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Kadena price, market cap on Coin360 heatmap

Kadena(KDA)

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$2.1472
(0.69%)
0.00009306 BTC
Market Cap (Rank#114)
$396,801,237
17,197 BTC
Vol 24h
$15,441,749
669.249 BTC
Circulating Supply
184,802,447.92
Max Supply
1,000,000,000
14 days agocryptosrus
Cathie Wood’s ARK Sold Off Coinbase Stock — Here’s Why
Cathie Wood’s ARK invest has been struggling after a hot start to 2020 and now is divesting itself from crypto exchange Coinbase.  Cathie Wood & Ark Invest's trade activity from today 7/26 pic.twitter.com/P1NJxmht38 — Ark Invest Daily (@ArkkDaily) July 27, 2022 The once revered investor ARK Invest, led by the once revered Cathie Wood, sold […] The post Cathie Wood’s ARK Sold Off Coinbase Stock — Here’s Why appeared first on CryptosRus.
19 days agocointelegraph
All 'Ethereum killers' will fail: Blockdaemon’s Freddy Zwanzger
“All the Ethereum killers from back in the day didn't succeed, and I don't expect them to succeed at all,” Blockdaemon’s Ethereum lead told Cointelegraph.
50 days agocryptodaily
Attention FPS Gamers:  You Can Soon Own and Move Your Kit to Different Games
Players can spend days, weeks, or even months of in-game time grinding for a skin within a traditional FPS. Now, that time investment can be worth it, few things compare to getting that 0.01% drop chance, or the best skin for your favorite rifle. However, what doesn’t sit quite as well with most people is what can happen afterwards. Over 1.74% of all Steam accounts are banned with no recourse or way of getting the account back. This means over 1 million people had all of their in-game purchases and items effectively stolen from them by Steam alone. This is because, at the end of the day, players don’t own their accounts. They don’t own the skins or guns they have in-game. However, there is a new branch of gaming aiming to provide the player not just with ownership, but with the right to sell or trade the skins and items with other players if they see fit. Today, we’ll be looking over this issue, as well as Digital Arms- a company that uses the blockchain to make this right. Why The Current Model of FPS Gaming Is Unfair Have you ever wondered what happens to in-game assets in case an account gets banned? It’s quite simple- they disappear. Regardless of how much time or money was stolen from the player by the company, they get no compensation. This is because gamers don’t actually own any in-game accessories. Legally speaking, they’re only licensed to you and can be revoked at any time. Imagine if your car could get taken away simply because the car manufacturer or seller didn’t like the particular way you drive it? Similarly, have you ever wondered why you can’t take your guns, accesories, or other in-game pieces and transfer them to a similar game? While most companies will talk about this being a difficult thing to implement technically, in reality, it’s because they want to profit off of players having to pay for the same thing in multiple games. This is simply unfair, especially for franchises like CoD or Battlefield, that put out a game every year or two. Imagine if you were able to not only own your skins so they can’t be taken away, but also transfer your accessories from game to game seamlessly? Oftentimes, this can even be true of the same game on different platforms or accounts. You want to transfer your account from one server to another? Many games would force you to give up parts of your account in the process of moving, if they even allowed that at all. introducing… How Digital Arms Revolutionizes The FPS Industry If you’ve ever wanted to own a completely unique gun that is provably yours in a game- Digital Arms will let you do that. This NFT and gamification project has the exclusive IP rights to some of the world’s biggest firearm brands. So, what does this platform bring that is so revolutionary for gaming? The answer is twofold. Firstly, you will finally be able to own your guns, skins, and accessories. Each one of the accessories sold by Digital Arms is an NFT. This means that once you buy one from their NFT marketplace, they’re unique, and provably yours. No matter what happens to Digital Arms, your account on a gaming website, or even the games you play themselves, the assets you bought will forever remain yours. Second, Digital Arms allows you to take your assets, and use them in other games. Imagine if you could use skins and guns you got in one game to play another- that’s what they offer. Furthermore, they’ve recently jumped into the Metaverse space as well, partnering with AFKDAO. One of Digital Arms’ biggest selling points is that they have exclusive IP rights to creating NFTs of certain guns. The team behind the platform are all gun lovers, and it shows. Each gun is beautifully rendered, unique, and licensed. Finally, Digital Arms with its $HNTR token allows you for a variety of different ways to make money through investments. Whether this be by seeling off a rare skin on their marketplace, or by staking the tokens themselves. Being able to use the same kit in multiple games makes investing in each gun or skin much safer, as even if you get bored of a game, or the game dies, you can simply take your gear and use it in another one. Closing Words The gaming world has been more and more predatorial, trying to steal player’s valuable time and money. Today, we have means of ensuring that you actually own your in-game assets, and that they cannot be taken away. One such platform is Digital Arms- a first of its kind, IP licensed creator and marketplace of NFT guns and in-game accessories. Digital arms allows players to move their kit from one game to another, in addition to presenting excellent investment opportunities. All in all, we expect companies like Digital Arms to keep popping up, pioneering the idea that gamers everywhere should be able to own their assets. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice
