<p>Series Zero is sold out. Purchases can only be made using secondary marketplaces. Always verify that the policy ID is legitimate before buying any CNFT. KICKS FOR DAYS YO We have a love for Cardano, apparel, and NFTs. That’s why we are happy to launch Series Zero while we build in the Metaverse. This digital-only series will help fund future projects in the Metaverse that pair our physical products with NFTs. Series Zero will also be the first project in NFT history to begin the rarity level “ARCANE”. We hope you love this digital art series, and we look forward to powering our future projects with Cardano.</p>

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<div id="content"><div><div><div id="primary"><div><div><div readability="84.898986889154"><div><div readability="5.3142857142857"><p>Join Our <a target="_blank" href="https://t.me/insidebitcoins" rel="noopener">Telegram </a>channel to stay up to date on breaking news coverage</p></div></div><p>After weeks of postponements, the Cardano Vasil update and hard fork went <a target="_blank" href="https://twitter.com/InputOutputHK/status/1573067916211527681?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1573067916211527681%7Ctwgr%5E48cc0e858f8e52267ddaa5b7ab51dbb81155c637%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Ffork-yeah-cardano-vasil-upgrade-goes-live" rel="noopener">live</a> this Thursday at 9:44 p.m. UTC, making more significant achievements and potential improvements to the public ledger.</p><p>On Thursday, cryptocurrency business Input Output Hong Kong (IOHK) declared the victory of Cardano&rsquo;s mainnet phased implementation on Twitter. In contrast, others watched the hard fork unfold inside a Twitter Spaces with Cardano&rsquo;s founder <a target="_blank" href="https://twitter.com/IOHK_Charles/status/1573073586851815424?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1573073586851815424%7Ctwgr%5E48cc0e858f8e52267ddaa5b7ab51dbb81155c637%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Ffork-yeah-cardano-vasil-upgrade-goes-live" rel="noopener">Charles Hoskinson</a>.</p><p>IOHK noted that the fork&rsquo;s substantial update is block transfer without complete verification, resulting in a faster blockchain network. Improvements to Plutus decentralized applications for improved productivity enable delegated applications to be deployed and operate at a lower price.</p><p>The novel Plutus script improvements will make new wide accessibility to development companies on the public blockchain on September 27 after a dark age, which lasted about five days.</p><p>Bill Barhydt, the founding member of cryptocurrency exchange system Abra, <a target="_blank" href="https://twitter.com/billbarhydt/status/1573083464986943490?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1573083464986943490%7Ctwgr%5E48cc0e858f8e52267ddaa5b7ab51dbb81155c637%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Ffork-yeah-cardano-vasil-upgrade-goes-live" rel="noopener">titled</a> the update an excellent victory for development companies with Genius Yield&rsquo;s distributed finance launch pad, tweeting that it was among the most complicated and pivotal upgrades to the Cardano system ever completed.</p><p>IOHK confirmed the update schedule at the beginning of September, and the crucial mass indicators required to trigger this hard fork were met on the day that preceded this event.</p><p><a target="_blank" href="https://insidebitcoins.com/visit/tamadoge" rel="nofollow noopener"><img alt="Tamadoge OKX" width="1921" height="401" src="https://insidebitcoins.com/wp-content/uploads/2021/09/tamadoge-banner.png" srcset="https://insidebitcoins.com/wp-content/uploads/2021/09/tamadoge-banner.png 1921w, https://insidebitcoins.com/wp-content/uploads/2021/09/tamadoge-banner-300x63.png 300w, https://insidebitcoins.com/wp-content/uploads/2021/09/tamadoge-banner-1024x214.png 1024w, https://insidebitcoins.com/wp-content/uploads/2021/09/tamadoge-banner-768x160.png 768w, https://insidebitcoins.com/wp-content/uploads/2021/09/tamadoge-banner-1536x321.png 1536w" data-sizes=" 1921px) 100vw, 1921px"></a></p><h2>A long-awaited update</h2><p>Arrives after weeks of postponements and schedule changes. The release date initially scheduled for June was delayed multiple times due to problems on the test network engendered by glitches in a previous node version causing compatibility problems.</p><p>Cardano has always worked on its layer-2 scalability alternative, the Hydra main guideline, which handles transfers off Cardano&rsquo;s public ledger while still employing it as the safety and establishment layer, just after the Vasil update.</p><p>The team discussed a known problem with Hydra&rsquo;s endpoints, according to the most recent Hydra upgrade from September 16. The system&rsquo;s launch date is unknown, but it is expected at the end of this year or the initial quarter of next year.</p><p>Hydra maintains security safeguards while staying loosely paired to the primary chain by offering a more effective way to process transfers off-chain for a group of users while employing the main chain as the safe settlement stack. It does not require global agreement and can make adjustments to a wide range of uses. Hydra, for instance, enables Tx expenses and the most negligible UTXO Value to be set as low as 1 and 2 lovelaces, which is crucial for micropayments and the application cases they enable.</p><p>As per <a target="_blank" href="https://www.coingecko.com/en/coins/cardano" rel="noopener">CoinGecko statistics</a>, the official start declaration increased Cardano&rsquo;s cost by almost 4% over the last day to $0.46, which is down more than 4.5% over the past week.</p><p>Related</p><div><div><div><div readability="6"><p>Tamadoge &ndash; Play to Earn Meme Coin</p></div><div><p><img loading="lazy" alt="Tamadoge logo" width="125" height="60" src="https://insidebitcoins.com/wp-content/uploads/2022/07/tamadoge.svg"></p><div><ul><li>Earn TAMA in Battles With Doge Pets</li><li>Capped Supply of 2 Bn, Token Burn</li><li>Presale Raised $19 Million in Under Two Months</li><li>Upcoming ICO on OKX Exchange</li></ul></div><p><img loading="lazy" alt="Tamadoge logo" width="125" height="60" src="https://insidebitcoins.com/wp-content/uploads/2022/07/tamadoge.svg"></p></div></div></div></div><div><div readability="5.3142857142857"><p>Join Our <a target="_blank" href="https://t.me/insidebitcoins" rel="noopener">Telegram </a>channel to stay up to date on breaking news coverage</p></div></div></div><p>Source: https://insidebitcoins.com/news/cardano-vasils-update-was-released-with-many-enhancements-for-its-blockchain</p></div></div><h2>Post navigation</h2></div></div></div></div>


