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NewsCrypto Is Next Project Listed on PancakeSwap

1 day ago

With the NewsCrypto Coin (NWC) token now being launched on PancakeSwap, users are able to benefit from its impressive liquidity and range of additional features – providing even more utility to NWC holders. Cryptocurrency trading education, analytics, and social prediction platform NewsCrypto is set to become one of the first cross-chain cryptocurrencies added to PancakeSwap – the leading decentralized exchange on Binance Smart Chain.As a platform designed to make cryptocurrency trading more approachable and profitable for traders, NewsCrypto offers a huge variety of tools, insights, and features to help both novice and experienced traders identify and capitalize on opportunities in the crypto market while managing their risk. These include a powerful trading simulator, DeFi scanner,

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Bitcoin Price Under $50K Now, BTC Correcting Again

1 day ago

On Thursday, March 4th, Bitcoin is correcting after a phase of growth. It is generally trading at $49,500 USD.By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.Tech analysis of BTC/USDBTC capitalization now is nearing 1 trillion USD.PayPal is planning to buy a crypto depository service.On W1, BTC now keeps correcting in an uptrend. The aim of the growth after the pullback is over is 62,000 USD. The MACD histogram remains positive and keeps growing, giving yet another signal for the growth of the price. The signal lines of the indicator are also going up, increasing the chances for further development of the uptrend. Meanwhile, the Stochastic has also formed a Black Cross in the overbought area, suggesting a correction in the nearest future. Judging by all the factors, the asset might soon

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Coinbase CEO Brian Armstrong Tops Hurun List of Blockchain Billionaires

1 day ago

The report revealed that there are over 3,000 global billionaires, a figure which has surged by almost 50% over the last five years.Brian Armstrong, CEO of Coinbase, has been crowned as the king of blockchain billionaires according to the latest Hurun list. The report from China’s Hurun Research Institute revealed Brian Armstrong is the world’s biggest cryptocurrency billionaire with an estimated net worth of around $11.5 billion after it surged 10 times over the past year. The latest Hurun List, published on March 2, provides a summary of the current world’s richest people. The report revealed that there are over 3,000 global billionaires, a figure which has surged almost 50% over the last five years. The Hurun List also highlights 17 “blockchain billionaires,” or entrepreneurs who have

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Crypto.com Launches Venture Capital Arm, Earmarks Initial $200M to Back Crypto Projects

1 day ago

The move by the Crypto.com exchange to unveil its Venture arm is not uncommon in the digital currency ecosystem. Some other exchanges have similar initiatives.Hong Kong-based cryptocurrency exchange Crypto.com has unveiled its Venture Capital arm dubbed Crypto.com Capital. The new entity has the mandate to identify and fund innovative projects within the digital currency ecosystem, in a bid to nurture them to attain global acceptance.As blockchain technology and cryptocurrencies as a whole journey’s unto maturity, new projects are permeating the space, with some ambitious enough to aim at global adoption. As prevalent in the tech ecosystem, however, the unavailability of funds is always a hindrance to the aspirations of most crypto-related startups, and this challenge is what Crypto.com

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UBS Analyst Changes Mind on Tesla, Doubles TSLA Stock Price Target

1 day ago

UBS analyst also highlighted that “Tesla has the potential to become one of the most valuable software companies.”The performance of leading electric car maker Tesla Inc (NASDAQ: TSLA) in the stock market has convinced a long-time skeptic into a fervent believer of the potential it holds. The hitherto skeptic, UBS analyst Patrick Hummel, was forced to change tunes as he more than doubled his Tesla stock price target from $325 to $730 while adding that the “the narrative is no longer about the company’s leadership in electric vehicles, it’s about “winning” in software.”Though Hummel kept his rating at neutral, he believes that the competition in the electric car market would have little to no effect on the performance of Tesla which he believes would be the most profitable business in the

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Associated Press to Auction Its First NFT Artwork on OpenSea

