A naukri.com initiative
Cardano News
Cryptoslate
1M
421
Image Credit: Cryptoslate
Cardano deploys first zero-knowledge smart contract, expanding blockchain capabilities
- The Cardano network has deployed its first zero-knowledge (ZK) smart contract on the mainnet.
- This milestone utilizes the Plutus v3 language and expands Cardano's capabilities.
- Halo2, the ZK smart contract, enables integration with zero-knowledge applications and partner chains.
- With its efficient proof generation and verification, Halo2 aims to enhance security and scalability.
Read Full Article
25 Likes
Bitcoinist
1M
311
Image Credit: Bitcoinist
Cardano Adoption Now Fastest Since June 2023: Start Of New Rally?
- On-chain data shows the adoption of Cardano is now happening at the fastest pace since June 2023.
- The metric of 'New Addresses' on the ADA network indicates a surge in new users creating wallets and participating in transactions.
- The influx of users is currently at the highest point since June 2023, which could be an optimistic sign for ADA's long-term growth.
- Cardano's price has experienced a retrace to $0.91 but still maintains a profit of around 24% for the past week.
Read Full Article
18 Likes
Crypto-News-Flash
1M
82
Image Credit: Crypto-News-Flash
Cardano Introduces Zero-Knowledge Tech to Its Smart Contract Ecosystem
- Cardano has introduced Zero-Knowledge (ZK) technology to its smart contract ecosystem.
- The launch of the first ZK transaction on the mainnet powered by Halo2 improves privacy and scalability.
- Halo2's low transaction fees and scalability position Cardano as a competitor to Ethereum in decentralized finance.
- Cardano's focus on innovation and growth persists despite market challenges.
Read Full Article
4 Likes
Bitcoinik
1M
265
Image Credit: Bitcoinik
Cardano ($ADA) founder shock! as BitcoinOS announces $BOS token without any plan
- BitcoinOS, a blockchain project, announces the launch of its $BOS token for paying fees for Bitcoin transactions on non-Bitcoin networks.
- The token aims to unite the industry around Bitcoin's liquidity, security, and network effects, promising better scaling, DeFi, and privacy.
- Some crypto enthusiasts criticize the move, considering it a scam and unnecessary given that Bitcoin can act as fuel for transactions.
- Cardano founder, Charles Hoskinson, expresses surprise and questions the need for a native token, as it was not communicated in their collaboration with BitcoinOS.
Read Full Article
15 Likes
Bitcoinist
1M
302
Image Credit: Bitcoinist
Hoskinson Unveils Next Step Over Cardano And XRP Omission In Wyoming
- Charles Hoskinson, the founder of Cardano, has publicly criticized the Wyoming Stable Token Commission’s recent blockchain network selections for the state’s upcoming stablecoin, the Wyoming Stable Token (WST).
- The selected blockchain networks for the initial deployment are: Solana, Avalanche, Stellar and Ethereum, inclusive of Layer 2 networks like Polygon, Arbitrum, Base, and Optimism.
- Cardano, with a market cap of $34 billion and a trading volume of $3.2 billion, was also excluded. Other notable exclusions include Algorand, Tezos, and Aptos.
- Hoskinson expressed bewilderment over the exclusion of prominent blockchain networks such as the XRP Ledger and Cardano from the selection.
- Hoskinson suggested that the selection process may have been influenced by former affiliations of key individuals within the commission.
- He argued that the process lacked transparency and did not provide an opportunity for excluded networks to demonstrate their capabilities.
- Hoskinson called upon the XRP community to join in addressing the issue. “XRP community, you know what to do, and we do too,” he urged.
- He emphasized the need for fair and transparent processes in government-led cryptocurrency initiatives.
- At press time, ADA traded at $0.9785.
Read Full Article
18 Likes
Crypto-News-Flash
1M
357
Image Credit: Crypto-News-Flash
Cardano Proposes Tech-Neutral Guidelines for Third-Party Risk
- Cardano has proposed tech-neutral guidelines for managing third-party risks.
- The current principles of the Bank for International Settlements (BIS) restrict the use of decentralized infrastructures like blockchain.
- Cardano advocates for technological neutrality and alternative risk management approaches to facilitate resilient frameworks.
- Decentralized infrastructures offer advantages such as resilience, transparency, and cost reduction.
Read Full Article
21 Likes
Cryptoslate
1M
421
Image Credit: Cryptoslate
Cardano’s Charles Hoskinson advocates for DeFi-enabled Bitcoin ecosystem
- Cardano founder Charles Hoskinson envisions an ecosystem of hybrid apps powered by DeFi-enabled Bitcoin.
- Hoskinson believes adding a DeFi layer to Bitcoin could restore its innovative edge.
- Cardano's Babel fee mechanism could facilitate the integration of DeFi with Bitcoin.
- Cardano's recent integration with Bitcoin through the BitcoinOS's Grail Bridge aims to address the infrastructure gaps for DeFi activities.
Read Full Article
25 Likes
Cryptoticker
1M
13
Image Credit: Cryptoticker
Cardano Price Prediction: Will ADA Hold the $1 Support Level?
