Tag: Cardano

IOHK and MELD join forces to address the Cardano transaction Problem

Input Output Hong Kong (IOHK), a blockchain research and development business, has partnered with MELD, a DeFi protocol based on the Cardano blockchain.  The goal of this collaboration is to fix a problem that is hurting Cardano transaction processing on the preprod testnet. In a tweet, IOHK expressed gratitude to MELD for bringing the issue to their notice and indicated it is working closely with the MELD team to solve the problem. MELD discovered the vulnerability after a comprehensive security examination of its lending and borrowing protocol on the blockchain, which led…

Cardano delays due to betting on wrong tech, ambitious roadmap

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Charles Hoskinson, the co-founder of Ethereum and founder of Cardano, joins Elisha Owusu Akyaw on episode 14 of Cointelegraph’s Hashing It Out podcast to discuss the current state of crypto and take a deep dive into Cardano. Hoskinson gives his perspective on the recent happenings in the industry,  crypto adoption in Africa and more. He also addresses issues surrounding Cardano, including delayed updates.  The show begins with Hoskinson’s explanation of why there was a need to create Cardano. Hoskinson explains that even though creating a new network involves rebuilding the network effect,…

Cardano Blockchain Seeks to Become Largest EVM Chain with This Innovation

Milkomeda is working on a new feature that would allow Cardano users to use any EVM contract directly from any Cardano wallet. The Cardano blockchain has been recently working its way to becoming the top EVM chain in the crypto space. Milkomeda co-founder Sebastien Guillemot recently announced that the development can happen as early as next month. This is because Milkomeda is introducing a new feature that would allow Cardano users to use any EVM contract directly from any Cardano wallet, and all within ADA. Thus, developer Guillemot added that…

Symphony COO Joins IOG CEO Cardano Blockchain Project

Input Output Global (IOG) is a software research and development company that played an imperative role in developing the blockchain platform Cardano. In its recent announcement, the company appointed Eran Barak as the CEO of its latest data-protection protocol, Midnight. This new protocol is set to offer new features that mainly comprise advanced security features to improve the privacy and protection of users’ data on the Cardano network. This recent move from IOG is targeted to strengthen its position in the blockchain industry by meeting the growing demand for data…

Why is Cardano price up today?

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Cardano (ADA) rallied to its best price level in a month as cryptocurrency investors prepared for the Federal Reserve’s looming interest rate decision. Fed boosts appetite for cryptos like ADA On March 22, ADA’s price surged by as much as 4.58% to $0.388, its highest level since Feb. 24. This bucked the trend as the total crypto market capitalization underperformed the Cardano token, dropping 0.4% on the same day.  ADA/USD versus crypto market cap daily performance chart. Source: TradingView  All eyes are on the Fed meeting on March 22 as chairman…

Cardano Blockchain Releases Update to Enhance Network Communication

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Investors confident in avalanche, DigiToads, and cardano in 2023 despite recent losses

The cryptocurrency industry is no stranger to the bull market, which describes the upswing in crypto asset prices. With the potential for gains, many investors are constantly looking for the next initiators of a bull run.  DigiToads (TOADS), avalanche (AVAX), and cardano (ADA) are three cryptocurrencies that have the potential to rejuvenate the crypto market this year despite losses in early March. Recently we have seen a surge in interest in these projects, setting investors’ and analysts’ hopes high. DigiToads (TOADS) DigiToads is a play-to-earn cryptocurrency that enables users to…