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Blockchain is a type of distributed ledger technology (DLT) that stores data across a network of computers in a way that makes it difficult or impossible to change, hack, or cheat the system.

Cardano (ADA) whales are on a buying spree, scooping up over 200 million tokens in just the last 48 hours. On-chain data shows this accumulation comes from addresses holding between 100 million and 1 billion ADA, and they’ve been adding to their bags since late July, notably buying into the recent price pullback.

A new guide from a popular how users can capitalize on the upcoming “Midnight Glacier” airdrop, a massive token distribution event for Cardano’s new privacy-focused network. The airdrop will distribute the network’s new Knight (NIG) and Dust (DUST) tokens to millions of users across eight different blockchains.

The crypto market faced a sudden and steep sell-off today, with Ethereum leading the drop, falling over 5% in the last 24 hours. Adding to the market wide sell-off, Arthur Hayes, analyst and co-founder of BitMEX, sold off a portion of his holdings as well: 2,373 ETH worth around $8.32 million, 7.76 million ENA tokens worth $4.62 million, and 38.86 billion PEPE tokens valued at $414,700, all within just six hours.

Ethereum (ETH), the world’s second-biggest cryptocurrency, has had a tough time on the charts lately. On Thursday, ETH’s price fell by nearly 10%, breaking below some important levels. The overall crypto market has been under pressure because of rising tensions in the Middle East, especially after the latest conflict between Israel and Iran.

OpenSea is in the spotlight after registering the OpenSea Foundation in the Cayman Islands on August 20, 2024. This move has fueled discussion in the NFT and crypto communities, as many think the platform may be preparing for a token launch or airdrop. This development comes as faces stiff competition from rivals like Blur and MagicEden, which already have their own tokens.