Yoroi is a light wallet for Cardano. It’s simple, fast and secure. Yoroi is an Emurgo product, engineered by IOHK. And it follows best practices for software in the industry including a comprehensive security audit. Daedalus and Yoroi are complements to what they try to achieve. Yoroi looks to be a day to day wallet for a Cardano user.

EMURGO drives the adoption of Cardano and adds value to ADA holders by building, investing in, and advising projects or organizations that adopt Cardano’s decentralized blockchain ecosystem.

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Yoroi Wallet

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								<p>Yoroi Wallet, a leading light wallet for Cardano, has partnered with Bring, a white-label crypto cashback platform. This collaboration aims to bridge the gap between the Cardano community and global retail, allowing users to earn ADA as cashback rewards when shopping with over 775 international retailers.</p>
<p>The upcoming integration will enable Yoroi Wallet users to receive up to 10% cashback in ADA when they shop with renowned brands such as Vaio, JBL, StockX, Samsonite, and Nubul. Users can make purchases using their credit cards or other preferred payment methods. The process is designed to be user-friendly: with a simple click on the wallet popup during checkout, users can activate the cashback feature and start accumulating ADA passively.</p>
<blockquote>
<p>Exciting News for <a href="https://twitter.com/hashtag/Cardano?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank">#Cardano</a>!</p>
<p>We are is partnering with <a href="https://twitter.com/BringWeb3?ref_src=twsrc%5Etfw" target="_blank">@BringWeb3</a>, the first white-label crypto cashback platform, to allow users to passively accumulate ADA through shopping rewards!</p>
<p>💳 Users will be able to earn ADA “cashback” while shopping with over 775 global retailers <a href="https://t.co/5FcgeWBfW5" target="_blank">https://t.co/5FcgeWBfW5</a> <a href="https://t.co/RkLEYquPvK" target="_blank">pic.twitter.com/RkLEYquPvK</a></p>
<p>— Yoroi W₳llet (@YoroiWallet) <a href="https://twitter.com/YoroiWallet/status/1848381928962937118?ref_src=twsrc%5Etfw" target="_blank">October 21, 2024</a></p></blockquote>
<p>“This integration offers a truly seamless, rewarding experience,” stated Vineeth Bhuvanagiri, Managing Director at EMURGO, the company behind Yoroi Wallet. “Our collaboration with Bring is an exciting development in the world of crypto rewards, creating a new avenue for Yoroi Wallet’s ADA <a href="https://bitcoinist.com/cardano-founder-crucial-info-must-read-ada-holders/" target="_blank">holders</a> to benefit from their assets through qualified shopping purchases at some of the most recognized brand names.”</p>
<p>Bring’s CEO, Meir (Iri) Zohar, emphasized the strategic importance of the partnership: “Collaborating with Yoroi is a key step toward expanding the reach of our platform and offering users more value. Together, we are unlocking the potential of blockchain technology for mainstream users, making it easier to earn and spend ADA in real-world transactions. We believe this collaboration will accelerate the adoption of Cardano within the <a href="https://bitcoinist.com/bitcoin-retail-investors-returning-to-the-market-metrics-show-increasing-demand/" target="_blank">retail sector</a>.”</p>
<p>Bring is the creator of the world’s first white-label crypto cashback service for web3 wallets and exchanges. By partnering with Bring, wallets and exchanges enable their users to earn a variety of cryptocurrencies, including ADA, as cashback from over 775 retailers spanning fashion, electronics, jewelry, travel, software, home decor, beauty, and more.</p>
<p>The partnership is a significant stride for the Cardano ecosystem. By integrating the ADA blockchain technology into everyday shopping experiences, the collaboration connects the decentralized platform with traditional commerce.</p>
