Cardano Blockchain Demonstrates Resilience Amid DDoS Attack
On July 25th, the Cardano Foundation highlighted the resilience and security of its blockchain following a distributed denial of service (DDoS) attack that occurred in June. The network successfully withstood the attempted disruption, ensuring that Cardano’s operations and user experience remained unaffected. Understanding The DDoS Attack DDoS attacks involve flooding a server or network with […]
Cardano Price Movements: Will Negative Funding Rates Spark a Surge?
In the volatile world of cryptocurrency investing, it is crucial to monitor trends that can impact prices significantly. Currently, several altcoins, including Cardano (ADA), Chiliz, and Fantom, are under scrutiny due to their heavily shorted positions. This scrutiny intensifies as exchange funding rates plummet below zero, potentially setting the stage for substantial price movements. Cardano […]
Cardano Windfall: Trader Nets 25,000 ADA from a Mere 0.5 ADA
In a recent event within the Cardano ecosystem, a user experienced a windfall, turning a mere 0.5 ADA investment into a staggering 25,000 ADA. The trader achieved this profit through a strategic trade on DexHunter, a Cardano-based decentralized exchange aggregator known for real-time updates. Details Of The Transaction Reports indicate that the fortunate user capitalized […]
ADA Price Down 10.2% in 30 Days: Can Cardano Forge Ahead in the Next 30 Days?
Cardano’s ADA token has experienced a rollercoaster ride in the last 30 days, with its price fluctuating in response to various market and economic factors. This analysis will delve into ADA’s performance over the past month, focusing on the last 7 days and 24 hours. 30-Day Performance Over the past 30 days, ADA’s price has […]
Cardano Founder Charles Hoskinson on Rapid Scaling Potential
Cardano founder Charles Hoskinson recently addressed ADA community concerns over scaling in a tweet. He emphasized that the Cardano treasury has ample funds to pursue an aggressive scaling program involving Leios, Hydra, and Zero-Knowledge (ZK) technologies if the community supports this direction. Hoskinson assured that the Cardano treasury is well-funded to support an intensive Leios, […]
Cardano’s ADA Nears $0.50: Is $1 Next Amid DeFi Boom?
Cardano, the proof-of-stake blockchain platform, has been making waves in the cryptocurrency market. In the latest development, the Cardano price has experienced significant fluctuations, reflecting the current market conditions and investor sentiment Cardano Price Update: A Cautious Climb Currently, the Cardano price is hovering just below $0.50, standing at $0.4775, a 0.23% increase in the […]
Cardano Achieves 90 Million Transactions: A Landmark Moment
In a remarkable feat, Cardano (ADA) has notched up an impressive 90 million transactions on its network. This milestone underscores Cardano’s growing prominence within the cryptocurrency sphere, propelled by its methodical and research-oriented blockchain development approach. The attainment of 90 million transactions is a clear indication of Cardano’s expanding adoption and utility. It showcases the […]
Cardano’s ADA Surges as Trading Volume Tops $550M
In recent days, Cardano’s ADA token has experienced a resurgence of interest, with its 24-hour trading volume surpassing $550 million. This surge in volume has coincided with a notable increase in price movement, with ADA recording a 4.43% surge in the last 24 hours, trading at $0.4498. Positive Price Movement Amidst Lingering Challenges Despite this […]
Cardano’s Challenges: From Bullish Hopes to Bearish Realities
Cardano’s price journey in April 2024 was marked by significant volatility, reflecting the cautious stance of crypto investors amid Bitcoin’s halving. Mega-cap altcoins like ADA experienced dwindling demand throughout the month. Despite the community’s optimism surrounding the Ouroboros Genesis rollout and plans for a hardfork aimed at enhancing P2P transactions, bulls remained on the sidelines. […]
Cardano’s Chang Hard Fork: Paving the Way for Decentralized Governance
The Cardano community is abuzz with anticipation as the upcoming Chang hard fork takes center stage. This pivotal update, set to debut this quarter, is heralded by prominent Cardano enthusiasts as a game-changer for the network. Chris, ADA Whale, saint, and Ed n’ Stuff highlight the transformative impact of the Chang hard fork on Cardano’s […]