Tagged: cardano

Coinshares Reports Solid Start for Bitcoin (BTC), Ethereum (ETH), Other Digital Assets with Steady Inflows

Coinshares (Nasdaq Stockholm: CS; US OTCQX: CNSRF)  is reporting a solid start for digital assets as we prepare for 2024, with $151 million in total inflows. According to the CoinShares latest weekly update, digital asset investment products saw considerable inflows during the first week of… Read More

Blockchain Adoption: Cardano (ADA) Developers Seek Feedback Regarding Progress Toward Intoducing CIP-1694

The Cardano (ADA) community can voice their opinion on the progress toward rolling out CIP-1694 in a Cardano Ballot planned for December 1, 2023. The feedback received is described as a sort of a “temperature check” on “the progress thus far and will inform the… Read More

Xapo Bank Adds 3 Cryptos to App

Xapo Bank, a fully licensed bank that combines traditional banking with access to Bitcoin, stablecoins, and altcoins, recently announced it is launching three more cryptocurrencies that members can buy, sell, and hold on the Xapo Bank app — Ethereum (ETH), Cardano (ADA), and Polygon (MATIC)…. Read More

Blockchain Adoption: IOG Founder Charles Hoskinson Outlines New Framework for Cardano Devs, Validators

IOG founder & CEO Charles Hoskinson recently outlined a new framework that will offer new ways for developers and validators to utilize Cardano’s core strengths – and some new Cardano technologies in order “to build their own optimized partner chains.” Partner chains will aim to… Read More

DLT Adoption: Built on Cardano, Mithril Prioritizes Security While Improving Chain Synchronization

Built on Cardano, Mithril prioritizes security while “aiming to enhance the efficiency of chain synchronization and state bootstrapping.” As noted in a blog post by IOG, security is of the utmost importance in “any cryptographic protocol for safeguarding the integrity, confidentiality, and authenticity of transactions… Read More

Before Coinbase Lawsuit, SEC Reportedly Requested the Crypto Exchange to Only Support Bitcoin (BTC) Trading

The US Securities and Exchange Commission (SEC) had reportedly requested Coinbase (NASDAQ:COIN) to halt trading in all virtual currencies with the exception of Bitcoin (BTC) prior to filing a lawsuit against the crypto exchange in June of this year, the Financial Times revealed on Monday… Read More

Cardano (ADA) Blockchain Network to Support Wider Range of Apps, Use-Cases Following Mithril Mainnet Release

Mithril is nearing its mainnet release. Currently in its final testing stages, Mithril is preparing “for a mainnet launch.” As noted in a blog post, Mithril is a stake-based signature scheme and “a protocol that improves the speed and efficiency of nodes’ syncing times.” Mithril… Read More

Revolut to Stop Supporting Crypto Trading with Solana (SOL), Cardano (ADA), Polygon (MATIC)

Digital bank Revolut will stop offering Solana (SOL), Cardano (ADA), Polygon (MATIC) tokens to US clients. Revolut has reportedly cited Bakkt’s recent decision to delist the digital tokens, as they’re considered to be unregistered securities by the US Securities and Exchange Commission (SEC). The UK-based… Read More

Digital Assets: Bakkt Delists Solana (SOL), Polygon (MATIC), Cardano (ADA) Due to Lack of Regulatory Clarity in the US

Only a couple months after finalizing a $155M acquisition of Apex Crypto, an established trading infrastructure provider, the New York–headquartered crypto-assets platform Bakkt Holdings, Inc. (NYSE: BKKT) is delisting three major digital currencies: Solana (SOL), Polygon (MATIC), and Cardano (ADA). Marc D’Annunzio, Bakkt General Counsel… Read More

IOG Responds to Recent SEC Filings: Under “No Circumstances” Is Cardano (ADA) A Security

