Livestreamed by over 40,000 people, the Cardano Vasil Hard Fork upgrade was implemented on 22 September at 9:44 p.m. UTC. Needless to say, it was soon declared a success. That’s not all, however. Following the hard fork, ADA’s price rallied by over 4% to close the 22 September trading session at $0.458 on the price … Read more
Cardano (ADA) founder Charles Hoskinson has called Ethereum (ETH) the “Hotel California of Crypto” in response to a tweet that claimed that ETH staking withdrawals might be delayed beyond the Shanghai upgrade. The Hotel California song is about a prison where no one escapes from. Ethereum is becoming the Hotel California of Crypto https://t.co/oRUw4kxvfS — … Read more
After seven consecutive weeks of inflows, crypto investment products recorded significant outflows last week, according to the latest report by institutional crypto fund manager CoinShares. The report which analyzes weekly flows into cryptocurrency funds suggests regulatory concerns and geopolitical turmoil have diminished investor interest in both the Americas and Europe. $80 million of the outflows … Read more
Crypto investment products attracted large inflows in the Americas last week, versus minor outflows recorded in Europe, according to the latest report by institutional crypto fund manager CoinShares. The report which analyzes weekly flows into cryptocurrency funds suggests enduring investor interest despite the geopolitical unrest which spurred a sell-off in risk assets. Bitcoin attracts $95 … Read more
It’s always been hard to rank different blockchains thanks to the diverse ways in which their speeds and activities are measured. But now, one blockchain is under the microscope due to what some claim is a discrepancy in its transaction volumes. Messari-ing around with numbers The controversy began with Messari’s ‘Chains Activity’ chart, showing “estimated … Read more
Russia’s invasion of Ukraine has officially begun, as President Vladimir Putin announced that he is launching a “special military operation” in the country. Putin’s move was followed by reports of explosions in multiple major Ukrainian cities, including the country’s capital, Kyiv. Ethereum co-founder Vitalik Buterin, once again voiced his distress about the conflict, calling out … Read more
According to a recent CNBC analysis, eight of the highest-ranked politicians in the US or their immediate family have traded crypto over the past year–with bets spanning from $1,000 to $100,000. Altogether seven Republicans disclosed buying or selling crypto, including Senator Pat Toomey of Pennsylvania. Meanwhile, only one Democrat reported a trade–Representative Marie Newman of … Read more
The number of smart contracts running on the Cardano blockchain has been growing rapidly since the launch of the Alonzo hard fork in September 2021, which for the first time enabled the network to process smart contract code. The number of smart contracts on Cardano reached 1,000 at the end of January, and the number … Read more
Yesterday, the Cardano blockchain experienced a significant surge in its daily transaction volume that pushed it above that of the second-largest blockchain, Ethereum. Transacting on Cardano blockchain is cheaper than Ethereum Data from Messari shows that Cardano’s daily transaction volume beat that of Ethereum by nearly $2 billion. According to the data, Cardano registered more … Read more
Ever since Cardano deployed smart contract integration earlier this year, the network has been buzzing with on-boarded projects and development from the community. Its native token ADA has also grown significantly during this time owing to its increased uses cases amongst creators and developers building on the network. One of the key areas Cardano has … Read more