<p>This innovative initiative has been bolstered by the Cardano <a href="https://bitcoinist.com/cardano-project-catalyst-unveils-50m-ada-funding/" target="_blank">Catalyst program</a>, which provided a grant facilitating Bring’s expansion into the Cardano ecosystem. The Catalyst program is dedicated to empowering projects that drive mainstream adoption of Cardano.</p>
<p>The integration between Yoroi Wallet and Bring is expected to go live later this year, marking a new chapter for ADA holders seeking to maximize their assets. By connecting the digital currency with real-world retail opportunities, the partnership offers a practical use case for ADA and enhances its utility in everyday transactions.</p>
<p>At press time, ADA traded at $0.3621.</p>
<figure><img src="https://bitcoinist.com/wp-content/uploads/2024/10/ADAUSDT_2024-10-22_13-56-52.png?resize=1024%2C473" alt="Cardano price" srcset="https://bitcoinist.com/wp-content/uploads/2024/10/ADAUSDT_2024-10-22_13-56-52.png?w=3628 3628w, https://bitcoinist.com/wp-content/uploads/2024/10/ADAUSDT_2024-10-22_13-56-52.png?w=640 640w, https://bitcoinist.com/wp-content/uploads/2024/10/ADAUSDT_2024-10-22_13-56-52.png?w=768 768w, https://bitcoinist.com/wp-content/uploads/2024/10/ADAUSDT_2024-10-22_13-56-52.png?w=980 980w, https://bitcoinist.com/wp-content/uploads/2024/10/ADAUSDT_2024-10-22_13-56-52.png?w=1536 1536w, https://bitcoinist.com/wp-content/uploads/2024/10/ADAUSDT_2024-10-22_13-56-52.png?w=2048 2048w, https://bitcoinist.com/wp-content/uploads/2024/10/ADAUSDT_2024-10-22_13-56-52.png?w=750 750w, https://bitcoinist.com/wp-content/uploads/2024/10/ADAUSDT_2024-10-22_13-56-52.png?w=1140 1140w, https://bitcoinist.com/wp-content/uploads/2024/10/ADAUSDT_2024-10-22_13-56-52.png?w=3000 3000w" /><figcaption>ADA price stuck below the 100-day EMA, 1-day chart | Source: <a href="https://www.tradingview.com/x/GbXTvOI7/" target="_blank">ADAUSDT on TradingView.com</a></figcaption></figure>
<p>Featured image from Shutterstock, chart from TradingView.com</p>
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				Jake Simmons has been a Bitcoin enthusiast since 2016. Ever since he heard about Bitcoin, he has been studying the topic every day and trying to share his knowledge with others. His goal is to contribute to Bitcoin's financial revolution, which will replace the fiat money system. Besides BTC and crypto, Jake studied Business Informatics at a university. After graduation in 2017, he has been working in the blockchain and crypto sector. You can follow Jake on Twitter at @realJakeSimmons.			</p>
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Bitcoinist

Cardano Holders Can Now Earn Passive Income: Here's How

<div><p><strong>Your guide: How to Get Cardano Testnet Tokens</strong></p><p>Finding your way around the world of blockchains can be both exciting and scary. Especially for people who want to see what new platforms like Cardano can do. But the journey doesn’t have to be dangerous because Cardano has a <a target="_blank" href="https://en.wikipedia.org/wiki/Testnet">testnet</a>. This is a safe and controlled setting where developers, fans, and users can try out and test their ideas without putting real-world assets at risk.</p><p>So, if you’ve ever wondered, “How to Get Cardano Testnet Tokens?” you’re in luck. Today, we’ll cover this and more. Keep reading to learn more.</p><p><strong>Also read: <a target="_blank" href="https://watcher.guru/news/north-american-countries-start-applying-for-brics-membership">North American Countries Start Applying For BRICS Membership</a></strong></p><figure><img src="https://watcher.guru/news/wp-content/uploads/2024/10/Screen-Shot-2024-10-13-at-2.21.36-PM.jpg" alt="How to Get Cardano Testnet Tokens?" srcset="https://watcher.guru/news/wp-content/uploads/2024/10/Screen-Shot-2024-10-13-at-2.21.36-PM.jpg 866w, https://watcher.guru/news/wp-content/uploads/2024/10/Screen-Shot-2024-10-13-at-2.21.36-PM-300x195.jpg 300w, https://watcher.guru/news/wp-content/uploads/2024/10/Screen-Shot-2024-10-13-at-2.21.36-PM-768x500.jpg 768w, https://watcher.guru/news/wp-content/uploads/2024/10/Screen-Shot-2024-10-13-at-2.21.36-PM-230x150.jpg 230w, https://watcher.guru/news/wp-content/uploads/2024/10/Screen-Shot-2024-10-13-at-2.21.36-PM-260x170.jpg 260w, https://watcher.guru/news/wp-content/uploads/2024/10/Screen-Shot-2024-10-13-at-2.21.36-PM-380x247.jpg 380w, https://watcher.guru/news/wp-content/uploads/2024/10/Screen-Shot-2024-10-13-at-2.21.36-PM-550x358.jpg 550w, https://watcher.guru/news/wp-content/uploads/2024/10/Screen-Shot-2024-10-13-at-2.21.36-PM-800x521.jpg 800w" /></figure><h2 id="h-how-the-cardano-testnet-works">How the Cardano Testnet Works?