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In a surprising turn of events, Cardano (ADA) has been dethroned from the coveted top 10 cryptocurrencies by market capitalization. Tron (TRX) has taken its place, signaling a notable shift in the crypto market landscape. The decision was based on data from CoinMarketCap, revealing that Cardano’s market capitalization had dwindled to around $12.3 billion, pushing
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In a recent announcement, Binance, the leading cryptocurrency exchange in terms of trading volume, revealed that it successfully prevented over $2.4 billion in potential user losses from scams and frauds in the first seven months of 2024. The exchange reported that a significant portion of these averted losses, approximately $1.1 billion, were related to withdrawals
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Samuel Edyme, also known by his nickname HIM-buktu, is a multifaceted individual excelling in various domains such as web3 content writing, journalism, and trading. His journey into the world of cryptocurrency was not a smooth sail as he initially fell victim to a Ponzi scheme that lured him in with promises of quick riches. Rather
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The journey of ADA, the native token of Cardano, has been both fascinating and tumultuous. From reaching a peak of $3 in August 2021 to plummeting by over 90% in the years since, the rollercoaster ride of ADA has left investors and traders alike questioning its future trajectory. The activation of smart contracts on Cardano
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The crypto market has been tumultuous in recent times, and Ethereum (ETH) has not been immune to the challenges. Despite being the second-largest cryptocurrency, ETH has been facing significant obstacles. One of the key issues that have been highlighted by crypto analyst Ali Martinez is the continuous selling of Ethereum by some of the largest
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Cardano, once a prominent player in the cryptocurrency market, has now slipped out of the top 10 rankings by market capitalization. This decline can be attributed to a number of factors, including increasing competition, slow adoption rates, and reliance on off-chain components that compromise its decentralization. Compared to its peers like Ethereum and Solana, Cardano
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Intersect, the organization overseeing the Cardano blockchain’s development, recently issued an urgent call for decentralized application projects on the blockchain to accelerate their preparations for the upcoming Chang Upgrade #1. This upgrade is crucial for the future of Cardano and marks a significant milestone in the evolution of the ecosystem. According to the statement by
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