|All Time High:|
|Market Cap: |
|The price of #HARD today is $0.21 USD.|
The lowest HARD price for this period was $0, the highest was $0.209, and the exact current price of one HARD crypto coin is $0.20851.
The all-time high HARD coin price was $2.87.
Use our custom price calculator to see the hypothetical price of HARD with market cap of BTC or other crypto coins.
|The code for Kava Lend crypto currency is #HARD. |
Kava Lend is 2.3 years old.
|The current market capitalization for Kava Lend is $31,276,237.|
Kava Lend is ranked #409 out of all coins, by market cap (and other factors).
|There is a big daily trading volume on #HARD.|
Today's 24-hour trading volume across all exchanges for Kava Lend is $1,381,571.
|The circulating supply of HARD is 150,000,000 coins, which is 75% of the maximum coin supply.|
More Kava Lend (#HARD) News
|Lido Protocol Reveals Plans for Withdrawal Feature Ahead of Ethereum's S...
While the Ethereum community prepares for the upcoming Shanghai hard fork in March, the development team for the liquid staking project Lido revealed plans to create an in-protocol withdrawal feature. Lido's team is seeking community feedback on the proposal that would allow withdrawals after the Shanghai upgrade is completed.Lido Dominates Defi Economy With $7.9 Billion in Total Value Locked, Team Prepares for Shanghai Withdrawals
As of the time of writing, the decentralized finance (defi) liquid staking protocol Lido is the most dominant defi protocol today, in terms of total value locked (TVL). Statistics from defillama.com show that Lido's $7.92 billion TVL dominates the $46.56 billion TVL held in defi today by approximately 17.01%.
Lido is the largest holder of staked ethereum as the protocol commands around 29% of the staked ether supply. Lido's ethereum derivative token STETH is the 13th largest market valuation in the cryptocurrency economy with $7.73 billion. Furthermore, Lido has a governance token called lido dao (LDO), which has a market capitalization of around $1.96 billion on Jan. 25, 2023. The day prior, Lido's development team published a proposal concerning withdrawals after the Shanghai upgrade.
Ethereum developers are determined to make the Shanghai hard fork happen this March and the main focus is allowing staked withdrawals. 'The design proposed by Lido on the Ethereum Protocol Engineering team addresses these challenges with the in-protocol withdrawal ...
|Myth Buster: Ethereum Shanghai Hard Fork Won't Create Major Selling Pres...
With the 'Merge', the Ethereum blockchain successfully mastered the biggest upgrade in its history on September 15 last year. Even before the switch to Proof of Stake (PoS), investors were able to stake ETH to receive rewards.
However, the prerequisite was that a minimum of 32 ETH had to be staked and could not be accessed until the next upgrade, meaning the ETH could be unstaked. This changes with the Shanghai hard fork, which is tentatively scheduled for March this year.
As NewsBTC reported, the upgrade is not only causing excitement, but also concern that large investors may dump their ETH on the market when they can get their hands on their tokens for the first time in over two years, in some cases.
However, the narrative of a dump is a myth as most people still don't know how the exit queue works. Researcher Westie posted a thread via Twitter to explain the mechanism.
According to him, the withdrawal period on Ethereum works dynamically and is not static like on other PoS networks (where there is a fixed withdrawal period for stakers, which on Cosmos, for example, is set at 21 days).
This Is Why An Ethereum Dump Won't Happen
The period depends on how many validators drop out at a given time. In addition, Ethereum validators who exit the validator set must go through two stages: the exit queue and the withdrawal period.
The initial queue is determined by the number of all validators and the quotient of the churn limit, set at 2^16 (65,536). Assuming there are 500,000...
|Ethereum Validator Count Surpasses 500,000 Ahead of Upcoming Shanghai Ha...
According to statistics, the number of Ethereum network validators on the Beacon chain exceeded 500,000 as of Jan. 12, 2023. The validator milestone comes as Ethereum core developers prepare for the Shanghai hard fork. Five days ago, Ethereum core developers launched a developer network environment called 'devnet 2' for the upcoming upgrade.Ethereum Developers Launch 'Devnet 2' Testing Network for Upcoming Shanghai Upgrade; Network Exceeds 500,000 Validators
On Jan. 11, 2023, Ethereum developers launched a new testing network for the Shanghai upgrade, a hard fork that's anticipated to happen in March 2023. The developer's new testing environment is called 'devnet 2' as it follows 'devnet 1' released in Nov. 2022. The new testnet was discussed briefly during the All Core Devs (ACD) meeting held on Jan. 5, 2023.
At that time, Ethereum core developers stressed that the focus remains vigilant on staked withdrawals. It has been 123 days since The Merge, the point in time when the Ethereum blockchain transitioned from a proof-of-work (PoW) blockchain to a proof-of-stake (PoS) network. The transition meant that instead of miners and ASIC devices verifying transactions, Ethereum validators now handle the verification of onchain transactions on the main layer.
Following the release of devnet 2, the next day the network crossed a milestone with more than 500,000 validators, according to statistics from beaconscan.com. In order to become a validator, an individual or organization must ...
|Polygon Announces Upcoming Hard Fork to Address Gas Spikes and Chain Reo...
