Don't Miss
Meet Icarus, the official Cardano Google Chrome extension to manage ADA
In recent times we can all agree that the biggest concern for the crypto community is whether or not the market will take off soon now, a fact because of which everyone seems to be eager for answers.
In this sense, despite the pronounced slump in the market, a remarkable work is being made by most of the top cryptos to overcome the worrying situation, and all seems to point that the approach is being centered in giving cryptocurrencies a bigger interaction with the masses, in other words, making the crypto market more mainstream.
In this matter, one of the cryptos that have been working on the creation and deployment of strategies of this kind is nothing less than Cardano (ADA). In fact, the Charles Hoskinson, CEO of the development group behind the ADA token (IOHK), stated recently that despite the current situation, we shouldn’t be that concerned. “We’ve been here before,” he said, “Everything’s fine” and it will be in the measure that we play an active role in the deployment of strategies.
Perhaps that’s precisely the reason why Hoskinson decided to bring forward the announcement of an open ledger initiative that was supposed to be announced on August 15th (tomorrow). Let’s see how it goes.
Google Chrome extension
Yesterday morning was the moment when the crypto community found out the initiatives of IOHK about a Google Chrome extension on Twitter. The message on the official Twitter account of IOHK read: “I’ve decided to do the August 15th Announcement a little early:” followed by a Youtube video in which the businessman explains the details of the project.
We already knew about the Prometheus project which was publicly announced. However, the news about another project dubbed Icarus came as a surprise for everyone, and as it seems, the development team of Cardano has been working tirelessly on these two project during the last couple of months.
Icarus will be a Google Chrome extension that will have the possibility of migrating to other browsers such as Mozilla, or even mobile applications. It will function as a wallet with all of the features that we know, and this without needing a full copy of the blockchain on the extension. As Hoskinson declared it, the extension will allow users to do everything they do on the Daedalus wallet, the only wallet service that supports ADA to the moment.
It was known as well that the Chrome extension is being configured using a mixture of the programming languages, Rust and Javascript, and that everyone who’s not able to access Daedalus for reasons such as network conditions would have the chance to use the extension instead. Some of the most outstanding features of the extension are:
- Easy to install, just one click away from the Chrome store
- Daedalus wallets could be imported
- 2-3 minutes wallet recovery
- Audit and security warranties
With the project, IOHK is expecting greater support from other wallets and exchanges of the sector, as well as for calling the attention of the developers’ community with the possibility of creating third-party applications. One can be sure that great things are marching for Cardano (ADA) with the Icarus project, so stay tuned!
For the latest cryptocurrency news, join our Telegram!
Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.
Image courtesy of Pixabay.com
Singapore’s Exchange Traded Fund (ETF) market has grown, offering investors diverse investment opportunities and access to different asset classes. As the market evolves, investors must navigate these uncharted waters with a clear understanding of Singapore’s ETF landscape. This article explores the trends, challenges and strategies for navigating the Singapore ETF market. To start investing in ETFs, you can visit Saxo Capital Markets PTE.
The Singaporean ETF Market: Exponential Growth
The Singapore ETF market has seen significant growth in recent years, with an increasing number of ETFs covering a wide range of asset classes and holders. different investment topics.
One of the notable trends in the Singapore ETF market is the growing diversity of available options. Investors can now choose from ETFs that track domestic and international stock indexes, bonds, commodities, and specialist sectors or themes. This diverse range of ETFs allows investors to create comprehensive portfolios tailored to their investment goals.
The growth of the ETF market in Singapore is also due to growing investor demand for low-cost, transparent, and accessible investment vehicles. ETFs offer benefits such as intraday liquidity, real-time pricing, and the ability to trade on exchanges. These characteristics have made ETFs attractive to retail and institutional investors who want exposure to different asset classes.
Regulatory Landscape and Investor Protection
The Monetary Authority of Singapore (MAS) is the…
Intending to invest in a residential or commercial property in Singapore?
When it comes to foreigners applying for a loan in Singapore, things can be pretty hard regardless of the reason whether you need the property for personal or business purposes.
In Singapore, buying a property is challenging, whether you are a foreigner or a native, and sometimes applying for a loan is the only way for you to afford it.
HOW MUCH CAN YOU BORROW FOR A PROPERTY LOAN IN SINGAPORE?
As for the Foreigner Loans, in Singapore, there is an exact amount of money you can borrow to finance the purchase of a property.
In this sense, Singapore has the Loan to Value Ratio (LTV).
The LTV ratio is what determines the exact amount of money you can borrow for a property loan, which changes depending on where you try to obtain the loan:
- If you are applying for a bank loan, you can borrow a maximum of 75% of the value of the property you want to purchase. That means if you are looking for a property that costs $500.000, the maximum amount of money a bank lender can give you like a loan in Singapore is going to be $375.000.
- When you are applying for a loan with a Housing…
CoinField has started its Sologenic IEO, which is the first project to utilize the XRP Ledger for tokenizing stocks and ETFs. The sale will last for one week and will officially end on February 25, 2020, before SOLO trading begins on the platform. Sologenic’s native token SOLO is being offered at 0.25 USDT during the IEO.
Earlier this month, Sologenic released the very first decentralized wallet app for SOLO, XRP, and tokenized assets to support the Sologenic ecosystem. The app is available for mobile and desktop via the Apple Store and Google Play. The desktop version is available for Windows and Mac.
“By connecting the traditional financial markets with crypto, Sologenic will bring a significant volume to the crypto markets. The role of the Sologenic ecosystem is to facilitate the trading of a wide range of asset classes such as stocks, ETFs, and precious metals using blockchain technology. Sologenic is an ecosystem where users can tokenize, trade, and spend these digital assets using SOLO cards in real-time. The ultimate goal is to make Sologenic as decentralized as possible, where CoinField’s role will be only limited to KYC and fiat ON & OFF ramping,” said CoinField’s CEO…
-
Blogs6 years agoBitcoin Cash (BCH) and Ripple (XRP) Headed to Expansion with Revolut
-
Blogs6 years agoAnother Bank Joins Ripple! The first ever bank in Oman to be a part of RippleNet
-
Blogs6 years agoStandard Chartered Plans on Extending the Use of Ripple (XRP) Network
-
Blogs6 years agoElectroneum (ETN) New Mining App Set For Mass Adoption
-
Don't Miss6 years agoRipple’s five new partnerships are mouthwatering
-
Blogs6 years agoEthereum Classic (ETC) Is Aiming To Align With Ethereum (ETH)
-
Blogs6 years agoCryptocurrency is paving new avenues for content creators to explore
-
Blogs6 years agoLitecoin (LTC) Becomes Compatible with Blocknet while Getting Listed on Gemini Exchange
