Key Highlights: The Cardano Foundation has spun off its digital identity project, Veridian, into an independent Swiss-based enterprise. Veridian has become the first operating company to tokenize its equity on Cardano utilizing the newly unveiled CIP-0113 programmable-token standard. Led by former Cardano Foundation engineer Thomas A. Mayfield, the venture plans to pursue strategic investment rounds ...
Key Highlights Cardano has introduced a permissioned token architecture using smart contracts to enforce regulatory and transfer rules without requiring a network hard fork. Cardano Foundation CEO Frederik Gregaard stated that asset rules must travel directly with the token and remain strictly enforceable across every transfer. The functionality includes issuer capabilities to restrict transfers or ...
Key Highlights: Cardano ($ADA) retreated 4% to $0.239 on October 2, wiping out earlier gains after testing resistance at $0.26. Technical indicators reveal mounting selling pressure, with the Relative Strength Index (RSI) sinking toward oversold territory and the Chaikin Money Flow (CMF) turning negative. Derivatives markets reflect aggressive shorting activity as funding rates dipped to ...
Key Highlights Cardano Foundation and Fireblocks announced a technical roadmap to bring Cardano Native Tokens (CNTs) onto Fireblocks’ institutional custody platform by March 2027, covering CIP-26 and CIP-68 token standards. The integration will allow thousands of banks, exchanges, payment firms, and fintechs using Fireblocks to custody, send, and receive CNTs with the same security and ...