Kadena’s team stated, “We regret that we cannot continue to promote and support adoption due to market conditions.” KDA tokens will remain in circulation, and over 566 million tokens will be distributed through mining rewards until 2139. This development has heightened long-term investor caution regarding the network’s growth and trust.

Cardano Founder Hoskinson Signals Support

Cardano founder Charles Hoskinson reached out to the Kadena community on X (formerly Twitter), signaling potential support or partnership discussions. He included the statement, “Does anyone from the Kadena ecosystem want to reach out?” This message came just hours after Kadena’s public announcement about halting operations, sparking speculation about a possible Cardano-Kadena collaboration.

Hoskinson has previously shown openness to cross-ecosystem partnerships. In August, he discussed a potential partnership with XRP and confirmed that Lace Wallet would soon support XRP transactions. These experiences strengthen the possibility of Cardano offering support to Kadena.

Kadena Network Remains Functional

Kadena emphasized that its network will continue to operate under the decentralized PoW model. A final software update was released to ensure the blockchain remains functional without company intervention. Independent miners and community developers will maintain the network.

• KDA tokens will stay in circulation.

• 566 million tokens will be distributed through mining rewards by 2139.

• The network will function independently under the PoW system.

These developments are critical for the Kadena community and investors. Potential support from Cardano could provide a lifeline for KDA tokens and the Kadena ecosystem.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Can Cardano Save Kadena? Hoskinson Signals Support appeared first on Coin Engineer.

Users can earn interest by supplying assets to liquidity pools or take instant loans by providing collateral without fixed repayment schedules. 

Team and Founders

Liqwid Finance is an open-source, noncustodial, algorithmic interest rate protocol designed for lenders, borrowers, and developers. 

• Dewayne Cameron – CEO: Strategic direction and vision management 
• Florian Volery: Protocol functionality and user experience 
• Joshua Akpan: Protocol development and ecosystem alignment 
• Tashoma Vilini: Protocol growth and DeFi-focused solutions 
• Expertise: Haskell and TypeScript for reliable, smooth protocol development 

Investors and Key Partners 

• IOG (Input Output Global): Technical advisory and Plutus integration 
• Minswap & SundaeSwap: DEX integrations for smooth asset flow 
• WingRiders & Genius Yield: Cross-liquidity bridges within Cardano DeFi 
• CASL (Cardano Staking ETP): Listed on SIX Swiss Exchange to increase accessibility 

Project Concept 

• Transform traditional finance lending models into decentralized, secure structures 
• Provide peer-to-peer lending on Cardano without intermediaries 
• Increase capital efficiency with pooled liquidity models 
• Allow users to borrow or withdraw funds anytime 

How It Works 

1. Asset Supply: Deposit ADA and tokens in pools to earn interest 
2. Borrowing: Take instant loans using collateral without selling assets 
3. Yield & Liquidity: Earn interest while maintaining liquidity access 
4. qTokens: Interest-bearing representative tokens (qADA, qUSDC, etc.) 
5. Liqwid v2: 10x faster transactions and on-chain risk management 

Governance (Liqwid DAO) 

• LQ token holders vote on proposals or delegate voting rights 
• DAO manages parameter changes, new markets, and treasury usage 
• 1 LQ = 1 vote 
• Staked LQ earns voting rights and a share of protocol revenue 

Roadmap 

1. 2023 – v1 Launch: Mainnet deployment of Liqwid Protocol 
2. 2024 – v2 Update: 10x faster transactions, risk management tools, API upgrades 
3. 2025 – v3 (Planned): Cross-chain asset bridges, stablecoin integration, advanced oracle system, mobile app 

Token Use Cases 

• Governance voting and proposal submission 
• Share in protocol revenue 
• Staking rewards 
• Incentives for liquidity providers 

Liqwid Token Details 

• Token Name: Liqwid DAO Token 
• Symbol: LQ 
• Total Supply: 21M LQ 
• Max Supply: 21M LQ 
• Circulating Supply: 20.14M LQ 
• Blockchain: Cardano 

Token Distribution 

• Core Team, Founders & Advisors: 18.9% 
• Seed Round Investors: 6.1% (linear vesting over 24 months, Feb 2023–Feb 2025) 
• DAO Treasury & Community Incentives: 75% (community/protocol allocation, no vesting) 

Ecosystem & Features 

• Pooled Liquidity Model: High capital efficiency and flexible lending markets 
• Risk Management: On-chain borrowing and supply limits 
• qToken Mechanism: Assets continuously earn interest 
• Automated Oracle System: Off-chain verified price updates 
• Performance-Focused Architecture: Optimized API and transaction infrastructure in v2 

Official Links 

• Website
• Twitter
• Discord

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Liqwid Finance (LQ): Cardano DeFi Lending & Borrowing Protocol appeared first on Coin Engineer.

