Cardano’s Entry Into The SandBox Game Signals a New Era for NFTs
Cardano’s Clay Nation NFT will integrate into The Sandbox Game. NFT sales volume on Cardano in the last 30 days has been behind that of Ethereum and Polygon.
Cardano [ADA]: This Metric Could Bring About a Change in Fortune
Though the Valentine upgrade was rolled out with much optimism, Cardano [ADA] has failed to capitalize on the opportunity. According to CoinMarketCap, ADA dropped significantly over the previous week, plunging 13%, at the time of writing.
Cardano Founder Hoskinson Says He Can’t Confirm or Deny CNN Buyout
Ross Calvin asserted that Charles Hoskinson was initiating a joint venture to explore the possibility of acquiring CNN.
COTI Treasury Receives 2nd Batch of Djed Fees, APY Adjusted to 74.4%
COTI, the blockchain-based payment platform in charge of the Cardano stablecoin Djed, announced today that it had sent the second batch of Djed’s operational fees to the COTI Treasury to distribute among users as staking rewards. Accordingly, the maximum APY for staked tokens has been adjusted to 74.4%.
SingularityNET Cardano Staking Portal Beta Launch Data Announced
SingularityNET Cardano Staking Portal: Amidst the wave around artificial intelligence linked cryptocurrencies, SingularityNET ($AGIX) is set to spread its wings in terms of adoption in the crypto ecosystem. In line with the plans for this quarter, the SingularityNET Cardano staking portal is scheduled to go live for beta testing in March 2023, the developers announced. The launch of community beta testing is within schedule as per plans of going live in first quarter of 2023. Hence, the AI token, with increased adoption with the Cardano staking, is likely to gain further interest in the crypto market.
EMURGO Launches Cardano Spot Social Network
Blockchain company EMURGO has announced the beta launch of Cardano Spot – a social network for enthusiasts to discuss the ecosystem.
Coin Bureau Founder: Cardano ($ADA) Has ‘A Bright Future’
Last week, Guy Turner, founder and host of the highly popular crypto market commentary show Coin Bureau, explained why he is bullish on Cardano ($ADA).
Cardano-Based Djed Stablecoin Attracts Over 30M ADA in the First Week Since Launch
Roughly over a week since launch, the Cardano-based over-collateralized stablecoin Djed has attracted over 30 million ADA tokens as backing.
Cardano Founder Addresses Concerns About Contingent Staking
The Cardano CEO reintroduced the idea of contingent staking two days ago. One of the reasons for the criticism is that the idea touched on improving contractual agreements within the blockchain. More importantly, it addresses operations within a regulatory environment.
Cardano Foundation Expends Team, Appoints New COO and CLO
The move is meant to support the organization’s mission to bolster Cardano adoption.
COTI Adds Multi-Wallet Support For Cardano Stablecoin
DJED is now available on Flint and other top crypto wallets.
Cardano Shows Bearishness in Short-Term, but Reversal Was Possible at…
Cardano released the weekly development update on 10 February. It highlighted some notable statistics but did not shore up buyer confidence in the short term. Instead, the price retested $0.37 as resistance before another move downward.
Cardano Founder C.Hoskinson Proposes Contingent Staking To Meet Regulatory Needs
As the crypto space comes to terms with the renewed regulatory scrutiny around staking activities, Cardano (ADA) founder Charles Hoskinson has shared a model that could align with legal requirements.
SOL, ADA Plunge, as Market Momentum Turns Bearish
Solana slipped to a three-week low on Feb.10, as momentum in cryptocurrency markets remained firmly bearish. At the time of writing this, the global market cap is trading 4.23% lower, with bears recapturing sentiment. Cardano was also on the decline, falling by as much as 8% today.
Cardano Upgrade Aims to Improve Cross-Chain Features as On-Chain DeFi Crosses $100M TVL
An upcoming upgrade on Cardano will make enhancements to cross-chain functionality for decentralized finance applications (dapps) building on the network, developers tweeted Thursday.
On-chain Activity Shows Cardano Ready For 30% Plus Bullish Move
Cardano (ADA) is seeing a massive uptick in whale activity, as whale transactions worth $100K+ have drastically increased since January 30, with up to 36 more addresses holding between 1 million and 100 million tokens added to the network since the beginning of this year.
Cardano Launches EVM-Compatible Sidechain Public Testnet
Input Output Global (IOG), the organization behind the Cardano blockchain, has launched the public testnet of its proof-of-concept Ethereum virtual machine (EVM)-compatible sidechain.
Cardano’s Charles Hoskinson Trolls Solana’s ‘Grizzlython’
Cardano founder Charles Hoskinson has reacted to Solana’s latest hackathon, dubbed ‘Grizzlython,’ apparently deriding the idea. In a tweet today, the Cardano founder reacted to the promotional video, questioning the event’s name with a Mike Tyson GIF. It is worth noting that there is no love lost between the Cardano and Solana communities. It is a feud primarily sparked by Solana’s co-founder Anatoly Yakovenko deriding Cardano developers for being too careful in a video that made the rounds on Twitter last June. Notably, Yakovenko predicted that Cardano’s dedication to correctness would prevent them from delivering on their promises. (thecryptobasic)
ADA Coin Sees Sudden Interest from Crypto Whales; Time To Buy?
In 2023, Cardano (ADA) token is gradually staging a rebound as it has reclaimed about a third of its lost value. Interestingly, ADA is among one the most purchased assets by crypto whales this year. WhaleStats, the Crypto data tracker, reported that Cardano has flipped Ethereum’s ETH for the most traded token among the top 500 BNB Chain whales.
Cardano DeFi TVL Rises More Than 100% In One Month
DeFi protocols in Cardano, a proof-of-stake smart contracting platform, have locked over $100 million in user assets as of February 7.
