Blazing fast, feature-rich, secure, beautiful web and extension Cardano wallet



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Typhon Wallet

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<p>The eighth largest cryptocurrency by market cap, <a href="https://watcher.guru/news/?s=cardano" target="_blank">Cardano</a> (ADA), stands as a beacon of stability and innovation. In a recent tweet by a renowned ADA enthusiast known as Cardano Whale, the spotlight has once again shifted toward this blockchain. Let’s delve into the key reasons why the blockchain deserves the attention of institutional and traditional finance (tradfi) players, as suggested by Cardano Whale.</p>
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<blockquote><div><p>1/More institutional and tradfi money is bound to find its way into crypto soon</p><p>Now might be a good time to recap why Cardano exposure is a worthwhile idea to explore for them</p><p>The mantra of the majors and every VC coin is repeated to them ad nauseam, but where does <a target="_blank" href="https://twitter.com/search?q=%24ADA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ADA</a> fit in?</p></div>— ADA whale (@cardano_whale) <a target="_blank" href="https://twitter.com/cardano_whale/status/1746065924564865382?ref_src=twsrc%5Etfw">January 13, 2024</a></blockquote>
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<p>At the core of the blockchain’s philosophy are principles like the blockchain trilemma and inclusive accountability. Its open-source full-node wallet is permissionless and trustless, with a relatively small ledger size compared to other well-known chains.</p>
<p><strong>Also read: <a href="https://watcher.guru/news/solana-spikes-amidst-market-volatility-how-high-can-sol-go" target="_blank">Solana Spikes Amidst Market Volatility: How High Can SOL Go?</a></strong></p>
<h2 id="h-cardano-ada-programmable-proof-of-stake-pos"><strong>Cardano ADA Programmable Proof-of-Stake (PoS)</strong></h2>
<p>Cardano employs a PoS protocol called Ouroboros, utilizing extended UTxO (eUTxO) and Nakamoto consensus. This innovative approach combines the best elements of PoS and Bitcoin, offering resilience and advantages in terms of security and scalability.</p>
<p>The forthcoming Ouroboros Genesis upgrade brings dynamic availability to Cardano, enhancing stability and reducing trust assumptions. </p>
<p>Cardano’s treasury, currently worth 1.5 billion <a href="https://watcher.guru/news/?s=ADA" target="_blank">ADA </a>(approximately $0.8 billion), plays a pivotal role in funding community-driven initiatives like Catalyst. It is set to be put under community control, ensuring future development and economic sustainability.</p>
<p><strong>Also read: <a href="https://watcher.guru/news/binance-coin-bnb-mid-january-price-prediction" target="_blank">Binance Coin (BNB) Mid-January Price Prediction</a></strong></p>
<h2 id="h-decentralization-and-scaling-solutions"><strong>Decentralization and scaling solutions</strong></h2>
<p>Cardano’s robust decentralization efforts have resulted in a low attack vector, backed by a visible community. Furthermore, the blockchain is actively addressing scaling challenges through parameter adjustments, network efficiency enhancements, and innovations like Hydra.</p>
<p>The ADA ecosystem is flourishing, with projects spanning DeFi, books, music, telecom, oracles, games, privacy, and storage. The native token market is witnessing significant growth, comparable to the ERC20 ecosystem.</p>
<p><strong>Also read: <a href="https://watcher.guru/news/why-bitcoin-is-dumping-after-spot-etf-approval" target="_blank">Why Bitcoin is Dumping After Spot ETF Approval?</a></strong></p>
<p>Users can choose from a variety of wallets, like Daedalus, Vespr Wallet, Mantium Wallet, Typhon Wallet, and more. The Cardano DApp landscape is vast, including Book.io, DexHunter.io, Iagon, OptimFi, and AxoTrade, catering to a wide range of needs.</p>
<p>In conclusion, Cardano’s steadfast commitment to academic excellence, inclusivity, and technological innovation makes it a promising option for institutional and traditional finance players looking to explore.</p>
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<div><ul><li><a target="_blank" href="https://watcher.guru/news/tag/cardano">Cardano</a></li><li><a target="_blank" href="https://watcher.guru/news/tag/cardano-ada">Cardano ADA</a></li></ul></div> 
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Watcher Guru

