Cardano

Cardano (ADA) was founded in 2017 by Charles Hoskinson, co-founder of Ethereum, as a third-generation blockchain platform built on peer-reviewed academic research and formal verification methods. Using the energy-efficient Ouroboros proof-of-stake consensus mechanism, Cardano aims to provide a more sustainable and scientifically rigorous approach to blockchain development than its predecessors.

The Cardano ecosystem centers around its native ADA token, which enables staking rewards for network validators, and a growing collection of decentralized applications following the launch of smart contract functionality through the Alonzo upgrade. The platform emphasizes interoperability, sustainability, and scalability while supporting DeFi protocols, NFT projects, and identity solutions across emerging markets, particularly in Africa through partnerships with governments and educational institutions.

At CoinDesk, we provide comprehensive Cardano news coverage tracking the platform's methodical development approach, major protocol upgrades, and real-world adoption initiatives. Our reporting covers everything from staking developments and DeFi growth to Cardano's unique governance model and expanding partnerships in developing nations.

DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person.

Finance

CME Bitcoin Futures Premium Hits Highest Level Since Early January

The latest moves in crypto markets in context for March 24, 2022.

By Omkar Godbole, Bradley KeounMar 24, 2022

CME Group's headquarters in Chicago (Bloomberg/Getty images)

Markets

Cryptos Reclaim $2T Capitalization, Cardano’s ADA Leads Gains in Majors

Crypto markets added nearly 3.2% to their overall market cap in the past 24 hours, data shows.

By Shaurya MalwaMar 22, 2022

Finance

Cardano, Solana and Other Non-ETH Tokens the Focus of New Grayscale Smart Contract Fund

It’s the fund manager’s 18th investment product and third diversified fund offering.

By Michael BellusciMar 22, 2022

Videos

Competitive Gamer 'That Denver Guy' on the Future of Metaverse Gaming, Digital Land Ownership and More

"That Denver Guy," aka competitive gaming expert Denver Moore, joins CoinDesk's "After Show" following his appearance on "New Money" with Spencer Dinwiddie and Solo Ceesay. He updates Ceesay on his investments in cardano and chainlink and why he's refocused on bitcoin. Moore discusses the future of metaverse gaming, saying, "our cash won't do anything in these worlds." Plus, why he views land purchase in the metaverse as similar to the California Gold Rush.

Mar 11, 2022

Markets

Market Wrap: Cryptos Mixed Amid Global Uncertainty

Price gains were short-lived, although some analysts expect a relief rally if war-related conditions ease.

By Damanick DantesMar 11, 2022

Markets

Crypto-Fund Inflows Tripled Last Week to Highest in Almost Three Months

A net $127 million went into digital-asset funds during the week ended March 4, with minor outflows in Europe and large inflows in the Americas.

By Angelique ChenMar 7, 2022

A net $127 million of inflows into digital-asset funds last week was the highest in almost three months. (CoinShares)

Markets

Whale Holdings in Cardano's ADA Token Hit Record High

Large investors have boosted their coin stash by more than 40% this year.

By Omkar GodboleMar 7, 2022

A whales leaps out of the sea. (Pixabay)

Markets

First Mover Asia: China to Widen Test of Digital Yuan as Russia Invasion Spotlights Crypto’s Potential Role; Cryptos Decline

The country is close to approving trials of the central bank digital currency in a number of cities and regions; bitcoin and ether drop as risk-on appetite fades.

By Amitoj Singh, Damanick Dantes, James RubinMar 3, 2022

Ukraine's Ministry of Digital Transformation wants crypto exchanges to block Russian users. (Lucy Shires/Getty)

Markets

Market Wrap: Bitcoin Decouples From Stocks Ahead of Seasonally Weak March

Bitcoin and ether were up 5% over the past 24 hours, while stocks closed lower.

By Damanick Dantes, Angelique ChenMar 1, 2022

Investors grapple with market risk. (Mostafa Meraji, Unsplash)

Markets

Cardano’s ADA Dives 18%, Leading Plunge in Cryptos as Russia Begins War With Ukraine

Global stocks are tumbling alongside cryptocurrencies, with Western European indexes down nearly 5% and U.S. futures pointing to about a 3% opening decline.

By Shaurya MalwaFeb 24, 2022