1 day ago

All bids on the digital art are priced in Ethereum and the top at press time was for $928 in Wrapped Ether (WETH).The Associated Press (AP) is set to auction its Non-Fungible token (NFT) artwork that commemorates the first United States election reported on a blockchain. The artwork, “A View from Outer Space,” a product of a collaboration between The Associated Press (AP), Everipedia and digital artist Marko Stanojevic will be auctioned on OpenSea on March 3, for a period of seven days.The NFT artwork shows a visual of the electoral college map from space using election Associated Press data published on-chain at the time. The digital art according to reports is considered one of a kind and a 1/1 edition. The Associated Press declared the winner of the 2020 US Presidential Election via an

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OKTA Stock Down 10% in Pre-market, Okta to Purchase Auth0 at $6.5B by Next Year

1 day ago

Okta and Auth0 are set to focus on the identity on the internet, that is today a billion-dollar industry.Okta Inc (NASDAQ: OKTA) stock closed yesterday trading at $241.22, down 6.89%. The dip accelerated further during the pre-market trading session, as it was down approximately 10.66% according to MarketWatch. The sudden dip was associated with an announcement from Okta that it will purchase Auth0 for $6.5 billion.However, the deal is expected to be finalized by next year during the second quarter. Okta stock shareholders sold their stake yesterday despite the company having reported revenue of $234.7 million, up 40%, during the fourth quarter.According to its earnings report on Wednesday, the net loss widened to $75.8 million from $50.4 million a year earlier.In a bid to reach out a

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SNOW Stock Down 9% Yesterday, Snowflake Releases Q4 and Full Fiscal Year Earnings Report

1 day ago

In its earnings report, Snowflake also gave a projection of its anticipated performance for the fiscal 2022 financial year.American cloud-based data-warehousing company Snowflake Inc (NYSE: SNOW) has released its earnings report for both the fourth quarter and the full 2021 fiscal year. According to the official press release, the firm reported product revenue of $178.3 million in the fourth quarter, representing 116% year-over-year growth.With a total of 4,139 clients, Snowflake noted it had a revenue retention rate of 168% and that it has 77 customers with trailing 12-month product revenue greater than $1 million. Other key highlights for the company include revenue growth for the quarter coming in at $190.5 million, a 117% growth in the same period last year.Product revenue for the Q4

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EOS Founder Dan Larimer Reveals His Next Blockchain Project Dubbed Clarion

1 day ago

Notably, the Clarion protocol will not have a governance token like most blockchain projects.One of the most successful blockchain developers Dan Larimer, EOS founder, has revealed his next big project dubbed Clarion. In a note on GitHub, Larimer noted that the project is in the early stages and he is gathering a team of developers.According to him, Clarion OS is dubbed to disrupt the internet by providing scalable and decentralized services.“This project will be developed in the open and welcomes contributions from anyone interested in restoring the internet to the level of logical decentralization that was intended before Big Tech locked us into their services and stopped producing tools that empower people,” Larimer explained.According to news outlet Decrypt, the Clarion protocol will

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Netflix Launches TikTok-Styled Feature ‘Fast Laughs’

1 day ago

Clips on Fast Laughs can be saved to watch later by adding it to “My List,” a feature that already exists on the Netflix app.American content platform and media production company, Netflix Inc (NASDAQ: NFLX) has launched a TikTok clone dubbed ‘Fast Laughs,’ a way for people to see something funny while maintaining a presence to watch more videos on the app.The Fast Laughs feature is not a new app, rather, it is a new feature designed to complement the offerings of the Netflix library. Besides being able to watch short clips directly, users can, react, or share the short clips as well as add the show or movie to a Netflix watchlist.The Netflix Fast Laughs is a product of months of development and test runs, and the feature is debuting only on iOS for users in selected countries with the

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Digital Reserve Unveiled: DRC’s DeFi Platform for Hedging against Inflation Risks

