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Interesting links

SEC scraps SAB 121 rule

Another development just in which is positive for the wider sector, is the change to rules on custody for Banks in the U.S. with the move by the SEC to retire SAB 121 and replace it with SAB 122. The US SEC has issued Staff Accounting Bulletin No. 122 (SAB 122), rescinding specific accounting guidance…

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Interesting links

Cardano Assets on T1 exchanges

Some important news regarding listings for Cardano Native Assets (CNAs) on Tier 1 exchanges has just surfaced. Kraken will be listing Snek, the premier meme coin on Cardano. JUST IN: Kraken is set to list Cardano native asset $SNEK. pic.twitter.com/wlpRSvD6gq — TapTools (@TapTools) January 23, 2025 This is important because until this point there have…

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Cardano Updates

Plomin Hard Fork

Voting has hit the critical thresholds so that means we have lift off for the second phase of Chang, which is the Plomin Hard Fork. The transition will occur at the end of the next Epoch 536, which will be the 29th January 2025. With this upgrade, Cardano will become the first fully decentralized blockchain.…

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Cardano Updates

Chang Governance Vote

We have voted yes for the Chang#2 (Plomin) Hard Fork event which is the point at which the Cardano network fully transitions to the Voltaire era of decentralised governance. Details are below. Governance action 0b19476e40bbbb5e1e8ce153523762e2b6859e7ecacbaf06eae0ee6a447e79b9#0 Vote transaction details can be see for each pool at the following links. ADV https://adastat.net/transactions/0ce8f7741ad78cb6cccf06caaee6315002a0797e4952596bfe4fe4402392da01 ADV2 https://adastat.net/transactions/40911f5c956d3896e0c0dcf7d53d194d40dd5984e754b8f81c58cca721091f7c ADV3 https://adastat.net/transactions/e0cb71ec1ac596914068e4a5cb5b362a065c95ea46f1f1ed5d13aeaa734c621e ADV4…

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Cardano Community

Draft constitution approved

You may know that Cardano’s governing bodies and community dReps have been meeting in Buenos Aires and Nairobi to debate the draft constitution. Intersect, the Cardano Members based Organisation (MBO) have shared an update on proceedings: Welcome to this week’s development update, a Cardano Constitution Special! Intersect is delighted to report that the draft constitution…