US EditionHow Cardano Is Playing the Long Game in a Short-Term Crypto World - The Tribune
- Charles Hoskinson unveiled Cardinal, the first decentralized finance protocol enabling Bitcoin use on Cardano, during Bitcoin 2025.
- This development followed efforts to create a trust-minimized, non-custodial cross-chain system that uses MuSig2 technology and wrapped Bitcoin UTXOs.
- Cardinal allows Bitcoin holders to lend, stake, and trade Bitcoin-linked assets on Cardano without third-party bridges or custodians, integrating with major DeFi platforms.
- Within 24 hours of Cardinal's adoption, ADA's price rose nearly 4%, and trading volume exceeded $700 million, indicating significant market impact.
- Cardinal's trust-minimized design may increase blockchain interoperability, reduce security risks from custodial bridges, and foster broader DeFi engagement.
20 Articles
20 Articles
The Crypto Basic
Bitcoin Ethereum NewsCardano Founder Proposes Deploying $100M of ADA Treasury to Boost DeFi, Earn Yield, and Reinvest in ADA
Cardano founder Charles Hoskinson proposes a proactive strategy to create a self-sustaining funding loop using a portion of the ecosystem’s treasury funds.
Bitcoinist
Fund CIO Warns Cardano’s Block Size Limit Is A Red Flag
Justin Bons, founder and chief investment officer of Cyber Capital, has reopened an old wound in Cardano’s scaling narrative, telling his followers on X that the network’s “arbitrary” block-size ceiling and real-world throughput of roughly 18 transactions per second (TPS) leave “no guarantee of future scale” for builders—or for institutional allocators. Cardano Faces Backlash Over 18 TPS Limit “I want to like ADA; I really do,” Bons wrote June 1…
Charles Hoskinson, CEO of that network, presented the Cardinal protocol, which promises to integrate both ecosystems. Read more
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