📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
Charles Hoskinson Made the Announcement He Has Been Waiting for a Long Time: He Signed a Principle for Bitcoin (BTC) and Cardano (ADA)!
Cardano (ADA) founder Charles Hoskinson, finally announced the innovation he has been talking about for a long time. According to this, Hoskinson announced the launch of Cardinal, the first Bitcoin DeFi protocol on the Cardano network.
Cardano launched the Cardinal Protocol for DeFi, enabling BTC lending, staking, and more without centralized custody and the need for third-party custodians. Bitcoin (BTC).
The Cardinal Protocol allows users to utilize their Bitcoins by lending, borrowing, or staking on the Cardano blockchain.
Cardinal is seen as the first solution that allows Bitcoin to access the Cardano ecosystem without the need for custody, marking a groundbreaking innovation for BTC and ADA.
Finally, it was stated that Cardinal uses a secure MuSig2 multi-signature system. This method enables peg-in and peg-out transactions, ensures that everything is open and verifiable, and is also compatible with the Ethereum (ETH), Solana (SOL), and Avalanche (AVAX)*** networks.
Cardano CTO Romain Pellerin stated that the Cardinal Protocol is a significant step and that some innovations are on the way. Accordingly, future upgrades may include wallet support, zero-knowledge proofs, and deeper liquidity.
*It is not investment advice.
Follow our Telegram group, Twitter account, and Youtube channel immediately for exclusive news, analyses, and on-chain data! Also, start tracking live prices right away by downloading our Android and IOS applications!