Cardano founder Charles Hoskinson stirred controversy after he criticized Bitcoin for its perceived lack of innovation, suggesting that it may gradually lose its market dominance. Hoskinson’s comments have not gone unnoticed by Bitcoin supporters. Tuur Demeester, a prominent Bitcoin advocate, has countered Hoskinson’s claims by highlighting Cardano’s declining market share. ... Read more
Ethervista, a novel liquidity pool and fee mechanism on the Ethereum mainnet, has gained tremendous traction in the DeFi community since its launch a few days back. The market capitalization of Ethervista market capitalization exceeded $15 million. Touted as the “Pump Fun” of Ethereum, the platform aims to address the ... Read more
Cardano’s Chang hard fork went without a hitch paving a new era of decentralization in the network’s history. This significant upgrade marks the onset of ADA’s on-chain governance, a long-awaited milestone that places the power of decision-making directly in the hands of the community. The hard fork named after Phil Inje ... Read more
Sreeram Kannan, founder of EigenLayer, has sparked a fiery debate on the relative security and scalability of Ethereum and Solana, two major blockchain platforms. The focal point of the debate revolves around the concept of multisig trust and social forking. The debate is a reflection of the ongoing evolution of ... Read more
Polygon, Shiba Inu, and several other altcoins exhibit a significant amount of centralization, per the Santiment report. This assessment was based on the percentage of total supply held by the top 10 wallets. The analysis highlights significant issues that investors should carefully consider before making investment decisions. Centralization has long ... Read more
Shiba Inu gets a major boost after Kraken, a leading cryptocurrency exchange expands collateral options for futures. As per the official post, SHIB is now a new collateral option for the platform’s perpetual futures contracts. This expansion allows traders to leverage their SHIB holdings to gain exposure to a wide ... Read more
Elon Musk and Tesla recently won a significant legal victory, securing the dismissal of a lawsuit accusing them of manipulating the price of Dogecoin, resulting in $258 billion in damages. The lawsuit, which a group of investors filed, alleged that Musk and Tesla used various tactics, including social media posts, ... Read more
Bitcoin (BTC) is at the cusp of major upside momentum, which could be a rally that would thrill both investors and traders alike. The cryptocurrency had reached a local low of $58,000 after a period of recent volatility but has now recovered to its current value of $60,400. For BTC, ... Read more
Polygon-MATIC continues to show potential for recovery after a considerably long downtrend. According to data from Santiment, a leading blockchain analytics platform, on-chain activity for the network has taken a serious leap, suggesting a probable change in market sentiment. Since March, when the cryptocurrency market began its retrace, Polygon has ... Read more
The Tether (USDT) network has set a new milestone logging a 5-month high in new wallet creation. Over 31,300 new wallets were created in a single day, suggesting an influx of fresh capital into the cryptocurrency market. Besides USDT, multi-collateral token DAI also witnessed a surge in network growth. This ... Read more
