| 
| Kava Lend 
| #HARD
|
| HARD Price: | $0.11 | | Volume: | $304.0 K | | All Time High: | $2.87 | | Market Cap: | $17.0 M |
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| Circulating Supply: | 150,000,000 |
| Exchanges: | 5
| | Total Supply: | 200,000,000 |
| Markets: | 9
| | Max Supply: | 200,000,000 |
| Pairs: | 12
|
|
The price of #HARD today is $0.11 USD.
The lowest HARD price for this period was $0, the highest was $0.113, and the current live price for one HARD coin is $0.11318.
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 2.9 years old. |
The current market capitalization for Kava Lend is $16,977,320.
Kava Lend is ranking downwards to #434 out of all coins, by market cap (and other factors). |
The trading volume is medium today for #HARD.
Today's 24-hour trading volume across all exchanges for Kava Lend is $303,972. |
| The circulating supply of HARD is 150,000,000 coins, which is 75% of the maximum coin supply. |
 | Bitcoin Price Retraces as Interest Rates Continue to Surge, But Bitcoin ...
Bitcoin's (BTC) price continues to fall, with the coin now trading around the $26,250 level.
Although Bitcoin is still up 57% year-to-date, its value has fallen significantly since early August, with the high-interest-rate environment taking its toll on investors.
Meanwhile, Bitcoin-style project Bitcoin BSC (BTCBSC) is nearing its $6 million presale hard cap after a wave of buying momentum in the past few weeks.
Bitcoin’s Price Slide Worries Investors as Key EMAs Broken
Since surging to $27,500 ten days ago, BTC's price has fallen over 4%, breaching the 20-day and 50-day Exponential Moving Averages (EMAs) to the downside.
More importantly, the coin's price has also dipped below the 200-day EMA, often used as a proxy for long-term direction.
When the price fell below this EMA, traders viewed it as a bearish sign, believing it could signal further declines.
In turn, it has led to a self-fulfilling prophecy where investors, spooked by the negative signal, have started to sell their holdings.
According to CoinMarketCap, BTC trading volume has sunk 30% in the past 24 hours, indicating a decrease in trading activity.
This lower trading volume suggests fewer investors are buying Bitcoin at its current price.
Additionally, Augmento.io’s BTC sentiment index has dropped to 0.391 over the past two weeks – signifying waning investor interest.
High-Interest-Rate Environment Weighs on BTC Price
The high-interest-rate environment is a key driving force behind Bitcoin's d...
|  | Ethereum Hard Fork Coin ETHW Down More Than 95% Since The Merge
Nearly a year after Chandler Guo - the instigator of the Ethereum blockchain's last hard fork - predicted its rise, the native coin of the breakaway Ethereum proof-of-work blockchain has plummeted by more than 95%. Ethereumpow (ETHW) now trades at a price less than 1% of the U.S. dollar value of ether. The team behind the Ethereum proof-of-work network acknowledged in March that the protocol's prospects may not be as bright as they were in September 2022.ETHW's Gradual Decline
Almost a year after it debuted at just over $100, ethereumpow (ETHW), the native coin of the breakaway Ethereum proof-of-work (PoW) blockchain, traded at $1.32 on Sept. 13, 2023. At this price, the coin is down by more than 95% from its maiden price. In contrast, the main Ethereum blockchain's native coin ETH, which traded at just under $1,560 at the time of The Merge, was pegged at $1,600 on the same day.
The decline of the forked coin's value appears to contradict assertions made by Chandler Guo, the instigator of the Ethereum blockchain's last hard fork. As reported by Bitcoin.com News in 2022, Guo insisted the price of ETHW was 'very cheap' and predicted its eventual rise by 100X. At the time, Guo suggested that it would take 10 years for the price of ETHW to match that of ETH.
However, some twelve months later, ETHW, whose value was equivalent to 6% of that of ETH, is seemingly not on course to match the price of ether. Instead, as shown by the latest data, the forked coin now trades at a value wh...
|  | Ethereum's Fiery Path: $6.6 Billion Ether Burned Since the London Hard F...
