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		<img src="https://bitcoinworld.co.in/wp-content/uploads/charles-cz.png" alt="Cardano Founder Shares What To Expect After Binance CEO’s Exit" srcset="https://bitcoinworld.co.in/wp-content/uploads/charles-cz.png 800w, https://bitcoinworld.co.in/wp-content/uploads/charles-cz-450x300.png 450w, https://bitcoinworld.co.in/wp-content/uploads/charles-cz-750x500.png 750w, https://bitcoinworld.co.in/wp-content/uploads/charles-cz-768x512.png 768w" />							
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			The founder of Cardano has provided detailed insights into the impacts of the Binance CEO’s exit. He emphasized the shift in Binance’s management structure as it falls under the supervision of the US government. He also highlighted the possibilities of increased regulatory scrutiny in the growing crypto space. 
<h3>The End Of An Era, Says Cardano Founder</h3>
Charles Hoskinson posted a <a target="_blank" href="https://www.youtube.com/live/hCu0qFJLDWo?si=w8--vX6Z9U83QMh7">YouTube video</a> titled “The end of an era.” 
In the video, Hoskinson describes the resignation of Binance’s former CEO, Changpeng Zhao as the end of an era. He described Zhao from his early days when he grew Binance to becoming one of the world’s largest crypto exchanges. 
“The era of the Crypto industry I grew up in is over and Binance was the last hold out to that, and I’ve kind of watched one by one many people fall through,” Hoskinson stated. 
See Also: <a target="_blank" href="https://bitcoinworld.co.in/cardano-founder-hoskinson-speaks-out-on-ethereum-insider-revelations/">Cardano Founder Hoskinson Speaks Out On Ethereum Insider Revelations</a>
Hoskinson revealed that Zhao had not resigned because of fraud charges like FTX founder Sam Bankman-Fried. Instead, he was guilty of opening up markets which enabled American criminals to trade and make transactions through his exchange. 
“CZ wasn’t brought down like SBF where there was some sort of massive fraud and he was just stealing from his customers, he had no intention of running a business,” Hoskinson stated.
He added:
“At the end of the day, he opened up markets that allowed the enemies of America to basically trade and do things. Open permission-less protocols tend to invite that and the United States has a financial regime that basically has been weaponized.”
Hoskinson has predicted that Binance will keep operating; however, it would do so under the radar of the US government. He stated that all decisions made in the exchange would be “in consultation directly or indirectly with the US Treasury Department.” He also revealed that the exchange would have a long time out, as they restructure and change their management. 
See Also: <a target="_blank" href="https://bitcoinworld.co.in/cardano-founder-seeks-collaboration-with-kraken-to-develop-the-l2-network/">Cardano Founder Seeks Collaboration With Kraken To Develop The L2 Network</a>
“Binance will continue on and it’s gonna be under a leadership that will basically work with the US government as a partner moving forward,” Hoskinson stated. 
<h3>Hoskinson Predicts Higher Regulatory Scrutiny In Crypto Industry</h3>
In his YouTube video, Hoskinson stated that the present situation with Binance would most likely catalyze a high level of regulatory scrutiny in the crypto industry. He explained that the industry is presently changing and predicted the US government planning enforcement actions against liquidity providers and non-custodial wallets such as Metamask. 
“I suspect that the US government is going to start hitting more providers of liquidity, and also non-custodial wallets will likely get hit at some point, for a variety of reasons especially if they integrate Metadexes and these types of things and so perhaps Metamask and others are gonna get hit at some point,” Hoskinson said. 
Hoskinson has stated that Cardano foresaw the changes in the crypto ecosystem, which is why the blockchain had ensured it underwent its innovative processes with integrity. He revealed approaches, such as the Midnight protocol, through which Cardano will achieve a balance between preserving its decentralized freedom and facilitating regulatory compliance. 
“I think we predicted this with Cardano and we predicted this as an ecosystem and we understood the need for how to innovate with integrity and to comply with Integrity.”
He added:
“Midnight gives all those components for data confidentiality required for handling of PII in a regulated context and a lot of deep thought on how to build Dapps and DeFi in a way that can make people happy but still preserves the tenets of decentralization.”
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		Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers. 
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NFT News Today