Cardano: Why Institutions And Traditional Finance Can't Ignore ADA

<p style="margin-left:0px;">Scammers, hackers, and other malicious users usually get very good at moving funds around multiple wallets in very confusing ways to hide their identity. This can make it hard to tell if you’re interacting with a legitimate user or a scammer attempting to steal your assets. It often requires hours of work from professional blockchain sleuths to track down the source of a scam.</p><p style="margin-left:0px;">Experienced users can use a blockchain explorer such as <a href="https://cardanoscan.io/">Cardanoscan</a> to track all these complex transactions, but that requires an understanding of UTxOs and Cardano accounts. That knowledge gap exposes average web3 users to scams that could otherwise be prevented.</p><p style="margin-left:0px;">TapTools and SecurityBot have teamed up to make it easier to stay safe while navigating Web3. TapTools has integrated ScamSearch, SecurityBot’s web3 background check tool, into their Wallet Profiler feature. Here’s how this new partnership makes your life easier.</p><h2 style="margin-left:0px;"><strong>What is ScamSearch?</strong></h2><p style="margin-left:0px;"><a href="https://securitybot.info/search">ScamSearch</a> is SecurityBot’s free web3 background check tool, allowing users to find out if a Cardano wallet is associated with a known scammer. ScamSearch utilizes SecurityBot’s extensive network of known Discord scammers and compares it against several of the largest collections of wallet/Discord connections in the ecosystem.</p><p style="margin-left:0px;">Users are marked as known scammers through reports from the SecurityBot community. Staff members from protected communities can flag users as scammers. Once a user receives flags from multiple communities, they are marked as a known scammer.</p><p style="margin-left:0px;">ScamSearch has been integrated into other web3 dApps such as Typhon Wallet and Mercurychat, making Cardano a safer place for everyone outside of just the Discord ecosystem.</p><p style="margin-left:auto;">&nbsp;</p><h2 style="margin-left:0px;"><strong>What is TapTools?</strong></h2><p style="margin-left:0px;"><a href="https://taptools.io/">TapTools</a> is a comprehensive DeFi andNFT analytics platform that helps you manage your Cardano native assets. It provides lots of features for Cardano traders such as advanced price charts, portfolio tracking, trade histories, and more. One of their most popular features is the Wallet Profiler which provides insights into Cardano wallets in an easily digestible way. TapTools has exploded in popularity in recent weeks with the Cardano DeFi hype in full swing, becoming one of the most popular dApps in the Cardano ecosystem.</p><h2 style="margin-left:0px;"><strong>TapTools integrates ScamSearch</strong></h2><p style="margin-left:0px;">TapTools has integrated ScamSearch into the Wallet Profiler to make it very simple to track a scammer’s activity. The Wallet Profiler will now display a warning icon if you’re visiting a known scammer’s profile.</p><p style="margin-left:auto;"><img src="https://storage.googleapis.com/securitybot-static-web-files/article-images/become-a-crypto-detective-how-to-track-scammer-activity-with-taptools-and-securitybot/wallet-profiler-scammer.jpg" alt="Wallet Profile of a known scammer displaying a warning icon.">Wallet Profile of a known scammer displaying a warning icon.</p><p style="margin-left:0px;">This alone is very helpful, but combined with the associated wallets feature, it becomes extremely powerful. With TapTools users can very easily follow the movement of scammed funds and learn what other wallets are associated with a scam. This makes advanced scam investigations much easier and helps prevent future attacks. The days of drawing complex webs of transactions and wallets are over.</p>

Cardano Feed

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Become a Crypto Detective: Track Scammers Like a Pro with TapTools

