Galaxy Digital CEO Mike Novogratz sees Cardano, the largest proof-of-stake blockchain, as a “weird cult,” according to his recent interview with Yahoo Finance’s Zack Guzman. The crypto mogul also finds the cryptocurrency’s $46 billion valuation shocking: And so things like Cardano, it shocks me, the valuation. And it shocks every smart developer I know. They […]
Category Archives: Coins
Cardano team released a brand new version of the AlonzoBlue 2.0 node to the testnet, which marks another milestone completed for the Alonzo platform launch. Research & development company InputOutputHK, playing a leading role in the development of the Cardano blockchain platform, reported about releasing a brand new version of the AlonzoBlue 2.0 node to the […]
During his five-hour appearance on the Lex Fridman podcast, IOHK CEO Charles Hoskinson made a case for Tesla adopting Cardano instead of Bitcoin. Hoskinson believes that the e-car maker should drop the largest cryptocurrency if it truly cares about sustainability and carbon neutrality: Well, if they truly care about alternative energy, sustainability, carbon reduction, […]
Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping […]
First of all, Hoskinson criticized the excessive slowness of the Bitcoin network compared to Ethereum. The Cardano founder said that Bitcoin loses in speed and functionality to alternative proof-of-stake networks. In particular, Bitcoin’s basic proof-of-work mechanism was also criticized. According to a guest on the podcast, the Bitcoin community is largely to blame for the […]
During a hotly anticipated interview with Bitcoin proponent and denim aficionado Peter McCormack, El Salvador President Nayib Bukele confirmed that the tropical nation had no plans to adopt any alternative cryptocurrency as legal tender. Bukele explains that having two official currencies (Bitcoin and the U.S. dollar) is already hard enough: It will be impossible to […]
According to a survey of 1,001 registered U.S. voters conducted by polling and data analytics firm Echelon Insights, 33 percent percent of Americans have heard about Dogecoin. The meme cryptocurrency comes in second place in terms of name recognition (behind only Bitcoin). Considering that it enjoyed incessant news coverage because of its monstrous rallies and […]
Decentralized data storage platform IAGON is going to re-shape the Big Data industry with the novel Cardano-based solution. $3,4 million is secured by IAGON from AU21 Capital, X21 and others According to the press release shared with U.Today, Norway-based IAGON team tasked with blockchain-based data storage, has concluded its seed funding round. Image via IAGON […]
Leading cryptocurrency asset manager Grayscale has added Cardano (ADA) to its Digital Large Cap Fund, the company announced Friday. The native cryptocurrency of the largest proof-of-stake blockchain is now the fund’s third-biggest holding with a 4.26 percent share (behind only Bitcoin and Ethereum). Grayscale substantially trimmed Digital Large Cap Fund’s Bitcoin holdings from […]
IOHK CEO Charles Hoskinson has taken to Twitter to shut down critics that recently pounced on his poorly aged tweet from July 2020. Hoskinson claimed that there would be hundreds of assets, thousands of dApps, and tons of interesting projects on top of the proof-of-stake blockchain. Now, Ethereum holders and other Cardano skeptics claim that […]