Drawing upon recent data, the Ethereum network has incinerated close to 3.46 million ether, translating to a staggering $6.68 billion in value burned since the London hard fork's implementation on August 5, 2023. Taking into account the 710-day period that followed, the Ethereum network maintained a relentless burn rate, burning an average of over 146,000 ethereum every month.Ethereum Has Burned 3.46 Million Ether in 710 Days
Nearly two years - precisely 23 months - have zipped by since the enforcement of Ethereum's London hard fork, marking the implementation of Ethereum Improvement Proposal (EIP) 1559. This significant change has led to the continuous burn of the base fee portion of a transaction fee on the Ethereum network, around the clock, each day.
Current figures reveal a total of over 3.46 million ether has been burned since the London hard fork. Given the prevailing ETH exchange rates, the overall worth of the obliterated ether adds up to $6.68 billion. This equates to a monthly average of more than 146,000 ether being destroyed since EIP-1559 came into effect.
To give a sense of scale, the sum of $6.68 billion worth of ether burned could enable a person to purchase roughly 19,085 single-family homes, each estimated at an average price tag of $350,000. EIP-1559 paved the way for a deflationary technique in Ethereum, steadily diminishing the total ETH supply.
Regular ETH transfers have contributed most significantly to the Ethereum reduction, incinerating nearly 300,...
|  | Here's When the Binance BNB Chain Will Hard Fork and Why
On July 12, BNB Chain announced that the mainnet blockchain is expected to have a scheduled hard fork upgrade at block height 328,088,888.
Considering the current speed of block generation, the hard fork is forecast to occur on July 19, it added. BNB Chain was formerly known as Binance Smart Chain (BSC).
The hard fork has been dubbed Zhang Heng after a Chinese polymathic scientist and statesman who lived during the Han dynasty.
Important information about our latest upgrade https://t.co/4sJkTJbGeZ
— BNB Chain (@BNBCHAIN) July 12, 2023
BNB Chain Security Improvements
The upgrade will introduce BEP-255, which proposes “implementing on-chain asset reconciliation on BNB Beacon Chain to improve security.”
It explained that “user balance changes are tracked in each block and will be reconciled to identify issues” before adding:
“When there are reconciliation errors, the blockchain will panic and stop producing new blocks.”
There is also a bug fix for a security issue called “Rogue Key Attack,” it noted.
The team explained that no action needs to be taken by BNB holders, but full node operators need to switch to v0.10.16.
Last month BNB Chain went through another hard fork called Luban which introduced three evolution proposals (BEPs).
According to DeFiLlama, BNB Chain is the third largest in terms of total value locked with $3.3 billion. There are 626 protocols running on the network, which has around 1.38 million active users...
|  | Post-Shapella Hard Fork: Ethereum Deposits Exceed Withdrawals, Wait Time...
It has been a week since Ethereum's Shapella hard fork, and statistics indicate that ethereum deposits on April 18 have exceeded withdrawals for the first time since the upgrade. At present, 929,999 ether worth $1.94 billion is pending withdrawal, and over the past three days, 112,568 ether has been added to liquid staking protocols.Just Under a Million Ether Worth Close to $2B Waits to Be Withdrawn; Average Network Fee Jumps Over $12 Per Transfer
Since the Shapella upgrade, market participants have been closely monitoring Ethereum withdrawals as there was a lot of debate in the past over whether there would be massive sell pressure on the market. However, as of April 18, 2023, that has not been the case. Ethereum (ETH) is up 9% against the U.S. dollar over the past seven days.
During the week, withdrawals and those waiting to withdraw have continued to climb, and currently, just under a million ether, or 929,999, is in line to withdraw. On Tuesday, Nansen.ai statistics show that deposits have outpaced withdrawals, a first since Shapella was implemented on April 12.
Shapella enabled ethereum stakers to withdraw both the full balance of a validator or a validator's consensus layer rewards. When a full validator removes their 32 ether, they are deactivating their validator position as a whole, while partial withdrawals allow stakers to simply withdraw rewards earned over the period they started staking.
The withdrawal queue can take days for people, and statistics currently s...
|  | Liquid Staking Protocols See Increase in Monthly ETH Deposits Despite Wi...
Following the Shapella hard fork on April 12, 2023, approximately 332,368 ether, valued at around $699 million, has been withdrawn. Despite these withdrawals, liquid staking protocols like Lido, Rocketpool, and others have experienced an increase in ether deposits over the last 30 days. Since March 14, a total of 281,498 ether worth $592 million have been added to these protocols.
