Charles Hoskinson, co-founder of the Cardano blockchain network, said he is considering acquiring CoinDesk, the media arm of the struggling Digital Currency Group, saying journalistic integrity needs to be restored to reporting on cryptocurrencies and blockchain. CoinDesk is reportedly exploring a sale. See related article: DCG’s crypto lender Genesis files for bankruptcy Fast facts “My interest on the media side is more broad… I would like to figure out how to get to journalistic… Source link
Read More »Cardano, Tron sink as Etoro slaps limits on both, citing ‘evolving’ cryptocurrency debate
Cryptocurrencies Cardano (ADA) and TRON (TRX) sank on Wednesday, following a decision by online trading platform eToro to delist the digital coins on its platform — a move that left crypto market watchers flummoxed. TRON tumbled by over 5% on the day, while Cardano has sold off by over 8%, according to market data. In a terse statement, the exchange based its decision on unspecified regulatory reasons, but it comes at a time when authorities are moving to exert more control over the crypto… Source link
Read More »Grayscale Makes Cardano (ADA) its Third-Largest Holding
Grayscale has announced that it has updated its Digital Large Cap Fund to include Cardano (ADA) Grayscale has announced that it has added Cardano (ADA) to its large cap fund. The ADA holdings now make it the third-largest holding in the fund, behind bitcoin and ethereum. The company exposure to ADA is currently 4.26%. With bitcoin making up 67.47% and ethereum making up 25.39%. In fourth place is bitcoin cash with 1.03%. In an announcement on Twitter, Grayscale commented on the addition of ADA,… Source link
Read More »Cardano And Polygon Skyrocket To New All-Time Highs As Investors Seek Elon Musk’s Next Favorite Crypto
Bloomberg Iran Gears Up for Return to Oil Market as U.S. Talks Advance (Bloomberg) — Iran is preparing to ramp up global oil sales as talks to lift U.S. sanctions show signs of progress. But even if a deal is struck, the flow of additional crude into the market may be gradual.State-controlled National Iranian Oil Co. has been priming oil fields — and customer relationships — so it can increase exports if an accord is clinched, officials said. Under the most optimistic estimates, the country… Source link
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