The Ethereum scaling blockchain, Polygon, has revealed plans to initiate a hard fork on Jan. 17, 2023. According to the team, the network upgrade will 'reduce the severity of gas spikes' and 'address chain reorganizations (reorgs) in an effort to reduce time to finality.'Polygon Team Outlines Network Upgrades to Improve User Experience
On Jan. 12, 2023, the Polygon team told the community to 'get ready for the hard fork' as developers have plans to upgrade the chain on Jan. 17, 2023. 'The proposed hard fork for the Polygon PoS chain will make key upgrades to the network on Jan. 17,' the team tweeted. 'This is good news for developers and users and will make for better user experience (UX). You will not need to do anything differently,' the developers insisted. Polygon (MATIC) developers have been discussing the upgrade since Dec. 2022.
The V0.3.1 Hard Fork aims to reduce gas spikes and address blockchain reorganizations (reorgs). A reorg is an occurrence in which a new chain's branch emerges and supersedes the previously accepted blockchain branch. Reorganizations can cause previously confirmed transactions to be invalidated and replaced with new ones. In order to alleviate the reorg problem, Polygon plans to decrease the network's sprint length from 64 to 16 blocks. 'Doing so will decrease the depth of reorgs,” Polygon developers declare.
In order to reduce gas spikes, Polygon aims to change the 'basefeechangedenominator' from the current value of 8 to 16. 'This will ...
|COTI Announces Succesful Hard Fork for Multi-Token Network Expansion
Blockchain protocol Coti announced the successful hard fork event - MultiDAG 2.0 - that aims to transition the ecosystem from a single currency infrastructure to a multi-token network.
In a press release shared with CryptoPotato, Coti also revealed the launch of the Mainnet on December 29th, during which Explorer 2.0 was also deployed alongside the Bridge 2.0 wallet app.
In a statement, the team behind the protocol said,
'This launch signifies a massive step for the crypto industry, as well as COTI, as the MultiDAG 2.0 will increase the growth of the widespread adoption of crypto payments for enterprises that are yet to adopt crypto payment solutions. The transition from a single currency infrastructure to a multi-token network is an exciting step for us, and we're glad to have your support on this important path.'
MultiDAG 2.0 Launch
The MultiDAG 2.0 protocol leverages the CMD (COTI MultiDAG) standard that facilitates the issuance of tokens on top of the COTI Trustchain, a concept similar to the ERC20 token on Ethereum. However, in the case of this protocol, the issuance takes place on a single DAG.
The release is expected to boost Coti's position to help enterprises by allowing them to launch their own Private Payment Network (PPN) which includes the issuance of CMD branded payment tokens, issuance of CMD branded loyalty tokens, and more.
According to Coti, these new tokens will have the same capabilities as that of the Trustchain in terms of high scalability, security, and...
|Solana Suffers Major Setback as Development Activity Plunges, SOL Dumps ...
Wading through the wreckage of FTX and Alameda, it is clear that some communities were hit a lot harder than others. Several DeFi protocols sporting close ties with the two entities have suffered. Solana, for one, has been hit the hardest since the collapse.
The once top 10 market cap asset, SOL has slid to the 17th position, and the struggle may continue in 2023 as well.
Solana (SOL) had an impressive run-up last year and was one of the best-performing tokens of the 2021 bull market. But since the unraveling of Sam Bankman-Fried's crypto empire, it has lost over 70% of its value.
The disgraced founder of FTX hyped Solana and its ecosystem frequently for years. The bankrupt exchange held $982 million in SOL, according to its balance sheet. Additionally, SOL is the second largest holding of its sister trading firm Alameda Research.
Zooming out, Solana lost over 95% of its value since its all-time high last November. A crash of this magnitude has shaken even the most resilient investors to the core.
The Solana ecosystem was expected to mount a serious challenge to Ethereum. Once heralded as an 'Ethereum Killer,' the development activity on the network has taken a toll as well.
According to data from the crypto analytic platform Santiment, Solana's development activity has been on a massive decline. Developers are no longer seeing any advantages to using the network and are currently in a near-death state.
#Solana is now down 73% in the past 8 weeks. The #FUD is str...
|Ethereum's Shanghai Hard Fork Could Happen in March 2023, ETH Dev Says S...
According to a recent Ethereum Core development meeting on Dec. 8, developers disclosed that the next Ethereum hard fork, called Shanghai, could be implemented by March 2023. It's been suggested that the Shanghai hard fork will be able to manage the network's staked ethereum withdrawals. Ethereum Devs Aim for Hard Fork Target 'Around March-ish'
On Dec. 8, 2022, Ethereum Core developers convened for the 151st developers meeting, and a number of subjects were discussed including Ethereum's next hard fork. Ethereum's last major hard fork was The Merge, a significant change to the rules of the blockchain network which made the network change from proof-of-work (PoW) to proof-of-stake (PoS). A hard fork's change is backwards-incompatible, which means network users are required to update their node software.
At the meeting, developers explained that the next hard fork, called Shanghai, may get scheduled for sometime around March 2023. Shanghai also may address the network's staked ethereum withdrawals as the community has established importance on the matter. At the time of writing, on Dec. 9, 2022, the Beacon Chain contract has 15,597,175 ether locked into the contract that's worth roughly $19.88 billion using ETH exchange rates today.
