Cardano (ADA)

Cardano, a leading cryptocurrency by market capitalization, achieved a historic milestone with the launch of USDM, the first fiat-backed stablecoin on its network. According to the tweet,  USDM, issued by Mehen Finance, is a digital token that maintains a 1:1 peg to the U.S. dollar. #CardanoCommunity,$USDM IS HERE! policyID – c48cbb3d5e57ed56e276bc45f99ab39abe94e6cd7ac39fb402da47ad assetName – 0014df105553444d pic.twitter.com/gnkh4NikDS […]

Cardano (ADA) has become a leader in the smart contract platform, leaving behind other competitors such as Polkadot (DOT) and Kusama (KSM). According to Santiment, now it has emerged foremost across the crypto space. In Santiment’s ranking, Cardano was first with the highest developer engagement, which makes it more desirable than others with its strong […]

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 Network (@spectrumxnet) […]