Category Archive : Cardano

How Astarter Will Help DeFi Development on Cardano

After nearly one month of internal testing, the team has now officially decided to publish the open beta version launchpad on 25th May, 10 am UTC. As a new and native Cardano project, Astarter is a DeFi Infrastructure Hub with four core components for dApp projects and users wishing to utilize Cardano;

  • Launchpad
  • Decentralized Exchange (DEX)
  • Money Market
  • Technical Support Services

Astarter is an EMURGO joint venture with solid strategic partners such as Yoroi, Moonstake, OKX Blockdream Ventures, NULS, Nabox and etc. Astarter is enhancing the DeFi ecosystem on Cardano by facilitating launching an initial DEX offering (IDO), trading of tokens, and receiving technological support for Cardano dApps and users.

Through April 2022, 750+ projects are on the Cardano Cube website, which tracks projects and dApps building on Cardano. The number…

Read more at cardanofeed.com

‘Many People are Migrating to Cardano,’ Says Dan Gambardello

In a talk on cryptocurrencies, founder of Crypto Capital Venture Dan Gambardello remarked positively about Cardano (ADA). He tweeted that he got a controversial question about Bitcoin vs. Cardano valuation. For this, he answered: “Do not underestimate a crypto set out to be a social and financial operating system for the world.” At the end of the tweet, Gambardello wrote “$ADA”, which indicates his support for the coin.

I got asked a very controversial question about #Bitcoin vs. #Cardano valuation. My answer might surprise you…

Do not underestimate a crypto set out to be a social & financial operating system for the world$ADA pic.twitter.com/HghRD7Pray

— Dan Gambardello (@cryptorecruitr) May 23, 2022

Moreover, Gambardello directly tweeted that he could see many people getting tired of other blockchains, and migrating to Cardano.

I am seeing more and more people who are…

Read more at cardanofeed.com

Quitriam Finance (QTM) Pre-Sale Continues as Cardano (ADA), Polkadot (DOT) Ecosystems Gained Traction

Guest Author

Quitriam Finance is developing an ecosystem that can follow Polkadot (DOT) and Cardano (ADA) in their breakthroughs

The cryptocurrency industry has evolved over the years. Bitcoin, the first successful cryptocurrency, is a peer-to-peer (P2P) payment protocol.

This was followed by Ethereum (ETH), a smart contract platform for building decentralised apps. Ethereum has become the backbone of breakthroughs within the growing sector.

Initial coin offerings (ICOs), decentralised finance (DeFi), and non-fungible tokens (NFTs) have reached dizzy heights thanks to Ethereum.

Ethereum has also led to the development of alternative blockchain solutions that offer various choices to both developers and users. As a result of these advances, Quitriam Finance is developing an ecosystem that can follow Polkadot (DOT) and Cardano (ADA) in their breakthroughs.

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Cardano (ADA) Rises 0.43%, Underperforms the Crypto Market Monday

Cardano (ADA) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Monday, the Distributed Software Platform has advanced 0.43% to $0.5478854272.

InvestorsObserver is giving Cardano a 34 Volatility Rank. Find out what this means to you and get the rest of the rankings on Cardano!

Moderately Volatile

InvestorsObserver gives Cardano a moderate volatility rank of 34, placing it in the bottom 34% of cryptos on the market.

The Volatility Gauge follows this makes its score defined by recent trends, rather than a bad day.

ADA’s moderate volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.

Cardano price is well positioned going forward. With support set at $0.530282510168747…

Read more at www.investorsobserver.com

Analyzing how ADA might respond to Cardano’s much-awaited Vasil hardhork

Ahead of the upcoming Vasil testnet that is to launch in early June 2022, Cardano published an encouraging update. The network reported a strong foundation with many new projects planned out with Fund9 that are to be launched.

Cardano recently posted their Weekly Development Report to inform users about the ongoing development updates. The report has provided a timely update related to the recent activities on the network with the Vasil hardfork set to launch next month. The testnet is expected to be released in early June while the hard fork is set for launch on 29 June.