BitcoinEthereumNews

Cardano Vasil’s update was released with many enhancements for its blockchain

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<p>NFTs have been live on the Cardano network for a while. Before smart contracts capability had debuted on the network, users were able to mint and sell NFTs without needing a smart contract address. This has been one of the pulls towards the network and users have taken full advantage of this capability to trade their NFTs on the blockchain.</p>
<p>However, compared to leading NFTs blockchain Ethereum, Cardano NFT sales have been minute. Where the Ethereum network has seen NFTs sold for as high as $69.3 million in the case of <a href="https://www.domusweb.it/en/art/gallery/2021/09/30/the-30-most-expensive-nfts-ever.html#:~:text=However%2C%20as%20of%20today%2C%20the,by%20a%20Singapore%2Dbased%20programmer." target="_blank" rel="noopener">Beeple</a>, Cardano had yet to see its first million-dollar sale. This is mostly due to the network rolling out NFT capability later than Ethereum and having less interest from buyers.</p>
<p><em><strong>Related Reading |&nbsp;<a href="https://www.newsbtc.com/news/cardano/cardano-investors-underreport-taxes/">Cardano Investors In Japan Come Under Fire For $6 Million In Underreported Taxes</a></strong></em></p>
<h2>SpaceBudz Sells First Million-Dollar NFT</h2>
<p>The NFT market on Cardano has boomed ever since smart contracts capability was introduced on the blockchain. Although these smart contracts are not required for minting NFTs, they brought more users to the network, which, in turn, brought more interest into NFTs minted on the platform. Various artists have released and sold their NFTs on the blockchain, and now, SpaceBudz has successfully recorded the first Cardano NFT sale above $1 million.</p>
<p><img data-lazyloaded="1" src="image/gif;base64,R0lGODdhAQABAPAAAMPDwwAAACwAAAAAAQABAAACAkQBADs=" loading="lazy" data-src="https://www.tradingview.com/x/pYR7vKKg/" alt="Cardano price chart from TradingView.com" width="1354" height="629"></p>
ADA price trading at $2.11 | Source: <a href="https://www.tradingview.com/chart/UG2tjOD6/" target="_blank" rel="noopener">ADAUSD on TradingView.com</a>
<p>SpaceBudz is an NFT platform that is built on the Cardano blockchain. The SpaceBudz consists of 10,000 unique NFTs which users can personally own after they purchase it. The project broadcasts its sale on Twitter via a <a href="https://twitter.com/spacebudzbot/status/1448040660771086337?s=21" target="_blank" rel="noopener">bot</a> that reports every listing and sale of a SpaceBudz NFT.</p>
<p>On Tuesday, the SpaceBudzBot account reported that SpaceBud #9936 had been sold for 510,000 ADA. Going by ADA&rsquo;s current price of $2.11 at the time of this writing, the NFT sold for $1,076,100. A record sale on the Cardano network.</p>