2 days ago

Users who are interested in taking advantage of the product offering from the Digital Reserve (DR) platform can do so by depositing DRC into the system which will first be converted to WETH through the Uniswap router.Digital Reserve Currency (DRC) has unveiled Digital Reserve, a decentralized finance-focused platform that has the core mantra of hedging against inflation. With the new platform, holders of DRC, which doubles as the network’s native token “will be able to get easy exposure to a basket of the most efficient store of value (SoV) assets to preserve their capital.”According to a press release shared with Coinspeaker, the Digital Reserve platform is built atop the Ethereum Blockchain and offers value to its adopters based on their risk tolerances.“The Digital Reserve will allow

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TRON Ushers in Prediction Markets after Partnering with Prosper

2 days ago

Iva Wisher, Prosper co-founder, notes that the partnership with TRON represents a milestone in Prosper’s efforts to “collaborate with the biggest players of the DeFi world.”TRON users will soon access cross-chain prediction markets and hedging on the platform’s burgeoning DeFi ecosystem, according to a March 3rd release announcing a partnership with Prosper, a non-custodial, cross-chain platform.TRON, already one of the world’s largest and most popular blockchain-based operating systems, is enjoying a rapidly-expanding DeFi ecosystem, leading founder Justin Sun to emphasize a mantra of being “all in on DeFi” by continuing efforts to partner with top projects in the space.Development and integration steps are expected to be announced in the coming weeks, but TRON users are expected to be

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Paris Hilton Enters NFT Market after Referral by KimDotcom

2 days ago

Paris Hilton, who is a great-granddaughter of Conrad Hilton, the founder of Hilton Hotels, auctioned one of her artworks for 40 units of Ethereum last year.American media personality Paris Hilton released her first Non-Fungible Token (NFT) after she was influenced by a respected gamer, artist, and entrepreneur KimDotcom. However, it is reported that she was involved with the NFT market last year, according to news outlet Decrypt. Reportedly, Paris Hilton who is a great-granddaughter of Conrad Hilton, the founder of Hilton Hotels, auctioned one of her artwork for 40 units of Ethereum last year. Paris Hilton took part in a clubhouse session on NFT yesterday where KimDotcom encouraged her to venture into the booming industry.Thanks @KimDotcom ☺️ Excited to release my first #NFT. Fascinated by

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Bitcoin Is Back Up to $50K, Critical Stage for Bull Revival

2 days ago

There may be an end to the recent pullback if Bitcoin stays above $50K. Analysts are predicting a new high above $58,000.Bitcoin has once again exceeded $50K, putting an end to the current price pullback. The growth may also mark the end of a revival of the comprehensive uptrend.Bitcoin began this month positively after jumping more than 80% to $49,000. John Ng Pangilinan, managing director at Singapore-based Signum capital, said:“The correction looks to have ended with a move above $50,000”BTC initially pushed above $50,000 early Tuesday, recovering from last week’s 21% sell-off. Kyle Davis, the co-founder of Three Arrows Capital, explains that he expects offerings from the largest investment banks to grow as they adopt cryptocurrencies. Some of these offerings include bitcoin research,

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US Stock Market Records Massive Pull Back Following Stunning Start of Week

2 days ago

The US stock market is perhaps responding to a 1.41% drop in the 10-Year Treasury rate, a major focus point for equity investors.The US stock market is seeing a strong pull back after starting the week on a stellar note. The Dow Jones Industrial Average (INDEXDJX: .DJI) slipped by 0.46%, shedding 143.99 points to 31,391.52. The Nasdaq Composite (INDEXNASDAQ: .IXIC) dropped 1.69% to 13,358.79 while the S&P 500 Index (INDEXSP: .INX) which recorded a 2% bullish jump on Monday shed off 31.53 points, atop a 0.81% dip to 3,870.29.The technology service companies, as well as consumer-focused firms, saw the biggest hit at the close of trading on Tuesday. The electric automaker, Tesla Inc (NASDAQ: TSLA) recorded a dip of 4.45% to close at $686.44 per share. American multinational technology