55 days agocryptopotato
Bitget Launches its First Listing Vote With AFKDAO
[PRESS RELEASE – Please Read Disclaimer] A step to further empower BGB Singapore, 15 June 2022 – Leading global derivatives exchange – Bitget, is pleased to announce the launch of its first listing vote with AFKDAO, a DeFi infrastructure for utility NFTs. To fully meet and understand the needs from platform users, a voting mechanism […]
60 days agocryptodaily
BC.Game Takes Home the Sigma Award for Crypto Casino of the Year
This is by far the most historic moment for BC.Game, which is pleased to announce that they have won the Crypto Casino of the Year Sigma Award in Curaçao in June 2022. Every year, the most deserving online casino platform receives the prestigious Sigma Award. Aside from this award, Sigma also holds events in many places around the world, such as in America, Europe, Asia, and Africa. Sigma America was hosted between 6 - 9 June, bringing together the industry’s most innovative minds. Last year, True Flip held the crown, but it has been handed over to BC.Game this year. The new title holder is currently revolutionizing both the casino industry and the blockchain space at the same time. 2022 for the BC.Game Even though it's almost the halfway point of the year, BC.Game has already won another award. This time, the second award is for the AIBC Blockchain Gaming Platform of the Year. After the awards were given out, Steven, Co-founder of BC.Game, expressed his gratitude to the team for receiving such a significant distinction. "We're glad to receive the Crypto Casino of The Year award, and we can't wait for many years to come for us to prove that we're doing our best to give our players an exceptional experience." There is no doubt that 2022 is going to be BC.Game's year, as they have shown their ability to be trusted in this business since 2017. The casino's primary objective has always been to give its customers the greatest gaming experience possible. BC.Game places a high value on interactivity among its players, forming a kind of online gambling social network in the process. More about BC.Game In order to enhance the gaming experience for its customers, the casino platform has been collaborating with a variety of game developers and cryptocurrency issuers. Slots, roulettes, sports betting, and more can be found on the site. Around 2,000 slot machines, 200+ live casino games, 20 scratch cards, and 19 in-house games, such as Crash, are available to players, along with a selection of over 59 cryptocurrencies they may pay with. BTC, ETH, BNB, DOGE, BANANO, AMPL, and YFI are among the most well-known, but there are also some rarities in there. BC.Game is owned by BlockDance B.V. and has been operating under the Curaçao Interactive License (CIL) since August 2021. Both on desktop and mobile, the platform's interface is sleek and easy to use. Contact for more BC.Game can provide you with the most enjoyable experience. Play their games, and don't forget to follow them on social media: Telegram,Medium,Github,Medium,Twitter,Facebook,Discord,Bitcointalk Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
63 days agocryptodaily
Checkout.com Opens Up Platform To Stablecoin Payments
The payments company, Checkout.com has announced that it will let users settle payments in the USDC stablecoin from now on. New Payment Option On Checkout.com The feature, which would allow merchants to transact in stablecoin, has already been tested privately with select clients for transactions worth around $300 million in the past few months. Next on the roster is Bahama-based crypto exchange FTX, which will be one of the first to use the product in its entirety as it is released globally. Stablecoins allow investors to easily trade in and out of digital currencies without depending on central authorities like banks. Therefore, it is pretty appealing to merchants who can dabble in digital assets without fully committing their funds to it. Speaking on the decision to adopt stablecoins into the Checkout.com ecosystem, the company’s Head of Crypto Strategy, Jess Houlgrave, said, “Stablecoins started as a fiat-denominated asset used by crypto traders to easily move in and out of more volatile crypto assets, but we believe they will also play a fundamental role in improving the underlying payment landscape.” Why Stablecoins? To facilitate the adoption of the USDC stablecoin on its platform and also to ensure the safety and security of customer funds, the fintech giant is partnering up with crypto-security firm Fireblocks. As a result, merchants would be able to settle payments round-the-clock using the USD Coin, the world’s second-largest stablecoin, pegged to the U.S. dollar. They would even be able to conduct transactions on the weekends and public holidays, which is a definite advantage over fiat payments. VP of Payments at Fireblocks, Ran Goldi, has pointed out that the stablecoin payment feature will significantly benefit merchants and small business owners, saying, “Traditionally, merchant payouts are limited to 9-5 on weekdays excluding public holidays and are further delayed through batch processing over several business days. Checkout.com’s weekend settlement means that merchants are no longer restricted by arbitrary settlement times.” Circle And USDC Stablecoins have been going through some turbulent times lately, owing to the devastating Terra (LUNA) crash that happened when the UST stablecoin lost its dollar peg. However, financial technology-based businesses are still showing faith in these assets. Circle, has recently raised $400m to develop the USDC standard. The CEO of the company, Jeremy Allaire, also spoke out following the Terra crash, confirming the safety and stability of the USDC stablecoin. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
