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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.

Polygon

Solana

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

Ethereum

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.

Biggest Movers: ADA Snaps Losing Streak as Nonfarm Payrolls Beat Expectations

Cardano (ADA) price rises as it breaks through the moving average lines, but it remains below the 50-day SMA.

Cardano Is In A Range But Faces Rejection At The High Of $0.3850

Volumes surged from just over $1 million at the start of May to $18 million on Tuesday, data from Minswap shows.

Cardano DEX Minswap Sees Volume Jump Driven by SNEK, BANK Meme Coins

The chief executive of the world's largest crypto exchange Binance, has predicted China could be about to trigger the next bitcoin price bull run.

‘It's A Big Deal'—Crypto Suddenly Braced For A Huge China Earthquake After Bitcoin, Ethereum, BNB, XRP, Cardano, Dogecoin, Polygon And Solana Price Swings

Cardano (ADA) is still below the moving average lines.

Cardano Holds Above $0.35 Despite Rejection Of High At $0.38

Tron rose for a fourth consecutive session on Monday, pushing the token to an eleven-month high. The move comes despite current sentiment of uncertainty in the cryptocurrency market. Cardano was also higher, snapping a losing streak in the process.

Biggest Movers: TRON Nears 1-Year High, Whilst ADA Snaps 4-Day Bear Run

Cardano (ADA) creator Charles Hoskinson is weighing in on Ledger Wallet's latest move to offer an optional subscription that provides customers with a backup of their secret recovery phrase. The new product, Ledger Recover, allows users to recover their private keys through a comprehensive ID verification process.

News for Cardano Crypto (ADA)