It has been known for a long time now that the ETH is locked into the Beacon Chain contract and it will require a hard fork to access the funds and possibly more than one. Ethereum Core developer Tim Beiko acknowledged that most people and devs wan...
|DeFiChain's Much Anticipated 'Grand Central' Hard Fork Goes Live
[PR - Singapore, Singapore, 8th December, 2022, Chainwire]
DeFiChain, the world’s leading blockchain on the Bitcoin network dedicated to bringing decentralized financial applications to everyone, has officially activated the much-anticipated Grand Central hard fork on its network at 01 AM EST on Thursday, December 8th on Block Height 2,479,000.
The Grand Central hard fork is one of the biggest and most monumental updates for DeFiChain in 2022. It marks the rollout of four main features:
Token consortium framework
Support for masternode parameter updates (owner, operator, reward address)
Pool commission and reward fixes
This hard fork addresses some of the long-awaited product debt and prepares the DeFiChain community for an accelerated growth in 2023.
U-Zyn Chua, Co-Founder of DeFiChain, said, “Grand Central marks a major step in DeFiChain’s governance structure since it is implementing on-chain governance. This makes the voting processes perfectly transparent, easier and strengthens the governance structure of DeFiChain. A major step for the whole ecosystem.”
To make changes in the DeFiChain ecosystem, community members can submit three types of proposals to be voted on by masternode owners:
Community development fund request proposal (also known as Community Fund Proposal; CFP)
Vote of confidence (also known as DeFiChain Improvement Proposal; DFIP)
Block reward reallocation proposal
Currently, the process o...
|Serum (SRM) Backs Community Hard Fork Plans After FTX Collapse
Serum (SRM) – the Solana-based DEX protocol launched in part by FTX – is seeking a fresh restart after FTX’s fallout left the project’s security permanently compromised.
The new project – called Openbook – will be community-led, and may or may possibly discard the SRM token entirely.
Serum’s New Beginning
In a Twitter thread on Tuesday, Serum explained that the collapse of FTX and Alameda has left its program effectively “defunct.”
“As upgrade authority is held by FTX, security is in jeopardy, leading to protocols like Jupiter and Raydium moving away from Serum,” the team wrote. Jupiter, a DEX aggregator on Solana, informed users on November 12th that SRM would be disabled as a liquidity source.In addition, Binance disabled a series of trading pairs last week which affected tokens including SRM.
Jupiter added that it would support an upcoming ecosystem fork, which Serum itself has now acknowledged. Leading the movement is Mango Markets co-founder Max Schneider, whose protocol was drained in a price manipulation attack last month.
The new Openbook project has already amassed $1 million in daily trading volume. It includes pools for SOL/USDC, USDT/USDC, MSOL/USDC, and wheETH/USDC, while continuing to provide fee discounts for SRM holders.
According to Serum, more efforts are underway to expand Openbooks liquidity and products. However, given its success, the old Serum prot...
|Binance-Backed Blockchain Completes Hard Fork to Mitigate Future Cross-C...
The Bnb Smart Chain commenced the blockchain's hard fork on October 12, at block height 22,107,423, in order to add a security patch to 'mitigate the cross-chain infrastructure between [the] Beacon Chain and Smart Chain.' Binance and the Bnb Smart Chain suspended withdrawals and deposits on Wednesday in order to execute the upgrade. Not too long after, Binance noted that the upgrade was complete a touch after 5 a.m. (ET) on Wednesday morning. Bnb Smart Chain Hard Forks to Apply Exploit Patch
Five days ago, the Bnb Smart Chain was exploited for roughly $100 million and the chain was paused in order to address the issue. At the time, the hacker managed to leverage phony security proofs to exploit the blockchain network's cross-chain bridge. Following the hack, Binance announced that it planned to support an upgrade on October 12 that will add a security patch to the protocol that addresses the issue.
'Fellow Binancians, Binance will support the BNB Smart Chain (BEP20) network upgrade and hard fork,' the exchange wrote on October 11. 'The BNB Smart Chain (BEP20) network upgrade and hard fork will take place at the BNB Smart Chain block height of 22,107,423, or approximately at 2022-10-12 08:00 (UTC). Deposits and withdrawals on BNB Smart Chain (BEP20) will be suspended starting from approximately 2022-10-12 07:00 (UTC),' Binance added.
Binance further announced the halting of deposits and withdrawals via Twitter when it said: 'Binance has temporarily suspended deposits and with...
|The BNB Smart Chain Hard Fork Tomorrow: What You Need to Know
The BNB Smart Chain will go through a hard fork tomorrow. The upgrade will take place at around 08:00 AM (UTC) at block height 22,107,423.
The changes are aimed at mitigating the cross-chain infrastructure between the Beacon Chain and the Smar Chain in an attempt to re-enable the cross-chain back.
What is the BNB Smart Chain Moran Hard Fork?
According to a release on Github, the BNB Smart Chain will go through a hard fork tomorrow - October 12th.
The upgrade is called Moran, and it represents a 'temporary urgent patch.'
This release is a temporary urgent patch to mitigate the cross-chain infrastructure between Beacon Chain and Smart Chain so that the cross-chain can be re-enabled back. It is a hard fork release for both testnet and mainnet.
The changes that Moran will bring to the network include a fix of the vulnerability in 'the iavl hash check,' intended to eventually migrate it to ICS23 specifications. Additionally, it will introduce a block header in the sequence check in the CrossChain Contract.