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<p><span>Strica, a company working on solutions and use cases for the <a target="_blank" title="Cardano" href="https://www.cryptobreaking.com/go/cardano/">Cardano</a> blockchain, <a href="https://medium.com/@StricaHQ/introducing-warp-transactions-689d3e1339c7" target="_blank">unveiled a new feature</a> for the smart contract platform via their wallet, Warp Transactions.  According to an official press release, described as a “game changer for token transfers,” Warp Transactions were created to ease the burden of transaction fees paid when sending assets on this network. </span></p>
<h2><span>Cardano New Feature Eliminates Sender Fees, But There Is A Clause</span></h2>
<p><span>Usually, on <a href="https://www.newsbtc.com/news/cardano-ada-price-nears-a-pivotal-shift-a-breach-into-the-0-3-level/" target="_blank">Cardano</a>, every token transfer demands the sender to pay a minimum fee of 1.14 <a target="_blank" title="Cardano" href="https://www.cryptobreaking.com/go/cardano/">ADA</a> to secure against network attacks. However, the Warp Transaction now offers an alternative for this mechanism.</span></p>
<p><span>Warp Transactions are based on the Unspent Transaction Output (UTXO) model. UTXOs refer to the small amount of digital currency after one executes a transaction. </span></p>
<p><span>Now, Warp Transactions are considered a type of UTXO transaction. They use the receiver address’s UTXOs to cover the minimum <a target="_blank" title="Cardano" href="https://www.cryptobreaking.com/go/cardano/">ADA</a> fee required to process transactions on the <a target="_blank" title="Cardano" href="https://www.cryptobreaking.com/go/cardano/">Cardano</a> network.</span></p>
<p><span>However, there is a clause that this new feature employs a multi-signature function. Therefore, the receiver and sender must sign off for any transaction to be completed and published on the blockchain.</span></p>
<p><span>Furthermore, while Warp Transactions may mark a new era for the <a target="_blank" title="Cardano" href="https://www.cryptobreaking.com/go/cardano/">ADA</a> community, this feature is only available for users of the Typhon Wallet. </span></p>
<p><span>Whenever a Warp Transaction is initiated, the receiving address is notified and given 24 hours to accept or reject the transaction.  </span><span>During this period, the tokens are moved from the sender’s wallet and are locked in a mempool, which acts as a “holding area” till the receiver approves or cancels the transaction. This mempool is managed by the backend of the Typhon Wallet. </span></p>
<h2><span>ADA Struggles For Market Breakout</span></h2>
<p><span>In other news, <a target="_blank" title="Cardano" href="https://www.cryptobreaking.com/go/cardano/">ADA</a>, native token of the <a target="_blank" title="Cardano" href="https://www.cryptobreaking.com/go/cardano/">Cardano</a> network, has been moving sideways over the last few days. According to data from <a target="_blank" title="CoinMarketCap" href="https://www.cryptobreaking.com/go/coinmarketcap/">CoinMarketCap</a>, the altcoin has been stuck in a market ranging between $0.25 and $0.26 price zone since the start of September. </span></p>
<p><span>Before this market consolidation, <a target="_blank" title="Cardano" href="https://www.cryptobreaking.com/go/cardano/">ADA</a> had been on a <a href="https://www.newsbtc.com/analysis/ada/ada-price-plunges-0-275-support/" target="_blank">downtrend</a>, losing about 12.9% of its value in August. </span><span>According to <a href="https://coincodex.com/crypto/cardano/price-prediction/" target="_blank">data from Coincodex</a>, the general sentiment around <a target="_blank" title="Cardano" href="https://www.cryptobreaking.com/go/cardano/">ADA</a> remains bearish, with a Fear and Greed index of 41. </span></p>
<p><span>However, the prediction team projects that <a target="_blank" title="Cardano" href="https://www.cryptobreaking.com/go/cardano/">ADA</a> will maintain its ranging market for now, reaching around 0.261 in the next five days. </span><span>At the time of writing, <a target="_blank" title="Cardano" href="https://www.cryptobreaking.com/go/cardano/">ADA</a> trades around $0.256 with a 1.09% loss in the last day based on <a href="https://coinmarketcap.com/currencies/cardano/" target="_blank">data from CoinMarketCap</a>. The token’s trading volume is also down by 7.92% and is now valued at $104.7 million. </span></p>
<p><img src="https://www.tradingview.com/x/4WDnt10U/" alt="Cardano" /></p>
<pre>ADA trading at $0.2557 on the daily chart | Source: <a href="https://www.tradingview.com/chart/xg17RJqK/" target="_blank">ADAUSDT chart on Tradingview.com</a></pre>
<p>Featured image from The Independent, chart from <a target="_blank" title="TradingView" href="https://www.cryptobreaking.com/go/tradingview/">Tradingview</a>.</p>
<p> Source: NewsBTC.com</p>
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<li><a href="https://www.cryptobreaking.com/submit-a-press-release/" target="_blank">Submit your press release on this website</a></li>
<li><a href="https://www.cryptobreaking.com/advertise/" target="_blank">Advertise on our website</a></li>
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<li><a href="https://www.cryptobreaking.com/go/ledger/" target="_blank">Buy a Ledger crypto hardware wallet</a></li>
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Crypto Breaking

Cardano Announces Warp Transactions, ADA Remains Stuck In Ranging Market | Crypto Breaking News

