Cardano

The cryptocurrency landscape is constantly evolving. Two major players in the smart contract space, Ethereum and Cardano, compete for dominance. Cardano recently surged, jumping 62% in a single day and rising 48% over the past week. Meanwhile, Ethereum, the long-established leader in decentralized applications, dropped 11% over the past seven days despite minor recoveries. With […]

To address persistent concerns and misconceptions circulating within the Cardano community, Cardano founder Charles Hoskinson took to X (formerly Twitter) to tackle the ongoing FUD around its partner firm, World Mobile, whose ties go back to April 2021. In a recent X post, Hoskinson stressed the importance of this partnership, specifically calling for a flexible […]

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 […]

The trueUSD (TUSD) stablecoin, which is supposed to be pegged to the US dollar, has dropped below $1 and is currently trading at $0.988, according to CoinDesk Indices data. The de-pegging by TUSD marks the second time in two months as it fell to a low of $0.9957 in June 2023. Moreover, Reasons behind the […]

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 […]