The launch, due in weeks, marks a first for the three-and-a-half year old Cardano network.
Blockchain projects Nervos and Cardano are working together to improve the security of UTXOs to reduce smart contract hacks.
China's Nervos picks Huobi's HUSD as the first available stablecoin on its blockchain amid a DeFi boom in China.
Open network Nervos has launched an incubator for early-stage startups that build user-centric decentralized applications.
Inter-blockchain communication (IBC) is poised to be a major theme of 2020. And, like most trends in crypto, it has its fair share of hope, hype and haters.
The grant fund will pay developers in cash, rather than equity or tokens, and submitted projects will be made public to source feedback from the Nervos community.
Nervos Network plans to launch its "Lina" blockchain next week, on the heels of securing $72 million through a token sale on Coinlist.
Investing in a token offering for the Nervos Network could help China Merchants Bank International tap into the DeFi ecosystem.