ADAvaultYou will likely have seen news over the last few days on the collapse of FTX, the exchange led by Sam Bankman-Fried and the sister company Alameda which was essentially their trading arm. This high profile collapse follows hot on the heels of Terra/Luna (Do Kwon), and Celsius (Alex Mashinsky) and has had similar negative…
A recent article in The Economist covering the current health status of some of the tech ‘darlings’ caught our eye: Over the past year, the firms that epitomise these [new tech] business models — Uber and DoorDash; Netflix and Spotify; and Snap and Meta (which has tumbled spectacularly out of the trillion-dollar club) — have…
Transaction Bytes per Second (TBPS). This metric measures the total transaction data throughput on chain and it’s been increasing consistently. We think this is a much much more meaningful metric than Transactions Per Second (TPS). Why? On an extended Unspent Transaction Output (eUTxO) chain like Cardano a simple metric of TPS does not reflect the…
A couple of interesting stats from the latest Kraken Intelligence report. First up is the on chain dominance which as expected shows a weakening of altcoins relative to Bitcoin which is typical of bear market cycles. Note that Cardano (ADA) is performing well against other altcoins, with potential for a stronger performance as we head…
A busy week in the crypto markets, triggered by the collapse of the StableCoin Terra and the non stable reserve Luna, has led to some soul searching by commentators, and a lot of articles in the main stream media predicting the imminent demise of cryptocurrencies (again). But was it surprising? For us the answer is…
