Mark Cuban, a prominent billionaire and tech mogul, has criticized the SEC's approach to regulating the cryptocurrency industry, pointing out their alleged hypocrisy in treating traditional stock loans differently from cryptocurrency assets. He called for a similar approach to be taken with crypto and suggested a thorough evaluation to determine which aspects should be classified as securities and how to regulate the industry to protect investors.

Robinhood, a brokerage firm, has announced that it will delist Cardano, Polygon, and Solana after the US Securities and Exchange Commission (SEC) classified them as securities in its charges against two major crypto exchanges. The firm will end support for the three cryptocurrencies on June 27, but investors can still buy, sell, and hold ADA, MATIC, and SOL until the deadline.

IOG, the Cardano development company, has rejected claims from the US Securities and Exchange Commission (SEC) that ADA, the blockchain's native token, can be considered a security. IOG stated that SEC lawsuits filed earlier this week against crypto exchanges Binance and Coinbase, which included ADA in a list of crypto tokens that count as securities, contained "numerous factual inaccuracies."

Cardano's Alonzo Hard Fork has enabled the deployment of smart contracts on its mainnet, offering a secure and scalable alternative to Ethereum. The blockchain platform provides four programming languages for developing smart contracts, including Aiken, Marlowe, Opshin, and Plutus. Smart contracts can be used for various purposes, such as gaming, dApp development, and supply chain verification. Coindoo's guide article offers essential details for those interested in Cardano's self-executing contract platform.

The launch of Cardano's Mithril protocol is approaching as final testing stages are underway, according to a recent update from Richard McCracken during a Stake Pool Operator call. McCracken advised SPOs to upgrade to node version 8.0.0 on the mainnet, with a single relay in P2P and another in manual or topology updater mode. However, he recommended using version 8.1.1 only on the preview testnet for now.

Charles Hoskinson, the creator of Cardano (ADA), believes that the recent legal action taken by the U.S. Securities and Exchange Commission (SEC) against Binance is part of a larger effort to suppress the digital assets industry.

Project Catalyst, the decentralized innovation fund of Cardano, has announced Fund 10 with a massive allocation of 50 million ADA, worth over $16.35 million. The submission window for proposals will open on June 22 and close on July 13, with the voting process running from August 31 to September 14.

Jim Cramer, the host of CNBC's show 'Mad Money', mispronounced the names of Cardano (ADA) and Solana (SOL) while discussing the recent lawsuit filed by the SEC against Coinbase. This earned him ridicule from the founder of Cardano and his followers, who have taken to the new catchphrase "#Cardanzo" on Twitter.

Cardano's DeFi landscape is expanding as VyFinance DEX protocol integrates with MuesliSwap DEX Aggregator, offering limitless trading potential on the Cardano network. This move is part of Cardano's ongoing efforts to increase its presence in the DeFi sector. Additionally, Cardano has surpassed Bitcoin in total value locked (TVL), with a TVL of $183.19 million, reflecting a significant increase in active users and protocols on the network. These developments highlight the growing interest and trust in Cardano's DeFi ecosystem.

Cardano is exploring a new upgrade called CIP-1694, which aims to bring on-chain governance to the ecosystem and give power back to ADA holders. The proposal includes the formation of governing bodies, voting policies, and other governance details related to on-chain governance. The goal is to transition Cardano into a fully decentralized autonomous organization (DAO) and give every ADA holder a say in the future direction of the project. This marks a significant milestone for Cardano, which has been at the forefront of cutting-edge technology, but its native token ADA continues to struggle in the market.