The ADA, a decentralized and scalable NFT staking protocol within the Cardano ecosystem, has issued a reminder on X platform that TADA tokens cannot currently be traded on any platform. Please do not participate in any trading before the token is officially launched. Please follow official channels for accurate and up-to-date information.

On November 29th, Intersect, a member organization of the Cardano ecosystem, announced the establishment of a 2 million Australian dollar (approximately 1.329 million US dollars) fund to support projects that empower the community and promote active participation in Cardano's development. The team stated, "We plan to provide 100 grants to strengthen and expand community-led decision-making in Cardano. Applications for various grant categories are now open, with a focus on creating strong ways for the community to discuss projects for improving Cardano."

Cardano founder Charles Hoskinson invited recently dismissed OpenAI (ChatGPT) CEO Sam Altman to collaborate on building a decentralized large language model (LLM) on Cardano. Earlier today, the OpenAI board announced that its CEO Sam Altman has resigned and stepped down from the company's board, and the company's chief technology officer Mira Murati has been appointed as interim CEO.

Charles Hoskinson, the founder of Cardano (ADA), posted on social media X that he is willing to help Kraken cryptocurrency exchange build its L2 network. However, Conrad, the operator of Blade mining pool based on Cardano, pointed out that if Kraken chooses to develop on top of Cardano, it will enjoy the security and community of Cardano.

Cardano recently released a research paper on its expansion solution, Mithril. Mithril was launched on the Cardano mainnet in July, and the Mithril 2 research paper introduces "innovative cryptographic technology." Romain Pellerin, Chief Technology Officer of Input Output Global (IOG), summarized the key points covered in the Mithril 2 paper. Pellerin explained that the paper introduces a technology called "Approximate Lower Bound Arguments" (ALBA). The goal of ALBA is to allow individuals to prove ownership of large datasets without disclosing the entire record. According to Pellerin, this method is applicable for proving ownership of multiple digital signatures from different individuals without disclosing the details of each signature. 

Cardano's ecosystem-wrapped Bitcoin AnetaBTC announced that the third governance vote has begun. The vote will last for 72 hours and use cVOTE3 tokens to vote on Cardano. The token can be obtained on TosiDrop. The content of the vote is: cancel the BTC Fund to reduce the total supply of cNETA/NETA tokens by 30%; retain the BTC Fund and proceed as planned; dissolve the BTC Fund, but redistribute the tokens later.

On October 25th, Input Output Global (IOG), the development company for Cardano, announced the appointment of W. Sean Ford as CEO and David Markley as COO. Sean previously served as a founding member of the Algorand Inc team (as COO and CEO), as well as Chief Marketing Officer for Logmein (now GoTo) and held executive and founder positions in multiple companies. David previously led Algorand's operations, venture investments, and business solutions team and was previously a product manager for the cybersecurity technology company Carbon Black.

On October 25th, it was reported that Cardano founder Charles Hoskinson stated on the X platform that the Djed stablecoin project within the Cardano ecosystem will not be shut down and will be further supported. According to a report by Odaily in January of this year, the Cardano algorithmic stablecoin Djed was launched on the mainnet. Djed's price is anchored to the US dollar and is supported by profits from Cardano's native cryptocurrency ADA. It is reported that Djed was developed in collaboration with Coti and Input Output, the chief developer of Cardano.

According to the news that the Cardano ecological stablecoin project Djed is about to close, Cardano founder Charles Hoskinson stated on X platform that not only will the project not be closed, but the project team will also be further supported. According to a report by Odaily in January this year, Cardano's algorithmic stablecoin Djed went live on the mainnet, with Djed's price anchored to the US dollar and supported by the surplus of Cardano's native cryptocurrency ADA. It is reported that Djed was developed in collaboration with Coti and Input Output, the chief developer of Cardano.

According to crypto analyst Benjamin Cowen, altcoins are likely to continue losing value against Bitcoin. Cowen explains that this is a regular occurrence ahead of the Bitcoin halving, which is set to occur in April 2024. He notes that altcoins tend to break off their Bitcoin support levels during pre-halving years, leaving them with nowhere to hide and causing them to depreciate against Bitcoin. Cowen illustrates this trend with the example of Cardano versus Bitcoin, which has experienced significant drops over the past year.