Cointime

Download App
iOS & Android

Cardano Foundation Reports No Impact from Industry Risk Events in 2022, Thanks to Holding ADA and BTC

Cointime Official

April 22 (Cointime) - The Cardano Foundation has launched its inaugural Annual Report. The firm says it was not directly affected by industry risk events throughout 2022. The Foundation allocates its assets to robust counterparties and predominantly holds its ADA($322 million) and BTC($19 million) in cold storage solutions. A portion of the assets are held with Swiss crypto custodians and Swiss banks.

Source: https://cardanofoundation.org/pdf/cf-annual-report-2022.pdf

As of December 31, 2022, the Carnado blockchain network has achieved 3.83 million wallets on the network, and 1.25 million delegated wallets. Additionally, there are currently 4,705 Plutus scripts active on the network.

In terms of asset creation, the Carnado network has a total of 7,431,265 assets minted so far, 4,775,817 are native to the Carnado network. 

Source: https://cardanofoundation.org/pdf/cf-annual-report-2022.pdf
Comments

All Comments

Recommended for you

  • ETH breaks $3,000

     the market shows ETH breaking through $3000, currently at $3002.51, with a 24-hour increase of 2.19%. The market is highly volatile, please manage your risk accordingly.

  • BTC breaks through $89,000

    the market shows BTC breaking through $89,000, currently at $89,017.66, with a 24-hour increase of 1.03%. The market is highly volatile, please manage your risk accordingly.

  • BTC breaks through $88,500

     the market shows BTC breaking through $88,500, currently at $88,549.08, with a 24-hour increase of 0.69%. The market is highly volatile, please manage your risks accordingly.

  • Nasdaq-listed Mangoceuticals plans to launch a $100 million SOL digital asset treasury.

     Nasdaq-listed company Mangoceuticals announced it will cooperate with Cube Group to establish a subsidiary, Mango DAT, to advance the strategy of building a $100 million SOL digital asset treasury (DAT). The related funds will be raised through an ATM financing plan and the sale of common stock. It is reported that the company has also submitted a "MULTI-DAT" trademark application to the United States Patent and Trademark Office to promote a series of strategic digital asset and DeFi plans.

  • BTC breaks through $88,000

    the market shows BTC breaking through $88,000, currently at $88,016.61, with a 24-hour increase of 1.59%. The market is highly volatile, please manage your risk accordingly.

  • BTC breaks through $87,000

    the market shows BTC breaking through $87,000, currently at $87,010.23, with a 24-hour increase of 0.74%. The market is highly volatile, please manage your risk accordingly.

  • CryptoQuant: The number of active Bitcoin wallets has fallen to its lowest point in the past year.

    according to CryptoQuant statistics, the number of active Bitcoin wallets has dropped to the lowest point in the past year.

  • BTC falls below $67,000

    market shows BTC has fallen below $67,000, currently reporting at $66,987.51, with a 24-hour increase of 0.41%. The market is experiencing significant fluctuations, please be prepared for risk control.

  • BTC breaks through $67,000

    the market shows BTC has broken through $67,000 and is currently trading at $67,011.99, with a 24-hour decline of 0.26%. The market is volatile, so please be prepared to manage risks.

  • Crypto Options Traders Bet on Bitcoin to Reach Fresh Highs by End of November

    According to Bloomberg, options traders in the crypto market are increasingly betting on bitcoin reaching new highs by the end of November. The $75,000 strike price has the highest open interest for options expiring on November 8, indicating a significant area of focus for the market during that time. Despite the upcoming U.S. presidential election, some traders believe that bitcoin will surpass its previous highs in the coming weeks. The rise in stablecoin liquidity and bitcoin transactions in October may contribute to this bullish sentiment.