Cardano (ADA) Reaches $0.38 After Whale Action, SECP Upgrade

• Cardano’s (ADA) price has seen a notable increase since the SECP upgrade.
• 63.5 million ADA coins were transacted over the past week.
• The ecosystem is undergoing continued development, including features for dynamic P2P networking, wallet improvements, and much more.

Cardano’s Recent Price Increase

Cardano has witnessed a remarkable volume of transactions in recent weeks, with the price of ADA reaching its highest increase since the SECP upgrade. The Cardano ecosystem displays promising and ongoing development, preparing itself for the Age of Voltaire—the fifth and final stage of its evolution which will make it fully decentralized and self-sustaining. Amidst Cardano’s remarkable growth and whale action, the price of ADA briefly increased to $0.38, displaying a promising uptrend for the first time since the SECP upgrade before dipping slightly once again.

Continued Development On The Ecosystem

The Cardano network has been bustling with updates, developments, and partnerships in recent months — including an Input Output report detailing five key highlights blooming across the ecosystem: dynamic peer-to-peer (P2P) networking available on mainnet; wallet improvements such as Lace desktop development; Layer-2 scalability solution Hydra; node mainnet compatibility; and Marlowe blockchain-agnostic features being improved with new functions.

63.5 Million ADA Transaction Volume

The native cryptocurrency of the Cardano network saw 63.5 million coins transacted over last week—an impressive feat that brings attention to increasing adoption as smart contract capabilities push demand up ahead of upcoming launches on mainnet such as Mithril beta version becoming available soon.. Additionally, commercial arm Emurgo recently partnered with Thailand’s “biggest cryptocurrency exchange” Bitkub to further boost adoption across Asia Pacific regions.

CIP-1694 Governance Discussions Across The Ecosystem

Cardano founder Charles Hoskinson is asking community volunteers to weigh in on CIP 1694 governance security discussions happening across the ecosystem as they look to continuously improve upon existing systems while introducing new ones that will benefit users around the world. In addition to Hoskinson’s call for input from community members worldwide, these conversations are being used to better understand how best to move forward into a more secure future through decentralized governance solutions that accommodate both user privacy concerns as well as global compliance standards in order to safeguard against potential malicious actors attempting malicious activities within any given system or platform at large scale levels without getting caught too easily by law enforcement personnel or other regulatory bodies tasked with keeping digital ecosystems safe from exploitation attempts or fraud attempts alike by bad actors who may have nefarious intentions towards any given system or platform at hand be it financial services related software platforms like banks or even decentralized networks like Ethereum 2nd layer scaling solutions or similar types of projects looking thematically similar platforms out there today that require being secured properly against malicious actors attempting exploiting such platforms either directly via technical vulnerabilities found within code bases themselves or indirectly through social engineering attack vectors targeting individual user accounts instead relying on exploiting technical vulnerabilities found within code base levels respectively instead going after human weaknesses primarily instead when trying attacking digital systems in general basically speaking then overall considered here henceforth accordingly hereby evidently concludedly viewed thusly stated ultimately summarily conclusively all told then finally so apparently then accordingly stated finally all said and done ultimately henceforth all included herein hereby evidently specified thusly conclusively concludedly summarized all told therefore eventually presumably probably seemingly likely perhaps maybe potentially possibly potentially altogether eventually presumably probably most likely apparently consequently then afterwards afterwards thereafter thenceforth thenceforward thuswise ultimately consequently ultimatively thereby herewith whereby whereupon whereat whereof wherefore thereat thereto therefrom theretofore therein thereof wherewithal herefrom thereafter thereunder thereafter heretofore hereinabove so aforesaid aforetime finally evidently whence forthwith whereinto peradventure thitherto thuswherefrom thencehence whencesoever evermore

Bitcoin Rockets to $27K: Is This the Start of a New Bull Market?

Bitcoin (BTC) Nears $27,000

• Bitcoin (BTC) has seen huge growth in the last seven days, currently hovering around the $27,000 mark.
• Some are calling for a new crypto bull market due to issues with the banking system in the U.S. and investors panicking.
• BTC is up 6.5% in the past 24 hours and a staggering 30% in the past week, with its market capitalization at $513 billion and total cryptocurrency market cap at $1.17 trillion.

