Cardano (ADA) has emerged as a beacon of hope in the volatile realm of cryptocurrencies. Despite the market’s instability, Cardano has displayed promising performance. ADA’s price has remained stable recently, lingering around the support zone. However, a recent surge has seen ADA striving to breach the $0.26 resistance level, though it has been trading beneath […]
David Schwartz, the chief technology officer at Ripple, has responded to the Cardano founder and IOG CEO Charles Hoskinson’s comments about possible reasons behind the United States regulators’ determination that Ethereum (ETH) is not a security. During an ‘Ask Me Anything’ session on October 8, Hoskinson (one of the eight former Ethereum founders) voiced his […]
In a recent revelation, stake_pool has forecasted an imminent explosion in the Decentralized Finance (DeFi) sector on the Cardano blockchain. Currently, the total value locked (TVL) in the DeFi ecosystem stands at a significant 600M ADA. It includes approximately 300M ADA and an equivalent amount of tokens available for borrowing, trading, and use as collateral. 1/7 […]
Cardano, the blockchain platform led by Charles Hoskinson, has made significant progress in developing and implementing rollups. These Layer 2 scaling solutions offer a promising way to enhance the network’s performance and efficiency. Charles Hoskinson, the CEO of Input Output Global (IOG) and the mastermind behind Cardano, recently shared some intriguing updates about the network’s […]
Spectrum Finance recently introduced various functionalities, including Spectrum Finance Ergo AMM and Spectrum Finance Cardano AMM. These sets of smart contracts implement the Uniswap v2-like automated market maker (AMM) protocol on top of Ergo Layer 1 and Cardano Layer 1 blockchains. We go live on #Cardano on 24th Jul 2023. pic.twitter.com/IYIIjAV82W — Spectrum Finance (@SpectrumLabs_) […]