Haiti, a Western Caribbean country torn by a tragic past, natural disasters, poor leadership, and ineffective foreign aid, is not a country that comes to people's minds when they think of blockchain adoption. For years, Haiti has been among the world's poorest countries in terms of GDP per capita, as per data from the World Bank. But Haitian-Canadian entrepreneur Nandy Martin, colloquially known as Captain Haiti for wandering the streets of his community in his superhero attire and signature shield prop, has ambitious goals to change that. Operating from the sunny domains of his humble abode in Miami's Little Haiti, …

In a tweet posted by the Cardano Foundation on Monday, the number of Cardano (ADA) wallets has surpassed the 2 million mark. The network reached the previous milestone of 1 million ADA wallets on May 22, 2021. During that period, the Cardano Foundation successfully implemented the Alonzo hard fork, enabling smart contracts on its network. Meanwhile, Charles Hoskinson, Cardano's founder, has shifted his attention to increasing the adoption of blockchain technology in Africa. Via a tweet posted last week, Hoskinson claimed that 5 million students in Ethiopia are on schedule to receive an ID based on the Cardano blockchain for …

Cardano’s daggy dad turns DJ Cardano founder Charles Hoskinson has teamed up with legendary electronic dance music (EDM) DJ Paul Oakenfold to launch a tokenized album on Cardano. Oakenfold is a three-time Grammy Award nominee and his career in the music industry spans back to the early 1980s. His upcoming album dubbed “Zombie Lobster” was announced during the Cardano summit on Wednesday. Every aspect of the album will be tokenized on the Cardano blockchain, including cover art, tracks, sleeve notes and remixes. The album is part of a release from an NFT project named “Starship Universe,” which is operated by …

Welcome to the latest edition of Cointelegraph’s decentralized finance, or DeFi, newsletter. Despite Cardano founder Charles Hoskinson's claim that the DeFi space is now “up for grabs,“ it was rival Vitalik Buterin who stole the headlines this week with a feature in Time Magazine. What you’re about to read is the smaller version of this newsletter designed for brevity. For the full version of DeFi’s developments over the last week — released a whole lot quicker than Cardano’s smart contracts — drop your email below. Buterin’s Time to Shine Ethereum founder Vitalik Buterin was listed in Time Magazine’s 100 most …

More than 200 smart contracts have been listed on the Cardano blockchain explorer following the Alonzo upgrade on Monday — but there’s a catch. As of now, the 200 smart contracts listed are in timelock and cannot be used by developers until they’re released. The Vercel App currently puts the number of smart contracts readying to be launched at more than 2,200. Smart contracts have been a long-anticipated feature on Cardano since its launch in 2017, and the functionality was finally enabled with the recent Alonzo hard fork. Charles Hoskinson, founder of Cardano and IOHK, said on Friday that the …

Cardano founder Charles Hoskinson believes that digital assets may play an important role in offering financial privacy to Afghani citizens following the withdrawal of US forces. In a Wednesday interview with CNBC, Charles Hoskinson, a co-founder of Ethereum and founder of Cardano, expressed his expectation that “cryptocurrencies will play a larger role in Afghanistan [...] in the war for and against the Taliban forces.” Hoskinson highlighted the need for financial privacy-preserving technologies in Afghanistan, stating: “Afghan’s digital life is now under scrutiny, the last two decades are being reviewed by a regime that if you expressed your opinion in ways …

Cardano (ADA) appears to be heading toward a new record high as its downside move takes the shape of a bull flag. In detail, the ADA/USD exchange rate plunged 16.91% to $2.47, but the pair’s decline came after a strong move higher, wherein it surged over 120% month-to-date to reach an all-time high of $2.97 on Monday. Therefore, the latest declines have given the impression that Cardano is undergoing a brief pause before it resumes its uptrend. Part of the upside analogy stems from the downward sloping channel itself — two parallel trendlines enveloping the price moves. In addition, the …

Cardano (ADA) has been in the spotlight lately partially because of its early 2021 price performance and the fact that its huge fan base has been anxiously awaiting the launch of the network’s smart contract capability in the upcoming Alonzo upgrade. While the rise of decentralized finance (DeFi) took place and the total value locked in DeFi applications soared above $76 billion, Cardano investors have been waiting for nearly four years for the project to deliver on all its promises. Traders are now trying to determine whether the 50% rally since July 21 was backed by positive expectations or fundamentals. …

In a recent interview with Lex Fridman, Charles Hoskinson — founder of Cardano and co-founder of Ethereum — offered his views on Bitcoin (BTC). The 33-year-old was less than complimentary, calling it “slow” and in desperate need of an upgrade. Hoskinson also took issue with the recent Bitcoin 2021 conference in Miami, comparing the whole thing to a ridiculous religious movement. “I can't for the life of me understand, what the hell is the point of Bitcoin?” asked Hoskinson. But while Bitcoin has proven itself an adaptable blockchain with a decade of history, many within the crypto industry have significant …

IOHK CEO and Ethereum co-founder Charles Hoskinson has argued that Bitcoin (BTC) sits at a significant competitive disadvantage due to its slow speeds and will be usurped by proof-of-stake networks. In a five-hour podcast with computer scientist and AI researcher Lex Fridman the Cardano founder argued that proof-of-stake networks offering superior speed and functionality over the original cryptocurrency, stating: “The problem with Bitcoin is that it is so slow — it’s like the mainframe programming of the past. The only reason it’s still around is because there is so much invested in keeping it around.” “You have to upgrade the …

Cardano (ADA) was back in the spotlight Sunday, leading a tepid market recovery following news that the developer network was inching closer to launching smart contracts. Market update The combined value of all cryptocurrencies rose 4.4% on Sunday to $1.6 trillion, according to data from CoinGecko. Among the majors, it was Cardano’s ADA leading the rally with a 17% gain. ADA peaked at $1.70, according to TradingView, and was last seen hovering just north of $1.63. At current values, Cardano was the fourth-largest cryptocurrency with a total market capitalization of $52.9 billion. Every cryptocurrency in the top 20 reported gains …

Input Output Hong Kong, or IOHK, is helping the government of Ethiopia leverage blockchain technology to overhaul its education system. The research and development arm behind Cardano is deploying its expertise to provide Ethiopian authorities with a new system for student and teacher identification, digital grade verification and the remote monitoring of school performance. IOHK’s Atala PRISM ID will allow authorities to create a tamper-proof record of educational performance for five million students across 3,500 schools. It will also enable the Ethiopian government to narrow down locations and causes of educational under-achievement. John O’Connor, the director of IOHK’s Africa Operations …