Cardano Foundation Held $478M in Assets in 2023

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

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

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 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 […]