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Tag: Cardano News

COTI Announces A Partnership Between Cardano’s Djed And Empowa
Blockchain, Cardano

COTI Announces A Partnership Between Cardano’s Djed And Empowa

The DAG-based Layer 1 protocol, COTI unveils a new partnership for the official stablecoin of Cardano, Djed, as Empowa, a RealFi Project built on the Cardano blockchain Partners With Djed in order to transfer funds to the African building partners https://twitter.com/COTInetwork/status/1576919715532111873 Djed Versus Empowa Per the post, Empowa, a RealFi blockchain project built on the Cardano network, is the latest firm to indicate interest in the stablecoin. It is worth noting that after Empowa’s partnership with COTI, the company will add Djed as a payment method to facilitate funds transfer to local building partners. Read Also: The Ripple's Usual Monthly Unlock Of 1 Billion XRP Tokens Did Not Happen In October, Could It Be That The Total 55 Billion XRP Locked Has Be...
The Third Blockchain Founders Hangout (BFH 3.0) To Hold In Abuja, Nigeria On 25th September 2022, It Aims At Helping Nigerian Entrepreneurs And Developers Gain Exposure To Cardano
Cardano

The Third Blockchain Founders Hangout (BFH 3.0) To Hold In Abuja, Nigeria On 25th September 2022, It Aims At Helping Nigerian Entrepreneurs And Developers Gain Exposure To Cardano

In a recent blog post, it was revealed that the third Blockchain Founders Hangout (BFH 3.0) will kick off in Abuja, Nigeria, on September 25th, 2022. BFH Was Once Launched In Lagos In Early 2022 By Adaverse The BFH 1.0 was launched previously in Lagos, Nigeria this year by Cardano accelerator, Adaverse in collaboration with EMURGO Africa to help connect and identify Young Africans developing the next wave of socially impactful solutions using Web 3.0 tools. Read Also: Shiba Eternity Team To Reward The Winning Contestant In The P2E Game With $5,000 In SHIB Over 200 Attendees In BFH Lagos Event Per the source, the event witnessed a huge gathering of over 200 attendees in Lagos which include Startup founders in Web 2.0 and Web 3.0, cryptocurrency proponents, blockchain evangel...
COTI, An Official Issuer Of Cardano’s Stablecoin Announces Another Partnership With Cogito Protocol
Cardano

COTI, An Official Issuer Of Cardano’s Stablecoin Announces Another Partnership With Cogito Protocol

COTI, the official Djed issuer, Cardano’s new stablecoin, has announced another collaboration for the algorithmic stablecoin, Djed. According to the medium post released today by COTI, Cogito Protocol is the latest firm to indicate interest in Cardano’s Djed. Read Also: Over 581 Million XRP Were Reshuffled By Ripple's Whales. “We are pleased to announce another Djed partnership, this time with Cogito Protocol, a spin-off from SingularityNET, a multichain, decentralized AI platform,” COTI said in an announcement. https://twitter.com/COTInetwork/status/1572210264191148032 Essence Of The Partnership As stated in the announcement, Cogito Protocol will explore the certainty of launching stablecoin trading pairs between Cardano’s Djed and its tracercoins, a new class o...
Cardano Becomes The New Development Leader As It 3% Ahead Of Ethereum In Terms Of Github Active Contributors
Cardano

Cardano Becomes The New Development Leader As It 3% Ahead Of Ethereum In Terms Of Github Active Contributors

In the recent tweet posted by Contora on the 12th of September, 2022, showed that it had revised its rankings for August, saying that Cardano had the highest development activity for the period. https://twitter.com/Contora_/status/1569415298155008002 Contora, a platform dedicated to tracking social and technology-related data on cryptocurrencies, stated:“Our team analyzed the development activity of 7,400 crypto projects in August and improved our algorithms. Cardano is a new leader!”  Per Contora, Cardano's developers reached out after its initial ranking that positioned Ethereum as first and Cardano was nowhere to be found in the first 20. Read Also: Magistrate Analisa Torres Approves Ripple's And SEC's Proposal To File Motions Under Seal, Ripple vs. SEC Lawsuit ...
Cardano Leads Grayscale  Smart Contract Platform Ex-Ethereum (GSCPxE) Fund.
Cardano

Cardano Leads Grayscale Smart Contract Platform Ex-Ethereum (GSCPxE) Fund.

According to the exposure provided by the Grayscale Smart Contract Platform Ex-Ethereum (GSCPxE) Fund, Cardano occupies the highest market share. It has consistently retained that position. Grayscale Investments in its quest to provide crypto exposures to clients has ventured into the crypto industry. Every Grayscale fund (GSCPxE ) makes provision for an unequal exposure of seven Smart contract assets for investors. Read Also: Ripple And SEC File A Joint Proposal TO Govern All Sealing Cases Regarding The Summary Judgement Motions, Sept 19th Is Slated For Major Revealing Cardano Leads Grayscale Smart Contract Platform Ex-Ethereum (GSCPxE) Fund Per the screenshot, the fund contains 4.3 ADA, contributing 29.88% of the entire value of the fund. This ratio is the highest o...
Vasil Node Candidate, Version 1.35.3 Nowe Produces 94% Of The Block And Four Different Exchanges Disclosed Their Readiness For Vasil
Cardano

