The recent distributed denial of service (DDoS) attack on the Cardano network aimed to disrupt its operations. However, the decentralized structure and mechanisms of Cardano effectively thwarted the attack, showcasing its resilience and ability to ensure uninterrupted stability. Despite the malicious attempt, most services on the network, including SundaeSwap, continued to function effectively during the
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Scott Matherson is a well-known figure in the cryptocurrency world, particularly for his insightful writing at NewsBTC. His ability to decode complex crypto topics and present them in a clear and engaging manner has earned him a solid reputation among readers. With a background in industries like banking and investment, Scott has been able to
Santiment, an on-chain analytics platform, has highlighted a key factor that may contribute to the potential for Cardano (ADA) and XRP to experience further upward movement in the crypto market. Despite both tokens recently seeing relief pumps following a decline, market traders remain cautious, viewing these movements as merely temporary. In a post on X
Cardano analyst Sebastian has made bold claims about ADA potentially reaching $3 this year. One of the reasons he cited for this optimistic outlook is Cardano’s partnership with Argentina. The collaboration with Entre Ríos, a central province in Argentina, aims to promote blockchain adoption in the country. This partnership not only benefits ADA by expanding
STORM Partners, a leading blockchain services provider, recently made a groundbreaking announcement at the Web3Fest event in Switzerland’s “Crypto Valley.” Alongside Cardano, MultiversX, and other prominent projects in the crypto space, the company revealed its latest initiative, Lightningbox. This innovative Web3 Sandbox aims to drive digital transformation efforts for large enterprises in Europe by leveraging
Charles Hoskinson, the founder of Cardano, recently discussed the missed opportunities for a potential partnership with tech mogul Elon Musk on the Thinking Crypto podcast. Despite numerous outreach efforts by his team to Musk’s companies, including offers of free work to combat bot issues on X (formerly Twitter), the response has been silence. This lack
There has been a recent surge in bullish expectations for Cardano, with one crypto analyst predicting that the price could reach as high as $2. This prediction is based on the upcoming Chang upgrade, which has generated excitement within the Cardano community. The analyst, known as @Av_Sebastian, believes that the price of ADA could rally
Crypto analyst Nick from the Cheeky Crypto YouTube channel has made a bold prediction regarding the future price of Cardano (ADA). He suggests that the cryptocurrency could potentially reach $38 at some point down the line, although he acknowledges that this may not happen in the near future. This extremely optimistic outlook is based on
In a recent interview, Charles Hoskinson, the CEO of IOG, did not hold back in his criticism of Bitcoin and its fervent following. Hoskinson went as far as to compare the Bitcoin community to a religion, stating that the crypto industry has evolved past the need for Bitcoin to survive. Hoskinson pointed out that Bitcoin’s
The cryptocurrency market has been relatively stagnant, with a recent increase in market cap following a period of decline. Ethereum (ETH) is currently trading at $2,977.88, reflecting a 2.6% increase over the past 24 hours. Its market cap has also grown by 2.64% to over $357 billion, maintaining its position as the second-largest cryptocurrency. However,