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Bitfinex Announced Support For Cardano (ADA) “Vasil” Hard Fork

Bitfinex Announced Support For Cardano (ADA) “Vasil” Hard Fork


Cryptoknowmics
2022-09-27 09:10:23
Bitfinex Announced Support For Cardano (ADA) “Vasil” Hard Fork

The cryptocurrency exchange, Bitfinex, has announced support for Cardano’s Vasil hard fork, joining several other crypto trading platforms. According to a blog post published, new features will be available beginning Tuesday. Bitfinex has stated that the hard fork would not affect trading, deposits, or withdrawals. Cardano (ADA) “Vasil” Hard Fork Upgrade As Cryptoknowmics reported earlier, the much-anticipated hard fork went live on September 22 after several months of delays. The Vasil hard fork would expand the Cardano blockchain’s capabilities by increasing decentralization, improving the handling of on-chain scripts, lowering script execution costs and transaction size, and improving throughput. Vasil also improved Plutus, allowing developers to create more powerful dApps. The price of the native ADA token has now fallen by more than 9% since the hard fork, which turned out to be a sell-the-news event. 📢 Bitfinex is supporting the Cardano (ADA) “Vasil” hard fork! ✅ Not to worry – #Cardano $ADA trading, deposits and withdrawals on Bitfinex will not be affected! The Cardano blockchain’s upgraded features will be available from tomorrow, stay tuned ⏰https://t.co/lqoewY2UuV pic.twitter.com/3qhd0SwBcm — Bitfinex (@bitfinex) September 26, 2022 “We are delighted to support the Cardano hard fork, Vasil,” said Paolo Ardoino, CTO at Bitfinex. “As an exchange, we always seek to provide our growing customer base with an optimal choic...

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