Cardano Founder Shares What To Expect After Binance CEO’s Exit

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The founder of Cardano has provided detailed insights into the impacts of the Binance CEO’s exit. He emphasized the shift in Binance’s management structure as it falls under the supervision of the US government. He also highlighted the possibilities of increased regulatory scrutiny in the growing crypto space. 
<h2>The End Of An Era, Says Cardano Founder</h2>
Founder of Cardano, Charles Hoskinson posted a <a href="https://www.youtube.com/live/hCu0qFJLDWo?si=w8--vX6Z9U83QMh7" target="_blank">YouTube video</a> titled “The end of an era.” In the video, Hoskinson describes the <a target="_blank" href="https://bitcoinist.com/binance-ceo-to-step-down-4-billion-settlement/">resignation of Binance’s former CEO, Changpeng Zhao</a> as the end of an era. He described Zhao from his early days when he grew Binance to becoming one of the world’s largest crypto exchanges. 
“The era of the Crypto industry I grew up in is over and Binance was the last hold out to that, and I’ve kind of watched one by one many people fall through,” Hoskinson stated. 
<a target="_blank" href="https://bitcoinist.com/cardano-founder-ethereum-insider-revelations/">Hoskinson</a> revealed that Zhao had not resigned because of fraud charges like FTX founder <a target="_blank" href="https://bitcoinist.com/ftx-sam-bankman-fried-convicted/">Sam Bankman-Fried</a>. Instead, he was <a target="_blank" href="https://bitcoinist.com/binance-ceo-pleads-guilty-to-criminal-charges/">guilty</a> of opening up markets which enabled American criminals to trade and make transactions through his exchange. 
“CZ wasn’t brought down like SBF where there was some sort of massive fraud and he was just stealing from his customers, he had no intention of running a business,” Hoskinson stated.
He added:
“At the end of the day, he opened up markets that allowed the enemies of America to basically trade and do things. Open permission-less protocols tend to invite that and the United States has a financial regime that basically has been weaponized.”
Hoskinson has predicted that <a target="_blank" href="https://bitcoinist.com/binance-see-ftx-level-outflows/">Binance</a> will keep operating; however, it would do so under the radar of the <a target="_blank" href="https://bitcoinist.com/rundown-of-binance-charges/">US government.</a> He stated that all decisions made in the exchange would be “in consultation directly or indirectly with the US Treasury Department.” He also revealed that the exchange would have a long time out, as they restructure and change their management. 
“Binance will continue on and it’s gonna be under a leadership that will basically work with the US government as a partner moving forward,” Hoskinson stated. 
<h2>Hoskinson Predicts Higher Regulatory Scrutiny In Crypto Industry</h2>
In his YouTube video, Hoskinson stated that the present situation with <a target="_blank" href="https://bitcoinist.com/binance-fine-trigger-bitcoin-crypto-sell-off/">Binance</a> would most likely catalyze a high level of regulatory scrutiny in the crypto industry. He explained that the industry is presently changing and predicted the <a target="_blank" href="https://bitcoinist.com/endgame-for-binance-us-doj-seeks-4-billion/">US government planning enforcement actions</a> against liquidity providers and non-custodial wallets such as Metamask. 
“I suspect that the US government is going to start hitting more providers of liquidity, and also non-custodial wallets will likely get hit at some point, for a variety of reasons especially if they integrate Metadexes and these types of things and so perhaps Metamask and others are gonna get hit at some point,” Hoskinson said. 
<a target="_blank" href="https://bitcoinist.com/cardano-founder-tens-of-millions-users/">Hoskinson</a> has stated that <a target="_blank" href="https://bitcoinist.com/cardano-founder-crypto-trust/">Cardano</a> foresaw the changes in the crypto ecosystem, which is why the blockchain had ensured it underwent its innovative processes with integrity. He revealed approaches, such as the <a target="_blank" href="https://bitcoinist.com/cardano-sidechain-midnight-launch-soon-devnet/">Midnight protocol, </a>through which Cardano will achieve a balance between preserving its decentralized freedom and facilitating regulatory compliance. 
“I think we predicted this with Cardano and we predicted this as an ecosystem and we understood the need for how to innovate with integrity and to comply with Integrity.”
He added:
“Midnight gives all those components for data confidentiality required for handling of PII in a regulated context and a lot of deep thought on how to build Dapps and DeFi in a way that can make people happy but still preserves the tenets of decentralization.”
<pre>BNB price stalls at $235 | Source: <a href="https://tradingview.com/" target="_blank">BNBUSD on Tradingview.com</a></pre>
Featured image from Flickr, chart from Tradingview.com
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Ethers News

Cardano Founder Shares What To Expect After Binance CEO’s Exit - Ethers News -Daily Crypto currency Feed

