Further, Cardano is expecting to offer smart contracts on its blockchain sometime in mid-September. That offering will enable the network to compete with Ethereum in the decentralized finance space.
Estimated reading time: 0 minutes, 20 seconds
Cardano Makes Major Moves with ADA Surge, DeFi Plans
ADA, a digital token tied to the Cardano blockchain, became “the third-largest virtual currency in the world” after enjoying a 50% surge to $69 billion over the course of a week. So reports Bloomberg.
Most Read
-
-
Apr 27 2019
-
Written by FinTech News Brief Staff
The Securities and Exchange Commission announced the concept of digital…
-
-
-
Jan 09 2019
-
Written by FinTech News Brief Staff
Ripple CEO Brad Garlinghouse said cryptocurrency and blockchain stand to…
-
-
-
Jan 16 2020
-
Written by FinTech News Brief Staff
Representatives from the Reserve Bank of Australia said they are…
-
-
-
Sep 21 2018
-
Written by Jacob Roberts
Online software vendor Kashoo is forming focus group to react…
-