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 <p><span>Strica, a company working on solutions and use cases for the Cardano blockchain, <a href="https://medium.com/@StricaHQ/introducing-warp-transactions-689d3e1339c7" target="_blank">unveiled a new feature</a> for the smart contract platform via their wallet, Warp Transactions.  According to an official press release, described as a “game changer for token transfers,” Warp Transactions were created to ease the burden of transaction fees paid when sending assets on this network. </span></p>
<h2><span>Cardano New Feature Eliminates Sender Fees, But There Is A Clause</span></h2>
<p><span>Usually, on <a href="https://www.newsbtc.com/news/cardano-ada-price-nears-a-pivotal-shift-a-breach-into-the-0-3-level/" target="_blank">Cardano</a>, every token transfer demands the sender to pay a minimum fee of 1.14 ADA to secure against network attacks. However, the Warp Transaction now offers an alternative for this mechanism.</span></p>
<p><span>Warp Transactions are based on the Unspent Transaction Output (UTXO) model. UTXOs refer to the small amount of digital currency after one executes a transaction. </span></p>
<p><span>Now, Warp Transactions are considered a type of UTXO transaction. They use the receiver address’s UTXOs to cover the minimum ADA fee required to process transactions on the Cardano network.</span></p>
<p><span>However, there is a clause that this new feature employs a multi-signature function. Therefore, the receiver and sender must sign off for any transaction to be completed and published on the blockchain.</span></p>
<p><span>Furthermore, while Warp Transactions may mark a new era for the ADA community, this feature is only available for users of the Typhon Wallet. </span></p>
<p><span>Whenever a Warp Transaction is initiated, the receiving address is notified and given 24 hours to accept or reject the transaction.  </span><span>During this period, the tokens are moved from the sender’s wallet and are locked in a mempool, which acts as a “holding area” till the receiver approves or cancels the transaction. This mempool is managed by the backend of the Typhon Wallet. </span></p>
<h2><span>ADA Struggles For Market Breakout</span></h2>
<p><span>In other news, ADA, native token of the Cardano network, has been moving sideways over the last few days. According to data from CoinMarketCap, the altcoin has been stuck in a market ranging between $0.25 and $0.26 price zone since the start of September. </span></p>
<p><span>Before this market consolidation, ADA had been on a <a href="https://www.newsbtc.com/analysis/ada/ada-price-plunges-0-275-support/" target="_blank">downtrend</a>, losing about 12.9% of its value in August. </span><span>According to <a href="https://coincodex.com/crypto/cardano/price-prediction/" target="_blank">data from Coincodex</a>, the general sentiment around ADA remains bearish, with a Fear and Greed index of 41. </span></p>
<p><span>However, the prediction team projects that ADA will maintain its ranging market for now, reaching around 0.261 in the next five days. </span><span>At the time of writing, ADA trades around $0.256 with a 1.09% loss in the last day based on <a href="https://coinmarketcap.com/currencies/cardano/" target="_blank">data from CoinMarketCap</a>. The token’s trading volume is also down by 7.92% and is now valued at $104.7 million. </span></p>
<p><img src="https://www.tradingview.com/x/4WDnt10U/" alt="Cardano" /></p>
<pre>ADA trading at $0.2557 on the daily chart | Source: <a href="https://www.tradingview.com/chart/xg17RJqK/" target="_blank">ADAUSDT chart on Tradingview.com</a></pre>
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<p>Featured image from The Independent, chart from Tradingview.</p>
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		<p><img alt="Semilore Faleti" src="https://secure.gravatar.com/avatar/63bda068e88f86c9f4310ed993d60b1b?s=80&amp;d=mm&amp;r=g" srcset="https://secure.gravatar.com/avatar/63bda068e88f86c9f4310ed993d60b1b?s=160&amp;d=mm&amp;r=g 2x" />		</p>
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				Semilore Faleti is a cryptocurrency writer and analyst that works for NewsBTC, providing insights into the latest developments in the cryptocurrency world. 
With articles featured in other prominent publications such as Coinmash and Bitcoinist, Semilore has a known passion for covering the growing impact of blockchain technology in the global financial world.
Beyond his professional work, Semilore has a deep interest in music and politics. He enjoys discovering new artists, attending concerts and music festivals, and closely following global affairs and issues of social justice and equality.
You can follow Semilore on Twitter @SemiloreFaleti.			</p>
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