85 days agocryptosrus
Three Altcoins Heating Up The Week Of May 16th
The markets are looking to rebound after a very, very rough week. Here are three altcoins that are looking to lead the way.  Covered: Polygon (MATIC) Kadena (KDA) Maker (MKR) Polygon (MATIC) Polygon’s MATIC token had a good start to last week thanks to news it was being deployed on Facebook and Instagram’s upcoming NFTs. […] The post Three Altcoins Heating Up The Week Of May 16th appeared first on CryptosRus.
104 days agocryptodaily
Meet Fort Worth – The First US City To Mine Bitcoin
Fort Worth, Texas, has become the first US city to mine Bitcoin after three mining machines were donated to the city by the Texas Blockchain Council. Fort Worth Starts BTC Mining The Bitcoin mining program was unanimously approved by the city councilors of Fort Worth on Tuesday. Under the pilot program, the city partnered up with the Texas Blockchain Council, which donated the S9 mining rigs, and Luxor Technologies, a mining pool that maximizes the mining profitability of small-scale miners. Fort Worth Mayor Mattie Parker commented on this monumental initiative, “This is bigger than cryptocurrency. We’re starting a conversation across the globe about what cities need to do to be innovative and focus on technology and innovation. We think we’re doing that. The big picture here is, what is the future of our economy? We know that crypto-currency is a big piece of this.” Energy Concerns Addressed For Now The mining rigs, running around the clock, raised some concerns about energy sustainability. Bitcoin mining operations are highly energy-intensive processes. And Texas’s electrical grid has always had trouble with over energy consumption. However, the city has claimed that each machine would consume roughly the same energy as a household vacuum cleaner. Additionally, even though the rigs might not bring in a lot of funds, the cost of energy needed to power the mines is expected to be covered by the value of bitcoin mining. The program will be revisited in six months to consider the impact of these operations. Texas’s Crypto Saga Texas has always been a crypto-friendly jurisdiction. Several leading Texan lawmakers and politicians have propositioned and initiated projects incorporating crypto and blockchain tech into the city’s functioning. Back in 2021, when China banned crypto operations, a small Texan town called Rockdale volunteered to provide a safe shelter for crypto miners fleeing China. The state’s capital Austin has also made a mark on the crypto landscape of the country. The city has recently passed two resolutions related to crypto assets and blockchain technology. Austin’s Mayor Steve Adler has also expressed his wish to establish the city as a crypto hub, starting with exploring BTC payments for civic bills. On a state level, Texas GOP representative and US Senator Ted Cruz has expressed his support for the growing crypto industry in the state. Plus, Texas Governor Greg Abbott has reached out to BTC miners to stabilize the state’s shaky electrical grid. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
151 day agocointelegraph
Kadena price soars by 40% after new protocol launches and a major exchange listing
A listing at Binance and new interoperability-focused protocol launches resulted in a swift 40% gain in KDA price.
153 days agocoindesk
Blockdaemon Acquires Crypto Onramp Company Gem
The blockchain infrastructure platform will integrate Gem’s on and offboarding solutions.
179 days agocryptosrus
Three Mid-cap Altcoin Sleeper Picks That Might Be Waking Up Soon
As the markets take another breather, these are three mid-cap altcoin gems that are worth keeping on your radar for when things turn back around again. Covered: Tezos (XTZ) Kadena (KDA) FTX Token (FTT) RECOMMENDED: BEST CRYPTO EXCHANGES FOR 2022 Tezos (XTZ) First up on this list of mid-cap gems is the smart contract platform […] The post Three Mid-cap Altcoin Sleeper Picks That Might Be Waking Up Soon appeared first on CryptosRus.
194 days agocryptopotato
Crypto Infrastructure Company Blockdaemon Raised $207M From Tiger Capital and SoftBank
Blockdaemon secured a $207 million financing round and announced it will launch a DeFi Fund.
194 days agocointelegraph
BitDAO launches $200M zkDAO to advance Ethereum scaling via zkSync
As outlined by its creators, zkDAO will be community-driven and is currently seeking contributors.
211 days agocryptonomist
Social Sentiment: USDC top crypto in first week 2022
The stablecoin gets the top score, followed by TRON, KDA, FTM and BUSD The post Social Sentiment: USDC top crypto in first week 2022 appeared first on The Cryptonomist.
230 days agocryptodaily
Co-founder of one of the most successful crypto hedge funds thinks this bear market will be different