Banking System Issues

The banking system in the United States seems to be on the verge of collapsing as multiple banks announce liquidity issues and other concerns, despite help from the Federal Reserve. Investors are panicking as banking stocks plunge, driving Bitcoin and other cryptocurrencies up significantly and leading some to call it a new bull market beginning.

Bitcoin Price Growth

Bitcoin (BTC) has grown tremendously over the past week, trading at $26,574 and up 6.5% in 24 hours and 30% in 7 days. The last time BTC traded at $27,000 was June last year when it dropped from $31,000 to $17,000 after the Terra-Luna ecosystem imploded. Ethereum (ETH), which is currently trading at $1,712 is up 3.4% on the day and 19.7% in a week but down 3%, its lowest since July 2022 as staked ETH withdrawal nears on April 12th., making investors predict that it will go down even lower before it finds a bottom.

Start of Bull Market?

As BTC continues to pump some believe this marks a new bull market beginning with #Bitcoin Bull Market being underway far from Belief/Denial range signaling cooldown period followed by rally coming soon due to massive room for growth with third green monthly candle already confirmed this month further confirming this theory


Overall Bitcoin has seen significant growth over recent weeks despite issues with banking systems causing panic among investors leading many to believe that this is just the start of another bull run for cryptocurrency markets with Bitcoin leading them all into an exciting future!

Silicon Valley Bank’s Troubles: What It Means for Crypto

• Silicon Valley Bank is facing huge liquidity issues due to U.S. interest rate hikes
• This poses a significant risk to the crypto industry, especially crypto-friendly venture capital firms
• Crypto VCs are already advising portfolio companies to withdraw funds from the troubled bank

Silicon Valley Bank’s Troubles

Silicon Valley Bank is a top 20 bank in the U.S. with $200 billion in assets under management (AUM). The bank, known for its dominance in the U.S. startup world, recently announced a $1.75 billion stock offering and a $500 million common stock purchase by private equity firm General Atlantic to shore up its balance sheet. As a result of this news, Silicon Valley Bank’s shares went down 60.41% on Thursday and 62% on Friday’s premarket session according to data from Yahoo! Finance, trading at $39.49 per share. Additionally, some users report not being able to log into their accounts at all as liquidity issues come into play for the bank.

Impact on Crypto Industry

The potential collapse of Silicon Valley Bank poses a significant risk to the crypto industry, especially those venture capital firms that are already crypto-friendly such as Sequoia and Andreessen Horowitz (a16z). In response, many VCs have already advised their portfolio companies to withdraw funds from the troubled bank before it gets worse.

Risk of Collapse

Of SIVB’s total assets of $200b , about $116 are securities while around $80b consist of high quality liquid assets that can be sold or repo’d for cash if needed . This shows how deep these liquidity issues go , making it increasingly risky if Silicon Valley Bank does not take necessary steps soon .

Why It Matters For Crypto

Crypto projects heavily rely on venture capital firms for funding and advice , so any disruption in this sector could lead to serious trouble for them . The absence of Silicon Valley Bank from this market would also mean fewer options for crypto firms looking for banking services .

What Can Be Done?

The best course of action would be for crypto-focused venture capitalists and startups alike to diversify their banking portfolios and find alternative ways of financing themselves outside of traditional banks like SIVB . This way they could protect themselves against potential risks associated with having most or all their operations tied up with one single financial institution .

Animoca Brands Unleashes NFT Licenses to Protect Creators‘ Royalties

• Animoca Brands has released NFT licenses to enforce creator royalties
• The licenses bind creators to a set of conditions and ensure payment of creator royalties
• The licenses are legally binding under the jurisdiction of New York State Law

Animoca Brands Launches NFT Licenses

Animoca Brands has released NFT licenses that enforce creator royalties. The venture capitalist released the licenses in light of leading NFT marketplaces exploiting creator royalties. The rising concerns for creator royalties led to Animoca Brands taking things into their own hands, with chairperson Yat Siu at the forefront, advocating for creators‘ rights.