<p lang="en" dir="ltr">SOLD &ndash; SpaceBud #9936 was bought for 510000 <a href="https://twitter.com/search?q=%24ADA&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$ADA</a> <a href="https://t.co/E3605AnMs0" target="_blank">https://t.co/E3605AnMs0</a> <a href="https://twitter.com/hashtag/spacebudzsold?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#spacebudzsold</a> <a href="https://t.co/W6Jml5mbHt" target="_blank">pic.twitter.com/W6Jml5mbHt</a></p>
<p>&mdash; SpaceBudzBot (@spacebudzbot) <a href="https://twitter.com/spacebudzbot/status/1448040660771086337?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">October 12, 2021</a></p>

<h2>Cardano Celebrates Ada Lovelace</h2>
<p>Cardano&rsquo;s native token ADA is named after one of the earliest programmers on record. Ada Lovelace is one of the women who pioneered software programming after the first computers were used in the 1940s. Members of the community refer to themselves as Lovelaces, an ode to the mathematician.</p>
<p>IOHK joined the scientific community in celebrating Ada Lovelace Day, which commemorates the contributions and achievements of women in STEM fields.</p>

<p lang="en" dir="ltr">Today is Ada Lovelace Day &ndash; celebrating one of the earliest tech pioneers &amp; programmers!</p>
<p>It is an international celebration of the achievements of women in science, technology, engineering &amp; math, to increase the profile of women in STEM <a href="https://twitter.com/hashtag/Cardano?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#Cardano</a> <a href="https://t.co/bp1X6rC79z" target="_blank">https://t.co/bp1X6rC79z</a> <a href="https://t.co/tCgcvaoZHZ" target="_blank">pic.twitter.com/tCgcvaoZHZ</a></p>
<p>&mdash; Input Output (@InputOutputHK) <a href="https://twitter.com/InputOutputHK/status/1447987614829645827?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">October 12, 2021</a></p>

<p><em><strong>Related Reading |&nbsp;<a href="https://www.newsbtc.com/news/reason-behind-billions-ftx-tether-purchase/">FTX CEO Sam Bankman-Fried Reveals Reason Behind Billions Of Dollars Tether Purchase</a></strong></em></p>
<p>Cardano Foundation has been making marked contributions to innovation and growth in the science and technology sector, and founder Charles Hoskinson is set to tour the continent of Africa as the foundation invests in startups building on the blockchain in the region. The Africa tour is scheduled to start in South Africa but a departure time has not been announced yet.</p>
Featured image from The Cryptonomist, chart from TradingView.com

