Tag: Cardano

Cardano and Ethereum Price Surge Alongside Bitcoin — Will XLM Follow?

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The price of Bitcoin (BTC) has been trading in a defined range over the past weeks as the halving hype has passed. Bitcoin’s price action also led to increased volatility in altcoins and some of the smaller altcoins have been showing impressive strength. So far, Theta Token (THETA) and Band Protocol (BAND) have been heavy movers. However, in the previous days, the larger cap altcoins have started to move up, with Cardano (ADA) and Ether (ETH) as the primary movers. As Bitcoin attempts to find a way back to $10,000,…

Cardano is Working on a Microchip That Would Give Crypto a Cash-like Experience

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In a recent Cointelegraph interview, Charles Hoskinson elaborated on the crypto-native chip that IOHK is working at its blockchain lab at the University of Wyoming that may lead to many groundbreaking use cases, including a cash-like experience for cryptocurrency. Crypto-native microchip It all began when IOHK, the company charged with the development of Cardano (ADA), began exploring supply chain use cases and realized that there were no chips on the market that could satisfy its requirements — embeddability, ability to store cryptographic keys, and being inexpensive to produce: “Really what…

Cardano Development Company to Join Hyperledger Project & W3C

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IOHK, the company charged with the development of Cardano (ADA) will be joining the Hyperledger Project and W3C. Cardano founder and CEO and co-founder of IOHK, Charles Hoskison, in a recent Cointelegraph interview, confirmed that the company will be joining the two organizations. Will help with bidding process Hoskinson believes that IOHK will benefit from their shared knowledge. He also feels that the partnership will give it an edge in the bidding process: “We would like to start consolidating some of our enterprise ledger ideas and bring it there, “A”, …

Why Cardano Founder Chose Wyoming Over the ‘Giant Egos’ at Harvard

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Cardano founder Charles Hoskinson has revealed why the University of Wyoming presented a more attractive choice than Harvard, MIT or Cornell for Input Output’s (IOHK’s) lab. IOHK, the company charged with the development of Cardano, donated $500,000 in ADA to the blockchain lab at the university earlier this year. The State of Wyoming is known for its progressive crypto legislation, which allowed former Wall Street executive Caitlin Long to establish the first crypto-native bank in the U.S.  Hoskinson noted that the university was, “the first state institution in the entire United…

Cardano (ADA) Climbs, But On-Chain Data Suggests Strong Resistance Is Ahead

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Cardano has been in the spotlight of the cryptocurrency market following the recent developments around its Shelley incentivized testnet. Last week, for instance, the team behind IOHK gathered a small group of operators to provide insights on how the Shelley mainnet would look like. Charles Hoskinson, the CEO of IOHK, said that from a “QA perspective,” the testnet has been “tremendously successful” thus far. The co-founder of Ethereum stated that the “pioneers” have been working through a series of exercises that have been essential for the firm to understand the…

Cardano, Cosmos and Tezos Beat Bitcoin and Ether in Latest Weiss Crypto Ratings

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In the latest figures released by financial rating agency Weiss Crypto Ratings this week, Cardano (ADA), Tezos (XTZ), Cosmos (ATOM) and Fantom (FTM) are the top coins by in the “technology” category, ranking above Bitcoin (BTC) and Ether (ETH).  Released weekly, the rating compares cryptocurrency coins in a number of categories including adoption, risk/reward and technology. The list currently rates 123 coins and tokens with the highest overall rank only hitting a B+. The risk/reward column does not give any coin a rank above D.  Rating system The Weiss Crypto…

Just Like Bitcoin Before It, Cardano is Banned from Wikipedia

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On March 24, Cardano (ADA) founder, Charles Hoskinson, streamed a YouTube video titled “On Wikipedia,” in which he berated Wikipedia for applying arbitrary commercial censorship against Cardano. Wikipedia’s censorship of Bitcoin may have led to Satoshi’s disappearance Censorship of cryptocurrency projects is as old as the industry itself. Back in 2010, even Satoshi Nakamoto was frustrated with Wikipedia’s editors for removing Bitcoin’s wiki entry several times.  After PayPal severed ties with WikiLeaks, one of Bitcoin’s supporters suggested that becoming the site’s new source of donations would generate enough publicity to…

Cardano Chief Compares US Dollar to OneCoin Scam as Fed Keeps Printing

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Crypto-Twitter has reacted with horror to the news that the United States Federal Reserve has been given a mandate to print as much new money as it needs to in order to avert a deeper financial crisis due to the coronavirus pandemic. Charles Hoskinson, CEO of Cardano developer, IOHK, even tweeted on March 23 that he was, “getting a real OneCoin vibe,” from the U.S. Dollar. Congress tells Fed to just print more money President of the Federal Reserve Bank of Minneapolis Neel Kashkari referred to there being “an infinite…

Cardano Foundation Is Sued by Former Research Partner

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Earlier today, March 16, Cardano Foundation made an announcement on its website disclosing that Z/Yen Group Limited (UK) has initiated legal proceedings against it. Z/Yen Group — Former Research Partner Z/Yen Group Limited is a fintech think tank and a former research partner of the Foundation. Back in 2018, the two co-authored a report entitled “The Quantum Countdown: Quantum Computing and the Future of Distributed Ledger Encryption.”  Interestingly, Cardano founder, Charles Hoskinson, in a YouTube Ask Me Anything live stream from March 15, mentioned that his company is doing research…

Cardano to Roll Out Commercial Infrastructure, Denies Coronavirus Delay

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Proof-of-stake (PoS) blockchain Cardano (ADA) is working on implementing commercial infrastructure. The coin’s officials have reassured the public that development is on schedule. During a March 13 YouTube livestream, Charles Hoskinson — the CEO of IOHK, the firm behind Cardano — said that official updates about the coin’s critical commercial infrastructure should be expected in the coming months, but reassured that things are proceeding as expected. Hoskinson explained that the people involved in the coin’s development are starting to set aside funding for dedicated commercial infrastructure, which he explained as…