Cardano Archives - Cryptolifedigital

Charles Hoskinson Weighs In on ETHGate Controversy, Challenges Corruption Claims, and Highlights Need for Transparency in SEC

12Oct

By Daniel AbangNo Comments

Cardano

Charles Hoskinson Weighs In on ETHGate Controversy, Challenges Corruption Claims, and Highlights Need for Transparency in SEC

Charles Hoskinson, founder of Cardano and co-founder of Ethereum, recently shared his insights on the ongoing ETHGate controversy during a recent Ask-Me-Anything (AMA) session. In doing so, he challenged the prevailing claims of corruption surrounding the Ethereum project and highlighted the need for transparency in the regulatory landscape. Hoskinson's analysis provides a thought-provoking perspective on the cryptocurrency industry's relationship with regulatory agencies, particularly the U.S. Securities and Exchange Commission (SEC). Read Also: Opportunity for Crypto Community to Invest in Ripple's Pre-IPO Shares Reopens on Linqto Platform https://twitter.com/NerdNationUnbox/status/1711766983304270088 The ETHGate controversy centres around allegations that the Ethereum team may ...

Bakkt Delists Cardano, Polygon, and Solana, but Shiba Inu Survives

16Jun

By CryptolifedigitalNo Comments

Shiba Inu

Bakkt Delists Cardano, Polygon, and Solana, but Shiba Inu Survives

In a surprising move, Bakkt, a prominent US-based cryptocurrency exchange, has decided to delist several billion-dollar valued cryptocurrencies from its platform. However, amidst this delisting spree, Shiba Inu (SHIB), the popular meme-inspired cryptocurrency, has managed to retain its place among the available tokens for trading. The decision to remove Cardano (ADA), Polygon (MATIC), and Solana (SOL) from the Bakkt platform comes as the exchange aims to address concerns regarding unclear regulatory oversight and ensure compliant token offerings. Bakkt's general counsel and secretary, Marc D'Annunzio, emphasized the need for greater transparency before offering a more extensive list of coins compliantly. Read Also: Binance Flexible Loan Announces Closure of PEPE Loan Positions, Urges...

Charles Hoskinson and David Schwartz Challenge SEC’s Classification of ADA as a Security in Binance and Coinbase Lawsuits

12Jun

By Cryptolifedigital1 Comment

Cryptocurrency

Charles Hoskinson and David Schwartz Challenge SEC’s Classification of ADA as a Security in Binance and Coinbase Lawsuits

The recent lawsuits filed by the U.S. Securities and Exchange Commission (SEC) against Binance and Coinbase have triggered a response from prominent figures in the cryptocurrency space. Charles Hoskinson, the founder of Cardano (ADA), and David Schwartz, Ripple's Chief Technology Officer (CTO), have expressed their concerns over the SEC's classification of ADA as a security in these cases. Their reactions came in response to tweets from Bill Morgan, a pro-XRP attorney, who questioned the validity of the SEC's argument. The SEC's lawsuits against Binance and Coinbase accuse the exchanges of facilitating unregistered securities transactions. Interestingly, the Commission includes ADA on the list of alleged securities in both cases, sparking a debate within the crypto community. Bill Morg...

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

31Mar

By OLAJIDE SAMUELNo Comments

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”

8Aug

By Cryptolifedigital1 Comment

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

6Jul

By Cryptolifedigital3 Comments

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.

1Jul

By CryptolifedigitalNo Comments

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

21Jun

By Cryptolifedigital2 Comments

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?

31May

By CryptolifedigitalNo Comments

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

19Apr

By Cryptolifedigital1 Comment

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...