This move signals that the 19b-4 forms, once a cornerstone of the ETF approval process, will now be replaced by a new framework. From now on, the approval process will proceed solely through S-1 registration filings.

Why Were 19b-4 Filings Important?

Closely followed by crypto investors, 19b-4 filings involved an exchange requesting permission from the SEC to list a new product — for example, an ETF. Each new ETF required a separate filing, and the process typically led to:

• Reviews lasting for months,
• Delays,
• Multiple rounds of feedback and resubmissions.

The SEC’s approval of general listing standards fundamentally changes this process. Exchanges can now list tokens that meet specific criteria under the same standard. This not only reduces bureaucracy but also makes ETF launches faster and more transparent.

What Changed for XRP and Altcoin ETFs?

XRP has long been seen as one of the strongest candidates for crypto ETF approval. With this new development, the process hasn’t been eliminated — only restructured. Now, XRP ETF approvals will rely on S-1 filings. These filings consist of detailed documents that provide investors with information about the ETF’s structure, risks, and specifications.

The same applies to Solana (SOL), Cardano (ADA), Litecoin (LTC), and Dogecoin (DOGE). Instead of separate applications, they will now be reviewed under a unified standard. This could allow the ETF process to move forward more quickly in the future.

Market Impact and Regulatory Perspective

Although this decision initially caused confusion among investors, experts view it not as a step backward but as a sign of maturation. The SEC’s new framework:

• Reduces bureaucratic burden,
• Addresses the need for regulatory alignment across institutions,
• Aims to provide a stable, long-term environment for crypto products.

Notably, the SEC is preparing to collaborate with the Commodity Futures Trading Commission (CFTC) on crypto regulation. An upcoming joint roundtable could mark the beginning of a more coordinated regulatory era for digital assets.

Expectations for the Future

Analysts believe this shift will make the process more flexible rather than cause delays. Previously, 19b-4 filings had strict deadlines, but now the SEC can review applications at any time. This could accelerate approvals while also leading to more unexpected announcement timings.

 In the comment section, you can freely share your comments and  opinions about the topic. Additionally, don’t forget to follow us on Telegram, YouTube, and Twitter for the latest news and updates.

The post SEC Withdraws ETF Applications for These Altcoins! appeared first on Coin Engineer.

Comparing Bitcoin, Ether, and Other Market Segments

According to Grayscale’s latest report, Q3 delivered positive returns across major crypto sectors, including Bitcoin, Ether, AI-focused projects, and smart contract ecosystems. Yet, in terms of performance, Bitcoin trailed its peers.
Smart contract platforms particularly benefited from the passage of a stablecoin bill in the United States in July, while AI-related projects, Bitcoin, and other digital currencies did not gain the same level of momentum.

A Distinct Type of Alt Season

The report suggested that Bitcoin’s underperformance, combined with the strength shown by other sectors, makes Q3 resemble an “altcoin season.” However, it emphasized that this version of alt season was different from previous ones, where Bitcoin’s dominance typically dropped in a more traditional pattern.

Expanding Treasuries and Stablecoin Adoption

Another key takeaway from the report was the diversification of crypto treasuries. More organizations are adding a variety of tokens to their balance sheets. In the U.S., stablecoin adoption has been accelerating, while trading volumes on centralized exchanges have also climbed.
Grayscale noted that pending legislation in Congress on digital asset market structures could further influence market behavior as the year progresses into Q4.

Bitcoin’s Strong Rally but Relative Weakness

Despite a major rally that saw Bitcoin surpass $120,000 in August, its growth lagged when compared to other digital assets.
Research indicated that both Bitcoin and altcoins trailed behind gold and equities in terms of setting new all-time highs. One contributing factor was the outflow of stablecoins from exchanges, which dampened liquidity.

