Cardano introduces Smash, a new open-source stake pool metadata aggregation server

IOHK, the company behind Cardano, has introduced Smash—a new metadata framework that will act as a better and more accurate source of stake pool information. Smash is a server that can aggregate, fetch, and store stake pool metadata such as owner details, pool name, and homepage. As the server code is open-source and can be…

Bitcoin surpassing $19k led Ethereum, XRP, and altcoins to plunge—what’s next?

The price of Bitcoin surpassed $19,000 on November 24, reaching $19,299 on Binance. As BTC rallied, major alternative cryptocurrencies, including Ethereum and XRP, fell sharply. Whether the trend of profits from altcoins cycling into Bitcoin would continue in the near term remains to be seen. One variable could prevent a broader altcoin market downturn, and…

Exploring the idea of interoperability between Cardano and Litecoin

During the latest Litening Series webinar, the heads of the Litecoin Foundation explored the idea of introducing interoperability between Cardano and Litecoin. David Schwartz, the project director of the Litecoin Foundation, said that it was important to generate as much talk about this idea as possible, as having a bridge between Litecoin and Cardano wouldn’t…

U.S. feds forget to seize $400k in Bitcoin forks

Crypto research firm Coinfirm has found that US authorities have left “substantial funds” left on various cryptocurrency wallets seized from criminals over the years, as a result of multiple “forks” that issued newer cryptocurrencies that traded on public markets. The firm traced a majority of such funds back to a Silk Road wallet seized by…

On-chain metrics show where Litecoin might be heading next

Litecoin, the sixth most valuable cryptocurrency in the global market, increased by 30% in the past week. As LTC shows strong momentum, on-chain data points demonstrate both bear and bull cases. The daily price chart of Litecoin with moving averages. Source: LTCUSD on TradingView Researchers at Santiment identified various on-chain indicators that buy the case…

“Bitcoin shortage”: PayPal bought 70% of all mined BTC last month

Crypto hedge fund Pantera Capital revealed global payments processor PayPal purchased over 70% of all Bitcoin mined in the past month, as per an investor letter published last week. PayPal began its crypto offering to US clients earlier this month to a warm response, with data suggesting purchases of up to $20 million in Bitcoin…