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Cardano

After a disagreement with Ethereum co-founder Vitalik Buterin, Hoskinson ventured out on his own to create a blockchain improving on issues including scalability and interoperability. Unlike Bitcoin and Ethereum, Cardano is a proof-of-stake blockchain platform, which many consider to be a more sustainable and energy-friendly alternative to proof-of-work.

Cardano was founded by Charles Hoskinson, the co-founder of Ethereum. Development of the blockchain platform began in 2015 and was launched in 2017. 

After a disagreement with Ethereum co-founder Vitalik Buterin, Hoskinson ventured out on his own to create a blockchain improving on issues including scalability and interoperability. 

Unlike Bitcoin and Ethereum, Cardano is a proof-of-stake blockchain platform, which many consider to be a more sustainable and energy-friendly alternative to proof-of-work.

Cardano has a supply cap of 45 billion ADA. There are currently 32 billion ADA in circulation. ADA is the native token used on the Cardano network. 

Cardano is named after an Italian Renaissance mathematician, Gerolamo Cardano, and its native token ADA is named after Ada Lovelace, a 19th-century English mathematician sometimes credited as the first computer programmer.

Cosmos

Cardano climbed higher to start the week, as bulls moved to buy the recent dip in price. The token dropped by over 30% over the weekend, as traders continued to react to the Robinhood delisting. Cosmos also rebounded, moving away from a one-year low.

Biggest Movers: ADA, ATOM Rebound on Monday, as Bulls Buy Recent Dip

The blockchain research and engineering company has cut jobs as it pivots to a smaller venture studio business model.

Cardano Developer IOG Restructures to Venture Studio Model, Lays Off Some Staff

Polygon

Solana

The tokens were up as much as 5% in the past 24 hours even as the broader market remained nominally changed.

SOL, ADA, MATIC Prices Stabilize as Foundations Hit Back on SEC Lawsuit Allegations

Robinhood Markets, the popular online brokerage, has announced the removal of three cryptocurrency tokens from its platform.

Robinhood Delists Crypto Assets Deemed Securities by SEC

Although all disagreed, each organization tied to the trio of tokens show varying levels of conviction.

Solana, Cardano, Polygon Push Back Against SEC 'Security' Label

Cardano fell by over 25% on Saturday, as traders continued to react to the token being delisted from the Robinhood platform. The global cryptocurrency market cap is currently down by nearly 6%, following these developments. Polygon, which was also delisted, dropped to a one-year low to start the weekend.

Biggest Movers: ADA, MATIC Plunge by Nearly 25%, Following Robinhood Delisting

Several tokens were alleged as securities earlier this week, leading to a possible risk-off among traders.

SOL, ADA, MATIC Tokens Slide 20% in Sudden Move Days After SEC Lawsuit Allegations

Bitcoin

Dogecoin

Ether

Crypto's latest crash comes as one of the top global credit rating agencies, Moody's, dropped its outlook on embattled bitcoin and crypto exchange Coinbase from stable to negative—signaling further declines to come

‘Bloodbath'—Sudden $1 Trillion Crypto Crash Sparks Fresh Coinbase Warning And Tanks The Price Of Bitcoin, Ethereum, BNB, XRP, Cardano, Dogecoin, Polygon And Solana

Four large-cap digital assets cratered in price this week after the U.S. Securities and Exchange Commission (SEC) labeled them securities in a pair of lawsuits against high-profile crypto exchanges.

Large-Cap Cryptos BNB, Cardano, Solana and Polygon Plunge in Price This Week After SEC Labels Them Securities

Trading giant Robinhood is reportedly delisting a handful of prominent crypto assets in response to the U.S. Securities and Exchange Commission (SEC) suing Binance and Coinbase for allegedly violating securities laws.

Robinhood Delists Solana, Polygon and Cardano, Is Reviewing Crypto Options Post-SEC Lawsuits: Bloomberg

Fintech and crypto firm Robinhood has announced the delisting of cardano (ADA), solana (SOL), and polygon (MATIC) on June 27, 2023. This development comes after the publicly-listed company revealed that it was “actively reviewing” its coin listings in the wake of recent U.S. Securities and Exchange Commission (SEC) enforcement actions against Binance and Coinbase.

