Cardano

Cardano Celebrates Fantastic Milestone of Unparalleled Uptime

Cardano, a decentralized proof-of-stake blockchain, celebrates yet another fantastic milestone of continuous uptime, solidifying its position as one of the most stable networks in the cryptocurrency industry.  A Twitter user named "Dave" draws attention to the latest Cardano milestone in unparalleled uptime on social media. Cardano has a current uptime of exactly 2,129 days. That is 5.83 years with no downtime, he stated on Twitter. Cardano h...

Dogecoin Now Ahead of Cardano After X-Fueled Boost

Dogecoin (DOGE), the meme-inspired cryptocurrency, has surged ahead of Cardano (ADA) in market capitalization following tweets from billionaire Elon Musk, according to data from digital asset tracking platform CoinGecko. DOGE, which increased more than 9% in the past 24 hours and nearly 20% in the past week, now stands as the eighth largest cryptocurrency by market cap, bypassing the "Japanese Ethereum." At the time of writing, DOGE is tradi...

Cardano Founder Gives Update on Network Rollup Strategy

Cardano founder Charles Hoskinson provides a fascinating update on the implementation of rollups for the network. A Twitter user pointed out that the Cardano founder spoke about rollups, or a rollup strategy, twice this year in YouTube videos, and asked further which project he was specifically referring to. In an AMA in April, Hoskinson hinted about the release of ZK-rollups on Cardano, adding that a "beautiful plan" lies in wait. The sidec...

Cardano Light Wallet Gears for Major Release: Details

Eternl, a multi-platform Cardano light wallet available for web as a browser extension and on mobile, is gearing toward a major release. In a new tweet, the Eternl team hinted that it was closer to the release of Eternl v1.11.0, which marks a complete overhaul of Eternl's core. The release contains new features and improvements such as a smaller memory footprint, way faster syncing and a smaller database. We're getting closer to the release o...

Cardano Founder Reacts to Elon Musk’s Unexpected HEX Statement

Tesla CEO Elon Musk recently made a surprising statement that has to do with HEX. Musk had responded to a Twitter user who suggested that AI draws humans with eight fingers on each hand because it imagines people performing hexadecimal calculations similar to its own. "I have a fondness for Hex," the Tesla CEO replied, keeping up with his usual jokey manner and love of memes. Musk's tweet attracted attention from the cryptocurrency world, as w...

Binance Delists Cardano (ADA) and Polkadot (DOT) From This Section

In a recent announcement, Binance Futures has announced that it will discontinue support for two prominent cryptocurrencies, Cardano (ADA) and Polkadot (DOT), as margin assets in Multi-Assets Mode. The change is set to take effect from July 27, impacting thousands of traders and investors who have utilized these assets in their portfolios. As of today, the transfer-in limit for ADA and DOT has been updated to zero in the Multi-Assets Mode, si...

2 Billion ADA Demand Wall Might Push Back Cardano Bears: Details

Cardano's ADA has been on a steady decline since July 14 after attaining highs of $0.38. That said, ADA will mark its fifth consecutive day of trading in red if a negative close is achieved today. ADA saw a massive price spike from July 13 to July 14 as hopes were revived of Cardano being exempt from the SEC's regulatory threats as a result of Ripple's victory. After then, sellers took profits as ADA perpetually closed days in red. At the tim...

Bitcoin Funding Rates Looking Bullish, Here’s What It Means

Bitcoin funding rates are presenting a bullish outlook, according to recent data from crypto analytics platform CoinGlass. Funding rates on major cryptocurrency exchanges like Binance, OKX and Bitget are in the positive, with only CoinEX showing a negative rate. Binance boasts a rate of 0.0041%, OKX at 0.0029% and Bitget at 0.0034%, with CoinEX being the outlier at -0.0013%. The positive funding rates indicate that traders are willing to pay...

Cardano Transactions Cross Big Milestone: Details

The Cardano network has smashed a big milestone in transactions, which has hit the 71 million mark. Per the weekly report by Cardano builder Input Output Global, the total number of transactions has reached 71.2 million. Not only that, the number of native tokens has seen growth, currently reaching 8.55 million. These were minted across 77,035 token policies. Per the graphic posted, 134 projects have been launched on Cardano, while 1,264 are i...

Cardano’s (ADA) Major Improvement Proposal Reaches Important Milestone

In a significant stride toward establishing a fully decentralized decision-making mechanism, Cardano nears a crucial milestone with the advancement of CIP-1694. The proposal has garnered extensive global attention as representatives from around the world convened to discuss its details. Thus, over the course of six months, more than 50 workshops involving nearly 1,000 community members were held to foster comprehensive discussions on the propo...
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