Kyle Samani, co-founder and managing partner of Multicoin Capital, sees the coming crypto bear market as being very different from the previous one. A long period of pronounced bearish sentiment for the crypto market has brought bitcoin down from its $69,000 high to around $49,000, and wiped around $700 million from the crypto global market cap at the same time. Many analysts are calling a bear market. Bitcoin is bumping along and barely holding the 100-day moving average. Add to this the Fed’s recent announcement of increased tapering and impending interest rate rises, and the outlook may look more than a trifle bleak. However, according to Kyle Samani, when the bear market does arrive it will be quite different to the one in 2018/19. He cites the previous bull market as having many crypto projects that still didn’t work, and offered little or no utility. He said that the hype was just based on white papers that were just promises at the time. But for this bull market he states: "This time around, that's just not true. This time around, everything works. There's real utility and you can see the value of that." According to an article on Business Insider earlier today, VC funds have invested a record $30 billion into the crypto industry. This is nearly 4 times the $8 billion that went into the sector in 2018. The article explains that most of this investment went into NFTs, DeFi, the Metaverse, and gaming projects. With this amount of funding, the projects in these niches could start to decouple from bitcoin and react less sharply to the gravitational pull from the apex crypto. Samani stated: "I think that you will continue to see bitcoin act differently than the rest of the market. The traditional views of crypto were just the other assets were levered exposure to BTC or they were just higher beta. The thing is now these assets all do different things, and they have different functions, different utility." Three tokens that Samani’s Multichain Capital Fund has bought, and that he’s particularly bullish on, are Solana (SOL), Helium (HNT), and the Graph (GRT). Other huge successes for the fund are Terra (LUNA), which is up 13,861% YTD, and also Kadena (KDA) up 7,658% YTD (figures taken from Messari). Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
256 days agocryptodaily
Bitcoin Surpasses Paypal In Terms Of Value Transferred: Blockdata
A report published by Blockdata has suggested that Bitcoin has moved past PayPal on the value transferred, with the network processing more volume by dollar value, with projections indicating that the world’s largest cryptocurrency could outpace Mastercard by 2026. Bitcoin has seen significant growth since its inception and has logged an impressive uptime of 99.987%. Some Data From The Report The marketing report from Blockdata, titled, “When might the Bitcoin network process volumes like Mastercard and Visa?” shows that the Bitcoin network had, on average, processed around $489 billion per quarter in 2021. In comparison, and to add some perspective, PayPal averaged around $302 billion per quarter in the same period. During the same time period, Mastercard’s network has processed an average of $1.8 trillion per quarter, while the Visa network processed an average of $3.2 trillion per quarter. As the data shows, Bitcoin already processes around 27% of what Mastercard processes per quarter and around 15% of what Visa processes. Factors That Could Play A Role In Bitcoin’s Ascendency According to the Blockdata report, three factors could play a crucial role in enabling Bitcoin to process volumes equal to Mastercard and Visa. These factors are An increase in the number of transactions An increase in the average amount of Bitcoin sent per transaction An increase in the price of Bitcoin. The report states that the first of the three factors is the most variable. If Bitcoin increases the number of transactions processed by 260%, it would be processing volumes equal to Mastercard on a daily basis. The report also stated that currently, data does not indicate an upswing in the average amount of Bitcoin sent in a transaction. However, it noted that this could change in the future. A price rise that would see BTC push to $245,000 at current volumes would also put Bitcoin at par with Mastercard at current volumes. Bitcoin Could Outpace Mastercard As Early As 2026 The Blockdata report concluded that the Bitcoin price is unlikely to rise to an appropriate level to match Mastercard’s levels. If the average yearly price of Bitcoin is taken into consideration, then Bitcoin could take until 2060. However, taking the current growth rate as a metric, Bitcoin could match Mastercard as early as 2026. For a relatively young network, the Bitcoin network has managed to achieve fairly high volumes when compared to the two credit card giants. “It’s impressive how Bitcoin, as a 12-year-old decentralized network, is 27% of the way in terms of volume processed compared to Mastercard, a company founded in 1966.” Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
257 days agozycrypto
Bitcoin P2P Surpasses PayPal 2021 Average Net Transactions Record by Over $187 Billion
Bitcoin smashed PayPal annual dollar processing records by 62%. BTC estimated average quarterly transactions is almost half a trillion US dollars. The record puts Bitcoin P2P transactions on the world stage as the third biggest behind Mastercard and Visa. A recent report by blockdata has revealed that the Bitcoin network is currently ranked amongst the […]
257 days agocointelegraph
Bitcoin overtakes Paypal on value transferred, sets sights on Mastercard: Report
Blockdata’s report suggests that the Bitcoin network could potentially match the dollar value transferred on Mastercard’s network as early as 2026, or as late as 2060.
270 days agocryptodaily
KuCoin Token (KCS) Briefing