Last but not least, the hard fork will also make the relater whitelisted to the genesis candidates. The Github entry also specifies that there will be further Binance Chain Evolution Proposals (BEPs) on how to define the candidates for the relayer.
What To Do?
Regular users needn't do anything. However, node operators will have to take a few steps. First, they would have to download the binary contained in the Github entry.
After that, they would have to stop the...
|Tron Could Be Ready For $0.1 After Hard Fight, Here Is Why?
TRX price could be ready for a short-term relief rally as the price breaks out from the downtrend, creating more bullish sentiment for a recovery. TRX looks strong on both low and high timeframes.
The price of TRX breaks out on the daily timeframe after forming a descending triangle. Tron (TRX) has struggled to remain bullish against tether (USDT) after seeing its price rejected from a region of $0.11 on several occasions to trend higher. Tron (TRX), despite being loved by the Tron community, the token has had its fair share of the current bear run coupled with the rumors of its decoupling from its pegged fiat token USSD. With the current market looking more promising ahead of more relief bounces from altcoins, we could see the price of Tron (TRX) making moves. (Data from Binance)
Tron (TRX) Price Analysis On The Weekly Chart
The new month has come with more relief for most crypto projects, with altcoins, such as BTC, ETH, and even XRP, continuing to show strength after weeks of downtrend movement.
The price of TRX has struggled to remain bullish, falling from a high of $0.11 to a weekly low of $0.05, with the price looking more stable as the price looks ready to bounce off from this region.
After hitting a bottom low of $0.05, the price of TRX bounced swiftly from that region as the price rallied to a high of $0.07 as the price faced more rejection to flip this region into a support zone for TRX price.
The weekly price for TRX closed bullish ahe...
|Cardano's Vasil Hard Fork: Which Exchanges Are Ready?
Cardano's long-awaited Vasil upgrade finally went live on September 22 after several delays and technical setbacks. This was the biggest upgrade since the Alonzo hard fork last year and is touted as a turning point for the Cardano network.
It is designed to enhance Cardano's scalability and general transaction throughput capacity in addition to boosting its decentralized applications (DApps) development capacity with the help of the hard fork combinator (HFC) approach.
On the infrastructure level, Vasil will pave the way for numerous other upcoming upgrades that aim to enable Cardano to increase its block size and TPS while simultaneously maintaining its PoS mechanism. Going forward, the improvement in the network's stability and connectivity will also come into focus.
Exchanges Suporting Vasil
So far, the top 12 crypto exchanges by liquidity extended their support for the upgrade as per the latest data.
As of September 27, 44 cryptocurrency exchanges' integration status shows 'Ready.' These also include OKX, Gate.io, Crypto.com, Bitfinex, Bithumb, Hubo, eToro, and KuCoin, among others. Kraken is still in process of integration, while Coinbase and 21 other exchanges are marked 'Not Ready.'
The upgrade was named after Bulgarian mathematician Vasil Stoyanov Dabov, a prominent member of the Cardano community, who passed away in December 2021 from pulmonary embolism.
A week a...
|Cardano (ADA) Price Reacts Poorly To Vasil Hard Fork
The Cardano Vasil hard fork had been expected for months, and finally, it is a reality. The hard fork had proceeded according to schedule, and by Thursday, September 22nd, the hard fork was live on the network. It was received amid much fanfare from the community, but the network’s native token, ADA, had not reacted as well.
Cardano Vasil Hard Fork Completed
The Cardano Vasil hard fork was targeted toward making the network more efficient than it is already. In turn, this would make it a better platform for developers to build upon. It is the most important upgrade that has been carried out on the blockchain, and its completion is a call for celebration for the community.
With the upgrade, the already inexpensive transaction fees of the Cardano blockchain will become even cheaper. It adds more space, which increases the size of each block, making it able to save higher amounts of data.
ADA trending at $0.45 | Source: ADAUSD on TradingView.com
Transactions will be even faster with the upgrade. The increased block size also plays into this, as the increased data storage space means an increase in speed. So not only will users get faster transactions, but they would also be paying below $0.16 per transaction on the network.
ADA Price Doesn’t React Well
The completion of the Cardano Vasil hard fork has not had a positive impact on the price of its native digital currency, ADA. There had been an uptick in the price of the digital asset, but it had been un...
|Ethereum Hard Fork Instigator Chandler Guo Claims the Value of ETH and F...
The U.S. dollar value of the recently airdropped coin native to the forked Ethereum proof-of-work (PoW) blockchain will be at par with that of ether, Chandler Guo, the instigator of the latest Ethereum hard fork, has said. Guo added that he expects the value of the token, which is currently 'very cheap,' to grow by 100x in ten years' time. Surging ETHW Trade Volumes
According to Chandler Guo, the self-appointed organizer of the recent Ethereum hard fork, Ether (ETH) and the recently airdropped, proof-of-work ETHW will have the same USD value in ten years. Guo argued that the new token, which currently trades at just a fraction of its September 15 high, still has the potential to grow by 100x.
In an interview with Bitcoin.com News, Guo claimed that the current price of the forked coin is 'very cheap,' hence the scope for it to grow by 100x exists. Guo, a former bitcoin and ethereum miner, nonetheless concedes that the forked blockchain has a lot of catching up to do before this hundred-fold growth is achieved. He explained:
Currently, ETH price is high because there are many developers and over 200 different projects running on top of the Ethereum PoS [proof-of-stake] blockchain. On the other hand, there are less than 10 projects on the ETHW.
