Cardano Spends $71M to Boost Its Future—Will It Finally Impress the Skeptics?

According to AdaStat’s latest gossip — I mean data — the proposal sailed through with 74% support. That’s 200 voices shouting “Yes!” amidst only six uttering “No,” and seven modest abstainers. Quite the democratic fete, don’t you think? The funds, much like the czar’s treasury, will emanate from the decentralized depths of the on-chain coffers, pioneering a new era where even the noblest protocols get direct cash infusion. Is this the dawn of genuine governance or just finance masquerading as progress? Well, that’s a chat for another coffee. ☕

Whale Exodus: Ethena’s Meteoric Rise Faces Epic Token Unlock

Per crypto.news, Ethena (ENA) was trading at $0.61 at press time, a modest 11% gain over the past 24 hours. This latest leap extends its 30-day rally to a staggering 142%. Trading volume has swelled by 33%, propelling ENA to the top of the day’s performers and securing its place as the 41st most valuable cryptocurrency. 🌟

Toncoin’s Torrid Ordeal: Investors Gaze Into Crypto Abyss, Hope for $3.80 Salvation 😳

At this moment, as fate would have it, Toncoin (TON) trades at $3.56—having snuck down 1.3%—but remains 3.6% higher than last week, and marks a magnificent 30% ({almost Dostoyevsky’s age at his debut trial}) leap in the last moon’s orbit. Between $3.20 and $3.70, the coin—like a Petersburg intellectual pacing his garret—oscillates, muttering to itself about “true value.”

Cardano’s Community Votes to Fund Core Upgrades—A Historic Milestone! 🎩✨

The approval authorizes a treasury withdrawal of 96,817,080 ADA for the 2025 Input Output Engineering (IOE) Core Development Proposal. This is the first time Cardano’s community has explicitly sanctioned core engineering spend via governance, rather than relying on pre-agreed budgets or foundation allocations. A bold step, though one might question the wisdom of entrusting such a vast sum to a single company. 🧠

How Banks Are Selling Their Souls for Blockchain: The Great Financial Deception

On August 3, the revelation came—jointly from Ripple, CB Insights, and the UK Blockchain Center—uncovering that these titans of finance are boldly striding into the blockchain abyss. They craft an infrastructure for trading, staking, tokenizing—words that dull the mind but stir the soul. The chase for digital dominance is on, and the banks are all too eager to put their stakes in the digital ground. 🤡

George Osborne’s Whimsical Warning: UK’s Crypto Caution May Cost a Fortune

With a twinkle in his eye (and perhaps a touch of sarcasm), he compares the current digital shift to the roaring 80s—when Margaret Thatcher made capitalism sparkle and the city’s sky lit up with opportunity. Now, he warns, if we don’t get our act together, we might find ourselves waving from the sidelines while the US, the EU, and Asia get their crypto game on. 🕺🌏

Is 1inch About to Bounce Back? The Crypto Drama Unfolds

Between July 13 and August 2, 1inch decided to play a game of “How Far Can We Drop?”—a whopping 40.7% retracement, dragging itself from a towering $0.391 to a sad $0.232. That’s like going from a decent-sized steak to a menu-side salad in a blink.