Cardano News

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Join us for a X Space collaboration between @YoroiWallet & @BanxaOfficial

@wlstylr and @Banxa_Matt will be talking about the expansion of crypto access through #Cardano.

The space will be held December 11th at 7 PM Pacific Time / 10 PM Eastern.

To set a reminder, visit our Twitter at https://x.com/YoroiWallet/status/1733211960894726376?s=20

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Through mining, only 21M of BTC coins will be released into circulation by the Bitcoin protocol. BTC coins are digitally scarce. However, this feature is not unique to Bitcoin. Creating digital scarcity is an easy concept to copy. Through staking, Cardano will release only 45B of ADA coins into circulation. Also, ADA coins are digitally scarce. What about tokens and NFTs? In this article, we will explain what digital scarcity is and what it depends on.

Read the article: https://cexplorer.io/article/understanding-digital-scarcity

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Hey everyone,

I hope you are all well, the reason for this post is because ive been out of the scene recently and i was active in the beginning also when NFTs were starting to be minted on-chain.

I wanted to ask what the value of pre-smart contract NFTs could possibly be and how would one go about determining the price

thanx again

Since there was no response on the Daily Discussion, I will ask my question here.

I have a hypothetical question regarding sort of recovery:

I am using Daedalus wallet. Let's say my PC crashed and I no longer have the 24 words recovery key. But I do have the Ledger device and a copy of this folder: C:\Users\\AppData\Roaming\Daedalus Mainnet\

Can I reinstall Daedalus on another pc. Do a full sync and then copy the Daedalus Mainnet folder excluding the chain folder? Or do I only need to copy the wallet folder inside that folder? Or is that not working at all?

Hey Everyone!

Let’s go....

Newly Covered Today:

1. Cardano TVL making those big moves! https://twitter.com/LucasMacchia2/status/1733841381725008028
2. The world of crypto has also discovered our very large treasury horde. https://twitter.com/StakeWithPride/status/1733924415078035615
3. Pay attention to what you are signing! This is has to be an absolute priority with every transaction! https://twitter.com/CardanoNoodz/status/1733505774276555247
4. Some in crypto’s biggest ecosystem are still hilariously struggling with the idea that technological progress eventually reaches you whether you want it or not. https://twitter.com/LeonidasNFT/status/1733731086817964388
5. ...and we’re even getting reports that is leading to censorship related to a very notable figure. https://twitter.com/zackvoell/status/1733758189840068792
6. Happy Birthday, Ada Lovelace. https://twitter.com/InputOutputHK/status/1733800267001340027
7. Sadly, this is probably the case. https://twitter.com/lex_node/status/1731269944354963645
8. The great thing about open source products: you can "contribute" it anywhere. https://twitter.com/StakeWithPride/status/1731816734506541462

Previously covered, but still interesting:

