Cardano Foundation Held $478M in Assets in 2023

In 2023, the Cardano Foundation reported $467.24 million in assets and fund allocation across key areas. In the year 2023, the Cardano Foundation, which is a charitable organization that works to advance the Cardano ecosystem, reported having assets that brought the total to around $478 million. On November 13, the Cardano Foundation released its 2023 […]
Cardano Foundation Unveils PRAGMA for Open-Source Project

The Cardano Foundation and four partners unveil PRAGMA, a non-profit promoting open-source blockchain projects. It aims to foster collaboration and development in the blockchain community. PRAGMA is a new not-for-profit organization established by the Cardano Foundation, Blink Labs, dcSpark, Sundae Labs, and TxPipe to promote open-source blockchain software initiatives. PRAGMA was announced in collaboration with […]
Cardano Denies Abandoning Layer-2 Project Hydra

Charles Hoskinson, co-founder of Cardano, has dispelled allegations that it had abandoned the network’s Hydra layer-2 scaling initiative, saying it is just pure FUD. The IOHK CEO confirmed to X on March 18 that the project’s developers had not abandoned it. “I am seeing videos that purport Hydra has been abandoned,” he stated, adding, “That […]
Cardano Foundation Partners With The University Of Zurich To Expand Blockchain Research

Cardano Foundation aims to provide more insights for the university to conduct further research on blockchain-related topics. Cardano Foundation, a non-profit organization, has announced a three-year agreement with the University of Zurich’s Blockchain Center (UZH BCC) to further research efforts and explore blockchain education development. The foundation will collaborate with the Blockchain and Distributed Ledger […]
