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Cardano News

Cardano is a blockchain-based smart contract platform that aims to compete against similar platforms such as Ethereum, Tezos, and EOS, among others, through a more modular, layered protocol that runs on a proof-of-stake consensus algorithm called Ouroboros.

Identifying itself as a third-generation blockchain and cryptocurrency system following Bitcoin and Ethereum, Cardano’s development is quite different from its competitors in that it is heavily informed by theoretical, peer-reviewed research before implementation in software.

Its native cryptocurrency, ADA, is named after Ada Lovelace, a 19th-century writer and mathematician who has been referred to as the world’s first computer programmer.

Cardano’s development is backed by three companies: IOHK, a blockchain R&D company founded by Charles Hoskinson and Jeremy Wood; the Cardano Foundation, a nonprofit dedicated to Cardano adoption and development; and Emurgo, a venture capital firm based in Japan.

Top News

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Weiss Crypto, the subsidiary of financial ratings firm Weiss Ratings, slammed Cardano’s partnership with Coinfirm, describing it as a “bad move all around.”

Charles Hoskinson responds to criticism over Cardano’s Coinfirm partnership

2021-08-27T06:36:49+01:00

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Market Analysis

Overly-confident Ethereum options traders are nervously watching the $3,200 level ahead of this week’s $800 million ETH options expiry.

Ethereum traders expect volatility ahead of Friday’s $820M options expiry

2021-08-25T22:30:00+01:00

36468

Coinfirm said it would be able to provide the same AML/CFT analytics for assets minted on Cardano, a number that may grow as the project prepares to expand to s...

Cardano Foundation partners with Coinfirm for FATF and 6AMLD compliance

2021-08-25T21:30:02+01:00

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Even with Wednesday's pullback, Bitcoin and most major altcoins are finding buyers on minor dips to underlying support levels, signaling that the trend remains ...

Price analysis 8/25: BTC, ETH, ADA, BNB, XRP, DOGE, DOT, SOL, UNI, BCH

Rakesh Upadhyay

2021-08-25T21:15:00+01:00

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The total number of Cardano wallets with a balance of at least $1 million has surged, from 3,625 on July 20 to 9,830 on Aug. 24.

Number of Cardano millionaires rises by 173% after ADA price hits new highs

2021-08-24T17:26:15+01:00

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The bearish outlook appears also as Cardano’s daily RSI reflects overbought sentiments. However, the euphoria surrounding Cardano’s smart contracts launch and i...

Cardano chalks a bearish wedge as ADA price soars by over 100% in Q3

2021-08-24T12:04:47+01:00

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Select altcoins are likely to move higher even as Bitcoin price takes a breather after hitting $50,000 for the first time in months.

Price analysis 8/23: BTC, ETH, ADA, BNB, XRP, DOGE, DOT, SOL, UNI, BCH

Rakesh Upadhyay

2021-08-23T20:28:08+01:00

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The ADA/USD exchange rate has moved further into its “overbought” area, suggesting that a trend correction might follow suit.

Cardano price eyes $3, but ADA chart fractal hints at a potential 40% correction

2021-08-23T11:53:43+01:00

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