#Cardano (ADA)

Cardano (ADA) is a Proof-of-Stake blockchain platform written in Haskell, designed for creating decentralized applications.

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ForkLog 52 06.07.2021

Cardano Foundation unveils five-year development plan

By 2026, at least three Fortune 500 companies will be using Cardano's cryptocurrency ADA, and 50 banks will be Cardano Foundation partners. Frederik Gregaard, head of the nonprofit, said.

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ForkLog 20 02.07.2021

Grayscale adds Cardano to Digital Large Cap Fund

The digital asset management company Grayscale Investments has included Cardano (ADA) as a component of the Digital Large Cap Fund.

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ForkLog 12 21.06.2021

Charles Hoskinson: Bitcoin will lose to Ethereum in the competitive race

Bitcoin is too slow compared with Ethereum and other PoS-based networks, and will lose in the competition. This was stated by Charles Hoskinson, head of IOHK—the company behind Cardano—in Lex Fridman's MIT podcast.

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ForkLog 11 19.05.2021

CoinShares reports a record outflow from Bitcoin funds

Ahead of Bitcoin's correction, withdrawals from Bitcoin-based investment products from May 7 to May 14 totaled a record $98 million. Data from the digital-asset management firm CoinShares.

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ForkLog 11 17.05.2021

Mark Cuban criticised Cardano

Billionaire Mark Cuban discussed Cardano (ADA) with IOHK chief Charles Hoskinson after questioning the asset’s practical use.

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ForkLog 16 15.05.2021

Cardano hits historic high above $2.19

The Cardano cryptocurrency (ADA) hit a new all-time high around $2.19. In the past week the token's price surged 30%.

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ForkLog 13 14.05.2021

PoS coins gain ground after Tesla stops accepting Bitcoin

Proof-of-Stake (PoS) coins have shown better dynamics than the market overall. The move may have been sparked by Tesla's decision to halt sales of electric vehicles paid for in Bitcoin due to concerns about its mining environmental impact.

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ForkLog 17 28.04.2021

IOG to roll out Atala Prism blockchain identity solution in Ethiopia

The Cardano-backed company IOG (formerly IOHK) and the Ethiopian government have signed agreements to deploy the decentralized identity system Atala PRISM in the country.

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ForkLog 16 19.04.2021

Charles Hoskinson Urges Move Away From Proof-of-Work and Predicts Dogecoin Crash

The CEO of IOHK, the Cardano developer, Charles Hoskinson, questioned the prospects of proof-of-work, noting Bitcoin's hash rate fell sharply in April.

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ForkLog 6 17.03.2021

Cardano rises about 21% after Coinbase listing announcement

The price of Cardano (ADA) cryptocurrency rose about 21% following Coinbase's announcement of the forthcoming listing. According to CoinGecko, at the time of writing the token trades at $1.28.

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ForkLog 7 10.03.2021

Poll: Retail investors trust Cardano more than Bitcoin

In a Voyager poll of U.S. residents, nearly a third of respondents were more optimistic about the altcoin Cardano than about digital gold.

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ForkLog 9 10.03.2021

Mike Novogratz asks followers to tell him about Cardano

The founder of Galaxy Digital, a crypto bank, Mike Novogratz, asked his Twitter followers what Cardano (ADA) is and why the asset has such a large market capitalization.

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