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VanEck to Launch Vectors Social Sentiment ETF Named BUZZ

2 days ago

BUZZ already has support from some big names. Jim Cramer says that the ETF ‘resonates’ with him.The VanEck Association is expected to launch VanEck Vectors Social Sentiment ETF (NYSE: BUZZ) on Thursday, March 4. The ETF will monitor online chatter about the BUZZ NextGen AI US Sentiment Leaders Index. The Index will include the 75 most-favorably mentioned companies on the web with a market cap of no less than $5B. A few stocks listed on the Buzz index include DraftKings (NASDAQ: DKNG), Twitter Inc (NYSE: TWTR), Facebook Inc (NASDAQ: FB), Ford Motor Company (NYSE: F), and Amazon.com Inc (NASDAQ: AMZN).The ETF’s algorithm, created by Buzz Holdings ULC, selects stocks with the most positive online buzz by scouring social media platforms, news sites and blogs. Ed Lopez, head of ETF product for

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SEC Chair Nominee Gary Gensler Makes Pro-Crypto Comments at Confirmation Hearing

2 days ago

Ever since news emerged that Gary Gensler could be the new chairman of the SEC, crypto enthusiasts and analysts have praised this initiative as they see it as a big plus to the industry.During yesterday’s confirmation hearing for the post of the chairman of the Securities and Exchange Commission (SEC) Gary Gensler – the nominee for the position – said that “cryptocurrencies have been a catalyst for change.” He made this statement while responding to questions from members of the Senate on how Congress and the regulatory body can collaborate to create “a more forward-thinking” business environment for the burgeoning crypto industry.Gensler made references to his time as a lecturer at the Massachusetts Institute of Technology noting that “Bitcoin and other cryptocurrencies have brought new

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Automating Your Trading Strategy, Set It and Forget It: Top 3 Trending Index Tokens

2 days ago

Index tokens are a vital tool for making breakthroughs happen. By providing automated rebalancing and diversification of crypto portfolios, they represent both convenience and risk alleviation.Index tokens bring asset automation and risk reduction to your yield farming ventures. As blockchain finance continues to evolve, they aim to streamline investment experience just as ETFs do in the traditional stock market.What Are Index Tokens?The GameStop short-squeeze drama is simmering down now, but it resulted in hedge funds losing billions of dollars and more people than ever entering high finance. For newcomers, this sector tends to be rather overwhelming as they have to wade through all the muddled jargon. In many ways, it is like learning a new language, the language of finance which gains

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Inner Mongolia Shutting Down Crypto Mining Operations to Reach Higher Energy Efficiency

2 days ago

The move by Inner Mongolia to curb its crypto mining operations stems from Beijing’s concerns about the region’s inability to meet up with energy efficiency standards.Inner Mongolia, a region in Northern China, is set to stop all of its crypto mining operations in order to pursue Beijing’s energy efficiency demands. As reported by CNBC, the Bitcoin (BTC) mining hub will stop the approval for new digital currency mining farms to be established while shutting down existing ones.Bitcoin and other cryptocurrency mining operations are known to consume a large amount of energy, making the venture, a not so government-friendly one. The mining activities involve an array of sophisticated and specialized machinery and computers that work in tandem to solve complex mathematical problems. These

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NFT Records Over $342 Million Trading Volume in February

2 days ago

Generally, NFTs are on the right path of attracting more traders, taking the non-fungible token collectibles markets to the sky.NFT is having a great year, recording massive sales with its numerous digital collectibles. NFTs have a big collection of palpable and abstract items that carry their uniqueness and on-chain look. The non-fungible token is essentially based on Ethereum (ETH) and has a booming market with sports collectibles, trading cards, art collectibles and even digital kick collectibles. Recent trading data shows that NFT marketplaces have had an incredible year so far, with February being the most explosive month for NFT markets. The crypto-based digital collectibles are gradually obtaining unstoppable marketplaces.NFT markets saw a unified trading volume of about 342 million

