This week’s roundup is a mix of governance, infrastructure, and ecosystem growth across Cardano and adjacent crypto. WLFI dominated the wider conversation, while Cardano Summit, partner chains, Midnight onboarding, and developer tooling all kept momentum moving.
World Liberty Finance Rug Pull
Justin Sun accused WLFI of secretly implanting backdoor controls and freezing investor funds, while Gothburz said he is still the Web3 Ambassador at World Liberty Financial and discussed token sale terms, the dashboard, and unlock governance.
Cardano Summit
The Cardano Foundation and EMURGO published a new treasury withdrawal proposal for Cardano Summit 2026 and TOKEN2049 Singapore sponsorship.
Cardano partner chains
Materios is emerging and VolaNetwork is nearing public testnet.
Midnight onboarding
Sebastien Guillemot said users shouldn’t need a Midnight wallet to use Midnight apps, and started a working group on onboarding.
Razor / SAIB
Cardano highlighted Razor, a .NET Cardano data node focused on better developer and user experience.
PRAGMA
Opened applications for new open-source projects supporting the Cardano ecosystem, deadline May 8.
TxPipe / SuperNode
Working to add fairway_global into the SuperNode catalog for identity and credential infrastructure.
1AM Explorer
Added Japanese and Korean localization, with Ledger support teased next.
Fluid Tokens
Reported continued growth in TVL, wallets, collateral, and debt.
Strike
Launched a 3-month liquidity program covering 100% of potential losses in the SLP Vault.
Anzens
Partnered with Yeshara Tokens to bring USDA to Kenyan banks and payment providers.
Cardano governance / NCL tracker
A Dune dashboard now tracks Cardano’s Net Change Limit, showing 17% spent.
Overall, the big themes this week were governance, infrastructure, and ecosystem expansion, with Cardano’s summit planning and technical building standing out the most.