</h2><p>There is a secondary blockchain network called the Cardano testnet that is meant to work like the Cardano mainnet, but without any risks. This testnet is very important for developers because it lets them try out new decentralized apps, smart contracts, and other blockchain-based solutions without worrying about losing real money.</p><p>You can check out the Cardano testnet to see what the platform can do, make sure your projects are safe, and make sure the switch to the mainnet goes smoothly when the time comes. Another great thing about the testnet is that it lets users get to know Cardano’s ecosystem, try out its features, and add to the platform’s growth and development.</p><p>You’ll need to get testnet tokens, which are the virtual cash used for testing, to interact with the Cardano testnet. Luckily, the Cardano community gives you a few different ways to get these tokens, and each has its pros and cons.</p><h2 id="h-this-is-the-official-cardano-testnet-faucet">This is the official Cardano testnet faucet</h2><p>For Cardano testnet tokens, the official Cardano Foundation faucet is the best and most secure place to get them. This platform makes it easy for users to get up to 10 ADA per wallet every 24 hours. This gives you a steady flow of testnet funds for your research and tests.</p><p>To get to the official stream, all you have to do is go to the website, make sure you have a testnet wallet that works with it (like Daedalus or Yoroi), and fill out a simple captcha. Tokens from the testnet will be added to your wallet right away, ready for you to use.</p><h2 id="h-different-cardano-testnet-feeds">Different Cardano Testnet Feeds</h2><p>The official Cardano faucet is the best way to get testnet tokens, but there are a few other sites that can also be used as sources. The Triangle faucet is one of these options. It gives people 1 ADA every 24 hours.</p><p>Additionally, by using the official Cardano faucet along with other platforms like Triangle, you can increase the number of testnet tokens you have, which will allow you to test and create more features. These multiple steps will make sure you have a lot of testnet funds, which will let you fully explore the Cardano environment.</p><figure><img src="https://watcher.guru/news/wp-content/uploads/2024/10/Screen-Shot-2024-10-13-at-2.21.27-PM.jpg" alt="How to Get Cardano Testnet Tokens?" srcset="https://watcher.guru/news/wp-content/uploads/2024/10/Screen-Shot-2024-10-13-at-2.21.27-PM.jpg 886w, https://watcher.guru/news/wp-content/uploads/2024/10/Screen-Shot-2024-10-13-at-2.21.27-PM-300x231.jpg 300w, https://watcher.guru/news/wp-content/uploads/2024/10/Screen-Shot-2024-10-13-at-2.21.27-PM-768x591.jpg 768w, https://watcher.guru/news/wp-content/uploads/2024/10/Screen-Shot-2024-10-13-at-2.21.27-PM-380x293.jpg 380w, https://watcher.guru/news/wp-content/uploads/2024/10/Screen-Shot-2024-10-13-at-2.21.27-PM-550x423.jpg 550w, https://watcher.guru/news/wp-content/uploads/2024/10/Screen-Shot-2024-10-13-at-2.21.27-PM-800x616.jpg 800w" /></figure><h2 id="h-getting-your-testnet-wallet-ready">Getting Your Testnet Wallet Ready</h2><p>You will need to set up a testnet wallet that works with Cardano before you can start getting and using testnet tokens. Daedalus and Yoroi are the two main choices that the Cardano community suggests. Both of them work well with the testnet setting.</p><p>To begin, just get the Daedalus or Yoroi wallet and install it. During the setup process, make sure you choose the testnet choice. This will make a separate wallet for the testnet from your mainnet wallet. You can safely store and control your testnet ADA in this wallet.