Cardano (ADA) – Alpha Returns – Y2X and EMURGO

In today’s video, CryptoCurrently will cover the huge partnership between EMURGO, #Cardano, and Y2x.

We begin by skimming through this article, to get an idea of who Y2x is, and what their partnership means for Cardano.

https://bitcoinexchangeguide.com/digital-bank-y2x-secures-investment-from-cardano-venture-arm-emurgo/

So in the article, we discover Y2x is made of a highly skilled team of financial service professionals, technologist, and entrepreneurs.

a full list of the team can be found here.

https://y2x.io/team

The following is a quote from a Y2x COfounder, David Shular.

“The Blockchain is unleashing peer-to-peer engagement and creativity, propelling an explosive force that will drive innovation for entrepreneurs and technologists. Our partnership with EMURGO and Cardano will enable us to bring those innovative forces together to bear more effectively as we invest in and incubate new companies.”

In short, through this partnership, start up companies will obtain financing from Y2x, and will build their products on top of the Cardano #Blockchain.

Y2x is looking to invest in ground breaking technologies that can create Alpha returns for their investors. A look at how Y2x determines which companies to invest in can be found here.

https://globenewswire.com/news-release/2019/02/01/1709372/0/en/EMURGO-Makes-Strategic-Investment-Into-Leading-Digital-Merchant-Bank-Y2X-Fostering-Long-Term-Partnership.html

Lastly, we read through this article.

https://zycrypto.com/cardano-ada-still-proving-different-despite-being-kicked-out-of-top-ten-ranking/

In this article we discuss the security vulnerability found in over 20 crypto projects using the PoSv3. Projects using this code are vulnerable to “fake stake” attacks.

Good news for #ADA investors, the Cardano blockchain does NOT share this vulnerability. Cardano is written from scratch and is secure from a “fake stake” attack.

Cardano (ADA) – Alpha Returns – Y2X and EMURGO

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Kane Dane