Vasil Node Candidate, Version 1.35.3 Nowe Produces 94% Of The Block And Four Different Exchanges Disclosed Their Readiness For Vasil

According to the IOG’s official Twitter handle, four new exchanges have unveiled their readiness for the upcoming Vasil upgrade. 48 hours ago, exchanges like Gate.io, WhiteBit, BtcTurk, and OKx disclosed that they are fully ready for the Vasil upgrade. Read Also: A Whopping 260,000 ETH Worth $434.18 Million Was Moved To Binance Ahead Of Merge https://twitter.com/InputOutputHK/status/1567087267126169600 Also, IOG revealed that the Vasil candidate's node, version 1.35.3 has now produced 94% of blocks which shows that the no hindrance on the path of Vasil. .blockspare-8244cc8f-4e6a-4 .blockspare-block-container-wrapper{background-color:#f9f9f9;padding-top:20px;padding-right:0px;padding-bottom:20px;padding-left:0px;margin-top:30px;margin-right:0px;margin-bottom:30px;margin-le...
Cardano’s Total Value Locked Experiences A Positive Shift Ahead Of Vasil, ADAX Pro Spikes 2525% In The Last Seven Days
Cardano

Cardano’s Total Value Locked Experiences A Positive Shift Ahead Of Vasil, ADAX Pro Spikes 2525% In The Last Seven Days

The upcoming Cardano’s Vasil has been having a positive impact on the Cardano network as expected. As gotten in the recent tweet by Cardano Daily, Cardano’s Total Value Locked (TVL) experienced a shift in the positive direction ahead of Vasil. https://twitter.com/cardano_daily/status/1567136768754913285 Cardano Daily stated:“The TVL on Cardano showed positive growth in TVL after the Vasil hardfork, marking the return of money flow towards the ecosystem. Especially, addax proexperienced the most significant change in TVL: 2525%, contributing $627K TVL” The recent development is an indication that the Cardano ecosystem now attracts more investors. The upcoming Vasil hard fork has given them yet another reason to believe in the Cardano project.  As reported by Cryptolifedi...
Cardano’s ADA Becomes The First Among 3,870 Largest Crypto In Terms Of Social And Market Activities
Cardano

Cardano’s ADA Becomes The First Among 3,870 Largest Crypto In Terms Of Social And Market Activities

Recently, the Cardano has been doing brilliantly well ahead of the Vasil upgrade. According to the Lunarcrush Twitter handle, Cardano (ADA) is ranked number one among the top 3,870 largest crypto assets, Following a spike in its social and market activities.  Read Also: MEXC Global Becomes The First Lead Exchange To Support LUNC Tax Proposal And It Burns Over 25.4M In The Last 48 Hrs Lunarcrush stated:“Based on relative combined social + market activity, @Cardano has hit AltRank™ 1 out of the top 3870 coins across the market,” https://twitter.com/LunarCrush/status/1566338974830166016 Cardano's Market And Social Volume Experiences A Spike According to the Lunarcrush, ADA, Cardano’s native cryptocurrency is up by 5.89% to 0.04928 in the last 24 hours while its social v...
IOG In Collaboration With IOG Founder Announce The Date For Vasil’s Deployment Of Mainnet To Be September 22nd, 2022
Cardano

IOG In Collaboration With IOG Founder Announce The Date For Vasil’s Deployment Of Mainnet To Be September 22nd, 2022

Cardano’s Hoskinson has taken out time to reveal the precise date for the launching of the Vasil hard Fork on the mainnet. In a short video done by Charles Hoskinson on September 2nd 2022, where he unveiled that the Vasil hard fork combinator event will play out on the 22nd of September 2022. Read Also: Following The Ripple Unlocking 1 Billion XRP, Ripple Locked Back A Whopping 900 Million Crypto Asset https://twitter.com/IOHK_Charles/status/1565742403931508738 The IOG with the support of the founder has also confirmed the date of the Vasil upgrade in a series of tweets in support of the over 11 minutes video done by Cardano’s Hoskinson. https://twitter.com/InputOutputHK/status/1565736902204002312 “VASIL UPGRADE: DATE CONFIRMED. Following the successful completion &...
Exchanges To Support Vasil Update, 3 Are Ready And 27 Are In-Process
Cardano

Exchanges To Support Vasil Update, 3 Are Ready And 27 Are In-Process

The deployment of the Vasil upgrade will undoubtedly bring a positive change to the Cardano network as it was said that the upgrade will bring more scalability and security to the Cardano. Vasil hard fork has been deployed on the Cardano network and every project in the ecosystem fans their support on the upgrade. Read Also: Dogechain Got More Coverage As Houbi Global Lists It Various Platforms Shower Support On Cardano Ahead Of Merge Over time, the Cardano network has gotten support from various platforms such as Binance, Bitrue Huobi, Hotbit,HitBTC,Bitfinex,NDAX.io, LCX, Upbit, Kraken, and OKEx. Support from these exchanges will ensure that the fork is a success and that users can trade on the network without disruptions. According to the Cardano updates; “More excha...