</p><p>After setting up your testnet wallet, you can request and receive your testnet tokens on the official Cardano faucet or other sites. You can start using these coins right away in your testing and development work after they are added to your wallet.</p><h2 id="h-ask-for-more">Ask for more</h2><p>The standard Cardano testnet faucet gives each wallet 10 ADA every day. However, there may be times when you need a bigger testnet token balance, like when you’re testing how a stake pool works or when you’re doing a lot of protocol experiments.</p><p>When this happens, the Cardano ecosystem gives people a way to ask for more testnet tokens. There is a way for stake pool operators to get more testnet ADA from the Cardano Foundation for their pre-production or preview testnet operations.</p><p>If you want to ask for more testnet tokens, you might need to give specific details, like why you are testing, how many tokens you think you will need, and any important technical information. The Cardano Foundation may look over your request and give you the testnet funds you need to keep exploring and validating on a larger scale.</p><h2 id="h-looking-into-the-cardano-testnet">Looking into the Cardano Testnet</h2><p>Now that you have set up your testnet wallet and received your first set of tokens, you are ready to start your Cardano testnet trip. It’s possible to interact with the platform’s features, try out new ideas, and add to its ongoing development in this virtual world, which is great for developers, fans, and users alike.</p><p>The testnet is a safe place to improve your skills, make sure your ideas are good, and learn more about this new blockchain platform. You can use it to build decentralized applications (dApps), play around with smart contracts, or just learn more about the Cardano ecosystem.</p><p>Furthermore, there are a lot of tools and help available in the community as you use the Cardano testnet. Take part in online groups, talk to other developers, and read the latest Cardano news and updates to get the most out of your testnet experience.</p><figure><img src="https://watcher.guru/news/wp-content/uploads/2024/10/Screen-Shot-2024-10-13-at-2.22.16-PM.jpg" alt="How to Get Cardano Testnet Tokens?" srcset="https://watcher.guru/news/wp-content/uploads/2024/10/Screen-Shot-2024-10-13-at-2.22.16-PM.jpg 840w, https://watcher.guru/news/wp-content/uploads/2024/10/Screen-Shot-2024-10-13-at-2.22.16-PM-300x163.jpg 300w, https://watcher.guru/news/wp-content/uploads/2024/10/Screen-Shot-2024-10-13-at-2.22.16-PM-768x417.jpg 768w, https://watcher.guru/news/wp-content/uploads/2024/10/Screen-Shot-2024-10-13-at-2.22.16-PM-380x206.jpg 380w, https://watcher.guru/news/wp-content/uploads/2024/10/Screen-Shot-2024-10-13-at-2.22.16-PM-550x299.jpg 550w, https://watcher.guru/news/wp-content/uploads/2024/10/Screen-Shot-2024-10-13-at-2.22.16-PM-800x434.jpg 800w" /></figure><h2 id="h-changing-over-to-the-cardano-mainnet">Changing over to the Cardano Mainnet</h2><p>For many users, the ultimate goal is to safely move their projects and activities to the Cardano mainnet. The Cardano testnet is a great place to test and try new things. This smooth transition is important to make sure that your blockchain-based solutions will work in the real world and last for a long time.</p><p>As you try out the testnet, keep a close eye on the Cardano mainnet’s progress, roadmap, and any future changes or upgrades to the protocol. You’ll be better prepared to make the switch and get your projects running on the live Cardano blockchain if you stay up to date and make sure your work on the testnet matches what’s happening on the mainnet.</p><p>Don’t forget that the Cardano testnet is more than just a place to test. It’s also a way to get into the larger Cardano ecosystem, where your new ideas can grow and spread. You’ll have a more successful and meaningful journey on the Cardano mainnet if you learn how to get and use testnet coins properly.