A sharp contrast has emerged in active addresses across Bitcoin, Ethereum, Tron, and Cardano, as the four blockchains continue to show different patterns when it comes to network usage. Bitcoin’s count, for one, has dropped significantly compared with previous major cycles, even though its price remains far above historical levels. According to the latest observation […]
Cardano’s ecosystem recorded several important developments between July 30 and August 5th. These range from a new cross-chain connection to changes in the way governance representation works. Meanwhile, ADA briefly approached $0.20 after gaining over 20% over the past week. Here are some of the most important Cardano news and an update on ADA’s price […]
Charles Hoskinson has accused Ethereum of adopting ideas pioneered by Cardano without acknowledgment. The Cardano co-founder made the claim following a proposal by Ethereum researcher Toni Wahrstätter to bring native UTXOs to the network as a way of cutting long-term state storage for payment transactions. Ethereum Is Revisiting Cardano’s Work According to Hoskinson, Wahrstätter’s research […]
Charles Hoskinson said that a disputed stash of 1,096 BTC from Cardano’s early crowdfunding days was used to pay for an audit in 2016/2017. The Cardano founder made the revelation during a recent livestream AMA, in which he talked about governance, Discord, and community management. Hoskinson Clarifies Questions in AMA Cardano’s crowdsale, which ran from […]
Cardano co-founder Charles Hoskinson has revealed he is working on a plan to move the ADA community from X after months of contending with expletive-laden tweet threads against him. Hoskinson said he had spoken with EMURGO chief executive Phillip Pon and was working on a strategy to create a Discord-based hub for the betterment of […]
Cardano is showing classic bottom indicators with active wallets down 43% on their investments over the past year, and ADA dropping over 70% since September, said Santiment on Tuesday. However, this extreme negative MVRV value (market value to realized value ratio) is generally an indicator of ADA being in an “opportunity” or “buy zone,” they […]
The world’s biggest crypto exchange will delist certain pairs that will affect numerous altcoin traders. One of the cryptocurrencies involved in the process is Cardano (ADA), whose price has plunged by 3.5% on December 30. Bye-Bye to These Pairs Binance revealed that it will delist the following cross-margin pairs: BCH/FDUSD, TAO/FDUSD, AVAX/FDUSD, LTC/FDUSD, SUI/FDUSD, ADA/FDUSD, […]
Citing the overall direction X (formerly Twitter) is heading, IOHK’s leader, Charles Hoskinson, said he would be leaving the platform in less than a week, when a “digital twin” takes over the account. He didn’t give any further details about his replacement to his million followers on X, but promised to do so in the […]
A long-dormant Cardano (ADA) whale has torched more than $6 million in a single swap after attempting to move 14.4 million ADA, worth around $7 million, into USDA, a Cardano-native stablecoin, in a low-liquidity pool. The trade left the wallet with just 847,000 USDA, an estimated 87% loss, and reopened tough questions about Cardano’s DeFi […]
Digital asset investment products staged a comeback last week, reversing prior outflows with $2.48 billion in inflows. August inflows now total $4.37 billion, which lifted year-to-date numbers to $35.5 billion. Activity was strong until Friday, when flows turned negative following the Core PCE release. The data dampened hopes for a September Fed rate cut and […]