Main navigation

Cardano's Typhon Wallet Upgrades to Latest Version, Here's What Changed

Mon, 11/21/2022 - 11:26
article image
Tomiwabold Olajide
Typhon new wallet release comes with several features
Cardano's Typhon Wallet Upgrades to Latest Version, Here's What Changed
Cover image via

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Read U.TODAY on
Google News

Typhon, the Cardano wallet, has announced a New Wallet Release with several new features, including improved dApp transaction (tx) confirmation, improved multi-recipient transaction (tx), improved multi-token selection and more.

The new update would also allow users to send NFTs directly from the gallery and likewise send the entire NFT collection directly from the gallery. Typhon supports sending and receiving CNFTs, native tokens and tokens with metadata registered with the registry.

As reported by U.Today, Typhon wallet received an upgrade to support multi-address transactions in June. This allowed users to send ADA or other supported tokens to multiple recipients in a single transaction, resulting in reduced transaction costs.

Aside from wallets like Daedalus and Typhon, which run on Cardano, IOG is developing Lace wallet for use in all blockchain operations.

Cardano network receives positive news

In the past week, to the joy of its community, Cardano unveiled Midnight, a zero-knowledge data protection-based sidechain and its upcoming token, DUST.

Cardano Midnight: Monero Retracts Negative Statements

Over the weekend, Emurgo, the official commercial arm and a founding entity of the Cardano blockchain, announced its plans to launch USDA, a U.S.-pegged stablecoin.

USDA is expected to launch on the Anzens platform in Q1, 2023, where users will be able to tokenize their USD into USDA via credit/debit cards, wire transfers or conversion of Cardano's native ADA token, Emurgo stated.

article image
About the author

Tomiwabold is a cryptocurrency analyst and an experienced technical analyst. He pays close attention to cryptocurrency research, conducting comprehensive price analysis and exchanging predictions of estimated market trends. Tomiwabold earned his degree at the University of Lagos.