Cardano’s Alonzo upgrade brings smart contracts, DeFi and NFTs, competing with Ethereum

    Upcoming Cardano’s upgrade aims to bring in the network new abilities like smart contracts and non-fungible tokens (NFTs), as well as “programmability,” as per founder Charles Hoskinson. However, it could take several months before DeFi protocols come to the mainnet due to a lack of concurrency and tools. Cardano’s big “Alonzo” upgrade rolls out on…

    Cardano creator responds to criticism over new AML/CFT partnership

    Weiss Crypto Ratings recently bashed Cardano for the Cardano Foundation’s partnership with Coinfirm, saying that the move is disappointing and lead to Cardano’s death. Charles Hoskinson replied to the criticism by claiming that the move will bring clarity for the users. As reported, Cardano Foundation recently teamed up with a well-known provider of AML data,…

    Cardano reaches a new all-time high, becoming the third-largest crypto

    Cardano has achieved a new all-time high of $2.54 in the early hours of trading Friday morning. ADA’s market capitalization topped $80 billion compared to Binance coin’s (BNB) $72.1 billion, according to Messari provider’s data. It has surpassed Binance’s native token in total market capitalization, becoming the third-largest crypto in the world. Cardano (ADA), the…