</p><p><strong>Also read: <a target="_blank" href="https://watcher.guru/news/brics-country-rejects-de-dollarization-embraces-the-us-dollar">BRICS Country Rejects De-Dollarization, Embraces the US Dollar</a></strong></p><h2 id="h-conclusion">Conclusion</h2><p>The Cardano testnet is a bright spot in the ever-changing world of blockchain. It lets developers, enthusiasts, and users discover, try new things, and push the limits of what’s possible. You can use the official Cardano faucet and other testnet token sources to get the most out of this cutting-edge platform. This will allow for groundbreaking apps and a more active Cardano community. Get ready to jump in, use the power of Cardano’s testnet, and let your imagination run wild. Happy exploring!</p></div>

Watcher Guru

How to Get Cardano Testnet Tokens?

Intersect

Intersect Development Update #26 - August 9th

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 <p><img src="https://coingape.com/wp-content/uploads/2024/05/Whats-Happening-With-Cardano-1.jpg" alt="Cardano Stablecoin USDA Encryptus EMURGO" srcset="https://coingape.com/wp-content/uploads/2024/05/Whats-Happening-With-Cardano-1.jpg 1200w, https://coingape.com/wp-content/uploads/2024/05/Whats-Happening-With-Cardano-1-300x200.jpg 300w, https://coingape.com/wp-content/uploads/2024/05/Whats-Happening-With-Cardano-1-768x512.jpg 768w, https://coingape.com/wp-content/uploads/2024/05/Whats-Happening-With-Cardano-1-150x100.jpg 150w, https://coingape.com/wp-content/uploads/2024/05/Whats-Happening-With-Cardano-1-272x182.jpg 272w" /></p>
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 <h2>Highlights</h2>
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 <li>Cardano's USDA stablecoin is set to launch soon under new ownership by Encryptus.</li>
 <li>Encryptus focuses on high-volume, secure, and efficient crypto transactions with competitive fees.</li>
 <li>USDA will offer global off-ramps, connecting emerging economies with developed ones.</li>
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<p>Cardano has once again caught the eyes of the crypto market enthusiasts with discussions soaring over its USDA stablecoin launch. Notably, the buzz over the development has further been amplified given the global push towards the stablecoin sector. In addition, the launch announcement also comes amid growing discussions on the EU’s Market in Crypto-Assets (MICA) regulation and its potential impact on the stablecoin sector.</p>
<p>In a recent announcement, the founding entity of <a href="https://coingape.com/cardano-hit-key-milestone-with-cip25-metadata-heres-what-it-means/" target="_blank">Cardano</a>, EMURGO, said that the USDA stablecoin is set to launch under new ownership. According to the update, Encryptus, a seasoned crypto team, will lead the USDA launch, with EMURGO continuing as a technology provider.</p>
<p>Notably, this development has sparked discussions in the cryptocurrency market. Besides, it also marks a significant milestone for Cardano, as <a href="https://www.emurgo.io/press-news/cardano-stablecoin-usda-to-resume-launch-under-new-ownership/" target="_blank">EMURGO</a> has previously faced challenges last year to launch the USDA coin.</p>
<p>Encryptus primarily focuses on high-volume crypto transactions, while aiming to offer secure and efficient services to the users. Besides, its trading desk model avoids intermediaries, while offering competitive fees and ensuring seamless transactions with local currency conversion options.</p>
<p>The project, founded in 2021, is also known for its compliance-focused approach. In addition, Encryptus holds a European license and VASP status in Lithuania. Their vast payout network spans more than 80 countries, which further bolsters the market confidence, the report added.</p>
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<p>Meanwhile, the collaboration between EMURGO and Encryptus is not new. They have previously worked together to integrate an off-ramp solution for ADA-to-fiat conversions in the <a href="https://coingape.com/cardano-ada-holders-should-note-this-crucial-yoroi-wallet-message/" target="_blank">Yoroi Wallet</a>. However, this new collaboration aims to further expand the Cardano ecosystem’s efficacy, making crypto transactions more accessible and efficient for the users.</p>
