Today December 02
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Cardano & Crypto News


IOHK Secret 20 Million CFund

Hopefully you’ve heard of Project Catalyst, an experiment that is owned and run by the Cardano community. It is funded by the Cardano Treasury and its purpose is to support growth and development of the Cardano ecosystem. Perhaps you’ve also heard of EMURGO, which provided some early funding for the development of Cardano. Now there’s something new in the mix: earlier this summer, IOG (then IOHK) quietly launched cFund.

CFund is a traditional “early-stage sector-agnostic venture firm in the Blockchain industry” according to the website. Cardano founder Charles Hoskinson and IOG CFO Jeff Pollack sit on the board of cFund. The fund itself is being managed by Wave Financial, based in London and Los Angeles. Both IOG and Wave Financial contributed to the $20M seed. The goal of the firm is to back BIG, ambitious projects that are building on Cardano. They are looking to bring “world-changing ideas and solutions to market” quickly.

One of the first projects to be backed by the fund was COTI. COTI is a venture which aims to raise crypto to the same levels of…


New Cardano Partnership = Exciting future for your phone!

At the Cardano Summit in September 2021, Cardano founder Charles Hoskinson announced a new partnership with Dish Network. This news holds tangible and exciting potential for all of us.

Dish Network built its reputation as a satellite TV company starting in the 1980s, but the legacy tech company has recently positioned itself to grow into the new millennium. They have mounted an aggressive acquisitions and partnership strategy that is laser-focused on the cutting edge of technology and consumer demand. Their recent acquisitions include Boost mobile as well some smaller mobile networks. They have also entered into partnership agreements with cell tower providers, Amazon, Dell and more. Their plan is to emerge as a leader in the 5G network marketplace, with…


Twitter's iPhone users can now tip author in Bitcoin

If you are a regular Twitter user, this is no news to you. For everyone else: on September 23rd, Twitter announced that iPhone users…


Cardano launches Smart Contracts; What does it mean?

On September 12 at 21:44:51 UTC the Cardano blockchain crossed over from epoch 289 to 290. At that moment, the ecosystem entered the long…


Ideafest! Come meet over 70 Catalyst Proposals and the humans behind them!

This Saturday starting at 15:00 UTC, the Cardano community will get a chance to hear from dozens of Project Catalyst 6 proposal teams! Teams…


ShapeShift is Decentralizing

In the coming year, a company of about 65 people and 6.5 Million USD in revenue will relinquish control of its future to its…


Cardano launches support for smart contracts on testnet

On August 2nd, 2021, Cardano enabled smart contracts in their public test network. The concept of “Smart Contracts” goes back to the 1990s. It…


Cardano ADA coming to a bank near you!

In July month, the Cardano Foundation released a 36 minutes video outlining their plans for the next five years. They outlined five areas of…


Amazon to start accepting Crypto: Including Cardano

In late July 2021, exciting clues emerged that Amazon is getting ready to join the blockchain revolution. Rumors started to swirl when the company…


Project Catalyst reaches 200,000 plus voters

On July 2, the Cardano Project Catalyst team posted the final voting results for “Fund 4”. According to the project’s website: **“Project Catalyst is…


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