Robinhood to Delist Cardano, Solana, and Polygon Amidst SEC Regulatory Pressure

IOG, the company behind the development of Cardano (CRYPTO: ADA), and the Solana Foundation (CRYPTO: SOL), have rebutted claims by the U.S. Securities and Exchange Commission (SEC) suggesting that their native tokens could be classified as a security. This comes in the wake of the SEC's legal action against prominent cryptocurrency exchanges Binance and Coinbase earlier this week, wherein ADA was named among other crypto tokens that the SEC considers as securities.

Cardano And Solana Counterattack Against SEC's Classification Of Cryptocurrencies As Securities

Robinhood Markets Inc (NASDAQ: HOOD), the popular trading platform, has just announced that it will cease support for three prominent cryptocurrencies: Cardano (CRYPTO: ADA), Polygon (CRYPTO: MATIC), and Solana (CRYPTO: SOL). Starting June 27th, 2023 at 6:59 PM ET, these cryptocurrencies will no longer be available for trading on the Robinhood platform.

Robinhood To Ceases Support Of ADA, MATIC, SOL Amid Regulatory Pressure

The popular trading platform will end support for Cardano (ADA), Polygon (MATIC) and Solana (SOL) on June 27th.

Robinhood Ends Support for Some Tokens Named in SEC Lawsuit as Securities

Robinhood opted to axe three tokens after the SEC listed them as unregistered securities in their lawsuits against Coinbase and Binance.

Robinhood Moves to Cut Support for Cardano, Polygon and Solana

Robinhood Markets said on Friday it is removing three cryptocurrency tokens from its platform, days after the U.S. securities regulator's crackdown against the industry's biggest exchanges.

Robinhood Markets removes three crypto tokens

Cardano's (ADA) price falls below the moving average lines.

Cardano Reaches Bearish Exhaustion And Consolidates For A Future Upswing

“Under no circumstances is ADA a security under U.S. securities laws,” IOG said.

Cardano Developer Rejects SEC Claim Its ADA Token Is a Security

Cardano dropped to a three-month low on Thursday, as sentiment in cryptocurrency markets remained largely bearish. The move comes as traders continue to worry about what the recent Binance and Coinbase lawsuits could mean for the wider market. Solana also slipped to a multi-month low.

Biggest Movers: ADA, SOL Plunge to 3-Month Lows on Thursday

Cryptocurrencies the SEC characterized as securities in recent lawsuits led the drop among altcoins, while BTC traded mostly flat.

BNB Drops to 6-Month Low as ADA, MATIC, SOL Lead Altcoin Tumble

Cardano (ADA) creator Charles Hoskinson warns that crypto scams will proliferate with the emergence of generative artificial intelligence (AI). Hoskinson predicts in a new video that millions of dollars worth of Cardano will be lost one year from now as scams that employ generative AI take over.

Millions in Cardano (ADA) Will Be Stolen by Artificial Intelligence by This Time Next Year: Charles Hoskinson

The Securities and Exchange Commission (SEC) filed a lawsuit against Binance Holdings Ltd. on Monday, citing 12 coins as unregistered securities.

Cardano, Solana, Binance Token Among $115B Worth Crypto Now Labeled By SEC As Unregistered Securities

Other altcoins—including recent top gaming tokens SAND, MANA, and AXS— are securities too, the SEC argues.

SEC Claims Solana, Polygon, Cardano Are Securities in Binance Lawsuit

The U.S. SEC has called 12 tokens securities in a lawsuit against Binance, including BNB, SOL, MATIC and ADA. It did not mention ether.

Solana, polygon, cardano and other tokens are securities, says SEC in Binance lawsuit

Cardano ended a four-day losing streak on Friday, as markets responded to the latest U.S. nonfarm payrolls (NFP) report. Payrolls in May rose to 339,000, which was significantly higher than the expected sum of 190,000. Solana collided with a key resistance level in today's session.

News for Cardano Crypto (ADA)