Aada Finance on Track to Become First Lending Protocol to Support Cardano Tokens

Input Output, the company behind Cardano, has announced the launch date for its first lending and borrowing protocol, Aada Finance, on the Cardano blockchain. The launch of V1 will take place on Sept. 13, 2022, and will mark the first time that decentralized finance (DeFi) primitives come to the Cardano blockchain, built on the foundation … Read more

Cardano (ADA) Founder Reassures Community That Vasil Hard Fork Testing Is Going Smoothly

Cardano founder Charles Hoskinson assured the crypto community that progress toward the Vasil hard fork should proceed without a hitch, provided no further bugs are discovered. Speaking on a video stream from a cryptography conference in Santa Barbara, California, the Ethereum co-founder followed up on a stream two weeks ago in which he assured the … Read more

Zipmex Crypto Exchange Resumes Withdrawals for Altcoins, No Word on Bitcoin

Embattled Asian crypto exchange resumes withdrawals for some altcoins, though bitcoin and ether remain frozen. The exchange will progressively allow XRP, Solana (SOL), and ADA withdrawals from the Z Wallet, which will be credited into users’ Trade wallets. Earlier this month, the Asian exchange announced the temporary halt of transfers between its Z wallet and … Read more

Sygnum Bank to Offer Cardano (ADA) Staking

Zurich-based Sygnum Bank has announced Cardano (ADA) staking, adding to its portfolio of Ethereum, Internet Computer (ICP), and Tezos (XTZ). Clients can now stake ADA from their existing crypto wallets to earn staking rewards. Sygnum’s digital assets are fully compatible with its existing banking infrastructure. Digital assets are secured using segregated wallets, secured private keys, … Read more

Hoskinson Promises Solana-Like Performance for Cardano

In a recent interview with InsideW3B host Marco Monty Montemagno, Cardano co-founder Charles Hoskinson promised Solana-like performance by the end of 2022. Sponsored Sponsored “This year all these updates are coming that are massively improving the scalability and expressiveness of the system so that you’ll get the same type of performance you’re seeing from systems … Read more

Cardano Foundation Doubles Bug-Bounty Reward Payouts

The Cardano Foundation is doubling its bug-bounty program alongside its rolling out of the Basho phase that sees scalability and transaction throughput improved. Sponsored Sponsored The Cardano Foundation is offering hackers and bounty hunters that discover vulnerabilities in the Cardano blockchain a payout that has doubled since it was initially announced. Sponsored Sponsored Beginning on … Read more

IOHK Confirms Cardano Block Size Increase to Assist Smart Contracts

Cardano is taking its next steps to work on improving its smart contracts and transaction throughput. Sponsored Sponsored Cardano’s Basho upgrade, outlined by co-founder Charles Hoskinson in a video blog earlier this year, is in full swing. One of the announced changes was an increase in block size from 72KB to 80 KB, which will … Read more

Cardano Blockchain Congestion at An All-Time High

The Cardano NFT marketplace recently closed its first round of artist applications but has experienced congestion, which is affecting transaction finality. Sponsored Sponsored The Cardano blockchain load hit an all-time high of 92.8% on Jan. 24, 2022. This means that there is a high volume of transactions on the Cardano blockchain, which could lead to … Read more

Cardano (ADA) Scaling Plans Move to Basho Phase for 2022

Cardano announces some exciting developments for 2022 to deal with the anticipated increase in dApp development. Sponsored Sponsored Cardano developments for 2022 will come thick and fast. BeInCrypto recently reported on Charles Hoskinson’s educational vlog, where he outlined the Cardano Roadmap for 2020. In the report, it was noted that the company behind Cardano would … Read more

eToro Exchange Cuts Back on Cardano and TRON Offerings for US Customers

Crypto exchange eToro released a statement indicating that it is limiting support for Cardano (ADA) and TRON (TRX) positions and discontinuing staking for its U.S. customers. Sponsored Sponsored Starting Dec 26, 2021, U.S. users on the eToro platform will not be able to open new positions on ADA or TRX, and staking for both assets … Read more