<div>
								The founder of Cardano has provided detailed insights into the impacts of the Binance CEO’s exit. He emphasized the shift in Binance’s management structure as it falls under the supervision of the US government. He also highlighted the possibilities of increased regulatory scrutiny in the growing crypto space. 
<h2>The End Of An Era, Says Cardano Founder</h2>
Founder of Cardano, Charles Hoskinson posted a <a href="https://www.youtube.com/live/hCu0qFJLDWo?si=w8--vX6Z9U83QMh7" target="_blank">YouTube video</a> titled “The end of an era.” In the video, Hoskinson describes the <a target="_blank" href="https://bitcoinist.com/binance-ceo-to-step-down-4-billion-settlement/">resignation of Binance’s former CEO, Changpeng Zhao</a> as the end of an era. He described Zhao from his early days when he grew Binance to becoming one of the world’s largest crypto exchanges. 
“The era of the Crypto industry I grew up in is over and Binance was the last hold out to that, and I’ve kind of watched one by one many people fall through,” Hoskinson stated. 
<a target="_blank" href="https://bitcoinist.com/cardano-founder-ethereum-insider-revelations/">Hoskinson</a> revealed that Zhao had not resigned because of fraud charges like FTX founder <a target="_blank" href="https://bitcoinist.com/ftx-sam-bankman-fried-convicted/">Sam Bankman-Fried</a>. Instead, he was <a target="_blank" href="https://bitcoinist.com/binance-ceo-pleads-guilty-to-criminal-charges/">guilty</a> of opening up markets which enabled American criminals to trade and make transactions through his exchange. 
“CZ wasn’t brought down like SBF where there was some sort of massive fraud and he was just stealing from his customers, he had no intention of running a business,” Hoskinson stated.
He added:
“At the end of the day, he opened up markets that allowed the enemies of America to basically trade and do things. Open permission-less protocols tend to invite that and the United States has a financial regime that basically has been weaponized.”
Hoskinson has predicted that <a target="_blank" href="https://bitcoinist.com/binance-see-ftx-level-outflows/">Binance</a> will keep operating; however, it would do so under the radar of the <a target="_blank" href="https://bitcoinist.com/rundown-of-binance-charges/">US government.</a> He stated that all decisions made in the exchange would be “in consultation directly or indirectly with the US Treasury Department.” He also revealed that the exchange would have a long time out, as they restructure and change their management. 
“Binance will continue on and it’s gonna be under a leadership that will basically work with the US government as a partner moving forward,” Hoskinson stated. 
<h2>Hoskinson Predicts Higher Regulatory Scrutiny In Crypto Industry</h2>
In his YouTube video, Hoskinson stated that the present situation with <a target="_blank" href="https://bitcoinist.com/binance-fine-trigger-bitcoin-crypto-sell-off/">Binance</a> would most likely catalyze a high level of regulatory scrutiny in the crypto industry. He explained that the industry is presently changing and predicted the <a target="_blank" href="https://bitcoinist.com/endgame-for-binance-us-doj-seeks-4-billion/">US government planning enforcement actions</a> against liquidity providers and non-custodial wallets such as Metamask. 
“I suspect that the US government is going to start hitting more providers of liquidity, and also non-custodial wallets will likely get hit at some point, for a variety of reasons especially if they integrate Metadexes and these types of things and so perhaps Metamask and others are gonna get hit at some point,” Hoskinson said. 
<a target="_blank" href="https://bitcoinist.com/cardano-founder-tens-of-millions-users/">Hoskinson</a> has stated that <a target="_blank" href="https://bitcoinist.com/cardano-founder-crypto-trust/">Cardano</a> foresaw the changes in the crypto ecosystem, which is why the blockchain had ensured it underwent its innovative processes with integrity. He revealed approaches, such as the <a target="_blank" href="https://bitcoinist.com/cardano-sidechain-midnight-launch-soon-devnet/">Midnight protocol, </a>through which Cardano will achieve a balance between preserving its decentralized freedom and facilitating regulatory compliance. 
“I think we predicted this with Cardano and we predicted this as an ecosystem and we understood the need for how to innovate with integrity and to comply with Integrity.”
He added:
“Midnight gives all those components for data confidentiality required for handling of PII in a regulated context and a lot of deep thought on how to build Dapps and DeFi in a way that can make people happy but still preserves the tenets of decentralization.”
<img src="https://www.tradingview.com/x/NRYq8JiW/" alt="BNB price chart from Tradingview.com (Cardano founder Binance CEO)" />
<pre>BNB price stalls at $235 | Source: <a href="http://tradingview.com/" target="_blank">BNBUSD on Tradingview.com</a></pre>
Featured image from Flickr, chart from Tradingview.com
															</div>

