Category Archives: Coins

Cardano Hits $3 for the First Time as Testnet Now Supports Smart Contracts

Cardano (ADA) surpassed the $3 mark for the first time on the Bitfinex exchange at 2:00 a.m. UTC. Image by tradingview.com It is the biggest gainer over the past week after Solana (SOL).   The native cryptocurrency of the largest proof-of-stake blockchain is up by more than 1,567 percent in 2021. Because of its blistering […]

Cardano to Focus on These Things Ahead of Alonzo After Launching Smart Contracts Testnet

In its recent tweet, Input Output HK named the next goal of the dev teams prior to the rollout of the Alonzo hard fork. Final testing and signing up more exchanges for Alonzo They wrote that after the launch of Plutus smart contracts capability on Sept. 1, they are going to focus on running the […]

JPMorgan Issues Major Bearish Warning About Altcoins

In its recent note cited by Business Insider, JPMorgan claims that the ongoing rally should be viewed as a major red flag by cryptocurrency market investors. The largest U.S. bank believes that the renewed altseason is a sign of market froth: Cryptocurrency markets [are] looking frothy again. JPMorgan points to the fact that alternative cryptocurrencies […]

Cardano’s (ADA) Scaling Protocol Compared to Ethereum’s Arbitrum

As explained by Haskell dev Matthias Benkort, software engineering lead at Input Output Global (IOG), the development team behind Cardano solutions, off-chain scalability protocols Hydra and Arbitrum adhere to completely different scenarios. Introducing Hydra, first L2 scalability solution for Cardano (ADA) According to a recent Twitter thread by Mr. Benkort, there are a number of fundamental […]

Is Cardano Actually Broken? Charles Hoskinson Addresses Twitter Drama

The launch of smart contracts on Cardano’s public testnet has been tainted by a smear campaign spearheaded by Ethhub.io co-founder Anthony Sassano, one of the most vocal members of the Ethereum community. Sassano posted a series of screenshots from a Reddit thread, which shed light on the concurrency issue faced by Minswap, a swap exchange […]

Cardano (ADA) Smart Contract Release to Catalyze Ethereum: Opinion

DeFiance Capital is a leading DeFi-focused investment fund in Asia. Launched by Arthur Cheong (Arthur0x), it took part in the funding rounds of almost every top-tier decentralized finance protocol. Its expert, Wangarian (@0xWangarian), unveils one more unexpected catalyst for Ethereum (ETH) in September. $90 billion may flow to Ethereum, here’s how According to the latest tweet by […]

64% of Pools Upgraded to 1.29.0 Alonzo Node, Ready for Cardano’s Hard Fork

IOHK, the company behind Cardano, has tweeted that the target for Alonzo-ready stake pools they set has almost been reached. Less than 70% of pools are ready to meet Alonzo, as was expected, but the figure of Alonzo-ready pools has almost doubled. Sixty-four percent of pools upgraded by now The amount of Cardano stake pools that are […]

Charles Hoskinson Warns of Massive FUD Storm in Run-Up to Alonzo Launch, Says Same Was with Shelley

Charles Hoskinson, the founder and CEO of Input Output Global (IOG) and founder of Cardano, has taken to Twitter to comment on the numerous posts about Cardano “fear, uncertainty and doubt” (FUD) on Twitter, Reddit and other social media. Cardano is facing this storm of commentary just before rolling out its Alonzo upgrade. This is not the […]

Date of Cardano’s Smart Contract Launch Officially Confirmed

A smart contract update proposal has been successfully submitted to Cardano’s mainnet, according to a recent announcement made by developer IOG. The Alonzo hard fork combinator (HFC) event will now officially take place on Sept. 12, which is in line with the team’s original schedule. LAUNCH CONFIRMED: Today, around 17:26 UTC we successfully submitted an […]

Cardano Creator Predicts That Many Nation States Will Follow El Salvador’s Lead

After El Salvador became the first country to adopt Bitcoin as its national currency, IOG CEO Charles Hoskinson forecasted that other countries could follow suit in the future.   In the coming years, many more nation-states will use crypto as part of their monetary policy (either as reserves in their central banks or using cryptocurrency […]