What The Latest Cardano Treasury Move Means For Investors
Cardano’s core ecosystem organizations have submitted a new proposal requesting 70 million ADA from the Treasury to fund a coordinated set of infrastructure upgrades. The proposal, which was made by the founding entities, the Midnight Foundation, and Intersect, targets important components that Cardano still lacks, and its approval could shape how the network grows heading […]
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A recent partnership has Cardano in the news once again. Cardano Foundation announced that it was partnering with blockchain analysis provider Coinfirm to enhance the security of the blockchain and its token ADA. This partnership has sparked a lot of debate in and out of the community. As investors in the crypto space try to […]
Sharplink Gaming (SBET), which became the first public company to establish an Ethereum treasury, hasn’t had it easy since making this major move. The company’s shares have plummeted amid reports that investors plan to offload their stocks following the creation of the ETH Treasury. Sharplink Gaming’s Stock Plummets Following Ethereum Treasury Move In an X […]
In a gesture of mainstream acknowledgment, MSN Money posted an article on Cardano today, saying investors should hold ADA. This statement was based on Cardano’s YTD performance and its price resilience during the recent downturn. With developments moving quickly, including the latest Catalyst Fund5 vote currently open, it won’t be long before a fully-fledged Cardano-based […]
On July 14, IOHK, the Cardano network developers, announced the project’s latest testnet called Alonzo white has been deployed. IOHK detailed that it has onboarded new participants and the move will help the project move “closer to smart contracts.” Two days later, a Cardano-based project called Spores raised $2.3 million to build a non-fungible token (NFT) and decentralized finance (defi) marketplace. Cardano Launches Alonzo White This week the Cardano (ADA) network launched the project’s successful hard fork of the Alonzo Blue testnet to the Alonzo White node.....
Many major digital assets, such as Cardano, are picking up pace following a recent market rebound. With Cardano experiencing renewed bullish action, investors are beginning to lock in on the ADA, as evidenced by a massive withdrawal of the leading altcoin from cryptocurrency exchanges. Investors Withdrawing Cardano From Exchanges In the midst of growing market […]