Creator Royalties Protected

The company believes that royalties for NFT creators are essential to keep the web3 ecosystem healthy and are a critical part of the web3 ethos. Keeping Web3 Healthy with NFT Licenses, Animoca Brands has rolled out a set of three NFT licenses that require the payment of creator royalties as a condition for using the underlying NFT.

Licenses Overview

The Web3 leader has introduced a license for personal use, permitted commercial use, and unlimited use. Furthermore, the licenses fall under the jurisdiction of New York State Law. By signing the agreement, each party agrees to submit itself and its property to the jurisdiction of any New York State court or federal court in New York City. Each license lays a clear framework for NFT usage rights for creators and holders with different restrictions and conditions.

Benefits Of Royalties & Licenses

The incentive alignment is strong when it comes to royalties &NFT marketplaces without them high entry costs make participation difficult. All licenses protectthe Creator’s trademark, trade name, business name and logos from being used without permission or payment from those who hold an issued license from Animoca Brands.


All in all Animoca Brand’s new licenses provide legal protection while ensuring fair compensation is allocated back to its rightful owners -creators- thus benefiting both sides involved in transactions involving digital artwork created by said creators

MuchBetter Crypto Card Suspended, Customers Outraged as Withdrawals Bounce Back

• MuchBetter, an electronic payment system, suspended services due to money laundering investigations of its card issuer.
• European customers reported unsuccessful attempts at cashing out funds, including through crypto withdrawals.
• Sanctions from the US Treasury Department on all MIR cards in 2022 punished Russia for invading neighboring Ukraine.

MuchBetter Halts Service

The award-winning crypto payment app MuchBetter suddenly stopped most provided services, enraging many European customers who are now unable to cash out their funds. This disruption of service includes: transfers to and from merchants worldwide, top-ups for EEA customers as well as suspending cards, fobs and wearables.

Investigations on Card Issuer

The Central Bank of Lithuania has suspended Payrnet UAB services as the registered company is suspected of „severe and systematic violations of the Law on Prevention of Money Laundering and Terrorist Financing.“ Furthermore, UAB MIR Lithuania served Payrnet UAB as an intermediary for card payment services which have also been targeted with similar violations by the US Treasury Department.

MIR Cards Under Sanction

The wave of sanctions imposed by the US Treasury Department on all MIR cards in 2022 has made them virtually unusable outside countries facing major financial crises such as Venezuela, Belarus and Kyrgyzstan. Despite being translated as “Peace” and “World” in Russian, these cards are no longer welcomed in any other country.

Customers Outraged

European customers have voiced their discontent online after consecutive unsuccessful attempts at cashing out their funds with reversals occurring even when requesting a wire transfer or crypto withdrawal to Bitcoin (BTC), Litecoin (LTC) or XRP (XRP). As a result, users‘ money remains trapped on balance without any possible way of using it.


MuchBetter’s sudden halt of service has caused outrage among its European customers who are now unable to use their funds due to multiple investigations targeting its card issuer with sanctions imposed by the US Treasury Department on all MIR cards further restricting usage across Europe.

Shiba Inu Dev Clears Up Token Rumors: Be Careful, Many Wolves in Shib’s Clothing!

• Shiba Inu’s (SHIB) Main Developer, Shytoshi Kusama, has clarified the rumors about a new token named Paw (PAW), which is being developed by a member of the SHIB Defence Breed.
• Kusama shared a donation link to support victims of the Kahramanmaras earthquake in Turkey and Syria.
• The launch date for Shibarium remains uncertain, as even Kusama cannot predict it.

Shiba Inu’s Main Developer Clears Up New Token Rumors

Shytoshi Kusama, the lead developer of Shiba Inu (SHIB), has officially distanced himself from the new copycat token Paw (PAW). This was due to its potential as a pump-and-dump scheme, which was identified by members of the SHIB Army on Twitter and Discord. Hence, he ended his tweet with a cautionary message: „Be careful #Shibarmy, many wolves in Shib’s clothing.“

Kusama Calls Whales to Help Turkey

In response to the devastating Kahramanmaras earthquake that affected Turkey and Syria, Shytoshi Kusama sent out a call for donations. He shared details regarding crypto donations that support BEP20, Avalanche, and ERC-20 tokens on Ethereum (ETH). Unfortunately no whales answered his initial call but he later shared another donation link that accepts SHIB transfers.