Still, to prove that the work aimed at ensuring the forked chain eventually matches the PoS chain has started, Guo revealed that in just four days following the merge, 'the ETH proof-of-work chain already has two DEXs [decentralized excha...
|ADA Recovers 5% on Vasil Hard Fork Day, Is $0.5 Next? (Cardano Price Ana...
ADA managed to stop the downtrend, and the bulls pushed the price higher on the day that the protocol will see its Vasil upgrade go live.
Key Support levels: $0.43, $0.38 Key Resistance levels: $0.50, $0.56
Buyers came in strong today and managed to turn the price action around above the key support at $0.43. If this bullish momentum continues, then ADA could increase towards $0.5, which is the current resistance. This would also be a sign that the downtrend is reversing.
Chart by TradingView
Technical IndicatorsTrading Volume: Volume picked up yesterday and closed in red, but today, this was quickly reversed, and buyers have the upper hand.
RSI: The daily RSI is approaching 50 points. If buyers manage to push it above, then the momentum may reverse in their favor.
MACD: The daily MACD remains bearish, but the histogram is making higher lows which is an early sign of a possible reversal in the downtrend.
Chart by TradingView
The bias for ADA is neutral.
Short-Term Prediction for ADA Price
At this time, ADA has managed to put a stop to the downtrend, and buyers appear eager. This is a good sign, but bulls have to sustain the pressure if they are to be successful in breaking the $0.50 key resistance.
The post ADA Recovers 5% on Vasil Hard Fork Day, Is $0.5 Next? (Cardano Price Analysis) appeared first on CryptoPotato.
|Cardano's Vasil Hard Fork Happens Tomorrow: What ADA Holders Need to Kno...
Cardano's Vasil hard fork is arguably one of the most highly-anticipated upgrades for the network. The parent organization behind the platform - Input Output - took it to Twitter today to reveal everything users need to know about it and also confirmed that it will take place tomorrow - September 22nd.
What is the Vasil Hard Fork?
Named after the late Bulgarian mathematician - Vasil Dabov - who was also a very well-known and prominent community member and contributor to Cardano, the upgrade is one of great significance for the network. It's aimed at boosting its scalability and overall usability.
The Cardano Improvement Proposals (CIP) that are to be introduced with the hard fork include:
CIP-31 (Reference Inputs)
CIP-32 (Inline Datums)
CIP-33 (Reference Scripts)
CIP-40 (Collateral Outputs)
In addition, Input Output has broken down the overall changes that the protocol will go through after Vasil is live on the mainnet.
#Vasil arrives in the month of #Cardano’s fifth anniversary and significantly improves Cardano's capabilities.
Let's explore #CardanoVasil pic.twitter.com/COiVfpJyR3
— Input Output (@InputOutputHK) September 20, 2022
The hard fork will also see Plutus script enhancements come to life, which will allow many dApp developers to leverage v2 capabilities. The changes to Plutus Core (a scripting language used in Cardano's ledger), known as Plutus V2, will bring about a 'tuned Plutus interpreter and new cost models for both Plutu...
|EOS Officially Adopts Community-Led Leap 3.1 Codebase After Hard Fork
EOS managed to raise $4.2 billion in its year-long ICO back in 2018. Despite a very hyped start, the project had a rather bumpy ride. After edging close to dissolution, EOS has finally declared 'independence.'
According to the press release shared with CryptoPotato, EOS block producers have executed a coordinated hard fork to Leap 3.1. EOS is finally migrating to the newly forged Antelope Framework.
This essentially means that an individual running a node will have upgraded them to continue syncing with the network. This is EOS' second hard fork and seeks to activate new features that are not backward compatible with previous code versions.
Liberating EOSIO Codebase
Leap 3.1 is the C++ implementation of the new Antelope protocol, which comes with several new features such as transaction lifecycle improvements, upgraded crypto primitives that power EVM-related cryptography functions, and block and SHiP pruning.
For the uninitiated, Antelope is a community-run blockchain protocol supported by members of the EOS Network Foundation (ENF), which include EOS, Telos, Wax, and UX Network. The hard fork of the code of the EOSIO blockchain signals the official switch over to Antelope.
It uses an evolved version of the Proof-of-Stake (PoS) consensus mechanism called - Delegated Proof-of-stake (DPoS), wherein network users vote and elect delegates (referred to as block producers) to validate the next block. The devs use this protocol for various apps, including DeFi, NFT, games, supply c...
|Craig Wright Claims to Have Destroyed Hard Drive With Satoshi Wallet Key...
For years, Australian computer scientist - Craig Wright - has claimed that he is the mythical figure who created Bitcoin. But according to the crypto community, the truth cannot be further away. The man's credibility has taken yet another hit amid the latest lawsuit with his involvement.
It cannot get more bizarre than this.
Lack of Evidence, Yet Again
Wright first gained notoriety in 2015 after an anonymous tip led to parallel investigations by several media outlets deeming him Satoshi. However, several other investigations found that the 'flimsy evidence' put forward in the name of proof was highly insufficient. Wright went on a press tour the following year, wherein he claimed to be the Bitcoin founder himself.
