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Cardano (ADA) price at $0.25 could be undervalued given rising on-chain activity. Santiment Data shows Cardano (ADA)’s increasing on-chain transactions. ADA’s discussion Rates indicate rising trader interest. Despite lower lows, Cardano’s on -chain trans action volumes have continued to surge to new higher levels. In a recent tweet , on -chain data analytics platform Santiment shared that Cardano (ADA) is experiencing significant on -chain trans action volumes. According to the tweet, the recent uptick in on-chain activity comes on the heels of ADA’s suppressed market price compared to its 5-month high, which was last tested in April. In particular, the analytics platform mentioned that Cardano’s weekly on-chain transaction volumes have increased by 1726 percent between January and September 2023. .@Cardano is still seeing rising #onchain transaction volume despite its suppressed market value compared to its April local top. Utility plays an i

Tech entrepreneur and crypto figure, Jeffrey Huang, popularly known as Machi Big Brother, has sued on -chain investigator, ZachXBT, alleging that he posted and deliberately disseminated an article that painted him as a thief engaged in market manipulation and embezzlement.  The controversial NFT trader alleges that after asking ZachXBT to remove the article and related tweet, the on-chain investigator resisted, prompting Huang to file a lawsuit. A year ago, @zachxbt published a Medium article about me that damaged my reputation. Today, I have filed a defamation lawsuit against him in the United States District Court for the Western District of Texas. — Machi Big Brother (@machibigbrother) June 16, 2023 ZachXBT accuses Machi Big Brother of embezzlement ZachXBT published the article in question a year ago, on June 16, 2022. In it, he alleged that Huang, a Taiwanese-American entrepreneur and former musician, embezzled 22,000 ETH, valued at about $37 million, from Formosa Financia

Proving their supremacy when it comes to investor security and prioritizing investor interests is where decentralized finance has the ability to shine. For most retail crypto investors, centralized digital marketplaces like Binance, Coinbase, Kraken, and many more have been the preferred gateway to the world of cryptocurrency trading. However, as leaked customer data like the recent Gemini case and misappropriated funds like the FTX debacle continue to plague the space, crypto investors have been looking into alternatives. According to a Delphi Digital analysis following the FTX crash, DEX tokens saw a 24% uptick, and CEX tokens saw a 2% decline. The lack of transparency in how CEX operations are run has become a major driver for this trend shift. What’s more, a lot of platforms claim complete Decentralization when in fact, there’s a centralized element to them. But do DEXs have what it takes to take over the crypto exchange space? Are DEXs better than CEXs? The centralized control ov