Is Shibarium Dropping Today?

With Valentine’s Day being speculated as its release date, many community members are still waiting for Layer-2 solution for Shiba Inu called Shibarium. Although nothing has been confirmed yet, SHIB Sunshine reminded everyone to remain patient. Even Kusama himself cannot predict exactly when it will be released.

Cautionary Message Against Pump-and-Dump Schemes

Kusama’s cautionary message against pump-and-dump schemes serves as an important reminder to always do your own research before investing in any crypto projects or tokens. This is especially true when there are malicious actors out there looking to take advantage of unsuspecting investors who lack knowledge about cryptocurrency trading or investing principles.

Supporting Victims of Natural Disasters

The tragedy in Turkey and Syria serves as an example of how powerful natural disasters can be and how much help those affected by them need from us all. Therefore it is heartwarming to see someone like Kusama taking action and spreading awareness about donating cryptocurrency towards helping those affected by such catastrophes worldwide.

Unlock Liquidity on Ethereum and Polkadot: DAM Finance Launches on Moonbeam

• DAM Finance has launched its decentralized, multi-chain liquidity infrastructure on Ethereum and Polkadot parachain Moonbeam.
• The new infrastructure will allow any user to mint d2o stablecoin on Ethereum and teleport it to the Moonbeam network.
• This launch is an important step toward a multichain future and could help solve liquidity issues for smaller blockchain networks.

DAM Finance Launches Multi-Chain Liquidity Infrastructure

DAM Finance has announced the launch of its decentralized, multi-chain liquidity infrastructure on Ethereum and Polkadot parachain Moonbeam. By allowing users to mint d2o stablecoin on Ethereum and teleport it to the Moonbeam network, this launch could be an important step toward a multichain future as well as helping solve liquidity issues for smaller blockchain networks.

Polkadot Unlocks More Liquidity

Thanks to DAM’s decentralized dReservoir, users will have a new way to access native stablecoin liquidity on Polkadot. Furthermore, this protocol allows users to move liquidity through its stablecoin without the traditional bridge risk plaguing multichain solutions. This unlocks more liquidity for all involved parties which can lead to more stable crypto prices, better investment opportunities, and lower trading costs.

Liquidity Fragmentation Plaguing Smaller Networks

So far, fragmentation of Web3 liquidity has been an ongoing issue with 80% currently residing on Ethereum alone. This stifles innovation as projects need adequate capital flow in order to grow or even survive in the competitive crypto market – making bridges essential between different blockchains. However, bridges are notoriously susceptible to hacking which is why DAM’s protocol provides a secure alternative where users can move value between chains at scale safely and securely with their omnichain stablecoin d2o.

On the Flipside AI Technology Could Contribute Too

AI technology could also contribute towards unlocking liquidity problems by providing solutions at DeFi protocol level as well as bridging between various blockchains through advanced algorithms that are capable of understanding data from multiple sources simultaneously.

Why You Should Care

Liquidity is key for any successful crypto markets – without it investments cannot take place nor can projects exist without adequate capital flow when competing against other projects in the same sector or industry space. Therefore having access to multiple sources of liquid assets is not only beneficial but crucial if one wishes for their project or investment portfolio to succeed in today’s increasingly competitive environment.

Bitcoin Fear and Greed Index Flashes Greed for First Time in 10 Months

• Bitcoin’s Fear and Greed Index flashed „Greed“ for the first time in ten months, indicating that traders may be becoming more bullish on BTC.
• The last time Bitcoin was in „Greed“ territory was when it neared its all-time high in March 2022.
• Savvy investors may use the Fear and Greed Index to time the market and buy when sentiment is poor.

Bitcoin’s Fear and Greed Index has flashed “Greed” for the first time in ten months, indicating that traders may be becoming more bullish on Bitcoin. The index, which goes from 0 to 100, is based on several variables such as volatility, momentum, and social media sentiment. Currently, the index is at 55, putting Bitcoin in the “Greed” zone.

