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.

Markets

Cardano’s ADA Jumps Amid Recovery in Major Cryptos; Traders Remain Cautious

Prices of major cryptocurrencies were up as much as 16% on Wednesday after nearly a week of downslide.

By Shaurya MalwaFeb 23, 2022

LUNA hit resistance at $58. (TradingView)

Videos

Canadian Court Orders Freeze of 'Freedom Convoy' Crypto Accounts

The Canadian "Freedom Convoy" saga continues as an Ontario court ordered the freezing of funds in over 120 crypto addresses tied to bitcoin, cardano, ethereum, litecoin and privacy coin monero. "The Hash" co-hosts examine Canada's "surprising totalitarian measures" and Kraken CEO Jesse Powell's reactions.

Feb 18, 2022

Markets

Shiba Inu’s SHIB Extends Surge, Bitcoin Breaks a Key Resistance Level

The meme coin rose sharply, even as major cryptocurrencies showed small gains and some losses.

By Shaurya MalwaFeb 8, 2022

Markets

Crypto Fund Inflows Follow Pickup in Market Sentiment

Inflows into digital-asset funds last week were 4.5 times what they were the week before.

By Angelique ChenFeb 7, 2022

Crypto funds saw inflows of $85 million during the seven days through Feb. 4. (CoinShares)

Learn

5 Cryptocurrencies You Can Stake: An In-Depth Guide

Make your crypto work for you and earn passively while holding.

By Griffin McshaneFeb 3, 2022

Tech

Cardano Developers Propose Block Size Increase

The proposal will increase Cardano’s block size to 80 KB from the current 72 KB in line with a broader plan for increasing network capacity.

By Shaurya MalwaFeb 2, 2022

(Tiffany Hagler-Geard/Bloomberg via Getty Images)

Markets

Bitcoin Bargain? Investors Put Money Into Crypto Funds for Second Straight Week

Cryptocurrency funds attracted $19 million of new money last week, suggesting investors are cautiously adding to positions, with prices depressed compared with year-end levels.

By Angelique ChenJan 31, 2022