News just out on the distribution of Midnight token ($NIGHT) from the Midnight team. Good news that Cardano will be getting 50% of the total distribution, with 20% of the supply allocated to BTC holders. The remaining 30% will be split among holders of ETH, SOL, XRP, BNB, AVAX, and BAT, in proportion to their relative USD…
Sovereign Wealth Fund
Every now and then CH drops a must watch video that sets the tone and direction at a key point for the ecosystem. This is one of those videos. Cardano Decentralized Sovereign Wealth Fund https://t.co/8RIELNl872 — Charles Hoskinson (@IOHK_Charles) June 13, 2025 We are at a key inflection point for the ecosystem as its transitions…
Cardano 360
Tim and crew with the regular update on developments across the ecosystem including: Lots happening as ever, embedded below for convenience.
Cardano Ecosystem Budget
We have voted in favour of the governance action: “Cardano Blockchain Ecosystem Budget – 275M ada Administered by Intersect“: https://gov.tools/governance_actions/e14de8d9dc4f4ddf3fe9250a8a926e20f10e99b86bd0610b77d7a054981591ee#0 The period during which this Budget Info Action remains in effect will begin at the close of its voting period and continue for 73 epochs (52 weeks). This budget is an aggregate allocation and following…
Bitcoin x Cardano
Lots of presence at the Bitcoin 2025 to demo interoperability between Bitcoin and Cardano. And the Lace intern has been left in charge of the X account… sneaking out a pic of BTC DeFi 👀no ETA yet but couldn’t resist sharing…hopefully I don’t get fired for this 😅 #Bitcoin #DeFi #WIP #ADA pic.twitter.com/0hU7sFURh6 — lace.io…