1. Never forget what they said in 2007. https://twitter.com/dlacalle_IA/status/1705513577019330969/
2. Damn! https://twitter.com/TheBlock__/status/1702063134964322782?t=BAbOGhh-isPD247CM4r7Aw&s=19
3. More arrival of the herd. https://twitter.com/WatcherGuru/status/1702325787049984186
4. Citi is excited they can take your money and give you back tokens they invented. Way better than regular banking...for them at least. https://www.bloomberg.com/news/articles/2023-09-18/citi-debuts-token-service-in-latest-foray-into-digital-assets
5. The maintstream financial press is recognizing the possible impacts of ETF approval. https://www.forbes.com/sites/digital-assets/2023/09/18/mind-bogglingly-massive-crypto-suddenly-braced-for-a-fed-shock-that-could-actually-pump-the-price-of-bitcoin-ethereum-bnb-and-xrp/
6. Arthur Hayes with an alternative theory on a fed rate hike's effects on crypto. https://www.forbes.com/sites/digital-assets/2023/09/18/mind-bogglingly-massive-crypto-suddenly-braced-for-a-fed-shock-that-could-actually-pump-the-price-of-bitcoin-ethereum-bnb-and-xrp/
7. This sounds ominous. But, who's actually left? Haven't they already hit every major exchange. https://twitter.com/WhaleWire/status/1704220817608077710?t=OaU4JpmgtyRXeUF4N5fXkA&s=19
8. Here’s the October Cardano 360 in case you missed it. https://youtu.be/OE4I1NtoVZE
9. Here’s our yearly check on native staking as TVL. Yep, defillama still doesn’t want to count one of the biggest defi applications in crypto. https://twitter.com/StakeWithPride/status/1718669989803147680
10. Cardano TVL is looking good regardless! https://defillama.com/chain/Cardano
11. The SEC case against the Ripple execs is no more. But, it may be for less than crypto-friendly reasons. https://twitter.com/lex_node/status/1715114705453252850
12. California Joining the crypto regulation party. https://twitter.com/WatcherGuru/status/1713054622003184069?t=ahoL8LeNvqp_oTM9g5ugCw&s=19
13. ETH Relayer: "The network is much more centralized than folks realize and is on a trend to become more centralized. It’s going in the wrong direction..." https://blockworks.co/news/matt-cutler-interview-ethereum-centralized-blocknative
14. SEC: crypto = no inherent value. https://dailyhodl.com/2023/10/09/sec-says-crypto-assets-have-no-inherent-value-in-new-court-motion-against-coinbase/
15. Country Garden is defaulting on its debts. https://www.nytimes.com/2023/10/10/business/country-garden-default-china-real-estate-crisis.html
16. Sam Altman on Rogan on CBDCs. https://www.forbes.com/sites/digital-assets/2023/10/07/its-war-ceo-of-chatgpt-developer-openai-and-ai-pioneer-issues-stark-bitcoin-warning-amid-crypto-price-swings/
17. Interesting follow on to the Ardana affair. https://twitter.com/fresheyeball/status/1707377922607095991
18. Warnings have been coming for a long time regarding ETH liquid staking derivatives. Not a problem in Cardano where we have native liquid staking. https://twitter.com/StakeWithPride/status/1706645057174904934?t=swi5q1idLo8BizOpWG1eSQ&s=19
19. Whether you agree or disagree, there are some very interesting graphs here in regard to one part of the traditional asset bubble. https://youtu.be/qs0BlZNHZ7E?si=_NT_f150ysWg6kRP
20. Reps. Torres, Emmer, et al. going to bat for us with the SEC on the Crypto ETF. https://cryptobriefing.com/sec-told-approve-bitcoin-spot-etf-immediately-congress/
21. Costco sold out of gold bars (which they apparently were selling). Good sign for the hardest money in the world: crypto. https://finance.yahoo.com/news/costco-sparks-frenzy-gold-bars-121305051.html
22. Rep. Ritchie Torres questions Gensler on "investment contracts". https://twitter.com/RepRitchie/status/1707117291349885103
23. Su Zhu of 3AC reportedly arrested in Singapore. https://www.nytimes.com/2023/09/29/technology/su-zhu-founder-crypto-three-arrows-capital-arrested.html
24. This is ridiculously hilarious! Credit to Patrick for having such a good sense of humor about it. https://twitter.com/Padierfind/status/1722627306035036201
25. Hmmm...interesting observation. https://twitter.com/adamscochran/status/1722313807836360712
