The US Securities and Exchange Commission’s (SEC) charges against high-profile companies such as Binance and Coinbase sent shockwaves through the cryptocurrency sector and left it surrounded by uncertainty. In addition, the leading cryptocurrency Cardano (ADA) has become a new victim in the SEC’s continuing hunt. In the lawsuit, the SEC
Input Output Global (IOG) recently acknowledged the U.S. Securities and Exchange Commission’s (SEC) claims. However, they firmly state that these accusations, which involve the Cardano network and its native token ADA, have no basis in truth. IOG emphasizes that this situation will not affect their operations. Moreover, they insist unequivocally
Since the beginning of 2023, Cardano (ADA) has nearly maintained a lead along with market leaders such as Ethereum (ETH) and Bitcoin (BTC). Cardano has now climbed by over 54% year to date, compared to gains of 59% for Ethereum and 65% for Bitcoin. When it starts outperforming the larger
Cardano strives to offer a secure and scalable blockchain platform designed to facilitate the execution of smart contracts and the development of decentralized applications. Launched in 2017 by a team of engineers, mathematicians, and blockchain experts, Cardano combines rigorous academic research with advanced technology to offer a more sustainable and
Charles Hoskinson, the founder of Cardano, thinks the decentralization of the project will serve as a “wake-up call” for the sector. Hoskinson recently shared an update with the community. During which he claimed that ADA is “substantially more decentralized” than any other cryptocurrency. Furthermore, the executive emphasized that the Cardano
Cardano (ADA), one of the leading cryptocurrencies, has recently made a significant impact in the decentralized exchange (DEX) market. In the last 24 hours, it secured the 12th position in terms of trading volume across the entire crypto landscape. This surge in trading activity propelled ADA’s value by an astounding
The well-known founder of Cardano, Charles Hoskinson, has spoken out in the midst of the heated debate surrounding Ledger, a prominent hardware wallet manufacturer. And its controversial firmware update, which offers a feature allowing users to back up their seed phrases by sending encrypted key fragments to third-party firms. Hoskinson
On Thursday Hydra Head, a scaling solution designed to speed up Cardano blockchain transactions went live on the mainnet. Some in the Cardano community saw this as cause for renewed hope, saying the network could handle 1 million TPS. This launch follows a string of other Cardano enhancements this year
The much-anticipated mainnet release of Cardano’s Hydra scaling protocol has finally been released. This development is a big deal for the Cardano ecosystem. Since it furthers the project’s stated goals of enhancing the blockchain’s speed, scalability, and security. While also bolstering the revolutionary potential of Cardano’s underlying technology. In this
Ethereum (ETH) emerged to offer smart-contract functionalities that the Bitcoin network could not support. Following that, Ethereum’s competitors rose to provide alternatives to its lingering problems, but they have not yet succeeded. However, Ethereum is currently posing some challenges due to the new “Bots and Sandwich Attack.” So-called “Ethereum killers”
