Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Cardano
Let’s Remind Charles Hoskinson of Why Bitcoin Isn’t a Security
This debate is settled for Bitcoin, Charles. Quit spreading FUD. Last Saturday, Cardano founder Charles Hoskinson had some spicy predictions regarding the crypto regulatory situation in the United States. https://twitter.com/Cryptoinsightuk/status/1601825391777222656?s=20&t=egRYYahM45VgAT5uzrcMHg His first was that Ripple’s long-standing lawsuit with the Securities and Exchange Commission (SEC) could settle as soon as December 15th. That didn’t happen. His second was that Bitcoin (BTC) might be regulated by the agency as a security if Cardano (ADA) were to be labeled as such. That…
2 years ago
Aada Finance Is Live and Open for Lending and Borrowing on Cardano Mainnet
Aada Finance, a non-custodial lending protocol, is live and open for business on Cardano mainnet. The app is the first-of-its-kind platform to allow lending and borrowing of Cardano native assets. Moreover, the protocol introduces a novel NFT bond feature, enabling users to transfer and trade loans in the open market. Mantas Andriuska, Co-Founder of Aada Finance, said: We are excited to launch the Aada Finance protocol and facilitate new DeFi use cases through lending and borrowing on Cardano. Peer-to-peer is…
3 years ago
Cardano Founder Hoskinson Calls Ethereum Classic “A Dead Project”
Long-running tension between the Ethereum Classic Community and Cardano founder Charles Hoskinson appears to have gathered steam once more. Hoskinson slammed the platform in a tweet as he responded to allegations from a vocal Ethereum Classic advocate with the username “SETHMCCORMACK9.” Hoskinson Fires Back at Accusations of Plans to “Milk ETC” The accusatory post claimed Hoskinson was looking to take advantage of ETC by imposing a 20% miner tax. No drama, just saying that SHA-3 and also a treasury was…
3 years ago
Cardano Vasil Upgrade Officially Scheduled for September 22nd
Input Output and the Cardano Foundation have both confirmed that Cardano’s Vasil upgrade will take place on September 22nd. Input Output revealed the upgrade date in a tweet on Friday, after completing “extensive testing” and verifying “community readiness”. We along with the Cardano Foundation can today announce 22nd September for the Vasil upgrade on the Cardano mainnet,” said the company. Cardano founder Charles Hoskinson said last week that Vasil would launch in September, but didn’t reveal a specific date until…
3 years ago
Cardano Founder Charles Hoskinson Slates Vasil Hard Fork for September
According to founder Charles Hoskinson, the Cardano blockchain network is set to undergo its Vasil hard fork upgrade in September. Hoskinson revealed this in a video yesterday where he discussed the forthcoming upgrade. If No Major Bugs Show Up, Vasil Could Go Live in September At the moment, the Cardano devs are working alongside the community and running tests on node version 1.35.3. As Hoskinson noted, the team is using a lot of community infrastructure for the upgrade. However, he…
3 years ago
Cardano Vasil Hard Fork Pushed Back by Some Weeks
Citing plans for a hitch-free launch, the Cardano team shared news of yet another delay to the long-anticipated Cardano Vasil hard fork via a Youtube video yesterday. Not the First Delay The upcoming hard fork is the most significant update to the network users have seen since September 2021’s Alonzo hard fork. Input Output Global, the Cardano network’s research and development organization has tagged the Vasil hard fork a “game changer.” Reportedly, the upgrade will take Cardano’s speed and scalability…
3 years ago
Flowr – A Cardano-Based Stake Pool for Your ADA Coins
Cardano is a blockchain platform with unique features, including the ability to execute smart contracts and decentralized applications. Cardano also uses a proof-of-stake algorithm called Ouroboros, which allows users to stake their tokens to receive rewards. In such a context, the Flowr project has emerged on the market panorama. This initiative designed a competitive ecosystem allowing Cardano investors to stake their ADA coins in a new way. Today’s review will look into Flowr, from its purpose to its architecture. This…
3 years ago
Staking247 – Crypto Staking on Cardano Made Simple
Crypto staking is a process of holding coins in a wallet to receive rewards from the network. The act of staking helps secure the blockchain and allows users to earn passive income. There are many different types of staking, but all involve locking up coins for a set period. Staking247 is an online platform that makes it easy to stake cryptocurrencies and earn rewards. They offer tutorials on how to stake various coins and a Telegram channel for support. Cardano…
3 years ago
AzureADA – A Platform Proposing New Ways to Stake Cardano (ADA)
Crypto staking is a process where token holders can earn rewards by locking up their coins in a wallet. In return for pledging their support to the network, they receive a portion of the block reward. Cardano is one such blockchain that offers this feature. This review will analyze the features of AzureADA, a staking platform that allows users to participate in Cardano's staking program. What Is AzureADA? If you're looking for a reliable and trustworthy stake pool to earn…
3 years ago