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NewsBTC

SpaceBudZ Marks First NFT Sale Above $1 Million On Cardano Network

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<ul><li><strong><a href="https://elevenews.com/2021/08/23/cardano-ada-price-prediction-2021-market-analysis-and-opinions/" data-type="URL" data-id="https://elevenews.com/2021/08/23/cardano-ada-price-prediction-2021-market-analysis-and-opinions/">Cardano price </a>might slide below the $2.188 support floor before kick-starting an uptrend.</strong></li><li><strong>The resulting rally will likely slice through the immediate resistance barrier at $2.300 and retest $2.638.</strong></li><li><strong>A breakdown of the $1.924 demand level will invalidate the bullish thesis.</strong></li></ul><p>Cardano price is grappling with a crucial support floor on the daily time frame as the big crypto experienced a minor crash. Investors can expect&nbsp;ADA&nbsp;to slice through this barrier before restarting its uptrend.</p>
<p>However, the bullish outlook is based on the assumption that BTC recovers and proceeds to go higher.</p>
<h2><strong>Layer-2 solution for Cardano is on its way</strong></h2>
<p>InputOutput (IOHK), the development team behind Cardano, announced Hydra on September 17, a Layer-2 solution for Cardano. Based on the recent revelations, the Ouroboros proof-of-stake layer or the main chain will be where transactions settle but are processed off-chain. Doing so will retain the security guarantee.</p>
<p>The blog further details that Hydra,</p>
<p>allows Tx fees and minimum UTXO Value to be configured as low as 1 or 2 lovelaces, critical to microtransactions and the use cases these unlock.</p>
<p>It also explains that Hydra will introduce isomorphic state channels to reuse the same ledger representation, yielding uniform, off-chain ledger siblings called &ldquo;Heads.&rdquo;</p>
<p>This feature allows native assets, non-fungible tokens (NFTs)&nbsp;and Plutus to be available inside each Hydra Head, permitting the extension of the system.</p>
<p>The recent implementation of the Alonzo upgrade will allow the&nbsp;DeFi ecosystem&nbsp;to birth on the&nbsp;ADA&nbsp;blockchain. With the successful launch of Hydra, the burgeoning space on Cardano will have no friction or bottleneck and can be expected to grow exponentially.</p>
<p>According to the latest update, IOHK has already implemented the basic Hydra Head protocol as a proof-of-concept in a developer preview. Moreover, this integration will be ready during the upcoming Cardano Summit, starting on September 25.</p>
<h3><strong>Cardano price at a decisive moment</strong></h3>
<p>Cardano price has&nbsp;shed roughly 24%&nbsp;over the past nine days as it retests the $2.188 support floor. Although BTC is crashing violently, ADA seems to be show resilience around the demand barrier mentioned above.&nbsp;</p>
<p>However, considering the uncertain nature of big crypto&rsquo;s price action, there is a chance Cardano price might dip below $2.188 briefly before recovering above it. Doing so will not impact the bullish outlook for ADA. Instead, it might trigger an uptrend to the immediate resistance level at $2.30. Flipping this barrier into a support floor will pave the way for a retest of the $2.638 ceiling. This run-up from $2.188 to $2.638 would constitute&nbsp;a 20% ascent.</p>
<figure><a href="https://editorial.fxstreet.com/miscelaneous/ada-637677097456019014.png" target="_blank" rel="noreferrer noopener"><img src="image/svg+xml,%3Csvg%20xmlns=&#039;http://www.w3.org/2000/svg&#039;%20viewBox=&#039;0%200%200%200&#039;%3E%3C/svg%3E" alt="ADA/USDT 1-day chart" data-lazy-src="//editorial.fxstreet.com/miscelaneous/ada-637677097456019014.png"></a></figure><p><small>ADA/USDT 1-day chart</small></p>
<p>On the other hand, if Cardano price fails to recover above the $2.188 foothold, it will indicate a weakness among buyers and increased selling pressure. Moreover, it might also catalyze a move to $1.924.</p>
<p>If ADA produces a lower low below this barrier or $1.848, it will invalidate the bullish thesis and suggest a shift in trend favoring the bears</p>
<p><strong><a href="https://www.fxstreet.com/cryptocurrencies/news/cardano-introduces-layer-2-solution-hydra-as-ada-price-looks-to-rally-25-202109200504" data-type="URL" data-id="https://www.fxstreet.com/cryptocurrencies/news/cardano-introduces-layer-2-solution-hydra-as-ada-price-looks-to-rally-25-202109200504" target="_blank" rel="noopener">News Source</a></strong></p>

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Elevenews

Cardano introduces Layer-2 solution Hydra, as ADA price looks to rally 25%

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