Tag Archives: Cardano

Software development company COTI announced a few hours ago the issuance of the first stablecoin designed to run on Cardano. The news was first revealed by Charles Hoskinson, leader of Cardano, and Shahaf Bar-Geffen, CEO of COTI Group, at the Cardano Summit stage in Laramie, Wyoming. The Djed stablecoin will be issued on Cardano and will promote the growth of its nascent ecosystem, especially now that the blockchain is beginning to support smart contracts and markets have...

Coinpanion ermöglicht jedem, ohne jegliches Vorwissen, automatisiert vom Kryptowährungs-Markt zu profitieren. Dabei kümmert sich das Start-up um alles, vom einfachen Markteinstieg bis hin zum automatischen Management der Kryptowährungen. Coinpanion verwaltet nach knapp einem Jahr bereits mehrere Millionen Euro für seine Kund*innen und erhält nun 1,8 Millionen Euro Seed-Investment von namhaften Investoren aus Deutschland und Österreich. Lead-Investor der Runde ist der deutsche High-Tech...

InputOutput (IOKH), the technology company behind the Cardano open-source blockchain project, announced in the ongoing Cardano Summit 2021 that it has partnered with decentralized blockchain oracle network Chainlink. Tremendous Respect for Cardano As per the announcement, the partnership will see Cardano integrate Chainlink’s oracles to support developers as they prepare to start building smart contracts for decentralized finance (DeFi) applications. Recall that Cardano...

The strategic partnership aims to introduce Cardano’s blockchain technology to DISH’s telecom services, likely to boost Cardano’s adoption and benefiting DISH’s users with 8 million digital identities (D.I.D) on phones satellite. DISH and Cardano Speaking at the Cardano Summit 2021, Hoskinson said that while the main idea was to create a network where users can move seamlessly from one space to another, the underlying business infrastructure has remained “ossified.” “We think...

COTI, an enterprise-grade fintech platform that empowers organizations to build their payment solutions, recently announced that it will be partnering with Cardano’s stablecoin hub, Ardana. The collaboration will introduce stablecoin crypto-to-fiat payments aimed at the Cardano community, in addition to consumers and merchants worldwide. Speaking in a statement, COTI’s CEO, Shahaf Bar-Geffen, said, “Today, COTI is doing its first steps in Defi over Cardano, which we believe...

ADA price started a sharp decline from the $2.60 zone against the US Dollar. The price is now trading below $2.50 and the 55 simple moving average (4-hours). There is a crucial bearish trend line forming with resistance near $2.35 on the 4-hours chart (data feed via Bitfinex). The price could remain in a bearish zone as long as it is below the $2.35 resistance zone. Cardano price is down over 10% and it broke the $2.20 support against the US Dollar, similar to bitcoin....

Cardano is currently the third-largest cryptocurrency by means of total market capitalization. The network saw substantial growth over the current bull cycle, which brought its current valuation to $76 billion at the time of this writing. Over the years, Cardano has received serious criticism of its approach where naysayers argued that the billion-dollar market cap is completely unjustified for a network with no usable applications. For those unaware, the project took a...

ADA price started a sharp decline from the $3.00 zone against the US Dollar. The price is now trading below $2.60 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $2.68 on the 4-hours chart (data feed via Bitfinex). The price could start another strong decline if it breaks the $2.20 support zone. Cardano price is facing many hurdles near $2.65 against the US Dollar, similar to bitcoin. ADA price must stay above...

The wait is finally over. After years of researching and producing a multitude of peer-reviewed papers on the network’s structure, potential, ideas, goals, and whatnot, Cardano now has smart contracts capabilities to further bolster its ecosystem. Alonzo Mainnet Now Live As of now, Cardano saw an important hard fork go through, and Alonzo is now live on the mainnet. What this means is that the network supports smart contracts, enabling various teams and projects to start...

It goes without saying that the past 12 months have been an absolutely wild ride in the cryptocurrency industry in terms of price. This also makes it easy to forget that there’s a lot of work being done on the most popular networks to fuel this massive growth. We take a closer look at Outlier Ventures’ Blockchain Development Trends report, examining the period between July 2020 and June 2021. Cardano Lead by Commits Per Month (CPM) First things first, the report outlines that...