Cardano founder Charles Hoskinson has praised the latest draft of the CLARITY Act, calling it a significant improvement over previous versions, especially for its protections of DeFi features like decentralized governance and non-custodial staking. Senators are currently working to finalize the ethics provision, a key hurdle for the bill's passage. Coinbase is reviewing the draft, seeing it as a strong compromise, while banks remain concerned about stablecoin regulations. The bill's progress is closely watched as it could shape future crypto regulations in the U.S.
Cardano's ADA traded mostly sideways with a 17% drop over the past week amid a weak crypto market. Founder Charles Hoskinson emphasized Cardano's unique position as a full-stack blockchain ecosystem focused on solving trust and coordination issues in...
Shiba Inu (SHIB) is currently ranked 29th on CoinMarketCap with a market cap of $2.93 billion but may rise significantly due to a potential "mean reversion" trading pattern. This pattern suggests that after a deep price decline, SHIB could experience...
The CoinDesk 20 index fell 0.7% to 1829.21, with only six of its 20 assets trading higher. Uniswap (UNI) was the top performer, gaining 12.9%, followed by Stellar (XLM) with a 2.7% increase. Meanwhile, laggards included Cardano (ADA) down 3.4% and NE...
Cardano faces a funding challenge as its reserve has dropped from ₳13.3 billion to about ₳6.3 billion, and Treasury funds have fallen from ₳1.82 billion to ₳1.49 billion. Current transaction fees generate about ₳3.6 million yearly, far below the esti...
Charles Hoskinson, founder of Cardano, addressed concerns about treasury spending and ecosystem support following the shutdown of several projects like TapTools. He warned that difficult market conditions are causing financial pressure on projects, p...
