Key facts: Cardano Gains Institutional Interest; Implements Security Upgrade
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- Cardano is attracting institutional interest, with T Rowe Price filing for a crypto ETF including ADA and Grayscale registering a Cardano Trust ETF, boosting access to staking and yield.1
- Cardano (ADAUSD) has implemented the Ouroboros Phalanx upgrade, adding a verifiable delay function (VDF) to boost security against grinding attacks, enhancing block production integrity.2
- Cardano's team aims to merge cryptographic proof systems for 'quantum-safe' protection, enhancing privacy and security against quantum computing threats, according to CTO Sebastian Guillemot.3