26. The Cardano Summit keynote. https://twitter.com/IOHK_Charles/status/1720398211800555792
27. The real birth of the Cardano Computation Layer. https://iohk.io/en/blog/posts/2023/11/03/partner-chains-are-coming-to-cardano/
28. A 4th Gen blockchain. https://twitter.com/MidnightNtwrk/status/1720467276510761080
29. Charles on babel fees in Midnight. https://twitter.com/IOHK_Charles/status/1721613225320448477
30. Very interesting if true. https://twitter.com/JaromirTesar/status/1720365544828801118
31. My favorite new version of the Owl. https://twitter.com/AutismCapital/status/1722698098311680195
32. IOG is now the steward of NAMI. https://twitter.com/berry_ales/status/1719716647714382104
33. This sounds interesting! Paying with Cardano funds at Visa terminals with a ring? https://twitter.com/Tangem/status/1719724317045383353
34. Some wild reported accusations against some ETH founders? https://bitcoinist.com/ethereum-insider-founders-fraud/
35. Here's the attorney's attorney commenting. https://twitter.com/mascotto89/status/171809476217402184
36. Now Patrick Byrne is jumping into the ring on the ETH accusations. Wild. https://twitter.com/PatrickByrne/status/172114558285979652
37. Accusations around Chinese control of ETH. https://bitcoinist.com/ethereum-investigator-claim-chinese-entity-command/
38. The Dragon up to her favorite tricks: hating crypto and being wrong. https://twitter.com/SamLyman33/status/1719364757596057813
39. Sam put it well here: the Jade Dragon has fallen. https://twitter.com/samuelloh87/status/1722399455713112410
40. Reports of reality cutting against the Dragon's claims. https://twitter.com/nic__carter/status/1719137811541205042
41. Crypto with receipts of the Dragon's folly. https://twitter.com/IOHK_Charles/status/1717535710838739139
42. Killing self-custody is a must win battle in their war plans. https://twitter.com/Coinicarus/status/1719411577013534774
43. Do you like sequels? Prepare for Mithril 2! https://twitter.com/IOHK_Charles/status/1719314519636254899
44. Great post on input endorsers! https://twitter.com/LucasMacchia2/status/1719471805742583886
45. Cardano can support a Caradano Layerverse where any arbitrary set of tradeoffs can be elected to manage the trilemma and we can all benefit. https://twitter.com/pyro_ae/status/1719465525376671970
46. The UK treasury has released its Consultation Outcome on its Future financial Services Regulatory Regime for Cryptoassets. https://www.gov.uk/government/consultations/future-financial-services-regulatory-regime-for-cryptoassets
47. Looks like Argentina is next up for cryptoization. https://twitter.com/AutismCapital/status/1726378028396400999
48. I’m going to go ahead and guess that Vivek just made A LOT of crypto fans. https://twitter.com/nic__carter/status/1725197663526850776
49. A scalable Gen 3 blockchain based on UTxO...I don’t know who could possibly already be doing that. https://vitalik.eth.limo/general/2023/11/14/neoplasma.html
50. Very interesting recording/transcript of Vitalik from some time around 2015. Lots of discussion of Charles. The narrative pushed by some ETH maxis was a lie. https://altura-marketplace-1.s3.us-east-2.amazonaws.com/Steven+Vitalik+Transcribed+Document+FINAL.pdf
51. Charles on the Vitalik recording/transcript. https://twitter.com/IOHK_Charles/status/1725264121829249328
52. He’s not wrong about the government response to debt. https://twitter.com/TheBTCTherapist/status/1725980256383688730
53. MuesliSwap slippage refunds seem to be live. https://twitter.com/MuesliSwapTeam/status/1726245652139819295
54. More from Charles on Midnight. https://twitter.com/IOHK_Charles/status/1725303205586960893
55. It’s just words. But, as far as words go, this is a good sign for future cooperation between China and the West (not that China has a choice given their demographic collapse problem). https://twitter.com/markets/status/1725035267042717917
56. A hundred players per instance. That’s it! https://twitter.com/Pavia_io/status/1725162825729904889
