These are the odds of Cardano hitting its floor price of $1.6 soon

September, along with Q3, is on the verge of concluding. Over the past week, the crypto-market’s coins have projected contradicting trends on their charts too. While the market has evolved over the years, transitionary phases are still wobbly and indecisive, however. Cardano, the market’s third-largest cryptocurrency, has inevitably become a victim of the broader market’s … Read more

Cardano layer-2 solution, Hydra to improve scalability among other things

Ever since the Alonzo hard fork took place on the Cardano network earlier this month, its developers have been on their toes to maximize its smart contract functionality. While its commercial arm EMURGO had announced the development of a DeFi platform on Cardano last week, its development team Input Output HK (IOHK) has now revealed … Read more

EMURGO announces new venture to build DeFi services infra on Cardano

Now that Cardano‘s Alonzo hard fork has given way to smart contract integration, it only makes sense for the network to foray into the world of decentralized finance (DeFi). To achieve that end, Emurgo, Cardano’s commercial arm, has officially announced the launch of Astarter, Cardano’s very own DeFi venture. Emurgo brokered a partnership with China-based … Read more

Scores of projects already developing in Plutus, various Cardano testnets

The past month was one of much anticipation, as the Cardano community worldwide waited for smart contracts deployment to finally activate on the network’s mainnet. Amidst bouts of FUD and criticism, the Alonzo hard fork combinator event finally took place yesterday, bringing in “an epochal moment in the birth of a new ecosystem.” In the … Read more

Cardano tops ‘commits leader-board’ prior to upcoming Alonzo hadfork

As Cardano is readies for the Alonzo hardfork, it has already beaten its competition with the most average commits per month (CPM) in the past year. Outlier Ventures’ report pointed out a 24% growth in Cardano’s commits compared to the previous 12-month period. While it ranked number one on average commits, Cardano was also “555% … Read more

With over 70,000 NFTs issued, Cardano delivers ‘time and again,’ Hoskinson tells critics

As the crypto community prepared for the long-awaited Cardano [ADA] Alonzo hard fork, founder Charles Hoskinson live streamed a video, where he spoke about “weird” and “negative” crypto journalism coverage. With Hoskinson and the Cardano community feeling the pre-fork pressure, their turbulent relationship with the media and FUDsters took center stage again. NFT support. . .allegedly … Read more

‘Ghost chain’ to ‘ghostbusters,’ Cardano’s Hoskinson gears up for the big day

The Cardano community has been waiting for the upcoming update for a while now. The update will push the network’s ability to run a range of crypto applications which include smart contracts and non-fungible tokens, something everyone wants a piece of. Now, IOHK founder and CEO, Charles Hoskinson noted that the much-awaited update will bring … Read more

Do errors in first public testnet dApp, post Alonzo hardfork, mean ‘death of Cardano’

Amid much community fervor, Cardano’s Alonzo testnet hard fork finally took place last week. The primary anticipation was behind the inclusion of Plutus smart contracts into the network, which would allow it to vastly expand its functionalities. The community’s enthusiasm was clearly reflected in the bull run that Cardano’s native token ADA has been on, … Read more

Everything ‘Green and Go,’ Says Hoskinson on Alonzo Upgrade

“Everything’s green and go, we’re on schedule,” Cardano Founder Charles Hoskinson said of the Alonzo upgrade in a recent vlog post. Sponsored Sponsored In the update, Hoskinson said his team had just concluded their “go/no-go” meeting on the whole infrastructure of the Alonzo upgrade. Hoskinson described how 25 stakeholders went through a “huge checklist of … Read more

Hoskinson’s ‘green and go’ update on Cardano, Alonzo hardfork

“Everything’s green and go, we’re on schedule,” according to IOHK founder and CEO, Charles Hoskison. In his latest vlog, he shared quick updates with the community about the upcoming Alonzo hard fork as the network approaches the launch of smart contracts. Hoskinson noted that the team was already preparing for the public Alonzo testnet hard … Read more