The leading Cardano (ADA)-based decentralized finance (DeFi) and stablecoin ecosystem Ardana abruptly stopped development on November 24 due to funding and project timeline uncertainty. The project will continue to be open-source for developers.
Author: adewale
adewale
Adewale Opeyemi contributed to Blockchain Journal during 2022, covering cryptocurrency markets, blockchain technology, and industry developments. His reporting focused on explaining how emerging projects, protocols, and market trends evolved, with an emphasis on clarity, structure, and factual accuracy. Every day, I want to make a difference and leave a lasting beneficial impact on my community and the world at large. This I accomplish by assisting Blockchain brands and organizations in developing the best content for effective marketing that connects and converts prospects to customers.
The Polkadot protocol, which makes it possible for users of different blockchains to communicate with one another, has recently made an announcement on a new project that would assist its ecosystem in identifying and avoiding scams.
Sam Bankman-Fried (SBF), the foremost antagonist of the cryptocurrency sector, has declared his attendance at a New York Times event. The crypto community, nonetheless, is not amused.
A cryptocurrency wallet connected to the historic Mt. Gox hack began making transactions.
The Oxford University Press (OUP), the company that publishes the Oxford English Dictionary, is holding a contest to determine the “Word of the Year”, and the word “Metaverse” is one of three finalists.
According to recent reports, the cryptocurrency lending company Genesis Global Capital has retained the services of a restructuring counsel to look into all potential outcomes, including the possibility of filing for bankruptcy.
Investors have raced to gamble against bitcoin and the cryptocurrency market, with bear holdings reaching two-year highs, as terrible news on FTX’s bankruptcy keeps appearing in crypto (and mainstream) media.
Some users of the decentralized exchange (DEX) Uniswap are upset due to the recently revised privacy policy of the exchange. These individuals are concerned that the collecting and storing of user data violates the core values that underpin bitcoin, and they have stated their concern about this.
Grayscale, an investment firm for cryptocurrencies, has declined to release its proof-of-reserves due to “security concerns.” The action has sparked questions about the company’s financial stability.
Despite the recent failure of the FTX cryptocurrency exchange and the market upheaval that has ensued as a result of it, billionaire investor and hedge fund manager Bill Ackman has stated that he continues to have a bullish outlook on cryptocurrencies as he is unfazed by the collapse.