News with the tag "Hydra"

In a newly released video titled “The next steps for Hydra,” Cardano founder Charles Hoskinson outlined the trajectory of the Hydra scaling solution and provided insights into how independent companies will soon spearhead fresh developments in the ecosystem. The announcement comes shortly before the...

CryptoQuant’s CEO Ki Young Ju dismissed the idea that private CoinJoin transactions are mostly used by hackers to launder stolen funds.

Stanislav Moiseev, the mastermind behind Hydra—the infamous online black market and crypto mixing platform—has been sentenced to life in prison by a Moscow court. Hydra, which handled over $5 billion in cryptocurrency during its reign, was a hub for illicit activities, including drug sales, fake ide...

Cardano has processed over 134,000 transactions per second (tps), marking a significant milestone in the platform’s development. Charles Hoskinson, CEO of Input Output Global (IOG), shared his enthusiasm on X, stating, “Not bad Cardano. #HailHydra,” alongside a screenshot displaying 134,464 tps. Not...

Hydra market founder Stanislav Moiseev and 15 of his accomplices were jailed for between 8 and 23 years for their involvement in the darknet market and crypto mixer.

This week, Cardano founder Charles Hoskinson shared that after a team of developers successfully implemented the popular video game “Doom” on Cardano’s Hydra layer two (L2) solution, programmers are now aiming to get a Nintendo emulator working on Hydra. Hydra Heads Take on Classic Games Charles Hos...

Charles Hoskinson, the founder of Cardano, has teased the imminent release of Hydra, a Layer 2 scaling solution via X. The announcement posted earlier today, August 2, reads, “Are you ready for Hydra at Rare Evo?” This tease precedes the upcoming Rare Evo blockchain and crypto conference scheduled t...

A new Hydra update has triggered an uptrend in the Cardano Decentralized Finance (DeFi) Total Value Locked (TVL). Cardano DeFi TVL Prints Visible Rebound Data from DeFiLlama shows that the Cardano DeFi TVL has climbed to $243.17 million. Compared to July 6 when this metric was $242.13 million, the n...

Charles Hoskinson, the founder of Cardano, addressed concerns surrounding the development of Hydra. This layer-two scaling solution aims to bolster the Cardano blockchain’s transaction processing capabilities. Amidst circulating rumors of its abandonment, Hoskinson affirmed that Hydra’s development ...

Hydra, Cardano’s layer-2 scaling solution, remains actively developed and operational despite recent rumors suggesting otherwise. Charles Hoskinson, the founder of Cardano, addressed the rumors directly, emphasizing that the project is more productive than ever. Through a post on X, Hoskinson consis...