Blockchain blue chips Cardano and Ethereum have faced criticism for their slow development but continue to drive innovation in Web3 and DeFi.
While these two coins could well be excellent long term investments, whales have been buying up CUTO, a new token from MemeFi project Cutoshi.
Cardano recently released a Layer 2 scaling solution called Hydra and then demoed it live by running the 1993 retro classic Doom game on it. Cardano Founder Charles Hoskinson announced his next goal is to get a Nintendo emulator running on Hydra.
But Cardano’s latest move goes beyond gaming. Cardano is trying to bring DeFi to Bitcoin by making a strategic partnership with BitcoinOS, a platform that provides smart contract functionality for the BTC network. Using the BOS Grail bridge, Cardano’s ecosystem of dApps will be able to directly access the $1.3 trillion Bitcoin liquidity pool. As liquidity is so important for the trading volume, this could…