57. As warned for a long time, the tradHerds (good acronym possibilities there) are already here. https://twitter.com/WatcherGuru/status/1722731099174920303
58. Here's a report of a filing on the ETH ETF. https://twitter.com/JSeyff/status/1722727779186119074
59. This keeps getting funnier as they all progress through the criminal law system. https://twitter.com/ApeDurden/status/1722938899671241025
60. 37 BTC lost to hackers. For the love of god, use a hardware wallet for your ADA! https://twitter.com/RMessitt/status/1723482561119207916
61. Worth thinking about as we go through the next cycle. https://twitter.com/NeckarValue/status/1723448925988835682
62. The possibility of slashing on partner chains?!? Hard pass on that. https://twitter.com/SoorajKSaju/status/1723358178237132914
63. WSJ just couldn't take the L and walk away on this. https://www.wsj.com/world/middle-east/hamas-needed-a-new-way-to-get-money-from-iran-it-turned-to-crypto-739619aa
64. Now we know why Kraken seemed to be getting off easy compared to Coinbase. https://twitter.com/Orlando_btc/status/1726750676309712970?t=5vcVQzZzS5dkFWoznWsG4A&s=19
65. Here's the Kraken response. https://twitter.com/DavidLRipley/status/1726754746265227386
66. CZ is pleading guilty and will step down from Binance. https://www.justice.gov/opa/pr/binance-and-ceo-plead-guilty-federal-charges-4b-resolution
67. Here’s the video of the Fed announcement on “Buhnance” & CZ. https://www.justice.gov/opa/video/binance-and-ceo-plead-guilty-federal-charges-4b-resolution
68. The Chief Compliance Officer also has to pay $1.5 million to resolve CFTC charges. https://www.cftc.gov/PressRoom/PressReleases/8826-23
69. It does seem like the SEC is trying to get any win in any jurisdiction it can. https://twitter.com/MikeSeligEsq/status/1726740276755022044?t=O7R5YVSDC6O2zfmtSb1LHg&s=19
70. Censorship of the Bitcoin blockchain (at least by some mining pools) is a thing in 2023. It'll be interesting to see if Midnight fixes this. https://twitter.com/AriDavidPaul/status/1727174274212036824
71. Pretty much the story of crypto. https://twitter.com/cardano_whale/status/1731204506992705720
72. The SEC keeps getting in deeper. https://twitter.com/WatcherGuru/status/1730728561684693246
73. Very interesting news you say!?! https://twitter.com/LucasMacchia2/status/1729690317685756236
74. Wow...treasury wants to make nodes and wallets KYC. Pretty horrific for permissionless crypto. https://twitter.com/CampbellJAustin/status/1729693478232215923
75. Intersect wants to know if you approve of CIP 1694. Apparently, no hardware wallets though? https://twitter.com/IntersectMBO/status/1730709530713956475
76. This could get very ugly for CRE. How far would/could the contagion spread. How deep into crypto? https://twitter.com/JackFarley96/status/1730392921629737058
77. Adding insult to injury! https://twitter.com/WatcherGuru/status/1729246062031044644
78. As predicted, current admin was gonna go hard until we got too close to the election. We'll see if that holds. https://twitter.com/TheBlock__/status/1729092983171997996
79. Hard to dispute. Any Howey attack on Cardano but not ETH is hard to justify given the Japanese KYC'd voucher sale vs. ETH straight up ICO. Any attack on Cardano but not BTC based on decentralization makes no sense given the 2-3 pools with a majority of BTC hash vs the Cardano MAV of 35. https://twitter.com/AltcoinDailyio/status/1729248013774905544?t=hSt8O1RrtiQfei3D1PpPUA
80. Cardano on TV in Argentina. https://twitter.com/LucasMacchia2/status/1729609414133293117
81. Interesting move by McHenry on our behalf. https://twitter.com/BrendanPedersen/status/1729588403581100531
82. I like the sounds of this. Top ten global oil company!?! https://twitter.com/conraddit/status/1729546179304739213
83. So...I guess we just declare victory on the technical architecture front? https://twitter.com/StakeWithPride/status/1728120525271232909
84. Check out this recent Cornucopias video. Things are looking very pretty. https://twitter.com/RobGreig3/status/1728081726981693931

~Army of Spies

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