IOHK reviewed the work of various teams in the report with the Plutus and Marlowe teams doing brilliant work. The Plutus team added “Plutus.ChainIndex.App (runMainWithLog)” allowing it to process startup logs more efficiently while optimizing to the “MakeKnownM” builtin. The Marlowe team improved user…

Read more at ambcrypto.com

Establish a Hefty Investment with Mountanaz (MNAZ), XRP (XRP), and Cardano (ADA) Today – CryptoMode

Cryptocurrencies are constantly changing and evolving, so it is important for investors to keep up with the latest trends. By establishing a hefty investment in Mountanaz (MNAZ), XRP (XRP), and Cardano (ADA), you can diversify your portfolio so that it has the best chance of remaining stable and profitable. 

These three cryptocurrencies have a lot of potential, so now is the time to get involved. With Mountanaz, you can take advantage of its unique features and benefits. XRP is ideal for transacting quickly and securely, while Cardano offers a well-rounded platform for smart contracts. 

Mountanaz (MNAZ) can also be tracked on BoostX with just a click ahead! Don’t miss out on this opportunity – invest today!

Groundbreaking Chances with Mountanaz (MNAZ)

Today, banking institutions are insufficient to meet the needs of people. Cryptocurrency and blockchain technologies have been…

Read more at cryptomode.com

Establish a Hefty Investment with Mountanaz (MNAZ), XRP (XRP), and Cardano (ADA) Today

Cryptocurrencies are constantly changing and evolving, so it is important for investors to keep up with the latest trends. By establishing a hefty investment in Mountanaz (MNAZ), XRP (XRP), and Cardano (ADA), you can diversify your portfolio so that it has the best chance of remaining stable and profitable. 

These three cryptocurrencies have a lot of potential, so now is the time to get involved. With Mountanaz, you can take advantage of its unique features and benefits. XRP is ideal for transacting quickly and securely, while Cardano offers a well-rounded platform for smart contracts. 

Mountanaz (MNAZ) can also be tracked on BoostX with just a click ahead! Don’t miss out on this opportunity – invest today!

Groundbreaking Chances with Mountanaz (MNAZ)

Today, banking institutions are insufficient to meet the needs of people. Cryptocurrency and blockchain technologies have been…

Read more at cardanofeed.com

Cardano’s Sidechain Milkomeda Could Become Network’s ZkRollup

Arman Shirinyan

Milkomeda successfully delivers cross-chain dApp performance on Cardano

Cardano’s Milkomeda sidechain, which has been working for almost two months now, may one day become a roll-up to Cardano’s main chain, according to Cardano Insights.

As Cardano blockchain explorer suggests, Milkomeda has processed through more than five million transactions since launch, or almost 100,000 transactions daily. Despite such a large flow of transactions, users are not facing any issues with transaction costs or network congestion. The average cost of a transaction is at $0.001 USD.

Read more at u.today

Cardano price could go either way next week, but downtrend still rules

  • Cardano price closes the week with another loss on the books.
  • ADA price looks set to instead chose more downside as investors are turning away from cryptocurrencies.
  • Expect another drop with at least a retest at $0.415, possibly a selloff towards $0.075.

Cardano price is being dragged into the turmoil of cryptocurrencies losing their favorite status. They started to be deemed unreliable and too exposed to waves in financial markets. In the aftermath of the Terra LUNA massacre, the image of cryptocurrencies got severely damaged and has made retail investors and traders realize significant losses could be at hand if things really go south big time. With that in the back of their minds, Cardano price is set to enter another round of pain trades with a drop back to the low of last week near $0.415, and at risk of slipping 85% after that level towards $0.075.

Read more at www.fxstreet.com

Cardano NFT: Clay Nation – The Cryptonomist

This week’s guest on the Cardano NFT Column is an NFT and metaverse project that has the peculiarity of having its pieces handmade out of clay: Clay Nation.

Last week’s guest was an NFT project that algorithmically generates artistic interpretations of your favorite places

This initiative is a point of reference for NFTs on Cardano and every week or two we will invite someone to answer some questions and give us an update directly from within the Cardano community.

Considering that many of our readers are new to the crypto space, we will have a mix of simple and technical questions.

Cardano NFT project: Clay Nation

Cardano NFT project Clay Nation features handmade clay figurines

Hey, amazing to have you here. Could you tell us a bit about yourselves, where are you from, what are your backgrounds?

Lenna & Issy (Co-founders) started out in April 2021, and since then our team has grown to…

Read more at cardanofeed.com