Cardano (ADA) Founder Responds To Criticism Over Crypto New Crypto Partnership
A new partnership between Cardano and blockchain-based firm Coinfirm has drawn criticism from its community. The Cardano-Coinfirm partnership will enable authorities to track ADA transactions on the blockchain from as far back as when it was first created. This, according to the press release, will enable the apprehension of bad actors and prevent illegal transactions from being carried out on the platform. Complying with anti-money laundering (AML) regulations within regulations. Related Reading | Hoskinson Celebrates Ethereum Smart Contracts On Cardano, How This Company Enables It....
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Weiss Crypto, the subsidiary of financial ratings firm Weiss Ratings slammed Cardano’s partnership with Confirm, describing it as a “bad move all around.” Cardano founder Charles Hoskinson has responded to criticism over The Cardano Foundation’s partnership with Confirm, saying it was necessary for adoption of ADA. The Cardano Foundation announced its partnership with the blockchain analytics provider on Aug. 24, which will see Confirm’s analytics being utilized to ensure compliance with frameworks such as the 6th Anti Money Laundering Directive and Financial Action Task Force’s....
Cardano is getting ready for the release of smart contracts capability on September 12th. To this end, the Cardano Foundation is taking steps to make sure that there are no vulnerabilities in the network ahead of launch. A new partnership will help to facilitate this, while also engaging the broader community to take part in making sure that the beloved ecosystem is as safe as possible. Cardano Foundation, in conjunction with HackerOne, recently released a bug bounty program. This program aims to reward hackers for any vulnerabilities that they may find in the network. Bug bounty programs....
Despite still being in its nascent phase, the crypto industry is no stranger to differing opinions from maximalists of different cryptocurrencies. This has often led to controversies and debates, some of which are more baseless than others. The most recent disputes in crypto have been sparked by the back-and-forth between Charles Hoskinson, the founder of […]
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 […]
AI firm SingularityNET today announced a partnership deal with Cardano. Previously, SingularityNET operated exclusively on the Ethereum blockchain. As such, many have taken the news as a significant blow for Ethereum stakeholders. We're extremely excited to announce our collaboration with #IOHK @InputOutputHK, a company led by @Cardano founder Charles Hoskinson @IOHK_Charles. Review some of the […]