Cardano Unleashed: New Lace Wallet Feature, Fee Overhauls, and Catalyst’s Innovation Drive

Lace Wallet Evolution

Sometimes, a product or service makes a change/addition that makes you wonder: “How the hell was this not a thing before?”

Enter Lace Wallet’s latest feature: multi-pool delegation. And it’s exactly how it sounds: you can now delegate your stake to multiple pools instead of having to create separate wallets.

Starting out, $ADA hodlers using Lace can diversify to across five unique pools.By allowing ADA holders to diversify their stakes across up to five unique pools. 🌐

Fee Reduction Frenzy

Cardano’s not just about tech; it’s about its community and governance. Changes to two critical network parameters: the k parameter and the minPool cost were voted on by ADA hodlers.

The community weighed in by staking an eye-watering 10.85 billion ADA (around $4.1 billion!). The outcome? A decision to slash the minimum pool costs in half, ensuring a more inclusive ecosystem. 📢

Project Catalyst Fund 10

Project Catalyst‘s Fund 10 is here, and it’s bigger than ever.

With a staggering $50 million in ADA on the line, it’s been a beacon for the industry’s brightest minds. A record 1,467 projects submitted their proposals, marking a 22% jump from the previous round.

The standout category? Products and Integration, with groundbreaking proposals from Real Estate Oracles to Web3 Games. As the community casts their votes, the anticipation builds.

The selected proposals will be announced on September 21, 2023. 🚀

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Technically Speaking – November 17, 2023

This Technically Speaking article is long as we review some of the various charts we’ve looked at over the past four to six weeks. 

Included in today’s Technically Speaking are: Chainlink, Uniswap, Monero, and Ethereum.

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Technically Speaking – November 29, 2023

Congestion and consolidation all around – that’s the name of the game. 🎰

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Regulators’ Crypto Crackdown Continues

We don’t typically touch on crypto news, but several events from today were worth noting. 📰

The first significant development is that Binance’s Changpeng Zhao is reportedly sacrificing himself to save the company. The Wall Street Journal indicated that the founder and CEO plans to step down and plead guilty to violating criminal U.S. anti-money-laundering laws. Binance will also plead guilty to a criminal charge and pay $4.3b in fines to settle civil allegations.

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The SEC, Jump Crypto, and Terraform Labs

A U.S. court has given the green light for Jump Crypto to whisper sweet nothings (read: confidential info) to the court, away from our prying eyes. 👀

Let’s rewind a bit. Terraform Labs and its ex-CEO, Do Kwon, are in hot water with the SEC. The charge sheet? Allegedly peddling unregistered securities and dabbling in fraud, raking in billions in the process. Their lol-stablecoin, TerraUSD ($UST) crashed and burned in May 2022, now worth a measly $0.01. 

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