Cardano (ADA) Is Latest Crypto Asset to Consider Burning Mechanism

Cardano might soon have a token-burning mechanism. That’s what information contained in its recent status updates seems to suggest.  Sponsored Sponsored The status update, which is part of a new initiative by the company to release updates about Cardano’s development every week, shows that two of its teams are working on a token burning mechanism.  … Read more

Cardano Active Addresses Increased by Over 200% Despite ADA Price Slip

The active address count on the Cardano network increased by more than 200% this month. The number currently stands at 191,500, though it peaked at 485,000 towards the tail end of November. Sponsored Sponsored The number of active addresses on Cardano has jumped by more than 25% in November 2021, according to data from Messari. … Read more

Cardano Smart Contract Upgrade Successfully Deployed But ADA Dumps

The highly anticipated smart contract upgrade for Cardano has finally been deployed, though the price of its native ADA token has dumped today. Sponsored Sponsored InputOutputHK, the company behind Cardano, posted an update in the early hours of Sept 13 reporting that the Alonzo upgrade has been successfully deployed. The stated “The Alonzo upgrade is … Read more

What Cardano needs to continue making gains

The most awaited event of the year is about to take place as the Cardano Alonzo hard fork is close to being activated. The arrival of smart contracts on the Cardano network will be the first step in a huge overturn in the market. If it delivers as per expectations it will send shockwaves across … Read more

Cardano Smart Contracts to Hit Public Testnet on Sept 12

Cardano will see smart contracts launch on the public testnet on Sept 12, bringing the much-anticipated upgrade to the public. Sponsored Sponsored Input-Output Hong Kong (IOHK), the development team behind Cardano, announced that the smart contract upgrade will launch on the public testnet on Sept 12. The company tweeted on Sept 7 that the Cardano … Read more