Altcoins
Reading time: ~2 m
Cardano’s Input Output R&D team completed several important developments related to key projects this week. Faced with some issues related to network issues, the ADA team is taking steps to resolve them. Apparently, the crypto community is positive about the current trend, since Cardano quotes rose by 1% in an hour.
The Input Output core technology group has been working on node, network, and registry improvements. This month, the network encountered several problems, but the specialists quickly eliminated them. The Lace wallet has been added to the Cardano-js-sdk backend with the ability to import multicast wallets like Daedalus. Clients can now send and verify transactions on their Hydra nodes. Work is also underway to integrate the standalone emulator with Atlas and Haskell.
ADA is currently trading above the key $0.33 support level. The quotes of the coin for 24% grew by more than 1%, against which the coin reached $0.36.
The move mainly came after the IOHK team announced various key developments completed this week.
Earlier, the Crypto.ru editors reported: representatives of the mining corporation Coinmint informed the public that 2 firms carried out a carefully planned fraud, against which the company’s management ratified an agreement in the amount of $150 million. At the moment, Coinmint is demanding compensation for $23 and is filing a corresponding lawsuit.
It was noted that organizations Katena Computing and DX Corr implemented an unauthorized plan to earn money. But after signing the contract, they did not fulfill their obligations. Lawyers for Coinmint reported that the firm suffered serious losses amid these events.
#Cardano #completed #important #developments #week
