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Tag: Cardano

CoinLedger Launches An Automatic Tax Reporting For Cardano To Ease The Calculating Of Their Tax Liabilities
Cardano

CoinLedger Launches An Automatic Tax Reporting For Cardano To Ease The Calculating Of Their Tax Liabilities

CoinLedger, a leading cryptocurrency tax software provider, has announced the launch of automatic tax reporting for Cardano (ADA), one of the fastest-growing cryptocurrencies in the market. This new feature will allow Cardano investors to easily calculate their tax liabilities and ensure compliance with local tax regulations. https://twitter.com/CoinLedger/status/1641487587603886090 Tax Reporting On Cardano With the increasing adoption of cryptocurrencies, tax reporting has become a major challenge for investors. CoinLedger's new automatic tax reporting feature for Cardano will simplify the process by automatically calculating capital gains, losses, and income based on the user's transaction history. This will enable Cardano investors to quickly generate accurate tax reports, minimizi...
Billionaire Mark Cuban Says “I Still Think DOGE Has Got More Applications Potentially Available To It Than Cardano”
Cryptocurrency

Billionaire Mark Cuban Says “I Still Think DOGE Has Got More Applications Potentially Available To It Than Cardano”

According to Mark Cuban with Altcoin Daily, the Billionaire says that the DOGE has more potential than Cardano reasons. .blockspare-59a4119f-fdb2-4 .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-left:0px;border-radius:null}.blockspare-59a4119f-fdb2-4 .blockspare-image-wrap{background-image:} I still think DOGE has got more applications potentially available to it than Cardano … but the opportunity for Cardano was greater until DOGE becomes a platform for applications, https://twitter.com/AltcoinDailyio/status/1556344421704155142 It is good to know that Dogecoin has seen massive adoption as people recognized its use case, with many a...
Canadian Food Tech Company, WeCook To Support Dogecoin, XRP, And Some Other Cryptocurrencies As Payment
Dogecoin

Canadian Food Tech Company, WeCook To Support Dogecoin, XRP, And Some Other Cryptocurrencies As Payment

Recently, cryptocurrencies have been receiving many adoptions from across the globe. For instance, Dogecoin was taken up recently by FTX Japan which was broadcast on the official Twitter page of the crypto exchange. Another one is the support from the UberEats Food deliveries which now takes dogecoin as a mode of payment through BitPay. Read Also: Ripple's Developers Gets Confidence in XRPL’s capacity To Support The  XLS-20 Standard For NFTs After Conducting Test. https://twitter.com/Dogememegirl/status/1543706206274875392 WeCook Raises Support On Dogecoin and Some other cryptos Following the above breakthrough, the Canadian food tech company WeCook announces their support of Dogecoin, XRP, and some other cryptocurrencies as payment. This was done following the Nuvei an...
Project Catalyst Fund 7 Has Been Concluded, Important Data Collated By Cardano Can Be Inspected.
Blockchain

Project Catalyst Fund 7 Has Been Concluded, Important Data Collated By Cardano Can Be Inspected.

According to the Twitter page, Cardano Blockchain Insight, the Project Catalyst Fund 7  has been concluded, which is the reason the important data collated by Cardano Enthusiasts can be inspected. Important data like the one that allows seeing how many projects were financed and the number of votes collated and cast. From the data, 269 projects got funding in the course of the 7th round. Read Also: Airwallet Extends To New Zealand And Create A Big Opportunity For Ripple(XRP). Over 50,000 wallets were actively disseminating votes on the platform, which is nearly 30% growth since the last founding round. https://twitter.com/InsightsCardano/status/1542630001878630400 Facts About Cardano Catalyst It allows deploying funding to offers that are focused on solving existi...
Solana’s 30% Weekly Growth Adds $3 Billion To Its Capitalization And Also Put Cardano And Ripple Under Pressure
Cryptocurrency

Solana’s 30% Weekly Growth Adds $3 Billion To Its Capitalization And Also Put Cardano And Ripple Under Pressure

According to CoinMarketCap, Solana takes 9th position in the total market cap giving up to Cardano, Ripple, BNB Chain, Ethereum, and of course, Bitcoin as the coin gained up to 30% in 7 days. This performance added $3 billion to its capitalization.  Read Also: Lotus, The Iconic British Performance Car Brand To Launch Its NFT In Partner With Ripple A little addition to Solana's price Whenever SOL adds another  $10 to its price per token, Solana will see itself in seventh place, with both Cardano and Ripple behind it. Rising of SOL price by another 35% may be worth what someone bid on, considering the pace at which SOL is rising and the performance of its closest rival in the market cap. Although according to CoinMarketCap, the impressive growth of the SOL price ...
Can Cardano’s smart contracts soon compete with Ethereum?
Cryptocurrency

Can Cardano’s smart contracts soon compete with Ethereum?

