Bittrex, a major cryptocurrency exchange, has chosen to contest the SEC’s complaint against it. This decision has been applauded by a popular pseudonymous legal expert known as “MetaLawMan” on Twitter. To provide some background, the SEC charged Bittrex and its co-founder and former CEO William Shihara in...
On Sunday (1 January 2023), Dan Gambardello, Founder of Crypto Capital Venture, as well as the host of the very popular YouTube channel “Crypto Capital Venture”, shared his Cardano ($ADA) prediction for 2023. Gambardello told his over 238K Twitter followers: #Cardano will be a top altcoin to hold in 2023...
On Thursday (24 November 2022), two Cardano-powered projects — Ardana and Orbis — unexpectedly came to a halt, but this doesn’t seem to have dented the enthusiasm, passion, and optimism of the Cardano community presumably due to the rich depth of the ecosystem. The two announcements came...
A Cardano-powered algorithmic stablecoin called Djed ($DJED) is set to launch early next year on the smart contract platform’s mainnet, according to an announcement developers made at the Cardano Summit in Lausanne, Switzerland. Djed, as CryptoGlobe previously reported, is an algorithmic stablecoin issued by fintech startup COTI...
The stablecoin native to the Cardano ($ADA) network has recently been launched along with other synthetic assets via the Indigo Protocol on the cryptocurrency’s blockchain. The Indigo Protocol was launched to issue decentralized synthetic assets on Cardano. According to an announcement from the protocol, synthetic assets were...
On Friday (18 November 2022), EMURGO, which is the commercial arm of Cardano, announced the planned launch of its new dollar-backed stablecoin USDA, which is “the first fully fiat-backed, regulatory compliant stablecoin in the Cardano ecosystem.” EMURGO, which was founded in 2017, is “a global blockchain technology company...
In the wake of FTX’s collapse, cryptocurrency users are seemingly moving their funds to wallets they control on-chain. Cardano ($ADA) wallets have, for example, seen their growth accelerate over the past few days. According to data from Cardano Blockchain Insights, the number of Cardano wallets has recently...
Recently, IO Global (aka “IOG”, formerly known as “IOHK”), the company responsible for Cardano’s R&D, together with Obsidian Systems, explained what is being done to “drive the development of use cases based on the Hydra Head protocol.” What Is Hydra? In a blog post published on 17 September 2021, Sebastien Nagel,...
French cryptocurrency hardware wallet manufacturer Ledger has added a new experimental feature for Cardano ($ADA) holders that allows them to make Plutus V2 smart contract transactions on their Ledger devices. Paris-headquartered Ledger was co-founded in 2014 by Eric Larchevêque, Nicolas Bacca, Joel Pobeda, and Thomas France. It currently makes three...
The cryptocurrency community has set a bullish price target for smart contract platform Cardano ($ADA) this month, presumably taking into account the network’s improved performance after the Vasil hard fork and its growing adoption. According to estimates made on CoinMarketCap’s pages, the average of around 7,100 cryptocurrency...
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