Key messages KCS breaks new all time high on Nov 8, reaching $22.5 KCS is the native token of KuCoin and it’s one of the few CEX tokens that holders can get daily passive income. Holding at least 6 KCS can get a daily KCS bonus, which comes from 50% of KuCoin daily revenue. Other use cases of KCS include getting a 20% trading fee discount on KuCoin, participating in Spotlight (IEO) and Burningdrop (new coin mining), booking a trip on Travala and more. As the native token of KCC public chain, KCS will be the fuel to empower onchain transactions, liquidity mining and more. The TVL of KCC approaches 40 million with lots of interesting DApps emerging. In comparison with other CEX tokens, KCS is the top runner, with a 1345% up in price since the beginning of this year. 1. What is KCS? KCS is the native token of KuCoin, which was launched back in 2017 as a utility token that allows traders to share the growth benefit of the exchange. The total supply of KCS was set at 200 million, and there is a planned buyback and burn until just 100 million KCS remain. 2. How is KCS related to KuCoin? As the native token of KuCoin, the value of KCS is strongly correlated with KuCoin exchange platform. KuCoin is a global cryptocurrency exchange for numerous digital assets and cryptocurrencies. Launched in September 2017, KuCoin has grown into one of the most popular crypto exchanges.​ It currently provides Spot trading, Margin trading, P2P fiat trading, Futures trading, Staking, and Lending to its 8 million users in 207 countries and regions around the world. ​Known as "People’s Exchange", KuCoin provides users with 24/7 multi-language customer services. Meanwhile, KuCoin has established about 19 local communities in North America, Europe, SEA and other regions, providing users with highly localized services.​ As the home of crypto gems, KuCoin has supported over 540 projects with 960+ trading pairs. A number of promising projects like BLOK, KDA, ZKT, and MOVR had primary listing on KuCoin.​ In November 2018, KuCoin announced $20 million (USD) round A funding from IDG Capital and Matrix Partners. According to CoinMarketCap, KuCoin is currently the third biggest crypto exchange. In 2021, Forbes Advisor named KuCoin as one of the Best Crypto Exchanges.​ As a KCS holder, you will be able to get a daily KCS bonus which comes from 50% of KuCoin daily revenue. So as long as KuCoin grows, the daily KCS bonus will grow accordingly. 3. What is KCS Bonus? KCS Bonus is a unique incentive mechanism for KCS holders and KuCoin ecosystem builders. It is also regarded as one of the best ways to make passive income. Users who hold at least 6 KCS can get a daily bonus, which comes from 50% of KuCoin’s daily trading fee revenue. The amount of rewards that users can get depends on the number of KCS holds and the trading volume of the KuCoin Exchange. With the increasing trading volume of KuCoin, the estimated APR of KCS bonus exceeds 15% lately, which makes more users willing to hold it. 4. How’s KCS related to Spotlight? KCS holders can participate in the token sale on KuCoin Spotlight. KuCoin Spotlight is a platform that serves early-stage crypto projects and its initial token distribution. KuCoin users can participate in the early investment of their preferred projects through Spotlight, and gain profits. According to the historical data, KuCoin has launched 14 Spotlight projects, with the highest ROI exceeding 2763%. To name a few, LUKSO has reached a 122 times increase in token price, and PDEX price surged by 114 times. Take LYXE as an example, now the LYXE price is $34. And the Spotlight token sale price is $0.22 USD. If you participated in LYXE's Token Sale On Spotlight at that time, your investment income would be over 100 times. 5. How’s KCS related to Burningdrop? KCS holders can join BurningDrop. BurningDrop is a fair token distribution platform, and has supported the token distribution of a wide range of blockchain start-ups so far, including HORD, TCP, LOCG, LNCHX, XCAD, etc. Users can access the project token by locking a designated amount of crypto assets. In addition, users can designate tokens to increase their computing power for more token distribution. So far, the average ROI of projects that were listed through BurningDrop exceeds 3814%. 6. How’s KCS related to KCC? Another important milestone for KCS is the development of KCC, which is a decentralized public chain built by the fans of KCS and KuCoin’s fan communities. KCS is used as the only fuel and native token for KCC and can be used to pay gas fees. KCC is a decentralized public chain with high performance. It features high throughput, low latency, low transaction cost, and satisfactory security and stability. In addition, it aims to improve the on-chain processing power and performance with the Proof of Staked Authority (PoSA) consensus mechanism by reducing the block confirmation time to within 3 seconds. It adopts KCS as the on-chain gas fee to reduce the overall transaction costs. By building up a "faster transaction confirmation speed," "higher transaction performance," and "lower transaction fees," KCC aims to provide community users with faster, more convenient, and lower-cost experiences. The number of KCS addresses grew steadily in 2021. We’ve seen a positive impact on the growth of KCS holders after the mainnet launch of KCC in this June, the KCS address growth on the KCC public chain contributed to 45% of the overall growth this quarter. According to KCC Discover, the TVL in KCC is close to 40 million with projects like Mojitoswap, Kuswap emerging. 7. What is KCS burn? KCS’s tokenomics is deflationary. The KCS team is executing KCS buyback and burn regularly. Starting from January 2021,to accelerate the process of KCS burn and adapt to the market development more efficiently, the KCS team decides to adjust the period of KCS buyback and burn from each quarter to each month. In each period, 10% of the net profit will be applied to the buy-back of KCS. In the past three months, more than $6.68 million KCS has been burnt, and it surged almost 14x QOQ. In 2021, KuCoin has burnt over $20 million KCS, about 3x higher than the accumulated burnt value in 2019 and 2020. 8. Where has KCS been listed? KuCoin is the biggest market for KCS with a daily average volume of 20 million. The liquidity of KCS keeps improving, as KCS has been listed on exchanges including KuCoin, MXC, Poloniex, AscendEX (formerly Bitmax) and Probit. 