Cardano is a particularly interesting cryptocurrency that finally implemented smart contracts in its blockchain last year. This caused the price of Cardano’s ADA token to increase massively. Many saw and still see Cardano as the “Ethereum killer”. But can Cardano’s smart contracts lead to Ethereum being replaced in the future? In this article, we discuss whether the smart contracts at Cardano can lead to Cardano replacing Ethereum in the future. Read Also: 29 Shopping Malls and 13 hotels Can Now Accept Dogecoin, Bitcoin, and Ethereum, Payments Via Binance Pay What is Cardano? Cardano is a blockchain network that is characterized by the fact that it is technically excellent, secure, and scalable. Cardano was founded in 2017 by Ethereum co-founder Charles H...
Cardano (ADA) Vasil Hardfork Details Displayed by Developer
Cryptocurrency

Cardano (ADA) Vasil Hardfork Details Displayed by Developer

Cardano (ADA) developer and researcher who goes by @Soorajksaju2 on Twitter published a thread to cover the major milestones that the largest PoS network will achieve with the release of the Vasil hard fork in late June 2022. Read Also: Cardano Creator Says Cardano Is Just Starting After Adding approximately100,000 New Addresses in Last Month Optimized transaction logics, advanced EUTXO: What's new in Vasil In his detailed analysis, Mr. Sooraj indicated the most crucial Cardano Improvement Proposals (CIPs) that are set to be included in Vasil's hard fork agenda. https://twitter.com/Soorajksaju2/status/1516097453996531713 First of all, CIP 33 will reconsider the logic of how the Plutus scripts ( compiled Haskell programs) are submitted to the blockchain. Thi...
Cardano-Based Decentralized Project Faces 8,000% Rise in TVL in Last 7 Days
Cryptocurrency

Cardano-Based Decentralized Project Faces 8,000% Rise in TVL in Last 7 Days

A decentralized trading platform with native and fast automated market technology, Wingrider, based on  Cardano, gained almost 8,000% of its TVL in the last seven days, according to network-tracking service DeFiLIama. Between April 12 and 13, the project gained over $41 million in the total value of funds locked in the project. Such a strong increase is shown on the tracking service is not tied to natural demand. The strong spike is caused by the official release of the platform, and $500,000 remaining there before the listing were most probably owned by users involved in the closed testing of the DEX. As stated by the TVL redistribution, the number of decentralized projects on Cardano has risen to 10, implying the basic growth of the network. Some experts note tha...
Charles Hoskinson Teases Bitcoin, Doge, and Cardano Cross-Chain for “Decentralized Twitter”
Cryptocurrency

Charles Hoskinson Teases Bitcoin, Doge, and Cardano Cross-Chain for “Decentralized Twitter”

Lately, Charles Hoskinson teased the cryptocurrency community after telling Elon Musk that he is ready to create a decentralized version of Twitter if he cannot buy out one of the biggest social media platforms in the world. After the offering, Hoskinson faced a wall of criticism, which include questions about the choice of the network for a potential decentralized alternative to the platform. Since Hoskinson’s choice for a Cardano blockchain, users stated it would not be fair if the  "free version" of Twitter would work on one blockchain only. Read Also: Cardano's Biggest Wallets Again Own Largest Part of ADA Supply in 2 Years: Almost 50% https://twitter.com/IOHK_Charles/status/1514979417679880199 But Hoskinson rushed to calm the community down...
Cardano Founder plans to Create a Network Cross Chain for BTC, DOGE, and ADA
Cryptocurrency

Cardano Founder plans to Create a Network Cross Chain for BTC, DOGE, and ADA

Cardano founder Charles Hoskinson recently proposed creating a new decentralized social media platform from scratch together with Tesla Elon Musk in case the billionaire's audacious attempt to take over Twitter fails. Regarding the users who asked if the decentralized media platform would be used across chains, the Cardano creator said it would be a cross-chain network with Bitcoin, Dogecoin, and Cardano. https://twitter.com/IOHK_Charles/status/1514979417679880199 The Twitter user asked,  ''Great idea, but will it be able to be used across chains and not limited to Cardano-only? If it is only limited to Cardano or any single chain, then I don’t think it qualifies as true decentralization.'' Read Also: Charles Hoskinson's IOHK Gathered Most Important Cardano Up...