Hoskinson Moves Away From Bitcoin Reserve, Proposes Cardano-Native Treasury Instead
TL;DR Charles Hoskinson has scrapped the idea of a Bitcoin-backed reserve and is now touting a treasury built solely on Cardano’s native tokens. The new proposal
Cardano (Latest Publications)
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 Calls Bitcoin DeFi Cardano’s Best Growth Path—But Sees Leadership Void
TL;DR Charles Hoskinson believes Bitcoin DeFi is the most significant growth opportunity for Cardano, highlighting innovations like Leios, Hydra, and Midnight. However, he warns that Cardano
Cardano Presents New Tool to Find Hidden Smart Contract Bugs Before They Break the Blockchain
TL;DR Cardano launched Plinth, a tool that automates smart contract testing to detect bugs in atypical scenarios. The tool uses property-based testing and integrates into the
Coinbase Completes Wrapped Token Expansion on Base with cbADA and cbLTC
TL;DR Coinbase launches cbADA and cbLTC on its Base L2, bringing Cardano and Litecoin into Ethereum-compatible DeFi without selling native tokens. Each wrapped token is minted/burned
Cardano’s Iagon Partners with Ford to Prototype Decentralized Cloud for Legal Docs
TL;DR Innovative Collaboration: Cardano-based Iagon teams up with Cloud Court and Ford to prototype a decentralized cloud system aimed at modernizing storage for sensitive legal documents.
TECHNICAL ANALYSIS OF CARDANO ($ADA) PRICE: DOUBLE BOTTOM, STRONG FUNDAMENTALS, BUT A SUPPORT BREAK AHEAD?
ADA’s current price ($0.6218) is once again hovering near the critical support level of $0.6166 after a 28% drop from the $0.8643 peak recorded in May.
Hyperliquid (HYPE) Soars 8% and Hits New All-Time High
TL;DR Hyperliquid jumped 8% on the day, hitting a new all-time high of $45.59 and locking in a 385% gain in Q2. USDC inflows into Hyperliquid
Cardano to Embrace Ripple Assets? Hoskinson Confirms XRP Integration Plans
TL;DR Ripple Asset Integration: Cardano founder Charles Hoskinson announced plans to integrate a full suite of Ripple assets into the Cardano ecosystem, signaling a major step
Cardano’s New Protocol Cardinal Brings Non-Custodial BTC to Its DeFi Space
TL;DR Cardano introduced Cardinal, a protocol that allows Bitcoin to be used in DeFi without centralized custody services or tokenized versions. Cardinal uses MuSig2 to securely
Hoskinson on Ripple’s Potential Circle Acquisition: Not a Threat, But a Boost
TL;DR Charles Hoskinson backed Ripple’s potential acquisition of Circle and accused Coinbase, A16Z, and Circle of controlling market listings and liquidity. Cardano is negotiating the integration
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