<p>Cardano stablecoin USDA is expected to build a strong future for the <a href="https://coingape.com/glossary/stable-coins/" target="_blank">stablecoin</a> sector. As a fully-backed stablecoin native to Cardano (ADA), USDA offers several features, while allowing users to conduct quick and cheap transfers.</p>
<p><strong>Also Read: <a href="https://coingape.com/senate-pushes-defense-secretary-austin-to-adopt-blockchain-for-military/" target="_blank">Senate Pushes Defense Secretary Austin To Adopt Blockchain For Military</a></strong></p>
<h2>What’s Next Amid Global Push For Stablecoins?</h2>
<p>The USDA launch by Encryptus promises exciting new features. Users will benefit from worldwide off-ramps, allowing them to buy Cardano’s USDA against widely used currencies. Besides, the off-ramping capabilities in over 80 countries will enhance the global reach of USDA.</p>
<p>Additionally, the Cardano stablecoin will connect emerging economies to developed ones, providing affordable liquidity and bridging the gap to traditional financial services. According to the latest announcement, Encryptus aims to simplify access to <a href="https://coingape.com/top-5-usa-web-3-companies-to-look-out-for-in-2023/" target="_blank">Web3</a>, empowering businesses and individuals who need to integrate <a href="https://coingape.com/glossary/blockchain/" target="_blank">blockchain</a> technology into their operations.</p>
<p>However, the development has fueled interest among crypto market enthusiasts. Encryptus has recently said that it has received a flurry of queries about the upcoming launch of Cardano’s USDA.</p>
<p>Commenting on that, Encryptus founder and CEO Shantnoo Saxena and EMURGO’s MD Vinneth Bhuvanagiri will host an X space on July 11, at 11 am ET. In this X space, the speakers will address the questions of the crypto as well as the Cardano community.</p>
<p>Meanwhile, the development comes amid a time when the global players are shifting their focus towards the stablecoin sector. Notably, USDC and EURC issuer <a href="https://coingape.com/circle-bags-micas-e-money-license-for-usdc-and-eurc/" target="_blank">Circle</a> has also unveiled several advancements recently, as the stablecoin buzz heightened with the EU’s <a href="https://coingape.com/bank-of-italy-braces-to-implement-eu-mica-regulation/" target="_blank">MiCA</a> regulation update.</p>
<p><strong>Also Read: <a href="https://coingape.com/breaking-invesco-galaxy-discloses-fee-for-spot-ethereum-etf-in-s-1-amendment/" target="_blank">Invesco Galaxy Reveals Fee For Spot Ethereum ETF In S-1 Amendment</a></strong></p>
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 <ul> <li><a target="_blank" href="https://coingape.com/cardano-usda-set-to-launch-amid-global-stablecoin-push/#TabA206650">About author</a></li>
 <li><a target="_blank" href="https://coingape.com/cardano-usda-set-to-launch-amid-global-stablecoin-push/#TabD206650">Disclaimer</a></li>
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 <p>
Rupam, a seasoned professional with 3 years in the financial market, has honed his skills as a meticulous research analyst and insightful journalist. He finds joy in exploring the dynamic nuances of the financial landscape. Currently working as a sub-editor at Coingape, Rupam's expertise goes beyond conventional boundaries. His contributions encompass breaking stories, delving into AI-related developments, providing real-time crypto market updates, and presenting insightful economic news. Rupam's journey is marked by a passion for unraveling the intricacies of finance and delivering impactful stories that resonate with a diverse audience. 
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 <p> The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.</p></div>
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