Cardano

Coin Bureau Founder Bullish on Cardano ($ADA): Predicts Bright Future Ahead

February 22, 2023 1 min read

Coin Bureau founder Guy Turner recently shared his bullish outlook on Cardano ($ADA) during an interview on the CryptoBusy podcast. Turner acknowledged that while Cardano has its issues and detractors, it has made progress with its recent Vasil upgrade, and has a dedicated community which is crucial for the survival of any project. He also mentioned the scheduled upgrades, including the upcoming Hydra upgrade focused on scaling, as reasons for

Over 4,000 Cardano-based smart contracts have been developed

December 6, 2022 1 min read

In September 2021, the Cardano (ADA) blockchain underwent a substantial upgrade featuring the integration of smart contracts, thus enabling the network to operate more efficiently and at a greater capacity. Despite a decline in the coin’s price in 2022, the network’s development has advanced significantly. By December 4, the number of Plutus-based smart contracts that were operating on the Cardano blockchain had ballooned to 4,050, a 316% increase from the

Cardano parent company launches a privacy-focused blockchain and token on Cardano network

November 21, 2022 1 min read

Input Output Global Inc. (IOG), the company behind the Cardano blockchain, announced the launch of a new data-protection and privacy-centric blockchain and accompanying token on Friday at an event at Edinburgh University in Scotland. The blockchain, dubbed “Midnight,” is one of the Cardano sidechains that will offer zero-knowledge smart contracts, which will allow parties to complete transactions without disclosing any identifying data to each other. “Dust” will be the name

Cardano’s founder states that short-term events won’t stop the crypto revolution

November 10, 2022 1 min read

Cardano co-founder Charles Hoskinson recently took to Twitter to emphasize that short-term events will not derail the crypto revolution. Hoskinson went on to say that cryptocurrencies and blockchain technology are transforming the world. The CEO went on to say that today is Wednesday, and that there will be more Wednesdays to come. A GIF of a honey badger attempting to attack a king cobra is also included in the tweet.

Cardano users can create smart contracts via App

November 4, 2022 1 min read

Cardano users can now create smart contracts using the Cardano Babbage v5.0.0 app, according to Ledger, a blockchain application provider. The application can now be downloaded from Ledger Live. Cardano Babbage v5.0.0 generates smart contracts with Vasil’s upgraded Plutus script. However, before downloading the app, users must ensure that they are running the most recent version of the Ledger Live app as well as the most recent firmware on their

Cardano founder launches a Twitter poll about a Doge sidechain

October 31, 2022 1 min read

Over the weekend, Charles Hoskinson asked his followers on Twitter if Input Output Hong Kong (IOHK), the parent company of Cardano, should “pitch to Twitter a post-quantum ultrafast and identity-enabled doge sidechain of Cardano custom built for social networks.” The tweet comes after Elon Musk’s successful completion of the acquisition of social media site Twitter last week. ADA, the native token of Cardano, is currently trading at $0.403 after losing

Cardano will eventually become “a network of blockchains,” says Charles Hoskinson, CEO of Cardano

October 28, 2022 1 min read

In the long run, Cardano will develop into “a network of blockchains,” according to Charles Hoskinson, Co-Founder and CEO of IO Global (also known as “IOG,” formerly known as “IOHK”), the organization behind Cardano’s R&D. In a video made available on Tuesday (October 25), Hoskinson predicted that the Cardano blockchain will become “a network of blockchains” in the future. Hoskinson noted, “Cardano will eventually be a network of blockchains so

Cardano’s founder promises that “Something Special” is coming in November

October 24, 2022 1 min read

Cardano founder Charles Hoskinson teased the Cardano community earlier today with a surprise announcement. Without going into greater detail, the popular crypto enthusiast and founder of Cardano, predicts that “something spectacular” is coming in November. Charles Hoskinson included an animated GIF of the character Professor Farnsworth from the 1999 cartoon TV show Futurama saying “Good News Everyone!” The meme is frequently utilized by anyone who discusses anything positive. After months

Cardano (ADA) is significantly undervalued, claims an On-Chain’s signals

October 24, 2022 1 min read

Santiment, a crypto analytics outfit, on-chain signals for Cardano revealed that ADA is currently trading at a considerable discount. Santiment examines Cardano‘s MVRV Z-Score, which compares an asset’s total market capitalization to its total realized market capitalization. Historically, a low Z-Score indicates that an asset is undervalued. According to Santiment, ADA’s MVRV Z-Score is at its lowest point since January 2019. According to the analytics group, the global cryptocurrency market

Charles Hoskinson Makes Fun of Reddit Users Who Make Cardano Memes

October 21, 2022 1 min read

Charles Hoskinson, the founder of Cardano, took to Twitter to explain how the NFT community on Reddit is criticizing him and Cardano on the forum /r/CryptoCurrency, asking “at least make better memes.” While Hoskinson discusses the “Charles Derangement Syndrome” memes, cryptocurrency influencer Ben Armstrong responds with a similar experience he had years ago. “BitBoy Derangement Syndrome took its final form on r/cryptocurrency years ago,” Armstrong wrote, adding that he has

Cardano Network Transactions Increase by 75% as Activity Skyrockets

October 20, 2022 1 min read

The Cardano blockchain has seen a surge in network activity. According to Cardanoscan, network transactions reached 97,959 on October 19, the highest level since the beginning of October. On a monthly basis, this is a 75% gain. Cardano is now one of the top three NFT chains. According to openCNFT data, NFT volumes reached 3.0 million ADA and 2.8 million ADA on Oct. 17 and 18, putting Cardano in third

Is ADA in Danger of Losing Its Place Among the Top 10 Cryptocurrencies?

October 19, 2022 1 min read

Cardano’s native cryptocurrency, ADA, has established new bottoms during the current crypto bear market as a result of what appears to be a significant price suppression by crypto bears. The token has looked ready to reclaim the lost level ever since the price of ADA plunged below the critical support levels at $0.385. Unfortunately, the likelihood of a bullish turnaround is diminishing because of the deteriorating macroeconomic environment. The eighth-largest