Cardano Partners With Blockchain Venture Studio to Accelerate Adoption

The Cardano Foundation has partnered with Berlin blockchain venture studio Konfidio to accelerate Cardano adoption. A strategic partnership An announcement published by the Cardano Foundation on Aug. 15 reveals that the foundation has partnered with Konfidio. The partnership will aim to enable real-world business cases on the Cardano blockchain. Per the announcement, the initial focus of the collaboration will be on use cases in banking, logistics, pharmaceutical industries and trade finance, with government and public service use cases to follow. Chairperson of the Cardano Foundation, Nathan Kaiser, pointed out that…

IOHK CEO Charles Hoskinson Announces Upcoming Release of Cardano v1.6

Charles Hoskinson, a former CEO of the Ethereum Network and current CEO of IOHK, has announced that IOHK-supported project Cardano is rolling out version 1.6 within a few days’ time. Hoskinson teased the upcoming launch in a Twitter post on Aug. 13. Hoskinson also asked users to send screenshots and comments on the latest version of Daedalus, which is an open source cryptocurrency wallet also backed by IOHK. As per IOHK’s website, Cardano is a blockchain platform that uses the proof of stake algorithm Ouroboros. Its native cryptocurrency, ADA, is…

Cardano Founder Charles Hoskinson Announces Upcoming Release of v1.6

Charles Hoskinson, a co-founder of the Ethereum Network and current CEO of IOHK, has announced that IOHK-created project Cardano is rolling out version 1.6 within a few days’ time. Hoskinson teased the upcoming launch in a Twitter post on Aug. 13. Hoskinson also asked users to send screenshots and comments on the latest version of Daedalus, which is an open source cryptocurrency wallet also backed by IOHK. As per IOHK’s website, Cardano is a blockchain platform that uses the proof of stake algorithm Ouroboros. Its native cryptocurrency, ADA, is based…

Cardano Could Skyrocket Against a Weakening Bitcoin

If you’ve been watching the cryptocurrency markets closely, you would see that a new paradigm is emerging. Bitcoin is losing steam. At the same time, other crypto tokens are bottoming out. One coin that has caught our eye is Cardano. Cardano is one of the most fundamentally sound cryptocurrencies. That’s why it doesn’t make sense that the cryptocurrency (ADA/BTC) dropped to as low as 0.00000524 on July 16. At that point, the crypto token lost over 94 percent from the all-time high of 0.00008788. Nevertheless, the cryptocurrency dubbed by some…

Cardano (ADA) Sellers of 2018 Flow Back, Prices Sink 32.7%

Cardano (ADA) sheds 32.7 percent week-to-date Emurgo releases Yoroi update There’s a new Yoroi wallet update introducing further improvements like the hide balance option. However, that is not enough to support ADA as prices are down 32.7 percent. Cardano Price Analysis Fundamentals Research and peer-reviewing of code underpin Cardano. Promising to dislodge Ethereum as the king of smart contracting, the Cardano development team is after perfecting their system. Delaying in phase transition, their leaning on quality and satisfactory experimentation is top priority. Presently, Shelly test net is live. While developers…

Cardano Plans To Boost Liquidity As ADA Bears Strike

Cardano (ADA) down 17.7 percent week-to-date.  AlgoZ and Cardano partner for liquidity Charles Hoskinson’s Cardano is distinct because of their insistence on quality and research. Therefore, despite recent sell-off, their deal with AlgoZ could attract institutional backing. Meanwhile, ADA is down 17.7 percent week-to-date. Cardano Price Analysis Fundamentals That Cardano has potential as a top-tier digital asset and smart contracting platform is true. Boasting high trading volumes and managing to compete with the likes of Ethereum and Tron in the liquidity leaderboard, ADA is proving that it deserves to be…

ADA Indecision, Down 4.8% As Confidence in Cardano Increase

Cardano (ADA) slides 4.8 percent Weiss Ratings endorsement is bullish For fronting quality and research, Weiss Ratings is confident of Cardano. On several occasions, the rating firm has expressed their optimism of ADA future and Cardano’s path towards becoming a leading dApp platform. Presently, ADA is down 4.8 percent. Cardano Price Analysis Fundamentals Behind Cardano and Charles Hoskinson is the desire to stay on top of things and promote quality. It is perhaps one of the few crypto projects that will audit dApps before rolling them out to the public.…

Cardano Founder Responds To Critics, ADA On The Chopping Board

Cardano (ADA) crumbling, down 18.7 percent Facebook gives nothing in return says, Charles Hoskinson Charles Hoskinson, the co-founder of Cardano, is often brazen. After forcing changes in the Cardano Foundation, he now says Facebook enslaves and gives nothing in return. Presently, ADA is down 18.7 percent week-to-date. Cardano Price Analysis Fundamentals Online commentators believe that Facebook is a primer, readying crypto assets to new highs. With a broad user base of over 1.7 billion spread across the globe, Facebook’s stablecoin in Libra will indeed shed light on what crypto and…

Charles Hoskinson Thinks Cardano Will Prevail Over Libra in Emerging Markets

Cardano founder Charles Hoskinson claimed that emerging markets are where cryptocurrencies matter, and that Facebook’s announced virtual currency Libra is not going to find success in this area, according to a report by Finance Magnates on June 26. According to Hoskinson, emerging markets are the future. He says: “Emerging markets are where cryptocurrencies matter […] When I look at the developed world, I don’t care. It’s highly regulated and, in many cases, a rigged system. If I decide to compete with a tech company they can just push me out…

Singaporean Exchange Bitrue Gets Hacked, Losing $5 Million in XRP, Cardano

Singapore-based crypto exchange Bitrue has suffered a major hack, losing 9.3 million XRP and 2.5 million cardano (ADA) from its hot wallet. The news was revealed in an official statement from the exchange published as a twitter thread on June 26. At the time of the breach — 1 a.m. GMT+8 June 27 — the stolen funds would have been worth over $4.5 million in XRP (valued at $0.488) and $237,500 in ADA (valued at $0.095), according to CoinMarketCap data. The exchange states that a purportedly single hacker first “exploited…