Cardano is a decentralized blockchain platform and cryptocurrency created in 2017. Its native cryptocurrency, ADA, is used for transactions and as a store of value.
Cardano aims to offer a more secure and sustainable blockchain ecosystem through its use of a proof-of-stake consensus algorithm, which requires less energy than traditional proof-of-work algorithms.
Cardano’s development is driven by a scientific approach, with a focus on academic research and peer-reviewed papers. Its goal is to create a scalable and interoperable blockchain that can support a wide range of decentralized applications and use cases.
Cardano’s team has also created a unique governance model that allows stakeholders to vote on proposed changes to the network, ensuring a more democratic and decentralized decision-making process.
Charles Hoskinson, founder of Cardano, recently shared a message that has excited ADA holders about the direction of the ecosystem. According to Hoskinson, the network is
TL;DR Retail sentiment around Cardano has sunk to a five-month low, despite ADA showing signs of stability around $0.8280. Meanwhile, whales are accumulating at discounted levels,
TL;DR Charles Hoskinson called for the shutdown of the Cardano Foundation after accusations of a $600 million ADA misappropriation, though an independent audit cleared him. The
TL;DR Cardano founder Charles Hoskinson confirmed ongoing discussions with WLFI’s USD1 stablecoin and Chainlink to enhance ADA network functionality. USD1, with a $2.68 billion market cap,
TL;DR Milestone: Eternl wallet secures first Cardano treasury payment of 5,830 ADA after community-approved proposal, marking the start of direct, on-chain project funding. Upgrades: Treasury allocation
TL;DR Price Reversal: Cardano fell nearly 8% in 24 hours to $0.85 after briefly hitting $1, as profit-taking and market uncertainty erased recent gains. Adoption Gap:
TL;DR Cardano (ADA) has surged 10.43% in the last 24 hours to $0.9696, marking a five-month high and outpacing Bitcoin and Ethereum in daily gains. Trading
TL;DR Cardano and Hedera trusts filed: Grayscale formed general statutory trusts in Delaware for ADA and HBAR, a step that has often preceded S-1 submissions. Regulatory
TL;DR Holder trend: Long-term ADA wallets have accumulated since 2021, with coins aging four years or more and minimal profit taking, while July’s reclaim of $0.80
TL;DR Cardano has officially approved a $71 million funding proposal (96 million ADA) to support its core development roadmap, with 74% of voters backing the initiative.
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