Bondly Finance has announced the rollout of a cross-chain bridge to connect the Cardano and Ethereum blockchains.
What's more, the firm estimates the bridge will be ready by early 2022.
Blockchain bridges are a solution to link previously siloed chains. By enabling different blockchains to work together, developers can build on each other's protocols and harness the strengths of the other chain.
While cross-chain bridges are generally considered a positive for all parties involved, considering the rivalry and philosophical differences between Cardano and Ethereum, might the Bondly bridge benefit Cardano more than Ethereum?
The Project Management Institute (PMI), a Pennsylvania-based organization for project and product management experts, has recognized Atala Prism, Input Output's identity management solution, on this year's list of most influential projects.
As reported by U.Today, the company behind the Cardano protocol announced that it had partnered with Ethiopia's Minister of Education in order to develop a blockchain-powered system aimed at monitoring students' performance in local schools.
A new wave of NFT gaming is coming and it’s all about the players. With the recent rise in Gen 3 blockchain solutions like Cardano, new doors are opening for gamers worldwide. DUO is leading the way with a player focused - Social NFT Gaming model. These are games that are easy to pick up, fast to play, have competitive leaderboards, and create opportunities globally.
Emurgo, the investment arm of Cardano, has partnered one of its subsidiaries with Adanian Labs, a pan-African venture studio that is focused on building a platform where African tech start-ups can thrive and access all key resources that allow them to grow sustainably.
Price analysis on Cardano indicates a short rise above $2.30 On October 1st, the market bounced back, pushing ADA/USD to a new low of $2.30 The surge above the previous high of $2.30 yesterday sparked a primary bullish signal.
The stablecoin hub on Cardano, Ardana, has secured a partnership with Elrond blockchain architecture. The native token of the Elrond blockchain will become one of the first cross-chain assets that will be used for collateralization on Ardana platform.
Ardana will be used to bridge Cardano and Elrond. By connecting the two ecosystems, integration with a project on two chains will become possible, including token transfer between Elrond mainnet and Cardano chains. Later on, it is planned to enable cross-chain smart contract functionality.