Over a year after planning, developing, and a passing security audit. Cardano’s native overcollateralized stablecoin, Djed, finally launched on the mainnet on January 31. Djed is a cooperative project between COTI (a layer 1 blockchain network) and Input-Output Global (IOG), the blockchain firm behind Cardano. The stablecoin is now accessible
The launch of Stablecoin on the Cardano (ADA) network is much anticipated by ADA holders. According to the COTI blog, the company is collaborating in the development of the stablecoin on the ADA blockchain, which is expected to emerge in the coming weeks. The debut date is currently unknown, however,
Cardano Network, one of the leading open-source blockchain platforms, has recovered rapidly after its brief node disruption. According to recent posts from the developers of Cardano, the blockchain ecosystem witnessed a brief outage on Sunday as 50% of nodes disconnected due to an anomaly. However, the network problem was immediately
Charles Hoskinson, founder of Cardano, said on Friday that he is contemplating purchasing CoinDesk in order to transform it from a cryptocurrency news website into a hybrid of sorts, bringing together news and a community forum. He thinks the asking price of $200 million is too much, despite the fact
Since the beginning of 2023, Cardano (ADA) front news updates have been positive, with a bunch of future development in its ecosystem. Cardano investors are excitedly awaiting the release of $Djed, the network’s first algorithmic stablecoin, which may challenge the largest altcoin, Ethereum ($ETH). These crypto-monsters, Cardano and Ethereum, are
Djed, the Cardano-powered stablecoin, will be released in the latter half of January. According to the official account for the stablecoin. The Cardano community, which has been anticipating the launch of the first algorithmic stablecoin on the world’s biggest proof-of-stake blockchain, responded positively to this news. The COTI decentralized payment
In the beginning of the new year, 2023, Cardano is excited to share the upcoming development of its ecosystem. Yes, a custom-built sidechains toolkit is verified by Input Output Global (IOG) to enhance Cardano adding more security and scalability to its network. As it is evident that Cardano is a
FTX collapse led to the winding down of cryptocurrency trading and custody services once again in 2022 crypto history. As the crypto market recovers with the start of 2023, Today the global cryptocurrency market turned to bullish price momentum. Also, the market cap of all cryptos increased to $889 billion.
Hoskinson Health & Wellness Clinic, named after Cardano co-founder and CEO Charles Hoskinson, will accept ADA, the native token of the Cardano ecosystem, as payment for medical services. When Hoskinson first announced the news a few days ago, he claimed that the hospital will open in February of 2023. The
Cardano (ADA), the native cryptocurrency of the Cardano blockchain, is currently experiencing positive price momentum amid the markets’ surprising “green turn.” According to CoinMarketCap (CMC), the 8th largest cryptocurrency is now trending in the global crypto market after attaining a significant price surge of 20.11% during the past 24 hours.
