TrendsWide
Contact US
  • Home
  • Trending
  • Health
  • Life Style
  • NBA
  • Reviews
No Result
View All Result
TrendsWide
  • Home
  • Trending
  • Health
  • Life Style
  • NBA
  • Reviews
No Result
View All Result
TrendsWide
No Result
View All Result
Home Cryptocurrency

Binance to support Cardano (ADA) hard fork despite its current regulatory hurdle 2021

by souhaib
September 10, 2021
in Cryptocurrency
0
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter
ADVERTISEMENT


Cardano is currently only two days away from its hard fork that will result in the launch of smart contracts on its mainnet. After years of development, the project is about to make one of the most important moves in its history, and the event is highly anticipated.

As such, it has attracted all the biggest names in crypto, including Binance — the world’s largest exchange by market cap. According to the exchange, it plans to support the hard fork that Cardano (ADA/USD) will see over the weekend.


Are you looking for fast-news, hot-tips and market analysis?

Sign-up for the Invezz newsletter, today.

Binance announced its support of Cardano’s event yesterday, September 9th, via an official statement published on its website.

Details about the upgrade

According to what is known, the upgrade is expected to start on September 12th, at around 21:45 UTC. It will take place during epoch 290, and Binance will halt all deposits and withdrawals of ADA for a time — approximately 30 minutes before the hard fork starts. It should be noted that, while ADA withdrawals and deposits will be stopped during this time, trading itself should continue as normal.

Binance explained that it urged investors to leave sufficient time for deposits to be processed before they are disabled, and not to start the process at the last second, since this may result in the loss of funds due to technical issues. Another thing that was pointed out is the fact that the network upgrade and hard fork will not be creating any new tokens, so users don’t have to worry about potential hash wars.

Deposits and withdrawals will then return after Binance decides that the network is stable, and it will notify users once that happens.

As many likely know, Cardano has spent a long time testing the smart contracts on its testnet, and it even conducted a bug bounty event trying to find any potential issues. With all bugs now expected to be discovered and fixed, Cardano is preparing to take one of the most important steps in its lifetime.

Invest in crypto, stocks, ETFs & more in minutes with our preferred broker,

eToro






10/10

67% of retail CFD accounts lose money



Source link

You might also like

6 Fantastic Uses Of Cryptocurrency

Where to Buy ETH Online?

Identifying a Suitable Platform from Biggest Cryptocurrency Exchanges

Share this:

  • Twitter
  • Facebook
  • More
  • Pinterest
  • Telegram
  • Email
Share30Tweet19
Previous Post

Mastercard buys CipherTrace to ensure the safety of its crypto ecosystem

Next Post

Last week of regular league in the WNBA, (almost) everything to be decided

souhaib

Recommended For You

6 Fantastic Uses Of Cryptocurrency

by souhaib
May 19, 2022
0

While cryptocurrency is definitely a trending topic these days, many people are still unsure of how exactly they could make the most of it. In fact, even 14...

Read more

Where to Buy ETH Online?

by souhaib
March 21, 2022
0
Where to Buy ETH Online?

Have you decided to invest money in ETH? It’s a good choice as Ethereum is a leading coin in the crypto market. It has a great potential to...

Read more

Identifying a Suitable Platform from Biggest Cryptocurrency Exchanges

by souhaib
March 8, 2022
0

There are some biggest cryptocurrency exchanges in the market that are known and used all around the globe. However, these platforms offer various services and are not suitable...

Read more

Fantom(FTM), Loopring(LRC) Price Eye Another 20% Upswing, While Avalanche(AVAX) May Witness a 10% Plunge! – Coinpedia – Fintech & Cryptocurreny News Media 2021

by souhaib
February 7, 2022
0

With the Bitcoin price gaining huge strength, the entire crypto space is gaining a good bullish momentum. And hence as the Ethereum price comfortably hovering above $3000, the...

Read more

Where to buy SuperFarm (SUPER) coin: it is up 24% today after Coingecko listing 2021

by souhaib
February 7, 2022
0

The price of the SuperFarm (SUPER) coin has been rising since mid-January and the bullish momentum gathered momentum after today’s listing on Coingecko. To help investors and traders...

Read more
Next Post

Last week of regular league in the WNBA, (almost) everything to be decided

No Result
View All Result

Recent Posts

  • Abbott Drops In-Person Appearance At NRA Convention, Will Still Speak Via Video
  • Eastman said dueling electors were ‘dead on arrival’ without state legislature backing
  • The Burj Khalifa, the tallest building in the world, is so tall that people perceive time differently from the top and bottom floors
  • Sistema Cuerpo Ardiente 90% off Discount
  • Why should you tour Dubai?

Browse by Category

  • Australia
  • Automotive
  • Business
  • Celebrity
  • Cryptocurrency
  • Deals
  • Economie
  • Education
  • Euro
  • Forex
  • Gaming
  • Health
  • Life Style
  • NBA
  • News
  • Reviews
  • Sports
  • Switzerland
  • Trending
  • U.S.
  • Uncategorized

Categories

  • Australia
  • Automotive
  • Business
  • Celebrity
  • Cryptocurrency
  • Deals
  • Economie
  • Education
  • Euro
  • Forex
  • Gaming
  • Health
  • Life Style
  • NBA
  • News
  • Reviews
  • Sports
  • Switzerland
  • Trending
  • U.S.
  • Uncategorized

Pages

  • Contact US
  • Newsletter
  • Privacy Policy
  • Terms & Conditions

© 2021 - TrendsWide

No Result
View All Result
  • Home
  • Contact US
  • Privacy Policy
  • Trending
  • U.S.
  • Economie
  • Deals
  • Reviews
  • Cryptocurrency
  • Health
  • Life Style
  • NBA

© 2021 - TrendsWide

loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.