In the blockchain world, Cardano is a public chain that looks the least like a 'crypto project'—it does not rely on white papers for promises or KOLs for promotions, but instead uses 312 peer-reviewed academic papers, five zero-incident hard forks, a staking rate of 72.3% which is the highest globally*, and a clean record with zero regulatory lawsuits, zero founder exits, and zero pre-mining unlocks, transitioning from a draft paper in a small office in Japan in 2015 to a market capitalization of $18.92 billion on November 8, 2025, ranking 10th globally as an L1 public chain. It is not the fastest to launch, not the first to do DeFi, and not the best at marketing, but it is the only third-generation public chain that has survived the 2017 ICO bubble, the 2021 bull market frenzy, the 2022 bear market crash, and the 2024 AI narrative reshuffle, still firmly sitting in the top 15, with a complete ecosystem, institutional endorsement, and an intact community.
Latest Progress of Cardano Midnight Privacy Sidechain On-Chain Project
Midnight is a privacy sidechain ecosystem led by Input Output Global (IOG), based on Zero-Knowledge Proofs (ZK-SNARKs), aiming to achieve 'rational privacy': protecting sensitive business data and personal privacy while retaining the verifiability and usability of data on-chain. All content is sourced from official announcements, on-chain data, and public information from mainstream exchanges, excluding personal predictions. One, key time nodes that have occurred On December 4, 2025, the NIGHT token completed the minting of 24 billion tokens on the Cardano mainnet, with a total supply permanently fixed and no inflation mechanism.
If you want to learn about Cardano, you can take a look at this article #night #ADA
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Cardano (卡尔达诺) Chronicles I
In the blockchain world, Cardano is a public chain that looks the least like a 'crypto project'—it does not rely on white papers for promises or KOLs for promotions, but instead uses 312 peer-reviewed academic papers, five zero-incident hard forks, a staking rate of 72.3% which is the highest globally*, and a clean record with zero regulatory lawsuits, zero founder exits, and zero pre-mining unlocks, transitioning from a draft paper in a small office in Japan in 2015 to a market capitalization of $18.92 billion on November 8, 2025, ranking 10th globally as an L1 public chain. It is not the fastest to launch, not the first to do DeFi, and not the best at marketing, but it is the only third-generation public chain that has survived the 2017 ICO bubble, the 2021 bull market frenzy, the 2022 bear market crash, and the 2024 AI narrative reshuffle, still firmly sitting in the top 15, with a complete ecosystem, institutional endorsement, and an intact community.
Cardano Weekly Highlights: Midnight Mainnet Launch, Hydra Breaks 110,000 TPS, 70 Million ADA Development Fund Approved
In the past 7 days (December 2, 2025 - December 9, 2025), Cardano (ADA) has made multiple heavyweight advancements in its ecosystem, with a noticeable acceleration in the pace of technological implementation. Here are the five most important events of the week, sorted by significance: 1. The Midnight privacy sidechain officially goes live on the mainnet, with the NIGHT token launching on three major exchanges tomorrow. On December 8, Cardano's first zero-knowledge proof privacy sidechain Midnight officially launched on the mainnet, becoming the world's first production-grade privacy blockchain based on ZK-SNARKs. - The native token NIGHT will be launched for trading on December 9 on exchanges such as Binance, OKX, Bybit, and Gate.io.
Cardano's 70 Million ADA Proposal: A Key Step Towards Governance Revival and Ecological Transformation
Introduction: From Division to Unity, Cardano's Turning Point On November 27, 2025, the five core entities of the Cardano ecosystem—Input Output Global (IOG), EMURGO, Cardano Foundation, Intersect, and Midnight Foundation—jointly submitted a historic proposal for the first time: to allocate 70 million ADA (approximately 28 million USD at current market value) from the network treasury to fund core infrastructure development for 2026. This initiative is called the 'Cardano Critical Integrations Budget' and marks the shift of Cardano from long-standing internal friction to a highly collaborative governance model. The trigger for the proposal originated from a recent chain partition event, which stemmed from a vulnerability in the cryptographic library discovered in the 2022 Preview testnet, amplified by a maliciously designed invalid delegation transaction, leading to a brief network split. Although the Intersect team quickly fixed the issue, it exposed the vulnerability of the infrastructure, prompting founder Charles Hoskinson to publicly call for a 'relationship reset.'
Cardano Foundation Appoints New CFO Stephen Wood: An Analysis of the Potential Impact of Financial Governance Upgrades on the ADA Ecosystem
The Cardano Foundation (#Cardano Foundation) officially announced on December 3, 2025, the appointment of Stephen Wood as Chief Financial Officer (CFO), effective immediately. Wood previously served as the financial head for the Switzerland region at the digital asset custody firm Copper.co and has accumulated over 20 years of financial leadership experience at companies like Keyko, Proton, and Verint. This appointment is an important part of the leadership adjustments at the Cardano Foundation since 2025, which has already seen the expansion of the CEO, COO, and legal teams. New CFO Core Competency Assessment 1. Institutional-level experience in digital assets During his tenure at Copper.co, Wood was responsible for building and managing the financial framework for institutional-level cryptocurrency custody services, covering key areas such as fund segregation, risk-weighted capital management, and cross-border regulatory compliance. This institution currently serves over 400 institutional clients globally, managing assets exceeding $10 billion.