Bitcoinist

Cardano Founder Shares What To Expect After Binance CEO’s Exit | Bitcoinist.com

You are here: <a target="_blank" href="https://www.tronweekly.com/">Home</a> / <a target="_blank" href="https://www.tronweekly.com/category/news/">News</a> / <a target="_blank" href="https://www.tronweekly.com/category/news/blockchain/">Blockchain</a> / Cardano’s Ecosystem Flourishing With dApps &amp; Upgrades<article><div>
A prominent ADA whale recently <a href="https://twitter.com/cardano_whale/status/1654766801673392133" target="_blank">tweeted</a> about the vibrant ecosystem of Cardano, acknowledging that some news goes unreported. In response, the latest update on Cardano, titled “#LatestOnCardano,” highlights both minor and major developments in the network, including L1+L2 upgrades, stats, dApps, SPO, NFT, governance, community, and more.
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<blockquote><div>1/Cardano has a vibrant ecosystem but some news goes unreportedIn <a href="https://twitter.com/hashtag/LatestOnCardano?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank">#LatestOnCardano</a> I highlight news, minor and major. L1+L2 upgrades, stats, dapps, SPO, NFT, governance, community and moreAll things Cardano. Irregular but hopefully frequent. Here’s #18 in the series. Pls DYOR</div>— ADA whale (@cardano_whale) <a href="https://twitter.com/cardano_whale/status/1654766801673392133?ref_src=twsrc%5Etfw" target="_blank">May 6, 2023</a></blockquote>
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One significant development in Cardano is the mainnet compatibility of the state channel protocol Hydra, which is a crucial component of Cardano’s scalability plans. This achievement is expected to facilitate payments and auctions, similar to BTC Lightning.
<h2>Cardano dApps Enhance User Experience</h2>
Several dApps are making significant strides on the network. Wingriderscom added a light mode and pro view for easier transactions, while SundaeSwap’s v2 layout places the portfolio front and center, making buying and selling more intuitive. 
MuesliSwapTeam is the first exchange to move away from using only ADA as the base for all trading, which is a natural step towards diversifying the Cardano economy.
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<blockquote>🎉 Exciting news from <a href="https://twitter.com/hashtag/Muesliswap?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank">#Muesliswap</a>! 🚀 Introducing a game-changing feature: you can now select alternative bases like iUSD or DJED on the markets page, in addition to ADA! 💱 Dive into a more diverse and customizable trading experience. 🌐 <a href="https://twitter.com/hashtag/DeFi?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank">#DeFi</a> <a href="https://twitter.com/hashtag/Cardano?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank">#Cardano</a> <a href="https://t.co/qXnRLMZTqw" target="_blank">pic.twitter.com/qXnRLMZTqw</a>— MuesliSwap 🥛 | Hybrid DEX on Cardano (@MuesliSwapTeam) <a href="https://twitter.com/MuesliSwapTeam/status/1653371396519542784?ref_src=twsrc%5Etfw" target="_blank">May 2, 2023</a></blockquote>
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Helios_lang’s developers have released some updates, which have garnered praise from many ADA enthusiasts. The platform’s dev experience coming of age is considered one of the most exciting themes of 2023. Several projects are coming to the network, with big announcements expected from DEMUPro. 
Similarly, <a href="https://twitter.com/AadaFinance/status/1653715010487451648" target="_blank">AadaFinance</a> is a fast-growing lending protocol that is soon bringing pooled lending to the network. Pool Manager NFTs have profound implications for the traditional finance industry, and the network is establishing itself as an incubator for media projects focusing on books, music, video, and more.
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Moreover, NucastIO has released its Android app, allowing the decentralization and tokenization of video ownership. Book_io is building a digital library, while ExtractDEX has partnered with official mocossi to improve liquidity for Cardano NFTs. 
GoKeyFinance is a project with big ambitions, building a decentralized P2P real estate finance dApp with a DAO allowing the community to invest in real estate.
WhiskeesNFTs is a hand-drawn NFT collection that allows NFT owners to have crowdfunded partial ownership in rare aging whiskey casks, yielding 15-20% a year. IagonOfficial has published its multi-sender dApp on Cardano mainnet, while PXLZ NFT is teaming up with PaimaStudios to build the PXL Wars game.
CogitoProtocol introduced the testnet demo of its first “tracercoin” called Green Coin, which is tied to non-currency indexes. GeniusyieldO staking dapp is adding some other tokens to its platform, while VyFiOfficial is launching on May 15th. Liqwidfinance is having a vote on shifting to a dynamic rewards scheme, while JPGStoreNFT is teasing its forthcoming token.
TapTools now supports NFTs, and MetaDEXfi has teased what looks like a snapshot of its dapp. Finally, Indigo_protocol yields remain juicy as ever, making it the second-largest Cardano DeFi app. 
Meanwhile, Eikonikos_HQ is building an open metaverse, including social and economic components, metaverse malls, avatars, and much more.
Related Reading | <a target="_blank" href="https://www.tronweekly.com/floki-inu-2000-surge-in-trading-volume/">Floki Inu Takes Off: 2000% Surge in Trading Volume Fueled By Multiple Catalysts</a>
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