Cardano ratified the Integrations Budget with strong committee approval and broad DRep backing. Confirmed integrations enhance real-time market data access and Cardano ratified the Integrations Budget with strong committee approval and broad DRep backing. Confirmed integrations enhance real-time market data access and

Cardano Ratifies Critical Integrations Budget, Unlocking Pyth and Dune Support

  • Cardano ratified the Integrations Budget with strong committee approval and broad DRep backing.
  • Confirmed integrations enhance real-time market data access and analytics utility across Cardano’s onchain ecosystem.

Cardano concluded the year with a governance decision that confirmed support for funding major ecosystem integrations. The proposal, titled the Critical Integrations Budget Info Action, received formal approval, closing its first stage of review in the on-chain voting process.

EMURGO shared the results on December 30, saying that six out of the seven members of the Constitutional Committee voted in favor of the proposal. More than 85 percent of delegated representatives also backed the action, showing broad agreement across voting groups.

Governance Decision Sets Funding Direction

Under Cardano’s governance structure, the Budget Info Action serves as an alignment check before any treasury activity begins. The following Treasury Withdrawal Action triggers stricter review since it authorizes actual spending from the ecosystem treasury.

EMURGO stressed that scrutiny increases during this phase because discussions shift from general agreement to financial commitment. Committee members and representatives are expected to reassess details before any disbursement takes place.

The organization also pointed to coordination among five ecosystem bodies involved in the integration process. Input Output, the Cardano Foundation, EMURGO, Intersect, and the Midnight Foundation are working together under a shared framework.

Pyth and Dune Strengthen Cardano Data Access

Two integrations were named as confirmed under the approved framework. One involves Pyth Network, which EMURGO described as “real time, institutional-grade market data coming to Cardano.” The data service is aimed at supporting financial applications that depend on accurate price information.

Use cases cited include “lending, derivatives, stablecoins, and onchain risk management.” Access to reliable data feeds remains a requirement for expanding such markets on the network.

The second integration features Dune, which EMURGO said will add Cardano data to a shared analytics platform used across the wider blockchain sector. The goal is to make on-chain activity easier to review and compare across networks.

The Cardano Foundation also confirmed the ratification and noted,

The Foundation also acknowledged the role of Constitutional Committee members, DReps, and Pentad partners, in reaching consensus through Cardano’s onchain governance process.

At the time of reporting, ADA traded at $0.351, reflecting a 1.44 percent decline over the previous 24 hours. Weekly chart analysis showed resistance near $0.73 and support between $0.35 and $0.40. The Parabolic SAR near $0.56 indicated the level required to counter the downtrend that has persisted since 2022.

]]>
Market Opportunity
Pyth Network Logo
Pyth Network Price(PYTH)
$0,05625
$0,05625$0,05625
+%1,51
USD
Pyth Network (PYTH) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Circle unveils CCTP V2 for seamless USDC crosschain transfers with Stellar

Circle unveils CCTP V2 for seamless USDC crosschain transfers with Stellar

The post Circle unveils CCTP V2 for seamless USDC crosschain transfers with Stellar appeared on BitcoinEthereumNews.com. Key Takeaways Circle’s CCTP V2 now supports the Stellar blockchain, allowing direct USDC transfers between Stellar and other networks. CCTP V2 eliminates the need for wrapped tokens or traditional bridges, reducing security risks in cross-chain transactions. Circle’s Cross-Chain Transfer Protocol Version 2 (CCTP V2) now supports Stellar, the decentralized blockchain platform designed for cross-border payments. Today’s integration enables seamless USDC transfers between Stellar and other blockchain networks. CCTP V2 allows users to move USD Coin, the stablecoin pegged 1:1 to the US dollar, across different blockchains without requiring wrapped tokens or traditional bridges that can introduce security risks. Source: https://cryptobriefing.com/circle-unveils-cctp-v2-for-usdc-crosschain-transfers-with-stellar/
Share
BitcoinEthereumNews2025/09/19 01:52
Crypto whale loses $6M to sneaky phishing scheme targeting staked Ethereum

Crypto whale loses $6M to sneaky phishing scheme targeting staked Ethereum

The post Crypto whale loses $6M to sneaky phishing scheme targeting staked Ethereum appeared on BitcoinEthereumNews.com. A crypto whale lost more than $6 million in staked Ethereum (stETH) and Aave-wrapped Bitcoin (aEthWBTC) after approving malicious signatures in a phishing scheme on Sept. 18, according to blockchain security firm Scam Sniffer. According to the firm, the attackers disguised their move as a routine wallet confirmation through “Permit” signatures, which tricked the victim into authorizing fund transfers without triggering obvious red flags. Yu Xian, founder of blockchain security company SlowMist, noted that the victim did not recognize the danger because the transaction required no gas fees. He wrote: “From the victim’s perspective, he just clicked a few times to confirm the wallet’s pop-up signature requests, didn’t spend a single penny of gas, and $6.28 million was gone.” How Permit exploits work Permit approvals were originally designed to simplify token transfers. Instead of submitting an on-chain approval and paying fees, a user can sign an off-chain message authorizing a spender. That efficiency, however, has created a new attack surface for malicious players. Once a user signs such a permit, attackers can combine two functions—Permit and TransferFrom—to drain assets directly. Because the authorization takes place off-chain, wallet dashboards show no unusual activity until the funds move. As a result, the assets are gone when the approval executes on-chain, and tokens are redirected to the attacker’s wallet. This loophole has made permit exploits increasingly attractive for malicious actors, who can siphon millions without needing complex hacks or high-cost gas wars. Phishing losses The latest theft highlights a wider trend of escalating phishing campaigns. Scam Sniffer reported that in August alone, attackers stole $12.17 million from more than 15,200 victims. That figure represented a 72% jump in losses compared with July. According to the firm, the most significant share of August’s damages came from three large accounts that accounted for nearly half…
Share
BitcoinEthereumNews2025/09/19 02:31
Scaramucci Says Trump Memecoins Drained Altcoin Market, Yet Sees Bitcoin Reaching $150,000 by Year-End

Scaramucci Says Trump Memecoins Drained Altcoin Market, Yet Sees Bitcoin Reaching $150,000 by Year-End

Anthony Scaramucci, stated that the introduction of Trump coins in January 2025 had a negative impact on the cryptocurrency revolution.
Share
Coinstats2026/02/16 01:57