Why Cardano (ADA) Could Crash Below $0.40 Before Vasil Upgrade

Cardano (ADA) is very close to falling below its yearly lows. It could confirm its bearish outlook with a decrease below $0.423. The Cardano Vasil upgrade is expected to launch on Sept. 22. It will greatly increase the throughput capabilities and Network capacity of Cardano. Additionally, it will allow Decentralized Application (DApp) developers to create … Read more

Cardano’s Vasil Upgrade Is Ready for Take-Off: ‘It’s Been Initiated’, Says Hoskinson

In a September 18 broadcast, Cardano founder Charles Hoskinson revealed that the Vasil hard fork implementation is now in its final stage after the hard fork combinator request was accepted. Hoskinson continued that the automated process of implementing the Vasil upgrade has started, adding that “we all gonna sit back and watch the Vasil rocket … Read more

Cardano Listed on Robinhood Ahead of Vasil Upgrade

US trading platform Robinhood said that it would start listing Cardano among its cryptocurrency offerings, according to an announcement. The tweet from the San Francisco-based firm implied that Cardano was finally being added after receiving significant demand from its customers. With a market capitalization of $15 billion, Cardano is currently the eighth largest cryptocurrency, according … Read more

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

Charles Hoskinson Apologizes to Cardano Stake Pool Community

Cardano founder Charles Hoskinson has apologized for his approach to claims that the Cardano Testnet is broken, saying that the SPO community is crucial to the network. In a handful of tweets from Aug. 20, Hoskinson described the stake pool operation (SPO) community as the backbone of Cardano while also acknowledging flaws in Cardano infrastructure. Now … 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

Cardano Crowned June’s Most Developed Project Ahead of Vasil Upgrade

Cardano is receiving record amounts of money to its GitHub page as developers prepare their applications for new functions. On-chain statistics show that the project touched 13,003 GitHub Commits in June, making Cardano the top project in development activity in the last 30 days. Peak development activity data comes shortly after the Vasil upgrade was hard … Read more

DeFi and Smart Contract Activity Surges to New High on Cardano Blockchain

After skeptics had derided the network for seeing less DeFi activity since its Alonzo upgrade, Cardano blockchain is finally seeing some uptick in its smart contract activity as the network saw the number of smart contracts on the platform cross the 2,000 mark for the first time.  Sponsored Sponsored One of the platforms that benefited … Read more