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HomeCrypto NewsMarketSix Crypto Exchanges Started To Integrate Cardano Smart Contract Upgrade

Six Crypto Exchanges Started To Integrate Cardano Smart Contract Upgrade

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According to Input output Hong Kong (IOHK) latest development, six cryptocurrency exchanges  are actively engaging with the Cardano Foundation in order to integrate the long-awaited smart contracts update.

Read: Galaxy Digital CEO Said Cardano Being 3rd Largest Crypto Is A Mystery To Him, Cardano Founder Responded Sharply


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As Cardano nears the launch of Alonzo hard fork, the number of exchanges is expected to rise rapidly.

IOHK Writes:

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“We continue to remain on track for our Cardano smartcontract upgrade (via a H/F combinator event) on Sunday 12th September 2021.

We have been working hard over the weekend and continued to make positive progress, maintaining momentum against the timeline shared in our mid-month update. We’re in a good place but there is further work ahead.

Since spinning up the new Alonzo Purple network, we now have 250+ participants on the network.

Meanwhile, the first exchanges are making progress integrating with our components, with 6 exchanges now actively engaging with the CF-led integration team. We expect numbers to increase rapidly as the week progresses.”

IOHK will ensure that as many exchanges as possible are made Alonzo ready before deploying mainnet. 

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Albert Brown
Albert Brownhttps://thecryptobasic.com/
Albert Brown is a cryptocurrency investor and journalist who has been in the nascent space since 2017. His love and passion for technological innovations made him delve deeper into the world of blockchain and cryptocurrencies. As a journalist, Brown has written on several crypto-related topics that have been referenced by popular industry players like Tyler Winklevoss, Binance CZ, etc.

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