Optimism Surrounding Crypto ETFs

As a leader in digital asset investment products, Grayscale continues to play a pivotal role in the exchange-traded funds (ETF) market. The firm highlighted that the U.S. Securities and Exchange Commission’s (SEC) recent approval of new listing standards for crypto ETFs could help drive market growth in Q4.
The regulator’s green light for a multi-asset ETF — offering exposure to BTC, ETH, XRP, Solana, and Cardano — has also boosted investor sentiment, adding to the positive outlook.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Bitcoin Diverges: Grayscale Points to a “Different” Altcoin Season in Q3 appeared first on Coin Engineer.

All Eyes on the SEC For Altcoin ETFs

For crypto investors, the launch of altcoin ETFs has long been one of the most anticipated developments. Despite the SEC’s historical hesitations and strict regulatory stance, industry experts suggest the agency may finally be prepared to give approval to certain well-established projects.

Seyffart’s List of Altcoin ETF Candidates

According to Seyffart, several altcoins appear to meet the SEC’s listing standards. These include Chainlink (LINK), Stellar (XLM), Bitcoin Cash (BCH), Avalanche (AVAX), Litecoin (LTC) and Polkadot (DOT). Each of these projects has proven technical foundations and sufficient trading activity to make the cut.

In addition, long-standing names such as XRP, Solana (SOL), Cardano (ADA), Dogecoin (DOGE) and Shiba Inu (SHIB) stand out thanks to their deep liquidity and well-developed derivatives markets, which strengthen their positions as strong contenders.

The Strongest Trio: XRP, Solana, and Cardano

Among all the potential candidates, Seyffart singled outXRP, Solana, and Cardano as the most likely to secure SEC approval first. Their market maturity, high liquidity, and strong investor interest put them ahead of the pack.

As he emphasized: “The probability of a spot ETF launch is highest for XRP, Solana, and Cardano.”

Ethereum ETFs and the Role of Staking

Seyffart also touched upon Ethereum-based ETFs. He argued that if staking is officially allowed within these products, demand could rise sharply, creating a significant shift in investor appetite for ETH ETFs.

Signs of an “Altcoin Season”

The Bloomberg analyst further noted that the crypto market is already in the midst of an “altcoin season.” However, he warned that this cycle is not identical to previous ones and stressed that altcoin ETFs are unlikely to generate the same level of market impact as Bitcoin ETFs did.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Bloomberg Analyst: The Three Strongest Altcoin Candidates for SEC Approval appeared first on Coin Engineer.

What is Snek?

SNEK positions itself as Cardano’s premier memecoin, leveraging internet culture to drive accessibility and innovation in Web3. Through the Snek Ecosystem Fund, it supports early-stage Cardano projects, fueling ecosystem expansion. Managed by the Snek Pit DAO, this fund allocates resources via community voting. Unlike typical memecoins, project creates a self-sustaining ecosystem by licensing its brand to partnered projects, which share revenue with the treasury. Aligning with Cardano’s scalable and sustainable infrastructure, project attracts developers seeking low-fee environments, aiming to establish lasting value in the Web3 landscape.

Key Differentiators

Project distinguishes itself from traditional memecoins through a revenue-sharing model tied to its brand (snake-themed visuals and catchphrases), with proceeds funding the Snek Ecosystem Fund for further investments. By leveraging Cardano’s low-cost and scalable infrastructure, it offers an appealing platform for developers. Its fair launch, zero team allocation, and transparent governance cement its community-centric ethos. Beyond digital assets, project integrates with decentralized exchange (DEX) liquidity pools, NFTs, DeFi protocols, and real-world products like Snek Energy, redefining the memecoin paradigm.

SNEK Energy: Branded Beverage

SNEK bridges the crypto and real worlds with Snek Energy, a Web3-branded energy drink launched in the U.S. This beverage boosts brand visibility through sponsorships at motorsport events and Cardano community gatherings, demonstrating how a memecoin can evolve into a globally recognized brand.

SNEK NFT Ecosystem

Project has ventured into the NFT space with the Snekkies collection, supported by the Snek Pit fund to drive creative development. Holders of Snekkies NFTs gain:

• Exclusive community access

• Eligibility for future SNEK airdrops

• NFT mining rewards and trading fee rebates

These NFTs strengthen community engagement while adding utility to the ecosystem.

Community and Partnerships

Project attracts new investors through social media giveaways, airdrops, and collaborations with Web3 projects. Real-world events like meetups, conferences, and hackathons enhance community interaction. Strategic partnerships with other Cardano projects foster mutual growth and user acquisition, expanding SNEK’s reach.