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Crypto.com Is Now Sponsor of Aston Martin Formula One Team

3 days ago

Aston Martin’s partnership with Crypto.com is a clear indication that the interest in cryptocurrency adoption is increasing.According to recent reports, one of the biggest trading sites Crypto.com has agreed to collaborate with the Aston Martin Formula One team and to sponsor the team. The multi-year sponsorship deal of the crypto trading platform and the motorsports team came amidst the incredible stance pulled by the crypto market from the beginning of the year.As per reports from the British-based luxury car manufacturer Aston Martin, this deal comes as part of the 2021 roadmap to get back into the Formula One race after more than six decades of non-attendance.As part of the 2021 roadmap, Aston Martin also seeks to leverage the power of data. The company recently announced a partnership

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Jelurida and Simplex Partnership Set to Unlock Further Blockchain Capabilities

3 days ago

With the Jelurida and Simplex partnership, customers can look forward to excellent KYC/AML capabilities.Jelurida, a blockchain development company, entered into a strategic partnership with Simplex, a firm that allows its customers to purchase different digital assets with different payment methods, to steer forward the blockchain capabilities in real-world use cases.Industry pioneers are seeking ways to tap the blockchain technology and help businesses integrate them seamlessly and securely. Integration of the fiat market and the crypto industry is one of the areas that developers are focused on. As crypto adoption rallies from retail to institutional investors around the world, blockchain scalability is becoming the order of the day.Jelurida is popularly known for developing and

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Foxconn-backed TV Maker Vizio Submits IPO Application, Five Years Later after First Attempt

3 days ago

After traversing through some rough roads over the last few years, the smart-TV maker Vizio will be going ahead with a $100 million public offering.Vizio Holding Corp, the smart tv-maker backed by the Taiwan-based tech giant Foxconn, has submitted a fresh IPO application. With its increasing market share in the entertainment industry, the smart-tv maker is looking to raise funds from the public.The size of Vizio’s IPO offering is currently pegged at $100 million. However, the company hasn’t yet disclosed the total number of shares and the proposed filing of each share. Vixion said that it will provide all the details in the final filing. The company plans to trade its shares on the New York Stock Exchange (NYSE) under the ticker VZIO. Bofa Securities and JPMorgan will be the lead

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Blockchain Sports Firm Chiliz Eyes American Leagues with Proposed $50M Investment

3 days ago

Chiliz has already churned out an impressive list of blockchain tokens for European football clubs and now it is planning to rock the US market.Malta-based blockchain sports firm Chiliz is set to make its entry into the American market with a planned $50 million investment. As reported by Reuters, the plan was revealed by the company’s Chief Executive Officer Alexandre Dreyfus and will involve the opening of an office in New York.The firm, which prides itself in creating fan tokens for the top sports outfits in Europe is eyeing a partnership with the top five leagues in America, all to advance its mission to take advantage of a “new digital revenue stream” for sports organizations through engagement with geographically widespread fan bases.“A huge focal point for us in our global growth

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Coronavirus-Induced Digitization and Crypto Adoption May Push Crypterium’s CRPT Token in 2021

3 days ago

According to Wallet Investor, Crypterium’s CRPT token is a worthwhile long-term investment. They project the CRPT token price to reach $1.55 in years to come.2020 was an exceptional year for cryptocurrencies.Year-to-date, for instance, Bitcoin prices have more than quadrupled to spot rates at over $46k. By mid-February 2021, Bitcoin breached $50k to become a trillion-dollar asset, on track of toppling gold as the leading store of value.US Multi-billion Firms Adopting Bitcoin and CryptoAlthough prices may be volatile, understandably being a relatively illiquid asset in operation for just 12 years, analysts are confident. For instance, in a note to their institutional clients, a Citibank Technical Analyst said the Bitcoin price could rally to over $100k by the end of 2021.Other crypto