After countless failed attempts, he is no longer trying to prove he is Satoshi with cryptography. Instead, Wright claims to have destroyed his only proof after he 'stomped on the hard drive' containing 'key slices' required to access Satoshi Nakamoto's private keys, according to his statement at a Norwegian court, thereby making it incredibly difficult to prove his claim 'cryptographically.'
The Australian computer scientist has, so far, been unable to defend his assertion, and it is currently the issue at the center of his trial in Norway. Simultaneously, Wright is also engaged in a legal tussle against crypto Twitter personality Hodlonaut over a series of tweets that the latter made deeming Wright a 'scammer' and a 'fraud.'
When Hodlonaut's lawyer, Ør...
|Cardano Remains Bullish Ahead Of Vasil's Hard Fork, Can Price Go To $1?
Cardano (ADA) forms bullish sentiments against tether (USDT) as the price of Cardano (ADA) aims to go higher with an imminent breakout above the current resistance. The price of Bitcoin (BTC) showed great strength after closing the weekly candle on a high, with the price holding above $21,700 for the first time in weeks. This has influenced most crypto assets, including Cardano (ADA), as the price aims to break out. (Data from Binance)
Cardano (ADA) Price Analysis On The Weekly Chart
Weekly ADA Price Chart | Source: ADAUSDT On Tradingview.com
The price of ADA has had a tough time maintaining the bullish momentum it has shown in recent months as the price was rejected from the $3 area acting supply zone for most sellers.
ADA has since struggled to discover the bullish momentum it experienced, but with the upcoming “Vasil Hard Fork,” there has been growing sentiment of the price of ADA going to as high as $1. Vasil Hard Fork is the latest and highly anticipated upgrade on the Cardano network to improve the usability and scalability of the network.
The price of ADA on the weekly chart looks good as the week closed bullish with more bullish sentiments. The price of ADA is faced with resistance to breaking above $0.54 as the price is faced with resistance to trend higher.
ADA’s price needs to break above this region for its price to trend higher to $0.6 and possibly $1. The price of ADA must break and hold above this resistance for a better chance to...
|XRP Bulls Charge Hard To Pull Prices Up Past $0.34 After A Dismal August
XRP is looking extremely bullish on a short-term outlook. In the long game, the timeframe charts show an incredible selling opportunity in the next three months.
XRP looking bullish from a short-term perspective
Price mid-point of $0.36 is now poised as both key resistance and support zones
Ripple to target $1 next
However, XRP bulls may need to wait a little longer for a breach to take effect.
In June, the crypto was seen to breach the support key of $0.39. In August, XRP is seen to try to breach the $0.39 level for two weeks. However, the bulls are running out of steam sending the price crashing down under the range’s mid-point. The price dropped further down to the $0.30 level after a couple of days.
According to CoinMarketCap, XRP price has nosedived by 0.12 % or trading at $0.3558 as of this writing.
Technical indicators for the token demonstrate a sudden twist in bearish foreplay. RSI has surged past 50 and hoisted it to act as support showing a strong uptick that could linger for the next couple of days.
More so, the Accumulation/Distribution (A/D) line was able to breach the key resistance level spotted in May which is a very critical development so far.
But, such development may not validate further progress above the $0.39 level. On the flip side, this would indicate that a breach is a possibility and could happen in a couple of weeks.
XRP’s Chaikin Money Flow (CMF) also climbed, surpassing +0.08 showing remarkable buying activity.
Spike In XRP Deman...
|ETC Group Says It Will List an Exchange-Traded Product Based on Anticipa...
Digital asset-backed securities provider the Etc Group has said it will list an exchange-traded product (ETP) based on an anticipated hard fork of the Ethereum blockchain on September 15. Current holders of Etc Group's ethereum ETP (ZETH) will be issued with 'units of the new security free of charge on a 1:1 unit basis.' Ethereum Hard Fork
The Etc Group, a provider of institutional-grade digital asset-backed securities, has said it will list a new exchange-traded product (ETP) based on a hard fork of the Ethereum blockchain that is likely to occur after the so-called 'Merge.' According to a statement issued by the securities provider, the ETP will be listed on the German exchange Xetra on September 16, a day after the forking event.
As outlined in the securities provider's statement, holders of Etc Group's current ethereum ETP (ZETH) will be issued with 'units of the new security free of charge on a 1:1 unit basis.' The statement explained that the new units will be 'in addition to their existing ZETH holdings which will persist and be backed by ETH as before.'
As the Ethereum blockchain's anticipated switch from a proof-of-work (PoW) to proof-of-stake (PoS) consensus mechanism approaches, a number of crypto experts believe The Merge will see some 'miners forking ETH to keep a PoW version so they can continue mining.' As a consequence, current ETH holders will likely receive airdrops of a new altcoin called ETHW.
Explaining the reasons behind the Etc Group's plan to list the...
|Bitcoin Bulls Aim Past $20,000 Level – How Hard Can They Charge Fo...
Bitcoin bulls have their hands full in the next days to carry out a strong advance to lift BTC out of the pit.
Throughout today's trading session, the market's performance has been bullish. CoinGecko reports that bulls are driving prices higher for nearly 80 of the top 100 cryptocurrencies. The site has only flagged six coins as the biggest losers so far.
CoinGecko has identified Bitcoin as one of the top advancing currencies. With a 24-hour market volume of $34.7 billion the currency has seen a massive increase in value in the last few hours.
