Category: Cardano

Cardano founder Charles Hoskinson criticizes the new infrastructure bill seeking crypto taxes

The Cardano founder called the new bipartisan infrastructure bill evil for crypto. The bill will make it mandatory for all non-custodial players to report KYC and customer details to the IRS. Cardano founder Charles Hoskinson has joined the discussion about levying crypto taxes as proposed in the infrastructure bill. Earlier this week U.S. Senators proposed […]

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Bitrue Aims to Democratize Token Listing Rights by Opening Voting Power to Users

Bitrue Aims to Democratize Token Listing Rights by Opening Voting Power to Users

Digital asset exchange Bitrue is seeking to engage its user community directly by distributing decision-making power for adding new token projects after the listing team thoroughly vets them. Platform Advancing Further Voting Powers in Future Updates Blockchain’s innate ability to decentralize products and services has long been among its key value propositions, especially when providing […]

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The next two months are going to be fun, Cardano’s Charles Hoskinson tells critics

The Cardano project was recently criticized by a user claiming it will clone another working POS chain and call it an update of ADA. However, Cardano founder Charles Hoskinson responded that these critics as being delusional. Cardano is currently in the third stage of its development roadmap, Goguen. Recently, the first testnet for the Alonzo […]

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Cardano (ADA) to become a mainstream crypto like BTC & ETH – Portfolio strategist

Amy Arnott of MorningStar believes that Cardano could win over mainstream investors to join Bitcoin and Ethereum. She also disclosed her dream of seeing a diversified crypto index fund.  Cardano (ADA) has over the past few years improved on its technological innovations, making it a strong competitor of Ethereum. According to a portfolio strategist at […]

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Portfolio Strategist Expects Cardano to Become Mainstream Cryptocurrency Alongside Bitcoin and Ether

Portfolio Strategist Expects Cardano to Become Mainstream Cryptocurrency Alongside Bitcoin and Ether

A portfolio strategist for American financial services firm Morningstar says that cardano could become a mainstream cryptocurrency alongside bitcoin and ether, forming a “big three” of mainstream cryptocurrencies. Strategist Believes Cardano, Ether, Bitcoin Could Become Mainstream Cryptocurrencies Amy Arnott, a cryptocurrency-focused portfolio strategist at Morningstar, shared her views on crypto regulation, ether, and cardano in […]

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Report Claims Nayib Bukele’s Regime May Issue a Salvadoran Stablecoin

Report Claims Nayib Bukele’s Regime May Issue a Salvadoran Stablecoin

According to regional reports, El Salvador’s current leadership is in the midst of developing a stablecoin backed by the U.S. dollar. Meanwhile, others believe the stablecoin idea was scrapped now that Nayib Bukele’s government chose to leverage bitcoin. Some Say the Colón-Dollar Is Being Developed, Others Claim the Salvadoran Stablecoin Idea Was Scrapped There’s lots […]

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Cardano Launches Testnet to Move Closer to Smart Contracts, Polymarket Odds Bet Against Project

Cardano Launches Testnet to Move Closer to Smart Contracts, Polymarket Odds Bet Against Project

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 […]

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Prediction markets bet against Cardano releasing smart contracts by Oct. 1

A market prediction by Polymarket indicates that the odds of Cardano’s smart contract release by Oct 1 are 63-37 against. Prediction markets allow betting on real-world events such as elections and sports. The chances of Cardano incorporating smart contract functionality by Oct. 1, 2021, are slim according to a Thursday prediction market from Polymarket. Notably, […]

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