9. What are the other use cases of KCS? KCS, as a payment method, also has a lot of use cases in daily life. You can go shopping on the internet, book a hotel and play games via KCS. More application scenarios as fellowed: 1) SwirlPay, a decentralized payment service, supports KCS payments. 2) PlayGame, a direct-to-play gaming platform, enables users to play games with KCS. 3) KCS can be used to make hotel reservations on Travala, the leading blockchain travel booking platform. 4) Purchase fashionable products on Print-ted with KCS. 5) KCS is able to serve various offline and online payment scenarios via Pundi X. 6) Use KCS to buy monster card packs on Splinterlands. 7) Collateralize KCS to borrow US Dollars (USD) and Vietnamese Dong (VND) on Constant. 8) CoinPayments, a borderless online payment platform, accepts payments in KCS. 9) BetProtocol added KCS as the main token used on their gaming applications. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
274 days agocointelegraph
3 reasons why Kadena (KDA) price went on a 500% parabolic frenzy
New staking opportunities in DeFi and centralized exchanges, along with a migration to the Ethereum network are just a few reasons for KDA’s recent 500% rally.
282 days agocointelegraph
Industrial Bitcoin mining breathes new life into tiny Texan town
Major Bitcoin miners have set up shop in a former aluminium smelting plant in the small Texan town of Rockdale.
285 days agocryptodaily
Texas GOP Representatives Plan To Make State A Cryptocurrency Hub
U.S. Senator Ted Cruz has revealed that he, and other Republican party members from Texas, would like to see the state become the center of the cryptocurrency universe. Cruz made this announcement at the Texas Blockchain Summit. Rebuilding The Local Economy North America’s largest Bitcoin mine, operated and owned by Whinstone U.S., located at Rockdale, has quickly become an important part of the town’s economy, having already added around 145 jobs, and is also becoming an integral part of the community. Whinstone CEO Chad Everett Harris has revealed that plans are afoot to expand the mining facility and make it the largest mining facility in the world. Central To Texas’ Ambitions Rockdale finds itself right in the center of Texas’ crypto ambitions, with the state drawing in the cryptocurrency industry as both federal and state lawmakers work on laying the foundation for the blockchain industry in Texas. Industry leaders from the blockchain space, on their part, reveal that they are drawn to Texas’s cheap energy and friendly regulatory policies. U.S. Sen. Ted Cruz, R-Texas, while speaking at the Texas Blockchain Summit, which saw an attendance of around 700 attendees, said that he hopes to see Texas become the center of the Bitcoin universe and crypto. Republican politicians made an impassioned case for the crypto space in Texas. A Few Doubters Remain The nascent industry does, however, have its fair share of doubters and opponents. Several individuals have flagged the significant amount of energy required to mine cryptocurrencies such as Bitcoin, thanks to their Proof-of-Work Consensus mechanism. This has given rise to significant concerns about the environment, along with the added strain it would put on the already overworked and fragile power grid of Texas. The growth has also come in bursts; in 2018, a Chinese company designing specialized computers for crypto mining promised a $500 million investment and hundreds of jobs, but which did not come about. However, leaders in Texas are pushing ahead with their plans, with Texas Gov Greg Abbot meeting with the Texas Blockchain Council and promising that the state would soon be the #1 destination for the blockchain industry and cryptocurrencies. A Perfect Combination According to entrepreneurs in the crypto space and Republicans in Texas, crypto and Texas are a perfect pair. Senator Cruz described the relationship, saying that there is a natural synergy between the state’s ethos and blockchain technology. He also added that Texas “lionizes” entrepreneurs, with the state’s anti-regulatory laws highly appealing to the crypto industry, which lays huge emphasis on privacy. Cruz stated that the cryptocurrency industry is an industry that is based on individual freedom, individual responsibility, and a lack of dependence on the government. Everett Harris further emphasized this point, stating, “We came here because of power and the deregulated market,” Harris said. “We knew power was a competitive component. And we knew at large scale; we could get power at a lower price.” Energy And Climate concerns China was, for a long time, the leader when it came to bitcoin mining and cryptocurrencies. However, after the government crackdown on Bitcoin and other cryptos, particularly due to environmental concerns, the crypto industry has looked for alternative options. GOP leaders in Texas have not raised any concerns regarding energy consumption or the impact on climate, with Senator Cruz stating, “For bitcoin, you need a lot of energy. If there’s one thing Texas has in large amounts, if there’s one thing Texas knows about, deeply, it is energy.” Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
293 days agocointelegraph
Altcoins take the next leg up as the total crypto market cap tops $2.63 trillion
TRAC, KDA and CTSI booked double-digit gains after BTC hit a new all-time high and the total crypto market cap hit $2.63 trillion.
295 days agocointelegraph
Ankr Network, Stacks and Kadena rally while most altcoins cool off
ANK, STX and KDA took a different path than most altcoins by posting double-digit gains over the past 24-hours.