Last week, IOG (which stands for Input Output Global – one of the organizations supporting Cardano (ADA) development) noted that they are aware of the recent complaints by the US Securities and Exchange Commission (SEC) against Binance & Coinbase, which “contain references to the organization, the… Read More

Public Digital Infrastructure: Cardano Foundation Releases Report on ADA, Blockchain Ecosystem Developments

The Cardano Foundation, an “independent,” Swiss-based non-profit organization tasked with advancing the public digital infrastructure Cardano, launched its inaugural Annual Report today. From technical infrastructure support to spreading knowledge or establishing targeted partnerships and collaborations, the report highlights the Foundation’s work “across its three core… Read More

Cardano Builder IOG Welcomes Ex- Symphony Exec as CEO of Midnight Blockchain Initiative

Input Output Global, Inc. (IOG), a software research & development company, and one of the builders behind sustainable blockchain platform Cardano, has appointed Eran Barak as CEO of Midnight, “its new data-protection focused protocol.” Barak has previously “held senior roles in the financial services industry.”… Read More

Cardano Foundation CEO Comments on 2022 Developments, Shares 2023 Predictions

Cardano Foundation, the Swiss non-profit that promotes the growth of the Cardano protocol and contributes to the advancement and development of blockchain technology, has shared key updates and insights with Crowdfund Insider. Frederik Gregaard, the CEO of the Foundation, has commented on his thoughts about… Read More

Blockchain Intelligence Group Adds Cardano, Stacks Blockchain Support

Blockchain Intelligence Group, a key player focused on blockchain investigations, owned by BIGG Digital Assets, Inc. (CSE: BIGG), announced the availability of the Cardano and Stacks blockchains on its platform, which “provides crypto firms, law enforcement, banks and government intelligence and security for cryptocurrency transactions.”… Read More

Bank of England Raises Rates by 50 bps, Biggest Hike in 33 Years

The Bank of England has raised interest rates by 50 basis points – the biggest leap in many years. The move by the BoE follows the US Federal Reserve’s anticipated 75 bps rate increase. The Bank of England said it maintains resolve to fight inflation… Read More

Cardano’s (ADA) Upcoming Vasil Hard Fork Expected to Improve Scalability


Vasil is an enhancement of the Cardano platform, “improving scalability and lowering transaction costs” It improves on the Plutus smart contract platform, “allowing developers to deploy more complex smart contracts,” according to an update shared by Poloniex. It is “scheduled to ship on September 22nd,… Read More

Crypto Market Report: ETH Surged 57.1% MoM while BTC Rose 16.9% in Same Period

The cryptocurrency and blockchain industry faced headwinds in recent months as May’s collapse of the Terra ecosystem took its toll on many other market participants. In June and July of this year, major crypto lending platforms (including Celsius, BlockFi, Voyager and Vauld) took drastic measures… Read More

Sygnum Bank Expands “Bank-Grade” Staking with Cardano (ADA)

Sygnum Bank announces that it has expanded its bank-grade staking offering with Cardano (ADA), the eighth-largest protocol by market cap (at the time of writing). Clients can “conveniently and securely stake Cardano through Sygnum’s institutional-grade banking platform to generate staking rewards.” Cardano (ADA) joins Sygnum’s… Read More

Bitcoin (BTC), Other Digital Assets Slumped as US Inflation Reaches 40-Yr Highs: Report

Prices of digital assets crashed in early May 2020, when Bitcoin (BTC) fell almost 32% from $39,500 to $27,000 within only a week. The team at Kraken asks, “Could this be the beginning of a long crypto winter?” Or do the on-chain metrics “tell a… Read More

DeFiYield Onboards Cardano DeFi Protocols to Yield Farming Dashboard

DeFiYield.app, a cross-chain decentralized security network and multi-chain digital asset management platform, announced that it has added Cardano-based DeFi protocols SundaeSwap and Minswap to its platform – “making it the first ever yield farming dashboard to integrate with the Cardano blockchain.” The new offering will… Read More

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