Bitfinex Announced Support For Cardano (ADA) "Vasil" Hard Fork
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.
"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 choice of digital tokens to trade and a first-class trading experience."
Bitfinex: Digital Token Trading
Bitfinex is capitalizing on its position as a one-stop shop for digital token trading by providing various services such as spot and margin trading, staking, borrowing, and capital raising. Bitfinex, founded in 2012, is a digital asset trading platform that provides cutting-edge services to digital currency traders and global liquidity providers. Bitfinex offers peer-to-peer lending, an OTC market, and financed trading for a wide range of digital assets.