This increase in price is consistent with the bullish trend seen in the market for other cryptocurrencies Friday, which includes Ethereum.
But looking at the big picture, Bitcoin is still far below its August high of $25,000, when it first reached its current value, but in fairness, it already has its sights past the $20K barrier.
As shown in the graph, Bitcoin attempted to consolidate its price range over the course of 45 days.
Bitcoin Bulls Resisting Downward Pressure
Bitcoin attempted to reduce volatility between August 19 and August 26. Bitcoin's price fluctuated between $21,897 and $20,790.
Despite the bulls' best efforts to stabilize the price of the coveted token on August 26, its value continued to decline.
Investors and traders were frightened by these previous price movements, as their indicators transmitted strong bearish and sell signals. But recently, bulls sped up and ...
|Bitcoin, Ethereum Technical Analysis: ETH Above $1,600 as 'Bellatrix' Ha...
Ethereum rallied on Tuesday, as founder Vitalik Buterin confirmed a part of the 'Merge' event was commencing today. In a tweet he stated: 'What's happening today is the Bellatrix hard fork, which prepares the chain for the merge.' Bitcoin was also higher, as it traded near $20,000. Bitcoin
Bitcoin (BTC) briefly rose above $20,000 on Tuesday, as the token marginally increased in price following recent lows.
After hitting a bottom of $19,673.05 on Monday, BTC/USD surged to a peak of $20,155.27 earlier in today's session.
Today's move once again saw bitcoin fail to break out of its short term ceiling at $20,230, which has been in place since August 26.
Looking at the chart, it appears that another resistance point has been in place during this period, with the 14-day relative strength index (RSI) also failing to break out of its ceiling.
As of writing, the RSI is tracking at 37.54, which is marginally below the aforementioned resistance point of 38.00.
Should price strength eventually move past this point, then we could see BTC make a run towards $21,000.
Today's big story has been ethereum, which rose as the much anticipated Merge edged closer.
Ethereum founder Vitalik Buterin today tweeted: 'The merge is still expected to happen around Sep 13-15'.
He added that, 'What's happening today is the Bellatrix hard fork, which prepares the chain for the merge.'
Following these tweets, ETH/USD surged in today's session, rallying to a peak of $1,670.71 earlier in the day.
|What is the Bellatrix Hard Fork: Ethereum's Last Upgrade Before the Merg...
Ethereum is on the precipice of transitioning to a Proof-of-Stake (PoS) consensus algorithm, and the Bellatrix hard fork is the last major upgrade before the actual Merge takes place.
Bellatrix is taking place today, September 6th, scheduled for epoch 144896 on the Beacon Chain. Here's everything you need to know about it.
The Merge is a 'two-step' process.
The first step is the Bellatrix hard fork triggered by an epoch height.
The second step is the Paris upgrade, triggered by the TTD threshold.
A Short Introduction
Before diving into the specifics of the Bellatrix upgrade, it's important to know its place in the overall roadmap toward the Merge.
As explained in our detailed guide on the Merge, this event is monumental in Ethereum's history and perhaps even in the entire industry as a whole. It marks the first-ever transition of a large-scale network from a Proof-of-Work (PoW) consensus to Proof-of-Stake (PoS) and will drastically change issuance and operational specifics.
Even though the Merge will happen soon (barring unforeseen circumstances), it is the result of many years of research, development, and testing. It also happens following multiple upgrades that prepare the Ethereum network for it, and this is where Bellatrix comes into play.
What is the Bellatrix Hard Fork?
Bellatrix is the very last upgrade that Ethereum's Beacon Chain will go through before it merges with the mainnet later in September.
Presently, each Ethereum node is represented on two differen...
|Input-Output Global Devs Reveal Cardano's Vasil Hard Fork Is Scheduled f...
While The Merge is expected to take place in just over ten days' time, Cardano's hard fork called Vasil now has a scheduled date. The highly anticipated Cardano fork will take place on September 22, or roughly nine days after Ethereum transitions from proof-of-work (PoW) to proof-of-stake (PoS).Cardano Devs to Launch Vasil on Mainnet in 19 Days
Cardano's development team disclosed a hardened date for the upcoming Cardano (ADA) hard fork called Vasil, following Input-Output Global (IOG) founder Charles Hoskinson explaining it would happen in September during a live stream on Twitter last week.
On Twitter, IOG's official social media account told the public that the 'Vasil upgrade date [was] confirmed.' The developers noted that the codebase merge will follow 'successful completion [and] extensive testing of all core components.'
IOG further explained that the fork would be codified into the mainnet codebase on September 22. IOG continued by adding:
Vasil is the most significant Cardano upgrade to date, bringing increased network capacity and lower-cost transactions. The upgrade will also bring enhancements to Plutus to enable devs to create more powerful and efficient blockchain-based applications.
Cardano Founder Charles Hoskinson Says Vasil Is the 'Hardest Update We've Ever Had to Do as an Ecosystem'
IOG founder Charles Hoskinson also discussed the Vasil hard fork date in a live stream on Twitter called 'Vasil is Coming September 22nd, 2022.' The hard fork's name Vasil come...
|IOG Says Cardano Vasil Hard Fork Is Almost Here, But What Is ADA Doing?