SNEK Tokenomics and Governance

SNEK’s tokenomics emphasize fair distribution, robust liquidity, and active community participation, with a total supply of 76,715,880,000 tokens. Its deflationary structure includes regular token burns to reduce supply. The token distribution is as follows:

• Presale (50%): Held on April 27-28, 2023, open to all via ADA contributions, ensuring fair access.

• Initial Liquidity (40%): Presale proceeds were secured in a multi-signature wallet to fund DEX liquidity pools.

• Airdrops (2%): Allocated for community incentives, meme marketing, and social campaigns.

• Utility Fund (5%): Supports farming incentives, micro-partnerships, and innovative features.

• Reserves (3%): Reserved for centralized exchange listings and future development.

The Snek Pit DAO governs treasury allocations through community votes. With no formal team, SNEK relies entirely on community contributors, enhancing decentralization but introducing governance risks.

Snek Investors

Project’s fair launch model allocated no tokens to venture capitalists or private investors. Funding was secured entirely through community participation and the presale, reinforcing its decentralized ethos.

Snek Team

SNEK lacks a formal team and is driven by community contributors under the leadership of Goofycrisp.

As a deflationary memecoin on Cardano, SNEK pioneers Web3 growth through NFTs, energy drinks, DeFi integrations, and a community-first approach. By blending entertainment with utility, it attracts new users to the Cardano ecosystem and redefines the potential of memecoins.

Official Links

• Website
• X (Twitter)

Also, you can freely share your thoughts and comments about the topic in the comment section. Additionally, please follow us on our Telegram, YouTube and Twitter channels for the latest news and updates.

The post What Is Snek (SNEK)? appeared first on Coin Engineer.

Earlier, memes circulated suggesting Hoskinson would retain most tokens. He quickly addressed the rumors on social media, sharing evidence of high participation. Within the first 24 hours, the airdrop received over 250 million NIGHT claims. Hoskinson highlighted this milestone to reassure the community and counter skepticism. 

https://twitter.com/memedonADA/status/1957804269354062152

Midnight Expands Institutional Strategy 

Despite speculation, Midnight is growing its ecosystem through strategic partnerships. The Midnight Foundation announced collaboration with Fireblocks, enabling institutional clients to safely claim and manage NIGHT tokens. Fireblocks confirmed supporting Glacier Drop aligns with its goal of secure blockchain participation. The company also expressed confidence in Midnight’s privacy-focused vision. 

Midnight launched NIGHT as a Cardano Native Asset, strengthening ties to the Cardano ecosystem. XRP holders will receive 5% of NIGHT’s total supply, equal to 1.2 billion tokens. ADA holders will receive 50% of the total supply. The remaining tokens will be distributed among users on other chains and Bitcoin holders. This ensures transparent and fair token allocation. 

Hoskinson’s denial of hoarding rumors reinforces trust within the community. Data confirms strong demand and a smooth rollout. Strategic partnerships and transparent distribution further support Midnight’s long-term growth and adoption. 

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Cardano (ADA) Founder Denies All Midnight Airdrop Claims! appeared first on Coin Engineer.

Top Cryptos by 24-Hour Trading Volume 

• USDT (Tether) – $0.9999 | 24h Volume: $96.86B 
• ETH (Ethereum) – $4,226.06 | 24h Volume: $43.59B 
• BTC (Bitcoin) – $113,793 | 24h Volume: $42.41B 
• USDC (USD Coin) – $0.9998 | 24h Volume: $18.23B 
• FDUSD (First Digital USD) – $0.9986 | 24h Volume: $7.37B 
• XRP – $2.90 | 24h Volume: $6.87B 
• SOL (Solana) – $182.03 | 24h Volume: $5.71B 
• DOGE (Dogecoin) – $0.2144 | 24h Volume: $3.17B 
• ADA (Cardano) – $0.8582 | 24h Volume: $2.99B 
• LINK (Chainlink) – $25.10 | 24h Volume: $2.30B 
• BSC-USD (Binance Bridged USDT) – $1.00 | 24h Volume: $1.99B 
• BNB – $832.08 | 24h Volume: $1.58B 
• SUI (Sui) – $3.50 | 24h Volume: $1.42B 
• TRX (TRON) – $0.3502 | 24h Volume: $1.16B 
• WETH (L2 Standard Bridged) – $4,227.04 | 24h Volume: $1.02B 
• Wrapped SOL (SOL) – $182.08 | 24h Volume: $1.01B 
• API3 – $1.51 | 24h Volume: $728.33M 
• WETH (Arbitrum Bridged) – $4,227.47 | 24h Volume: $607.91M 
• LTC (Litecoin) – $115.12 | 24h Volume: $605.79M 
• ENA (Ethena) – $0.6522 | 24h Volume: $587.80M 

