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Cardano Updates: Google Integration, Transaction Volumes, And Doubled Bounty

Cardano Updates: Google Integration, Transaction Volumes, And Doubled Bounty

In a milestone moment for Cardano, ADA has been added to the Google currency conversion rate calculator, allowing users to easily calculate the conversion rate of ADA in terms of fiat currencies.

Google Integration Key Moment For ADA

The integration is a key moment as it proves that Google recognizes Cardano’s reach as a major cryptocurrency. It also indicates that sufficient users have already been on Google trying to find out the value of ADA regularly. One group of people who will find this integration really helpful are investors who can easily use the conversion tool to determine the close price calculation of ADA. Experts are hoping to see more and more crypto projects in the conversion tool by Google, which seems likely given how crypto will be inevitably integrated with traditional markets in the near future.

The market valuation of Cardano is likely not going to be affected much by this integration. However, it does bring the coin somewhat into the mainstream and sets the foundation to learn more about the crypto, especially among users who are not as aware of the coin. Gaining more Cardano users will be beneficial for its Proof-of-Stake platform. Furthermore, with the coin getting more visibility across developed and developing nations, the integration will help improve the global incorporation of the overall crypto market. 

ADA Crosses BTC And ETH 

In related news, Cardano seems to be on a roll lately. On February 13, news broke that Cardano had overtaken Bitcoin and Ethereum in adjusted transaction volume over the span of 24 hours. According to crypto data aggregator, Messari.io,  ADA’s adjusted transaction volume was $17.15 billion, much higher than BTC ($15.1 billion) or ETH (8.6 billion). Whereas transaction volume only reveals the total value moved on a blockchain, adjusted transaction volume provides more detailed information, especially regarding UTXO style transactions and account-based transactions. This noteworthy development for Cardano can be credited to the much lower transaction fees. As of February 10, the average transaction fee was $0.44. Plus, failed transactions during peak loads were not charged, and denial-of-service attacks were quite rare. 

Hackathon Bounty Doubled

In further Cardano news, it looks like the network is doubling down on its intentions to remove vulnerabilities. The Cardano Foundation had previously launched the Hackerone event to offer bounties to hackers and developers who unearth minor bugs or even serious vulnerabilities in the code. Earlier today, the team announced that the bounty amounts had been doubled. The hackathon, which will be running for six weeks from February 14 to March 25, is now doling out the following prize amounts for spotting bugs - 

For Cardano Node:

  • Critical vulnerability: $20,000
  • High vulnerability: $10,000
  • Medium vulnerability: $5,000
  • Low vulnerability: $800

For Cardano Wallet:

  • Critical Vulnerability: $15,000
  • High Vulnerability: $6,000

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.

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