The last time Bitcoin was in “Greed” territory was when it neared its all-time high in March 2022. At that time, Bitcoin was trading at $45,500. Since then, there has been a huge reversal, with BTC falling as low as $15,000. However, Bitcoin has seen a strong rally in 2023, jumping to $23,000 in January. This may suggest that investors are becoming more hopeful about the future of Bitcoin and are willing to take greater risks.

Savvy investors may use the Fear and Greed Index to time the market. For example, if the index enters the “Extreme Greed Zone”, that may be a sign that the asset is overvalued. On the other hand, they buy when sentiment is poor. Warren Buffett famously said investors should be “fearful when others are greedy, and greedy when others are fearful.”

Overall, the Fear and Greed Index flashing “Greed” is a positive sign for Bitcoin. It may indicate that traders are becoming more bullish on BTC and that the asset could rally in the near future. However, investors should still exercise caution and do their own research before investing in Bitcoin.

Aave V3 Launched: Decentralized Finance Platform Set to Lead DeFi Revolution

– Aave (AAVE) has deployed the third version of its protocol (V3) on the Ethereum mainnet.
– V3 introduces new risk mitigation features, improved capital efficiency, and decentralized liquidity.
– The upgrade also focuses on gas optimization and reduces gas costs across all functions by 20-25%.

Decentralized finance (DeFi) lending and borrowing platform Aave (AAVE) has deployed the third version of its protocol, Aave V3, on the Ethereum mainnet. This is the most significant upgrade to the Aave protocol since its inception in January 2017 and is a major step forward for the DeFi industry.

Aave V3 introduces a number of new and innovative features to the protocol, all of which will help to improve the user experience and ensure that Aave remains secure and reliable. In particular, the upgrade introduces a new High-Efficiency Mode which allows investors to increase their capital efficiency when staking or borrowing. This allows users to get more out of their capital as they can now make more money with the same amount of funds.

The upgrade also introduces Isolation Mode, which allows for more assets to be listed on Aave as collateral while keeping the security of the protocol. This will help to make DeFi lending and borrowing more accessible and secure.

Finally, the Aave V3 upgrade also focuses on gas optimization and reduces gas costs across all functions by 20-25%. This will help to reduce the cost of transactions and make the platform more accessible for users.

The successful deployment of Aave V3 on the Ethereum mainnet is a testament to the hard work and dedication of the Aave team and is a major step forward for the DeFi industry. The new risk mitigation features, improved capital efficiency, and gas optimization will help to make Aave one of the most secure and reliable decentralized finance platforms in the world. With its latest upgrade, Aave is well on its way to becoming the leader in the DeFi space.

Atomic Wallet & Ledger Support Push Shiba Inu’s Layer-2 Upgrade to New Heights

• Ledger announced the inclusion of Shibarium in their roadmap.
• Atomic Wallet officially declared support for Shibarium.
• The SHIB burn rate shot up by 28385.44% in the last 24 hours.

The crypto community was delighted to learn that Shiba Inu’s (SHIB) Layer-2 solution, Shibarium, is currently in the Beta phase and will soon be supported by Atomic Wallet. Ledger, the popular hardware crypto wallet manufacturer, recently expressed their support for Shiba Inu’s Layer-2 and included Shibarium in their roadmap for 2023.

Atomic Wallet is a self-custodial wallet that provides over five million users worldwide with a safe and secure place to store their cryptocurrency. The company recently announced that they will be supporting Shibarium in the near future. This news was met with enthusiasm from the SHIB Army, and the burn rate for SHIB tokens skyrocketed to levels not seen this year. According to CoinGecko, the SHIB burn rate increased by 28385.44%, with 27,666,615 SHIB tokens being sent to the bottomless pit in the last 24 hours.

The news of Shibarium’s support from Atomic wallet didn’t seem to have much impact on Shiba Inu’s market price. Currently, SHIB tokens are trading at $0.00001160, after a bullish month that saw an increase of 22.3%. In the past 24 hours, there have been a total of 21,812,209 $SHIB tokens burned and 5 transactions.

The Layer-2 upgrade for Shiba Inu has been highly anticipated, and the community is now more excited than ever to see the full potential of the cryptocurrency being realized. With Atomic Wallet and Ledger’s support, Shibarium is sure to become a game changer for the SHIB Army and help push the cryptocurrency to the next level.