Altcoin and Token Performance 

Altcoins and tokens offer diverse opportunities for investors. Notable performers include: 

• PROVE – $1.15 | 24h Volume: $542.99M 
• PEPE – $0.00001042 | 24h Volume: $541.34M 
• AVAX (Avalanche) – $22.98 | 24h Volume: $533.92M 
• MNT (Mantle) – $1.38 | 24h Volume: $499.20M 
• ARB (Arbitrum) – $0.4932 | 24h Volume: $470.11M 
• CBBTC (Coinbase Wrapped BTC) – $113,838 | 24h Volume: $464.02M 
• PENGU (Pudgy Penguins) – $0.03012 | 24h Volume: $460.96M 
• APT (Aptos) – $4.39 | 24h Volume: $454.00M 

High trading volumes allow investors to identify market trends and adjust their strategies effectively. Bitcoin and Ethereum remain dominant, but altcoins are also gaining momentum in portfolios. 

 You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Top 20 Crypto by 24-Hour Trading Volume Revealed appeared first on Coin Engineer.

His response? Transparency—delivered live.

Audit Report Incoming: Livestream Announcement Planned

Hoskinson announced he received the first draft of the audit report on Input Output Global’s ADA holdings. While he asked for more details in some sections, he said the report is “shaping up quickly.”

You Might Be Interested In: Sonic SVM Research: Can New Stablecoins Shake Up the Old Order?

If everything proceeds as scheduled, the public release is expected in mid-August. He plans to go over the entire document via livestream. A dedicated website will also host the full report and historical documents.

Firm Response to $600 Million Allegations

The audit process was initiated following allegations that IOG mismanaged $600 million worth of Cardano ADA. Hoskinson denied the claims, stating:

“IOG never gave itself 350 million ADA. That’s a lie,” he said, adding that unclaimed ADA was donated to Intersect, a community-driven organization, after a seven-year wait.

Hoskinson also rejected accusations that he manipulated the Cardano ledger using a “genesis key” during the 2021 Allegra hard fork.

Legal Action on the Table

Hoskinson confirmed he is considering legal options. He said he is meeting with a defamation law firm to discuss potential strategies.

“No matter how many times people lie, they cannot change reality,” he said, vowing to clarify the full picture through the audit and livestream.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Charles Hoskinson Prepares to Release ADA Audit Report in August appeared first on Coin Engineer.

Ethereum, Solana, Cardano Jump After Trump’s Israel-Iran Ceasefire Claim

Former U.S. President Donald Trump announced that he brokered a ceasefire between Israel and Iran, stating on Truth Social: “Iran will officially start the CEASEFIRE and, upon the 12th Hour, Israel will start the CEASEFIRE… an Official END to THE 12 DAY WAR will be saluted by the World.”

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

Following this post, major cryptocurrencies rallied. Ethereum (ETH) surged over 6% to above $2,406, Solana (SOL) rose above $144, and Cardano (ADA) climbed past $0.58 — each marking a roughly 7% daily gain.

Crypto Volumes Rebound, Altcoins Lead the Way

Trading volumes bounced back sharply after nearly $600 million in long liquidations over the weekend. XRP, Dogecoin, BNB, and SHIB all saw gains between 4% and 8%, showing a broad-based recovery in the altcoin sector.

Meanwhile, Bitcoin (BTC) remains steady around $105,000. Analysts see this consolidation as a sign of structural strength. “BTC’s ability to stay above $100K amid geopolitical turbulence is a clear indicator of resilience,” said Kay Lu, CEO of HashKey Eco Labs.

As ETF inflows resume, investors appear to treat Bitcoin as a maturing macro hedge, less sensitive to traditional market fears.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Trump’s Surprise Ceasefire Sparks Crypto Market Rally appeared first on Coin Engineer.