Cardano's price isn't the only thing posting strong gains; the total value locked (TVL) across the network's DeFi ecosystem is hitting new highs.

March 21, 2022       /       Unchained Daily       /       Laura Shin Daily Bits ✍️✍️✍️ DAO treasuries are worth $9.5 billion across Ethereum and Solana. ConsenSys[...]

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India’s proposed crypto taxation law will take effect on 1 April this year. Ashish…

The post India’s crypto tax law clarification is ‘a step backwards’, says CEO of CoinSwitch appeared first on Coin Journal.

NFTs seems to be an unstoppable force. The latest in the blockchain world, NFTs have grown from being traded at $100 million in 2020 to $23 billion in 2021. The 230x increase has got crypto investors searching high and low for quality NFT projects to support. Non-Fungible Tokens, or NFTs, are a way for the…

The post This NFT Marketplace Is Breaking Barriers appeared first on Bitcoin News Miner.

Since the token was launched roughly three days ago, the digital currency apecoin (APE) has been a topical conversation within the cryptocurrency community on forums and social media. So far, just over 82% of the claimable APE has been claimed and 13,672 unique addresses have received APE from the airdrop. Meanwhile, the Bored Ape Yacht […]

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As the leading two cryptocurrencies, BTC and ETH, finally saw decent gains, a wave of bullishness flooded the market. Bitcoin has remained stable over the last 24 hours; the difference this time was a combination of sell-offs and gains, with no major uptick in the value of the majority of the coins. At the time …

In the final 7 days, Cardano is among the finest performers on the crypto high 10 by market cap. Proof-of-Stake networks lead the market, as Bitcoin and others stand within the again. Related Reading | Cardano (ADA) Takes A Tumble After Hoskinson Is Accused Of Falsifying Credentials Avalanche (AVAX) data nearly 30% in income, as […]

The post Cardano Soars 13% On Rumors Of Burn Mechanism, Hoskinson Reacts appeared first on Bitcoin Upload.

Who needs luck when you have technology? A new video featuring a unique AR (augmented reality) filter is turning heads online and kickstarting discussions around the impact of immersive technology on the gambling industry. First spotted by Futurism, the video showcases an AR overlay capable of providing an estimated win percentage in a game of […]

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In the last 7 days, Cardano is one of the best performers on the crypto top 10 by market cap. Proof-of-Stake networks lead the market, as Bitcoin and others stand in the back. Related Reading | Cardano (ADA) Takes A Tumble After Hoskinson Is Accused Of Falsifying Credentials Avalanche (AVAX) records almost 30% in profits, as Ethereum (ETH) records 16% and Cardano (ADA) 13% profits over the past week. ADA’s price trades at $0.89, as of press time, and could see further gains in the short term as the market experiences further gains. ADA’s price appreciation could be fueled by rumors about the potential implementation of a burn mechanism for Cardano. The news was shared on Twitter by WatcherGuru triggering a reaction from the ADA community. The source of the rumor could be a tweet from Clark Alesna, developer and CEO of a company called SAIB Inc. Alesna accepted a “challenge” from Hoskinson and said he will start production of a burn smart contract for ADA. Alesna said: It seems like no one really took Charles Hoskinson challenge to build a #Cardano $ADA burn smart contract challenge that he put out some time ago. So, I’m taking matters into my own hands and started to plan and code it this weekend. I’ll update you guys soon. However, the tweet and its replies suggest Alesna was simply joking. The message by taken seriously by certain media outlets which triggered a reply from Hoskinson himself. The inventor of Cardano shared the following meme as a response to these reports. https://t.co/f9qU9xW5gl pic.twitter.com/KfaZEEBXrw — Charles Hoskinson (@IOHK_Charles) March 19, 2022 The ADA community seems to agree a burning mechanism will never be implemented on Cardano and classified the rumors as “misleading”. Most of the users seem to agree this system will bring disadvantages to the network. A pseudonym user said: Misleading information. There will never be layer 1 chain burns. You can’t burn utxo protocol just like bitcoin. Token means layer 2 blockchain on Cardano may require burns. Have to get this clear. Why eth burn? Because they build very differently in terms of accounting model. We shall not talk about them as they are struggling to roll out decentralised proof of stake. The Cardano Ecosystem On Fire Data shared by Hoskinson suggest the Cardano ecosystem has been expanding since the implementation of its smart contract capabilities. As seen below, there are over 500 projects building on this network, per Hoskinson. Currently, Non-Fungible Tokens (NFTs) seem to be dominating development on this network, native marketplaces for these digital assets follow at a much smaller scale, with Decentralized Exchanges (DEX), GamiFi, and wallets. Related Reading | Cardano (ADA) Attains 9th Position in Market Valuation During Ecosystem Inflows He hinted at the continuation of this trend, as Cardano deepest into its third era of development, known as Basho. Hoskinson said: “Moving the chains. A large wave will come after June when the Vasil hardfork happens”. This could potentially support the continuation of the current bullish trend for ADA’s price.

Shiba Inu has enjoyed somewhat of a bittersweet journey ever since it broke onto the crypto scene in August 2020. The crypto asset which was...

Founder and Chief Executive Officer of Grayscale DCG, Barry Silbert, has gotten into the nerves of the Dogecoin community after leaving the meme token out [...]

Here's a brand new look at Phasmophobia's overhauled VR support. Improved hand models, seated mode and more are being added soon.