, 2023 2 mins read

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

Project Catalyst Unveils Innovative Testnet Rollout to Fuel Cardano Ecosystem Evolution

August 3, 2023 2 mins read

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

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

July 16, 2023 2 mins read

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

Cardano Network Activity Signals Potential Breakout as ADA Price Remains Oversold

July 12, 2023 2 mins read

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

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

July 6, 2023 2 mins read

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

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

July 2, 2023 1 min read

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