With each passing day, Cardano inches closer to one of its most important upgrades yet, the Vasil Hard Fork. IOG, the developer behind the Cardano network, had outlined three important milestones that the network needed to reach for the hard fork to be triggered. With the first of the three metrics already met at this time, the upgrade is closer than it has ever been, as confirmed by the developer.
Nearing Cardano Hard Fork
When the developer had previously confirmed that there were no longer any bugs in the Vasil hard fork, it had moved towards fulfilling the requirements for the upgrade to be completed. The first of these requirements was that at least 75% of all SPOs had upgraded to the final node version. As of the time of this writing, the team confirmed that more than 80% of all mainnet blocks are now being produced by Vasil nodes.
Second of the metrics that needed to be hit was that the top 10 of the top DApps by TVL on the Cardano network will have updated to the Vasil-supported nodes. A Twitter announcement confirmed that more than 70% of DApps have now confirmed successful pre-production testing.
The last of the requirements was that at least 25 exchanges which represented about 80% of all ADA liquidity, will have upgraded to support the network post-hard fork. This is the last step that remains for the hard fork to be triggered.
ADA price dumps to $0.45 | Source: ADAUSD on TradingView.com
IOG confirmed that 2 crypto exchanges are fully ready for the hard fo...
|Ahead Of Vasil Hard Fork, Cardano Metaverse Project Cardalonia Shows Hug...
As the Cardano Blockchain prepares for the upcoming Vasil hard fork combinator which would be set to go live on the Cardano mainnet in few weeks.
The network upgrade would bring unique features like stable coins, greater scalability and throughput on the Cardano blockchain.
Cardalonia, The Next Big Metaverse Thing On Cardano?
$ADA, the Cardano native token has shown growth in the past few weeks, followed closely by Cardalonia, a metaverse play-to-earn project being developed on the Cardano Ecosystem.
The $LONIA token has similarly shown huge demand in the past weeks as the $LONIA token presale has been filled by over 70% with less than 5 days to the end of the presale.
Interested investors wanting to get on the presale and acquire $LONIA tokens at a discount before exchange listing can do so by clicking on the link below.
What Is Cardalonia? Cardalonia is a web3 Metaverse and play-to-earn platform that offers entire interaction with NFTs and CNTs, powered by the $LONIA utility token.
As a player in the Cardalonia metaverse, you have the opportunity to choose a clan, create collectibles as NFTs, set them into operations in your Cardalonia land, and create attractive scenes on the land so that other players can buy. As the metaverse is composed of clans, to experience Cardalonia and buy land to start making money, you need to join a clan Avatar.
Here are some of the things that make Cardano different from other metaverses:
|The Vasil Hard Fork: Will It Be a Turning Point for Cardano?
It's hard fork season. Major protocols are undergoing serious upgrades, and Cardano is no exception. The network is en route to an upgrade of its own. In fact, it's one of the most highly-anticipated hard forks, and it's designed to boost Cardano's scalability and overall usability.
With many users looking forward to the Vasil hard fork, it's worth looking into how this might impact ADA.
The Vasil Hard Fork Explained
To examine its potential impact, it's necessary to first break down the technicalities of the hard fork and what it stands to achieve. You can find everything you need to know about the Vasil hard fork in our detailed and designated article.
The upcoming upgrade is called Vasil - named after the Bulgarian mathematician Vasil Dabov - a prominent member of the Cardano community. It's part of the third development epoch of its roadmap and, together with another hard fork, will mark the transition to Basho - the fourth development epoch. It's aimed at improving the network's overall scalability and usability.
The plan is to introduce five major improvements to the network. The Cardano Improvement Proposals (CIP) are as follow:
CIP-31 aims to facilitate more access to information that's stored on the network without worrying about the overall churn associated with spending and recreating UTXOs.
CIP-32 aims to restore a situation where datums are attached to outputs in a conceptually straightforward manner.
CIP-33 aims to enable reference scripts t...
|Monero (XMR) Climbs Over 7% Before Weekend Hard Fork
Monero (XMR) price has surged by as much as 7% in a matter of 24 hours before network upgrade or hard fork on August 13.
XMR climbs by over 7% overnight before the weekend hard fork. Binance recently announced support for Monero’s hard fork or network upgrade. Crypto targets $200; then $217 next.
Historically, upgrades have always triggered a boost in XMR price.
The altcoin is seen to have soared by 65% since midway of June which signals a robust price movement. With consistent and continuous recovery of the crypto market, XMR price might even shoot above $200.
According to CoinMarketCap, XMR has soared by 1.28% or trading at $167.70 as of this writing.
The Monero Hard Fork
With this upgrade rescheduled a lot of times, everyone is excited that it’s finally here. Monero is set to perform a hard fork to boost network performance, speed, wallet syncing capability, privacy, security, and decrease volatility in prices.
Monero announced in a tweet that the network upgrade via a hard fork will transpire at block 2,688,888 on August 13. More so, the privacy protocol has also officially rolled out Ledger Monero App v1.8.0 as well as the CLI & GUI v0.18.1.0 “Fluorine Fermi.”
It is highly important for exchanges, merchants, services, and users to run the v0.18 prior to the launch of the network upgrade and also to ensure uninterrupted use of XMR blockchain.
The ring size of the crypto has also enlarged from 11 to 16 which aim to boost the privacy of tran...