Author: Donald Munn

The latest news related to the Cardano blockchain includes the announcements of Project Catalyst’s Fund 9, amounting to 16 million ADA (~$8 million at the time of writing) and a new EVM sidechain developed by IOG which will further increase interoperability between Cardano and Ethereum. These announcements are contributing to the growth of the Cardano ecosystem, which is taking advantage of this hype-free bear market to research and develop protocols and dApps. Project Catalyst’s Fund 9 It has already been covered what Project Catalyst is some time ago, but to summarize, Project Catalyst is one of the world’s largest community-driven…

A country with nearly 280 million tech hungry people, one of the largest markets in Asia & a huge unbanked  population are the factors driving crypto adoption in Indonesia. According to a recent report, 41% of all  Indonesians own crypto. 64% of people in Indonesia believe it’s a hedge against inflation, and 61% of people believe that crypto is the future of money. According to the Ministry of Trade, transactions for currencies like Bitcoin grew over 14 times from a total of 60 trillion rupiahs ($4.1 billion) in 2020 to a total of 859 trillion rupiahs ($59.83 billion) in 2021. …

Tether, the market’s most capitalized stablecoin, was the target of a DDoS attack on Saturday.  1/This morning @Tether_to received a ransom request to avoid mass DDOSes.They tried already once.On a normal day we have around 2k reqs/5minThe attack brought us to 8M reqs/5min. pic.twitter.com/rWEan5VNFX — Paolo Ardoino (@paoloardoino) June 18, 2022 Tether (USDT) was the victim of a DDoS attack According to Tether’s CTO, Paolo Ardoino, the attack sent 8 million requests to their server in just 5 minutes, compared to an average of about 2,000.  In addition, the attackers demanded a kind of “ransom” to prevent further similar attacks.…

SuperRare, the NFT marketplace dedicated to Crypto Art, announces its third Digital Identity exhibition at the gallery in Soho, New York. The exhibition will feature 18 leading artists exploring themes of digital and physical identity.  SuperRare and its third exhibition at the Soho Gallery: Digital Identity SuperRare, the well-known NFT marketplace dedicated to Crypto Art, announced that from 20 June to 9 July at the Soho Gallery, there will be its third exhibition, called “Digital Identity”.  “Digital Identity” meets real life in the next #SuperRareGallery exhibition SuperRare GalleryJune 20 – July 9417 W Broadway, NYC Make sure to visit during…

Noku, the Web3 platform that features NFTs, play-to-earn games, and soon the metaverse, has announced the pre-mint date of the PFP collection ‘Heroes: Genesis’ on 22 June 2022 at 1 PM Italian time.  The pre-sale will take place on Nokuchain to allow users to receive the NFT in advance and unlock the new features immediately, before anyone else. Noku and the announcement of the ‘Heroes: Genesis’ Pre-Mint Noku has announced the date to start minting ‘Heroes: Genesis’, the platform’s new PFP collection, developed via the NPFS PROTOCOL (Noku-Planetary-File-System).  PRE-MINT ANNOUNCEMENTThis is a great day: we have the official pre-mint date!On…

Bitcoin miners are an important yet often overlooked section of the cryptocurrency community. While people like Michael Saylor or Jack Dorsey grab the headlines, Bitcoin miners are in the background, securing a network that processes billions of dollars in value annually. As mining plays a key role in Bitcoin, it is important to have an avenue for professionals to interact and discuss industry-related issues. Not only does this foster a sense of community, but it promotes cross-pollination of ideas and innovation in the Bitcoin mining industry. However, Bitcoin miners have often lacked the opportunity to interact with colleagues and industry…

New week, new crypto horoscope dedicated to the coming week which runs from 20 to 26 June 2022. This week will be characterized by two transits the new Sun in Cancer on Tuesday 21/6 Venus in Gemini from Thursday 23/6 For several months now, we have been devoting space to the crypto horoscope written by Stefania Stimolo, an expert in astrology and blockchain. You will find this analysis of your zodiac signs every Sunday only on cryptodailynews24.com. With our “Reporting the Future” slogan, we wanted to playfully expand on this theme with this entertainment column. The crypto horoscope We called…

This week’s guest on the Cardano SPO Column is a stake pool operated by Stef from Italy who’s working on a traceability solution: Rabbitholepools [RABIT]. Last week’s guest was a stake pool implementing environmental action and education and contributing to the improvement of our earth’s ecosystem. This initiative is a point of reference for everything Cardano and every week or two we will invite a Stake Pool Operator (SPO) to answer some questions and give us an update directly from within the Cardano community. Considering that many of our readers are new to the crypto space, we will have a…

After several successful collaborations with Sony Music Italia, internationally renowned artists and big brands like Guess, The Nemesis and LiveNOW announce a partnership to bring exclusive content into the metaverse. The aim is to engage the Gen Z target with more immersive entertainment experiences and an increasingly diverse set of content.  Alessandro De Grandi, CEO & Founder of The Nemesis, said: “The expansion of usable content in the metaverse can only facilitate the adoption of new technologies by the mass market”. He does so by echoing one of the key points of the platform’s vision, which is to offer entertainment…

USDD, the algorithmic stablecoin on Tron, has received an additional 300 million USDC to use as reserves. @trondaoreserve has received another 300 million USDC as reserve. Current USDD collateralization rate is above 300%. https://t.co/8OrPih3Wwo — TRON DAO Reserve (@trondaoreserve) June 17, 2022 The $300 million in USDC added to USDD’s reserves In recent days, USDD has lost parity with the US dollar due to fears that it could implode like UST did in May.  Algorithmic stablecoins always run the risk of not having enough hedges to maintain their value, due to the possible sharp loss in value of the reserves.…