About Kadena

The live price of Kadena (KDA) today is 2.1472 USD, and with the current circulating supply of Kadena at 184,802,447.92 KDA, its market capitalization stands at 396,801,237 USD. In the last 24 hours KDA price has moved -0.1465 USD or -0.07% while 16,944,720 USD worth of KDA has been traded on various exchanges. The current valuation of KDA puts it at #114 in cryptocurrency rankings based on market capitalization.

Learn more about the Kadena blockchain network and how it works or follow the price of its native cryptocurrency KDA and the broader market with our unique COIN360 cryptocurrency heatmap.

Kadena is a hybrid Layer-1 network that seeks to create a developer-friendly and scalable blockchain and employ it for real-world blockchain use cases. KDA is Kadena’s native coin or cryptocurrency, which serves to pay for transaction fees and to reward miners. 

Kadena’s public network architecture, called Chainweb, is designed as a set of parallel chains, each handling a fraction of the network’s transaction flows. This novel Proof-of-Work consensus mechanism enables high transaction throughput and a level of security similar to Bitcoin’s. Kadena also offers smart contract functionality with its native smart contract language called Pact. Kadena’s private blockchain, Kuro, is built for enterprises and works as a layer-2 blockchain. 

Kadena was founded in 2016 by Stuart Popejoy, who led JPMorgan’s Emerging Blockchain group prior to building Kadena, and Will Martino, who worked as the tech lead at the U.S. Securities and Exchange Commission.

KDA price

Ассording to our KDA USD live price chart, Kadena’s native KDA crypto didn’t witness any major price action until its parabolic rise in Q3 2021, with KDA price range-bound in $0.06 to $0.334 prior to that.

Throughout 2020 KDA was trading sideways, plunging to its all-time low of $0.0658 on March 13, 2020. The price of KDA also saw a minor bull run in the summer of 2020, rising by 313% from $0.2518 on Aug. 5, 2020, to $0.7899 on Aug. 9, 2020, when KDA reached its highest price for the year. The surge was short-lived, however, with Kadena losing all of the summer gains by early October and closing 2020 with a 35% loss. Despite a moderate start to 2021, KDA reached a new peak of $1.7 on March 11, 2021. However, optimistic sentiment faded soon with a severe crash hitting the broader crypto market in May. 

Kadena returned to the growth phase in Q3 2022 and extended the gains with news on project developments, including new partnerships in the NFT space. The rally in Bitcoin provided more fuel for further upside momentum, pushing the price of Kadena to a new all-time high of over $28 on Nov. 11, 2021. Kadena’s parabolic rise brought its fully diluted valuation to over $28 billion, putting it in the top 30 coins by market capitalization, according to Coin360 data. Although KDA lost 70%+ since its all-time high, it turned out to be one of the biggest winners in 2021, ending the year with an 8,000% gain. 

In terms of Kadena price predictions, KDA’s epic boom may not be repeated in the near term, but ecosystem growth combined with another crypto-wide rally could see the price of KDA surging again.

