The recent distributed denial of service (DDoS) attack on the Cardano network showcased the network’s resilience in the face of malicious activities. Despite the attack, Cardano’s mechanisms and decentralized structure effectively mitigated the disruption, ensuring uninterrupted stability and operation. This demonstration of resilience has garnered praise from bullish investors and renewed confidence in the price
Cardano
The world of cryptocurrency and blockchain technology is a rapidly evolving landscape that requires clear and concise explanation for readers from all walks of life. One such prominent figure in the industry is Scott Matherson, a crypto writer at NewsBTC known for his ability to capture the pulse of the market with precision. Scott’s dedication
Market traders have noted a recent trend in heavy shorting of Cardano (ADA) and XRP, two cryptocurrencies that have been struggling to gain bullish momentum. The on-chain analytics platform Santiment highlighted this factor in a recent X post, suggesting that the increased short positions on these tokens could actually serve as “rocket fuel” for their
Crypto analyst Sebastian recently made a bold prediction, suggesting that Cardano (ADA) could potentially reach $3 this year. One of the key factors he pointed to was Cardano’s partnership with Argentina. The Cardano Foundation’s collaboration with Entre Ríos, a central Argentine province, aims to boost blockchain adoption in the country. This move not only benefits
Charles Hoskinson recently shed light on the ongoing rumors surrounding a potential partnership between Cardano and Elon Musk. Despite numerous attempts to reach out to Musk’s companies, such as X (formally Twitter), Hoskinson expressed disappointment over the lack of response. Offering free work to combat prevalent issues like fake accounts and bots, his team’s efforts
Blockchain services provider STORM Partners recently made a significant announcement during the Web3Fest event in Switzerland’s renowned “Crypto Valley.” The company, along with major projects like Cardano (ADA) and MultiversX, introduced “Lightningbox,” a new Web3 Sandbox. This initiative marked a pivotal moment as STORM Partners also decided to relocate its headquarters from Montreux to Geneva.
Cardano, a prominent cryptocurrency, has been the subject of optimistic forecasts from various crypto analysts. One notable analyst, known by the handle @Av_Sebastian on X (formerly Twitter), has predicted a significant surge in the price of Cardano (ADA) to $2. This projection is primarily attributed to the upcoming Chang upgrade, which has generated excitement within
The crypto space is abuzz with speculations and predictions about the future price of Cardano (ADA). Crypto analyst Nick from the Cheeky Crypto YouTube channel has made an ultra-bullish forecast, suggesting that Cardano could reach a staggering $38 at some point. This prediction, however, comes with the disclaimer that it won’t happen overnight. Nick attributes
In a recent interview, Charles Hoskinson, CEO of IOG, made waves in the cryptocurrency community by openly criticizing Bitcoin and declaring its following as a ‘religion’. As the driving force behind Cardano (ADA), a profit-oriented company focused on building innovative software for the cryptocurrency market, Hoskinson’s comments shed light on the growing sentiment that the
The crypto market has shown signs of stagnation recently, with a decline in overall market cap. However, today’s increase in prices seems to have brought some relief. Ethereum (ETH) is currently trading at $2,977.88, marking a 2.6% increase over the past 24 hours. Its market cap has also grown by 2.64% to over $357 billion,
