Cardano’s Charles Hoskinson has sent out a tweet that he is in Papua New Guinea and is “working on something really cool.” Although the founder didn’t share details on the project he is working on, community members are speculating that this might be the blockchain’s new endeavor.
Its parent firm, Input Output Global [IOG], has taken several initiatives in the African continent. One of them was participating in a pre-series A round of $11 million for a Kenyan fintech firm called Pezesha, Africa.
IOG CEO said that the investment aimed at transforming microfinance on a global scale.
On top of that, the official commercial arm and a founding entity of the blockchain EMURGO Africa and Cardano accelerator Adaverse launched the Blockchain Founders Hangout 2.0 event to discuss Web3 funding in Africa.
Additionally, AdaVerse contributed an unknown sum to the seed fundraising round of AfriGuild, a blockchain gaming DAO that intends to bring 100 million Africans online within the next five years.
Outside Africa, Cardano’s IOG signed MoU with two key Mongolian crypto-focused entities to help implement and foster blockchain project development in the East Asian nation.
In other news, the largest marketplace for decentralized applications [dApps], DappRadar, has enabled compatibility for the much-anticipated Cardano Vasil update.
Cardano’s Support Added In Word’s Biggest DApp Store
On Monday, September 5th, Lithuania-based decentralized application store, DappRadar, which tracks over 10,000 dApps across more than 45 protocols, announced the support of the Cardano blockchain.
Recently Aada Finance, Cardano‘s first NFT lending and borrowing protocol, hosted a bug bounty competition ahead of its mainnet launch scheduled for Sept. 13.
As mentioned in the blog post, the reward size is $25,000 for a critical smart contract vulnerability.
Aada Finance plans to launch well in advance of the Vasil upgrade slated to go live on Sept. 22.
Recent updates from IOG, Binance, MEXC, Bitrue, AAX, WhiteBIT, and BKEX, which make up half of the top 12 exchanges by liquidity, have signaled readiness for the hard fork. Updates to the nodes are being made by Coinbase and the other three top-12 exchanges.
While other exchanges are currently updating their nodes, ten additional exchanges have confirmed that they are ready for Vasil. As of now, nearly 50% of the top Cardano dApps hold the “tested” designation in preproduction.
