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Project Overview
Cardano is an open-source, decentralized, and public blockchain platform. Consensus is achieved using proof of stake. Development of the platform began in 2015, and it was launched in 2017 by Charles Hoskinson, a co-founder of Ethereum.
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JPG Store, Cardano’s largest NFT marketplace, announces shutdown and will cease operations on May 23.
According to the official announcement from JPG Store, the NFT marketplace JPG Store—and its associated platform Comet—which has served the Cardano ecosystem for over four years, will officially shut down on May 23, 2026, due to unsustainable operations. After the shutdown, NFTs held in users’ self-custodial wallets and within JPG Store’s smart contracts will remain fully owned by users and can still be accessed via other aggregation platforms or the Cardano CLI. The smart contracts will remain open-source, and the platform is also providing a GitHub link to enable community developers to continue building related tools.
Cardano Developers Reduce Community Funding Applications to $46.8 Million, Advancing Scaling and Bitcoin DeFi Strategy
According to CoinDesk, Input Output, the core development company behind Cardano, has submitted nine funding proposals totaling $46.8 million to the community treasury for fiscal year 2026—a sharp reduction of approximately 52% compared to last year’s $97.5 million—marking its first step toward gradually reducing reliance on community funds. The nine proposals center on two key initiatives: First, the Leios consensus upgrade, expected to boost Cardano’s transaction throughput by 10x to 65x and target over 1,000 transactions per second (TPS); testing is scheduled for June, with full deployment planned by year-end. Second, Pogun—a Bitcoin DeFi system enabling Bitcoin holders to borrow and earn yield via Cardano without entrusting assets to centralized custodians; its lending functionality is slated for public release in Q2. Voting is being conducted by roughly 1,000 democratically elected representatives (DReps), with ballots closing on May 24. The outcome will test whether the Cardano community now views Input Output as just another ordinary funding applicant. Meanwhile, Cardano’s newly launched stablecoin USDCx has achieved a circulating supply of 14.6 million tokens within weeks of launch, and the network’s total value locked (TVL) has risen from $137.5 million to $142.7 million.
Binance to Delist Leveraged Trading Pairs Including AAVE/ETH
According to the official announcement, Binance will delist the following leveraged trading pairs on April 24 at 14:00 (UTC). Cross-margin leveraged trading pairs: AAVE/ETH, STX/BTC, ICP/BTC, SEI/BTC, AAVE/BTC, UNI/BTC, LTC/ETH, NEAR/BTC, XLM/BTC, ADA/ETH. Isolated-margin leveraged trading pairs: STX/BTC, ICP/BTC, SEI/BTC, AAVE/BTC, UNI/BTC, LTC/ETH, NEAR/BTC, XLM/BTC, ADA/ETH.
Binance Margin to Remove Certain Trading Pairs Including AAVE/ETH
Odaily News According to an official announcement, Binance Margin will remove the following margin trading pairs at 14:00 (UTC+8) on April 24, 2026:Cross Margin Trading Pairs: AAVE/ETH, STX/BTC, ICP/BTC, SEI/BTC, AAVE/BTC, UNI/BTC, LTC/ETH, NEAR/BTC, XLM/BTC, ADA/ETHIsolated Margin Trading Pairs: STX/BTC, ICP/BTC, SEI/BTC, AAVE/BTC, UNI/BTC, LTC/ETH, NEAR/BTC, XLM/BTC, ADA/ETH
Cardano Founder: BIP-361 Is Actually a Hard Fork, May Freeze Early BTC
According to CoinDesk, Cardano founder Charles Hoskinson stated that Bitcoin’s quantum-resistant proposal BIP-361 has been incorrectly characterized as a soft fork—it is in fact closer to a hard fork—and fails to protect approximately 1.7 million BTC generated before 2013, including roughly 1 million BTC attributed to Satoshi Nakamoto. He explained that the zero-knowledge proof recovery mechanism outlined in the proposal relies on BIP-39 mnemonic phrases, whereas early wallets used different key-generation methods and thus cannot produce the required proofs—rendering the associated assets potentially permanently frozen under the current proposal. The report also notes that Jameson Lopp, co-author of BIP-361, described it as a rough conceptual sketch of an emergency contingency plan rather than a finalized specification.
HTX has launched the fourth edition of its Margin Trading Competition: Participate and share a prize pool of 30,000 USDT
According to the official announcement, HTX (formerly Huobi) has launched its fourth Leveraged Trading Competition from 18:00 on April 10 to 18:00 on April 20 (UTC+8), with a total prize pool of $30,000 USDT. During the event, new users who complete their first leveraged trade will receive a $50 USDT leveraged trading interest coupon—limited to the first 2,000 users on a first-come, first-served basis. Additionally, all participating users can share in a $20,000 USDT fee cashback reward based on their leveraged trading volume, with a maximum cashback of 20% of trading fees. Notably, leveraged trading volume for designated assets—BTC, ETH, TRX, FIL, AVAX, BSV, and ADA—will be counted at triple weight.