How KDA works

Kadena’s KDA coin is used to pay for computations on the network, including peer-to-peer transfers on the network, new smart contracts deployment and execution of existing smart contracts. Miners producing new blocks also earn KDA, with rewards composed of transaction fees and network inflation. The total supply of KDA is capped at 1 billion tokens, with 70% of the supply allocated to KDA miners, 20% to the Kadena platform, and 6% to the strategic fund and investors. 

Kadena combines a novel Proof-of-Work consensus mechanism and a new language for smart contract capabilities in one network. Kadena’s public chain features a proof-of-work (PoW) consensus mechanism called Chainweb that enables high network scalability and fast transaction execution on the network. Chainweb is designed as a combination of multiple individually mined chains that work in parallel and transfer liquidity between each other, with KDA serving as the single currency across all chains. Having 20 active chains, Kadena claims to have a theoretical throughput of 480,000 transactions per second and ‘virtually free’ transactions. 

Kadena introduced Pact, a human-readable and computer-verifiable smart contract language for application development. Pact aims to improve upon Ethereum’s Solidity with full formal verification, which makes the code less prone to bugs, and contract upgradability without requiring a hard fork, among the features. Kadena’s coding language allows builders to create DeFi protocols and enterprise blockchain use cases. 

Kadena also offers Kuro (formerly ScalableBFT), a side chain solution tailored for enterprise needs. Unlike its public network Chainweb, Kuro is a permissioned blockchain so the data on the network is only available to verified participants. Kuro also has different technical characteristics from Kadena, processing up to 8,000 transactions per second. 

KDA news, updates and highlights

Kadena occupies a niche of its own, being a scalable Proof-of-Work blockchain with smart contract functionality. Unlike other PoW blockchain networks, Kadena aims to offer high transaction throughput without sacrificing security. Unlike multiple Layer-1 networks, Kadena seeks to tap into the enterprise-grade blockchain solutions and NFT issuance standards alongside building DeFi protocols. 

However, Kadena hasn’t seen much traction on its platform yet. Its private blockchain Kuro is used by a few enterprises, but the details are not revealed due to legal and commercial reasons. 

Kadena is competing with multiple smart contract platforms in the DeFi space, such as Solana and Avalanche. Kadena’s DeFi ecosystem is currently limited to several protocols, including Kadenaswap, the blueprint from Kadena for a DEX, and Kaddex, a multi-chain DEX, which was launched in beta in December 2021. 

Kadena made progress in the NFT space so far, delivering Marmalade, a new NFT standard, launching several NFT collections and securing multiple partnerships with the players in the space. UFO Gaming entered into a strategic partnership with Kadena in October 2021, choosing Kadena network to facilitate its upcoming ecosystem. 

In order to attract more developers to build on the network and incentivize activity, Kadena launched a $100 million grant program in April 2022. Kadena Eco, the initiative that will be administering the grants program, aims to support builders in areas such as gaming, metaverse, NFTs and DeFi among others.

With fierce competition between smart contract platforms, the efficiency of the capital allocation in this grant program will probably define the future of the Kadena ecosystem. Meanwhile, Kadena is in its infancy and is yet to catch up with more robust ecosystems. 

Kadena also aims to build a Kadena-Cosmos bridge alongside releasing wrapped indigenous tokens such as kUSD, kBTC, and kETH to drive more liquidity into the ecosystem. 

Frequently asked questions about KDA

  • Can you mine or stake KDA?

Kadena is a proof-of-work (PoW) blockchain, which means the network rewards miners with KDA for discovering new blocks. Kadena can be mined with ASIC miners, and miners will receive 70% of the total KDA supply, which will be emitted over 120 years. 

  • What are some of the best KDA wallets?

Kadena offers Chainweaver, its native Kadena desktop wallet for KDA storage. Other popular KDA wallets include X-Wallet and Zelcore. 

  • What can you do with KDA?

You can use KDA to pay for transactions on the Kadena network and trade it with other cryptocurrencies on exchange platforms. Alternatively, you can mine KDA with ASIC miners. 

  • How to buy KDA?

You can buy KDA by exchanging your BTC, USDT or BUSD holdings on an exchange such as Binance, Kucoin and gate.io.

Kadena Price2.1472 USD
Market Rank#114
Market Cap396,801,237 USD
24h Volume15,441,749 USD
Circulating Supply184,802,447.92 KDA
Max Supply1,000,000,000 KDA
Yesterday's Market Cap389,185,180 USD
Yesterday's Open / Close2.2525 USD / 2.106 USD
Yesterday's High / Low2.2905 USD / 2.0377 USD
Yesterday's Change
-0.07% ( 0.1465 USD )
Yesterday's Volume16,944,720 USD
Mining Info
Hashing algorithmBlake2S
Pools (known)7
Pools Hashrate82.90 PH/s
Network Hashrate120.51 PH/s
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