TVL in Staked Ether Accounts for Over 30% of Defi's Locked Value, With Lido Leading the Pack
As of April 15, 2023, there's $53.68 billion total value locked (TVL) across various decentralized finance (defi) protocols. Around $16.96 billion or 31% of today's defi TVL is in staked ether. Lido's TVL stands at approximately $12.74 billion, accounting for 23.74% of defi's locked value. The rising price of ethereum (ETH), above the $2,100 per unit range, along with deposits into ETH-based liquid staking protocols have contributed to an increase in value for these platforms.
For instance, Lido's TVL has grown by 18.02% over the past 30 days; Coinbase's liquid staking protocol has risen by 16.51% within the same period. Rocketpool's TVL has surged by 22.48%, while Stakewise has expanded by 15.83%. Archive data from March 14, 2023, shows that 7,749,372 ETH were locked in liquid staking platforms; as of April 15, that number is up to 8,030,870 ETH – an addition of 281,498 ether in just one month.
Simultaneously, since the Shapella hard fork integration, a total of 332,368 ether has been withdrawn from ...
|  | Billionaire Barry Sternlicht Warns of Hard Landing — Says 'Economy...
Billionaire Barry Sternlicht, chairman and CEO of Starwood Capital Group, has warned that the U.S. economy is going to implode, emphasizing that interest rates have to fall. He further stressed that the economy 'will have a hard landing.'Barry Sternlicht on Hard Landing, Economic Implosion
The chairman and CEO of Starwood Capital Group, billionaire Barry Sternlicht, discussed the state of the U.S. economy in an interview with CNBC on Thursday.
Following the Federal Reserve hiking interest rates by 25 basis points (bps) on Wednesday, Sternlicht reiterated that the Fed should have stopped raising interest rates, citing the banking crisis. Recently, several major banks failed, including Silicon Valley Bank and Signature Bank.
'I think you have to lower rates. That's how you recapitalize the banks. I think they've done enough,' Sternlicht opined, adding:
The bond market is telling you what's going to happen. The bond market is right. Interest rates have to fall. The economy is going to implode.
Last week, billionaire Jeffrey Gundlach, aka the 'bond king,' also explained how the bond market is signaling that the Federal Reserve will be cutting interest rates substantially soon.
Asserting that Federal Reserve Chairman Jerome Powell 'is using a steamroller to get the price of milk down two cents, to kill a small fly,' the Starwood Capital CEO stressed: 'You do not have to see the car hit the wall to know it's going 8,000 miles an hour and it will hit the wall.” He cautioned:
T...
|  | Here's the Target Date for Ethereum's Shanghai Hard Fork
After a months-long wait since the Merge, Ethereum developers have set a target date for the network’s highly anticipated Shanghai hard fork.
The upgrade will enable the network’s stakers to withdraw their locked Ether (ETH) for the first time since December 2020.
Withdrawing Staked ETH
During a recorded call among core developers on Thursday, devs set April 12 as their target date for “Shapella” – the dual upgrade enabling ETH withdrawals. Shapella is a combination of the words Shanghai and Capella, changes to Ethereum’s execution and consensus layer respectively.
Once devs vote on and confirm the upgrade via GitHub, April 12 will be set in stone – a month's delay from their initial target date of March 2023. To be precise, popular developer Tim Beiko tweeted on Thursday that the fork would occur at block 6209536, which will arrive at 10:27:35 PM UTC on April 12.
This follows several successful simulation upgrades across Ethereum’s testnets, including its Goerli testnet on Tuesday. Things ran smoothly besides some issues surrounding validators who were late to upgrade – problems that Beiko claimed are not likely to repeat on the mainnet.
Again, this is something that might be worse on Goerli than mainnet, as it's more likely those nodes are being run with less resources than mainnet ones.
— timbeiko.eth (@TimBeiko) March 14, 2023
Ethereum’s move to proof of stake in Septembe...
|  | 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 FUD
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:
On-chain governance
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.”
On-chain governance
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.
Binance
Upbit
MEXC
Bitrue
Coinbase
XT.com
AAX
WhiteBit
ChangellyPRO
BKEX
ZB.com
HitBTC
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.'
Vasil Highlights
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
Bias
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)
Diffusion Pipelining
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...
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