Starting on Monday, January 8, 2018, at 8:00 a.m. GMT, the ADA token from Cardano began to be listed on the futures exchange at BitMEX.
The cardano price has exploded this week ahead of the release of an updated development roadmap, but many investors fear that its release will trigger a liquidation event.
As CCN reported, cardano stormed to the ninth spot in the market cap rankings on the heels of a rally that saw the price of the ADA cryptocurrency increase fourfold.
So far, Ethereum has been the lead player in the smart contract platform space. Now a new competitor is steadily creeping into the game. And, in an interesting twist, the effort is being led by a former Ethereum CEO.
Last week, blockchain development firm IOHK, led by Charles Hoskinson, launched Cardano, a new blockchain.