- Cardano (ADA) is attempting to hold the critical $1 support level amidst increased volatility.
- Despite recent price swings, ADA has shown significant gains over the past month and year.
- Key support levels for ADA are $1.00, $0.95, and $0.90, while resistance levels are $1.05 and $1.20.
- On-chain metrics indicate growing user engagement, and bullish sentiment suggests ADA could rally further.
Read Full Article
Like
Crypto-News-Flash
1M
247
Image Credit: Crypto-News-Flash
Dogecoin Foundation Challenges Trump’s Crypto Tax Preferences
- Dogecoin Foundation challenges the policy rumored to eliminate capital gains taxes on US-issued cryptos.
- The foundation argues that ignoring coins backed by non-US-based companies would result in choosing network winners based on policy and preference, potentially leading to crony capitalism.
- Elimination of capital gains taxes could benefit Cardano (ADA), Solana (SOL), and Constellation (DAG) as investors may be driven towards these assets.
- The policy is aimed at pushing investors from traditional markets to crypto and could trigger a massive capital flow into tax-free crypto projects in the US.
Read Full Article
14 Likes
Cryptoticker
1M
50
Image Credit: Cryptoticker
Will Cardano (ADA) Price Explode?
- Cardano (ADA) is showing a crucial resistance level at $0.85 on its monthly chart.
- If this level turns into support, it could trigger a significant rally and generate excitement among investors.
- Cardano's recent price increase is driven by rising network activity, growing market interest, and a perception of undervaluation compared to competitors.
- Factors such as ongoing development in DeFi integration, robust smart contract capabilities, and strategic initiatives could sustain Cardano's upward trajectory.
Read Full Article
3 Likes
Zycrypto
1M
256
Image Credit: Zycrypto
Pundit Labels Cardano ‘Severely Undervalued’ as ADA Price Hits Two-Year High
- Cardano's ADA price hit a two-year high, surging past the $1 resistance level.
- ADA has gained nearly 220% in the past month, benefiting from the broader crypto-market resurgence.
- Prominent crypto analyst labels Cardano 'severely undervalued' despite reaching $1 milestone.
- Recent developments and growing institutional interest fuel optimistic outlook for further ADA price gains.
Read Full Article
15 Likes
Cryptoslate
1M
394
Image Credit: Cryptoslate
Cardano’s Charles Hoskinson vows legal action over Wyoming stablecoin snub
- Cardano founder Charles Hoskinson has threatened legal actions over the blockchain network’s omission from the Wyoming Stablecoin project.
- Wyoming is set to debut the U.S. dollar-backed stablecoin Wyoming Stable Token (WST) in the first quarter of 2025, but Cardano was excluded from the selected blockchains.
- Hoskinson argues that Cardano’s exclusion violated Wyoming’s good-faith procurement laws and is considering potential litigation and other strategies to challenge the decision.
- He expressed concerns that the selected blockchains might divert economic benefits away from Wyoming and harm the state's blockchain ecosystem.
Read Full Article
23 Likes
Crypto-News-Flash
1M
192
Image Credit: Crypto-News-Flash
Crypto Market Cools: XRP and DOGE Lead Declines After BTC Dips Below $100K
- The crypto market experienced a slight pullback on Sunday, causing a 2.4% decline in total market capitalization.
- Bitcoin (BTC) dropped to $95,500 from its almost $100,000 price point.
- Crypto-tracked futures witnessed a massive liquidation of $500 million in both longs and shorts.
- Analysts warn that any negative news could intensify the struggle to break above the $100,000 level for Bitcoin.
Read Full Article
11 Likes
Bitcoinist
1M
412
Image Credit: Bitcoinist
Cardano Founder Breaks His Silence On Wyoming Stablecoin
- Charles Hoskinson, founder of Cardano and CEO of Input Output Global (IOG), has expressed concerns over the Wyoming stablecoin project, citing procedural misconduct and unfair exclusion of Cardano blockchain.
- Hoskinson criticized the appointment of an executive director who favored the Ethereum ecosystem, going against the intent of the bill that aimed for a multi-chain stablecoin.
- He highlighted the opaque and exclusionary process of selecting blockchain platforms by the commission, leading to the exclusion of Cardano and numerous other platforms.
- IOG is exploring legal action and several Wyoming lawmakers are questioning the project's future. Hoskinson reiterated his commitment to Wyoming but stressed the importance of fair treatment and adherence to the rule of law.
Read Full Article
24 Likes
Newsbtc
1M
271
Image Credit: Newsbtc
Bullish Signs For Cardano: Expert Forecasts $6 Price Target As Buying Pressure Grows
- Cardano (ADA) has experienced a 108% increase over the past two weeks, reaching a 32-month high.
- Whales and institutional investors have strategically positioned themselves, with the volume of large transactions surpassing $22 billion daily.
- Crypto analyst Ali Martinez suggests Cardano's price could target $6, nearly doubling its all-time high.
- Other analysts predict ADA could reach $2.40 and potentially set a new all-time high, but caution about potential retracements in the near term.
Read Full Article
16 Likes
For uninterrupted reading, download the app