【In-depth Analysis】The Truth Behind the Cardano Mainnet Incident: A Decentralization Stress Test Triggered by a 'Malicious Transaction'
Recently, the Cardano mainnet experienced a brief chain partition due to a maliciously constructed delegation transaction triggering an old deserialization bug. Community opinion was once chaotic, but the official technical team has publicly released a complete report, clarifying all key facts. This event, compared to a 'crisis', is more like a real stress test of Cardano's decentralization capabilities.
1. Overview of key facts The mainnet has never gone down (both chains are continuously producing blocks) The integrity of the ledger is fully maintained No funds have been lost The event automatically converged within 14.5 hours Ecosystem teams collaborated rapidly to complete the recovery
The U.S. federal government officially opens: Trump signs bill ending 43-day shutdown
Washington, D.C., November 13, 2025
U.S. President Trump signed the temporary funding bill (Continuing Resolution) passed by Congress at 9:45 PM local time on November 12. The federal government will fully resume operations starting today (November 13), ending the longest government shutdown in history, which lasted 43 days.
Key points: - The House passed the Senate version of the bill by a vote of 222-209 on November 12; - Funding extended until January 30, 2026; - All federal departments will return to normal operations immediately, national parks will reopen, and air traffic restrictions will be lifted; - 800,000 unpaid furloughed employees will receive full back pay, expected to be delivered next week; - SNAP food assistance will resume 100% distribution.
White House spokesperson stated: "The government is fully open, and the lives of the American people are quickly returning to normal." $BTC $ETH $ADA
🔥Cardano Berlin Summit 2025: A milestone for enterprise-level blockchain, ADA payment card officially launched globally
The Cardano Summit 2025 will be grandly held at Gasometer Schöneberg in Berlin, Germany, with the theme 'Where Blockchain Meets Enterprise.' This summit completely tears off the old label of Cardano as an 'academic public chain,' announcing to the world that it is ready to become the core trust layer of enterprise-level financial infrastructure. The two-day agenda gathers over 1,500 on-site participants, more than 800 corporate executives, and over 100 top speakers, making it the most luxurious lineup in the history of Cardano summits. 1. Headliner: The world's first Cardano Card is officially launched
Bitcoin has gone crazy again after dropping below 100,000! The government shutdown ends tonight, the SEC is batch approving altcoin ETFs, and institutions are rushing in—will the next bull market ignite tonight?!
November 12, 2025 Real-time updates from the crypto market
1. Price volatility followed by rebound: BTC rebounded from a low of $99,000 to $103,100, down 2.6% in 24h; ETH fell 4% to $3,436; SOL plummeted 8.2% to $154. Over $400 million was liquidated across the network in 24h, with bulls wiped out, but the fear and greed index at 26 (extreme fear) has shown bottom-fishing signals.
2. The U.S. government shutdown ends tonight: The House voted on the funding bill at 5 AM Beijing time, with a 95% probability of passing in the market. As soon as the 41-day shutdown ends, the SEC/CFTC will resume operations immediately, and multiple altcoin ETFs like XRP, DOGE, and SOL are expected to be batch approved this week, with institutional funds ready to surge!
3. Regulatory + institutional double impact is bullish: - The Central Bank of Brazil officially includes crypto companies under bank regulation, treating stablecoins as equivalent to foreign exchange, effective in 2026. - The latest guidance from the U.S. Treasury: staking ETP rewards temporarily tax-exempt, ETH staking products take off directly. - SoFi Bank enters crypto: the first national bank to launch spot trading for BTC/ETH/SOL and plans to issue a stablecoin. - Bitwise Chainlink ETF (CLNK) has been submitted to DTCC; Canary XRP ETF Form 8A filed, might go live directly tonight!
4. Hot trends skyrocketing: - After the UNI fee switch, whales dumped 14.18 million coins, and the price fell to $8, but Arthur Hayes made his first purchase of 28,670 UNI in three years. - Zcash privacy pool share surged to 23%, with whales frantically buying before the halving. - Lighter completed $68 million in financing, valuing at $1.5 billion.
5. Major moves from exchanges: - Binance delisted FLM/KDA/PERP at 03:00 UTC this morning and listed ALLO with 50x perpetual. - Coinbase canceled the $2 billion acquisition of BVNK and is promoting new coin public sales.
Key points tonight: - House voting → Shutdown ends → SEC opens the floodgates → ETF batch approvals → Institutional fund surge - BTC key support at $100,000-$103,000.
In-depth Analysis of the Three Major Institutions of Cardano: Who is Really Driving the Future of ADA?
Cardano as a leading third-generation blockchain platform is distinguished by its "three institutions" governance structure: Cardano Foundation, IOG (Input Output Global), and Emurgo. These three independent entities collaborate, check and balance each other, and jointly promote Cardano's technological research and development, ecological governance, and commercial adoption. By November 2025, Cardano has entered the Voltaire governance era, with community-led decision-making and over 2000 ecological projects. This article systematically introduces the responsibilities of each institution and key developments in 2025 based on official announcements, quarterly reports, and summit content.
🔥After 40 days of U.S. government shutdown, dawn finally appears: this week is expected to officially 'open'
#美国政府停摆 After 40 days, the dawn finally appears: this week is expected to officially 'open' November 10, 2025, 1:16 PM Beijing Time After a long stalemate of 40 days, the U.S. federal government shutdown has finally seen a breakthrough. This shutdown, which began on October 1, has set a record for the longest duration in U.S. history, mainly due to intense disagreements between Republicans and Democrats on several issues, including healthcare subsidies (Obamacare tax credit expansion), border wall funding, and the SNAP food assistance program. Key turning point: Senate 60-40 vote breaks the deadlock