Cardano ecosystem DeFi protocol Genius Yield is gradually winding down operations. Its co-founder launched an open-source application Genius Zero for users to interact directly with contracts to manage staking, orders, and rewards.
Cardano Foundation says it submitted comments to the European Commission opposing separate standalone regulatory rules for DeFi and staking, and advocating regulation based on an activity's function and risks.
PANews, citing CoinDesk, reported that Charles Hoskinson says he is working with IOG engineer Lucas Rosa to develop a new programming language for Cardano, intended to support transaction intents, proof-carrying data, and Groth16 proofs.
Cardano The foundation announced that it would spin off its digital identity project Veridian into an independent Swiss company and put most of its 1000000 shares on-chain through CIP-0113 tokenization, but they have not yet been offered to the public.
PANews cited analyst Ai as saying that ADA futures open interest 1 declined over the past 9%weeks, and said that whales had reduced their holdings by approximately September 20 since 90000000 units ADA. The analysis regarded 0.24 USD as key support; a break below it could point toward approximately 0.21 USD。
Brazil’s state-owned energy company Petrobras is testing Cardano to track the environmental benefits and supply-chain data of sustainable aviation fuel and Diesel R diesel. Both projects remain in the research stage, and no rollout timeline has been disclosed.
x402 The toolkit has included Cardano-related tools, enabling applications and AI agents to develop ADA and ecosystem token payment functionality, but it is currently being tested only in a preproduction environment.