Massive Cardano Update: What You Need to Know NOW!

In this video, we dive deep into the latest Cardano updates, including the Chang hard fork readiness and the scams threatening users' wallets. Stay informed and protect your assets by watching the full breakdown!

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Timestamps
00:00 Intro
00:31 Beware of the scams
01:13 Catalyst Rewards
02:02 Chang Readiness
02:58 Working Group Go No Go Call
03:28 Flint Not Upgrading and Sunsetting
04:27 Clarifying No Treasury Withdrawals in Chang #1
05:25 Potential Treasury Usage
06:05 Will we get more governance participation?
07:28 Become a DRep or Just Vote
08:08 Increasing On-Chain Activity and Trading Volume
10:18 Adding Bitcoin to the Cardano Treasury
11:58 Lock and burn the 1.5B ADA
13:16 VyFinance / TMinusOne Lock and Load
15:04 Strike Finance Presale on Axo
15:56 Frogs on Cardano Sale
18:14 Anzens USDA
18:47 Aquarium from FluidTokens
19:58 Joiz Messaging App
21:33 Cornucopias
22:42 New YouTube Channel
23:53 Question for you

Links and references
Project Catalyst Voting Rewards

Chang Readiness Update

Flint Sunsetting

DISCLAIMER:

The content presented in this video is for informational purposes only and should not be construed as financial, investment, or legal advice. I am not directly affiliated with the project discussed and have not been compensated, either directly or indirectly, by the project or its affiliates. This includes monetary compensation, token allocation, or any other form of remuneration.

I do not hold any stake in the project, including participation in private sales, presales, or future allocations. All opinions expressed in this video are solely my own and are based on publicly available information. Viewers are encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions.

Investing in blockchain projects involves significant risk, including the potential loss of your entire investment. Past performance is not indicative of future results. The information in this video is subject to change without notice and may not be current or accurate at the time of viewing.

By watching this video, you acknowledge and agree that I am not responsible for any investment decisions you make or actions you take based on the information provided.

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[LearnCardano]

Beware of scammers! Don't trust anyone!

[machtwoegrin]

Thanks Pete, great job, love your updates 👏

[aussiealts]

Awesome Pete, cheers and subed to the new channel.

[brianpackard]

Thanks Pete. Always unique updates. Liquidity is tough when the only onramp is coinbase.

[pippopippoloni]

Hi Pete! Great video as always!
CF has already withdrawn the ADA for fund 13!
I think the reason that few people participate in Catalyst voting is the fact that almost no wallet supports it..

[heinatavi]

Hey Pete! I'm subscribed to you (the cheaper tier, would love to upgrade it to 10 bucks a month someday), but never really interact, since I'm taking a break from crypto-news. It's too hectic and draining to constantly follow the ups and downs.

Love the channel, I still watch your videos on incognito so YT won't start recommending me crypto-stuff.

Keep up the good stuff! I'll be here.

[hako]

I like the idea of diversification in the Cardano treasury. There should be bitoin, gold and silver in it in my point of view.

[FesteringRatSub]

I think the funds should go towards creating a world voting and ID system that is decentralized. Also some type of truth verification project.

[DeLaGhetto]

Putting precious metals like Gold, Silver, Platinum, Palladium, Rhodium or Iridium and some stablecoins, treasury bills, properties, stocks and Bitcoin sounds like a good idea!
It would strengthen more our treasury system!

[FesteringRatSub]

The proposals need to somehow be sent out to people for an easy yes no click on an app? Is this even possible?

[FesteringRatSub]

These scam tokens are a real problem, could people flood your wallet with them? They must be paying money for these scams.

[heinatavi]

But, how much ADA to retire? 1 million ADA (staking+other passive forms), would equate to 250k with pessimistic 0.25 usd / ada price. With around 4% interest, that would make around 10k USD in a year, which very low, but doable.

I'd personally have to pay 30% capital-tax on it (non-deductible), so would just scrape by with that amount. I could take more risk and get higher return, but not sure about it. Already risked too much on DeFi and it's tanking. Probably wouldn't retire on it. Or maybe.

[beamtweez]

Hey Pete!
Can you talk about why FREN has been suspended. Thanks!

[loulisto]

Are you kidding me? Are you THAT out of touch?
BTC in the treasury is an excellent idea!

[pxkqd]

I don't know if memes and trades are a good fundation for network activity. Until there's useful products and services, there's no reason to spend.

[zkproof]

Strike Finance. I didn't find any financial experience on their LinkedIn or anything in their Linktree. What credibility do they have? 2 full stack devs and thats it. Founder doesn't seem to have much work expereince anywhere. Not high confidence

[CryptoGypsy-]

I'm hearing the Ledger Nano-S wallet isn't Chang #1 ready. Would this affect transaction settlements if you wanted to trade or transact? Or would this simply affect your ability to participate in voting? It's probably a dumb question, but feel free to enlighten me. TIA. ADA all the way 🚀🚀🚀