Cardano ADA News Update, March 4th, 2024

#Cardano native assets cannot be clawed back or frozen. $usdm is as native as $ada

There is no requirement that makes it where you NEED clawback on a stablecoin, or freeze accounts.

We are making the standard for Cardano fair, not copying the EVM way others choose to do. https://t.co/RW1dkbqtXP

— $USDM Launching Soon (@MehenOfficial) July 25, 2023

are u ok, $DJED? pic.twitter.com/y8Y4shiGQH

— Gab 👨🏼‍🚀💽 (@gabscrypto) March 4, 2024

1/🚀We're thrilled to announce the launch of XSY. XSY’s mission is to create capital efficient systems that don’t encumber more assets in collateral than they unlock in value. Welcome to the future of #blockchain economies

Blog: https://t.co/Wp14TlkbCJ
🧵👇

— XSY (@xsy_fi) February 28, 2024

Cardano stablecoins are coming pic.twitter.com/1Kkrb6PXZB

— Mynth (@_mynth_) March 2, 2024

The Edinburgh Decentralization Index (EDI) shows #Cardano is leading other blockchains across Nakamoto Coefficient, Gini Coefficient, Shannon Entropy, Herfindahl-Hirschman Index, Theil Index, Max Power Ratio, and Tau-decentralization Index.

Dashboard @ https://t.co/DDiMkIHek2 pic.twitter.com/BdASVF0koA

— St₳kΣ with Pride 🌈 (@StakeWithPride) February 29, 2024

EDI is no longer on the front page of /r/CC. #Cardano $ADA pic.twitter.com/jkSNNfP8fW

— St₳kΣ with Pride 🌈 (@StakeWithPride) March 3, 2024

Cardano Treasury tipped over 1.5B ada with a nominal value of one [B]illion fiat dollars. Voltaire will unleash its full potential. With the Cardano community at the helm of it all – arguably the most exciting self-funding mechanism in the entire web3 space. Years in the making. pic.twitter.com/8LDX3qhUKq

— Daniel Ribar 🐣 (@danny_cryptofay) March 1, 2024

🚨 SanchoNet attack results.
➡️ – 50 governance actions were batched into single transactions
➡️ – 1 Million fake $ada per attacker, 9 attackers total
➡️ – 42 gov-actions before the attack, 8183 after.
✅️ result =We failed miserably😃👍
SanchoNet Won#Cardano #CardanoCommunity pic.twitter.com/BK5kPlhomp

— Mike Hornan ⚜️🇨🇦|ABLE| pool SPO (@Hornan7) March 3, 2024

It seems like more people are starting to understand that collaboration across ecosystems is something to be desired.

People often work on similar problems with unique contextualised perspectives.

Would be shame not to leverage varied domains of expertise. 👀 pic.twitter.com/wcNXx1iUhL

— Daniel Ribar 🐣 (@danny_cryptofay) March 3, 2024

⚠️Be very careful if you use Nami as there are now several reports of it sending assets to a wrong address.

I would personally stop using it until things are cleared up.

Also if you use a hardware wallet with a display, always check the destination address on it. https://t.co/a26yUcm4jy

— 竜 SM₳UG (@SmaugPool) March 1, 2024

I was intrigued by this thread about the @NamiWallet issue so I decided to do some sleuthing

If @TheAvatarNick filed a GitHub issue please point me to it so I can add this thread

To find out what I found out and why you may be in trouble, read 👇🧵

— Wild Tangz | SERIES 2 MINT (@WildTangz) March 1, 2024

There are 35,682 @adahandle listed on @jpgstoreNFT out of 236,350.

There is therefore a 15% chance for a random handle (like a misspelled or truncated one) to resolve into a https://t.co/M8pzfPiTsI Plutus script address. pic.twitter.com/HLbdUfezU5

— 竜 SM₳UG (@SmaugPool) March 2, 2024

Here are all transactions sent to @jpgstoreNFT script addresses without a datum.

If I'm not mistaken, this could show that Nami's likely bug has been around for a long time. Someone told me they thought it happened to them two years ago.

There are sparse transactions every few… pic.twitter.com/cslyyILL0G

— 竜 SM₳UG (@SmaugPool) March 2, 2024

Parallelized Ouroboros Praos, in contrast to Mithril, supports incremental sync. In the video, a Macbook Air M2 downloads and validates six epochs (~1 month) of data in 40 seconds. Currently waiting for feedback from early reviewers and will release the paper and the code soon. pic.twitter.com/tCZ4J5kIwP

— Daedalus Turbo (@TurboDaedalus) February 27, 2024

are you participating in LEVVY token sale? pic.twitter.com/neaZOFMyEm

— $itzdanny (@itzdannyADA) February 26, 2024

No private sale. Fair distribution.

Your only chance to get $LEVVY before listing starts in 24h!

Only on $ADA 🤝 pic.twitter.com/5twwUpXLoU

— Levvy (@levvyfinance) March 3, 2024

🔥Big Tokenomics Thread🔥

Splash Protocol is made to be owned by participants, and we'd like to be very open about design decisions and their logic🫡

Let's go through our tokenomics and understand it a bit more thoroughly:

🟣Public Sale (30%) – 30,000,000 SPLASH is allocated… pic.twitter.com/EqhA8df1Dx

— Splash (@splashprotocol) February 26, 2024

Order book dex support is taking a bit longer than expected; we want to make sure it is perfect before releasing, so instead and are taking our time to make sure all works correctly with the current flow🫡

From good news: Cardano DeFi is picking up in volume and traffic👀🔥

— DexHunter 🏹 (@DexHunterIO) March 2, 2024

🏙️ We got mad love from the #EthDenver Fam!

Nonstop testing all day long, with many more watching the action. The vibe was amazing- 🔥 Feedback was off the charts..

🙌 Big thank you to @EthereumDenver for the opportunity. pic.twitter.com/59cSzQMLiB

— CornucopiasGame (@CornucopiasGame) March 1, 2024

How did I miss this?

2 days ago someone borrowed 1,000,000 ADA from 2 lenders in one transaction

Do you know the protocol? pic.twitter.com/FVZfrBahcm

— elraulito (@ElRaulito_cnft) February 27, 2024

kwic://verse

The KWICVERSE update is going live within the next 48 hours!

✅ New UI
✅ More characters
✅ New collaborations
✅ New area to explore Necropolis
✅ Updated rigging and animations
✅ Upgraded play settings
✅ Graphics upgrade
✅ More to come

Only available on… pic.twitter.com/nDLmd0nz1Z

— KWIC – Keyboard Warriors Internet Cafe (@KeyboardWIC) March 2, 2024

🌊🐟🐡🐠🌊

Big Poker Game Collaboration!

Prizes: ~1500 $Ada worth in cNFTs & cNTs provided by the featured projects

When: 08.03.2024 7PM UTC
Where: https://t.co/pBY716WeLE

How:
Get registered through your favorite community!@MallardOrder@GalacticatsNFT@EvolutionsADA… pic.twitter.com/qLMSKOOYUB

— TKF (@TKFNFT_) March 3, 2024