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Da Vinci Capital Investors Seek $100M Compensation from Telegram CEO

3 days ago

Telegram was ordered to halt sales of Gram after it allegedly failed to register an early sale of $1.7 billion in tokens before the launch of its Telegram Open Network.Investors at Da Vinci Capital, a private equity management firm are reportedly demanding compensation for Telegram’s failed launch of their Telegram Open Network (TON). Da Vinci Capital, which is a major investor in Telegram’s $1.7 billion initial coin offering reportedly sent a letter before claim (LBC) to Pavel Durov, CEO of Telegram on March 1, revealing plans of pursuing legal actions against Telegram and its TON Inc. Da Vinci Capital is reportedly demanding $100 million in compensation from Telegram and other firms involved in the failed Gram initial coin offering. Telegram was ordered by the United States Securities

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Ethereum Price & Technical Analysis: ETH Will Use Any Chance to Grow

3 days ago

Yesterday the ETH grew noticeably, and on Tuesday, March 2nd, it keeps looking for a foothold, trading at 1,541 USD. The market looks clearly positive.By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.On D1, ETH/USD keeps trading under 23.6% Fibo. The MACD histogram is below zero and keeps declining, which is a signal for a correction. Meanwhile, the signal lines of the indicator have formed a Black Cross, which is another reason for a pullback. Judging by the previous dynamics, the quotations might correct to the support at 38.2% before breaking through 0.00% Fibo. When the correction is over, the uptrend will be aiming at 2,030 USD as before.Photo: RoboForex / TradingViewOn H4, the situation is similar to that on D1: the quotations are under 23.6% Fibo. After forming another pullback,

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Altcoins To Watch: ZRX, XLM, LTC

3 days ago

In this article we will review three altcoins that are showing signs of a bullish continuation according to the technical analysis and will add some updates of their projects.Cryptocurrencies salute the spring with their recovery from the February sharp fall. There are many technical and fundamental signs of the upcoming new bullish cycle for the crypto-market, including CME Bitcoin ETF, Grayscale broadening their product offering by adding other cryptocurrencies, FD7 to sell $750 worth of Bitcoin to purchase ADA and DOT.Stellar LumensStellar announced today their launch of Horizon 2.0. Horizon is the Stellar network’s API which connects apps to the Stellar Core. Horizon is used to display various calls on an app such as submit transactions, query the account balance, stream account

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xWIN to Use Binance Smart Chain to Break Limitations of Traditional Fund Management Model

3 days ago

As decentralized finance continues to evolve, the xWIN project can confidently put forward the vision of technology innovation beyond traditional funds. 2020 was an extraordinary year. Due to the impact of Covid-19, the world is facing disrupted transformation and digitalization, and many companies are accelerating their reform and transformation. This is especially true in the digital asset world.The total value of DeFi exceeded US$10 billion for the first time, which is equivalent to 2.5 times the total value of DeFi in 2019, with a year-on-year growth rate of 1410%. The surging decentralized exchanges are in the top four this year. The monthly trading volume is close to its full-year 2019 trading volume.Since PayPal, JPMorgan, MicroStrategy and other large companies entered the digital

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Cardano Becomes Multi-Asset Blockchain Following Mary Protocol Update

3 days ago

Cardano native token ADA has been recording gains, pushing the cryptocurrency project to the place of the third-largest digital asset by market cap.The Cardano blockchain has become a multi-asset chain following its hard fork, which is the “Mary” protocol update on the 1st of March. The hard fork, the “Mary” protocol update, was eventually completed after a long wait. After the Mary update launched to mainnet, the blockchain said it represents a major milestone in its ongoing rollout.Before the Mary update, Cardano founder, Charles Hoskinson, referred to the upgrade as “historic” in a video update. He said that the transition would be easy for node operators. According to Hoskinson, the node operators would only need to update their software and download the latest version of Daedalus to

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