Charles Hoskinson, founder of Cardano, is certain that the U.S. SEC would not go after ADA, the project’s native token. In a recent video interview, Hoskinson said that despite ADA being cited as a security in a lawsuit against a cryptocurrency exchange, no regulatory action has been taken against the
In accordance with the metrics and records of Santiment, an analytics platform, the sharks and the whales of the crypto world have accumulated Cardano (ADA) to its current rise compared from its highest since 2022. Moreover, ADA has reached 8th rank with its market capitalization of around $10 billion. 🐳🧐
Bringing up promising developments in blockchain technology with innovation has been the activity of Cardano (ADA) in recent times. Meanwhile, crypto investors await the usual monthly performance in the crypto market. The overall crypto market is currently down by 0.42% in the last 24H at the time of writing. Alongside,
Looking at the price performance over the last seven days, the price of Cardano has seen fluctuations, with a high of $0.3122. This volatility is not uncommon in the cryptocurrency market and is often influenced by broader market trends and investor sentiment. Cardano (ADA) is currently trading at $0.3045, with
In a highly anticipated move, IO Global (IOG), the tech firm behind Cardano’s research, is gearing up for the mainnet release of Mithril, a stake-based signature scheme and protocol aimed at overcoming major challenges in blockchain applications. In August 2022, the team released Mithril’s proof of concept and officially unveiled
The cryptocurrency Cardano (ADA) has revealed that it extends the unspent transaction output accounting system by adding smart contracts to the Bitcoin UTXO model. The Cardano blockchain helps enhance the Bitcoin blockchain’s accounting model. #Cardano’s extended unspent transaction output accounting system adds smart contracts to Bitcoin’s UTXO model. Learn about the
The so-called “Ethereum Killers” Solana (SOL) and Cardano (ADA), emerged as strong competitors in the global crypto market. Following the Ripple (XRP) victory against the U.S. SEC, both cryptocurrencies have gained significant momentum, with Solana experiencing a remarkable surge in market capitalization. Over the past month, Solana’s market cap has
After a recent bear push that affected the crypto market, popular on-chain data aggregator Santiment tweeted that XRP and ADA had strong possibilities of a return in the near future. Santiment reports that after last week’s spike in gains, several cryptocurrencies including XRP and ADA being sold at a loss.
Despite what may seem to be excessive price swings, Cardano’s (ADA) DeFi TVL has been trending upwards. According to DeFi aggregator DeFiLlama, the total number of ADA tokens locked on all of the DApps it monitors has hit a new all-time high of 557.62 million ADA. This figure has increased
In recent news, the popular banking and crypto trading platform Revolut announced its plans to delist three major cryptocurrencies: Cardano (ADA), Solana (SOL), and Polygon (MATIC), from its trading platform in the United States by September 18. The decision was reportedly influenced by shifting laws and regulations surrounding cryptocurrencies in
