Cardano (ADA) founder expresses displeasure with SEC’s rigid staking rules, Whales Flock to Solana (SOL) with Def Jam’s NFT Music Initiative, while TMS Network (TMS) is expected to take the trading world by storm
In this article we will delve into Cardano (ADA), Solana (SOL) and TMS Network (TMS). So, buckle up and get ready for the latest updates from the exciting world of cryptocurrencies.
The founder of Cardano (ADA) expresses dissatisfaction with the SEC’s rigid staking rules
In response to the potential ban on crypto betting, Coinbase CEO Brian Armstrong criticized the idea as a negative step for the United States. In response, Charles Hoskinson, the founder of IOG and Cardano (ADA), shared his thoughts on the subject through a video , which has been a hotly debated topic in the cryptocurrency community on social media this week.
According to the founder of Cardano (ADA), staking models involving a custodial component, information imbalances and returns depending on the actions of a regulated agent accessing the staker’s funds pose potential risks.
The founder of Cardano (ADA) suggests that other blockchain ecosystems have more practical consensus models, which could provide a strong defense against any SEC regulations, especially any one-size-fits-all policy.
Hoskinson has indicated that the Cardano (ADA) ecosystem could work with intricate legal structures that could be put in place to consolidate regulatory oversight in the event that staking pool models are subject to regulation.
Cardano’s (ADA) current price is $0.36, and its 24-hour trading volume is $206 million. The day before, Cardano (ADA) increased by 2.32%.
Def Jam introduces Whales to Solana (SOL) through NFT Music Group
Def Jam, the well-known hip-hop label, ventures into the Web3 sphere with a metaverse band called ‘The Whales’. The source of this idea was The Catalina Whale Mixer NFT collection on the Solanas (SOL) blockchain, created by WAGMI Beach and consisting of 5555 digital whale NFTs. The collection has attracted a significant following of NFT enthusiasts at Solana (SOL).
The virtual band combines lifelike whale avatars from the profile picture collection Solana (SOL) with music from a highly anticipated group of yet-to-be-named musicians and producers. Solana (SOL) expressed his excitement at the news through a tweet on February 8. In addition, similar musical collaborations are taking place within the cryptocurrency world, such as the one between Def Jam and Solana (SOL).
Solana (SOL) current price is $20.86 and its 24-hour trading volume is $252 million. Solana (SOL) has gained 1.78% in the last 24 hours.
TMS Network (TMS) is expected to take the trading world by storm
In the dynamic world of cryptocurrency, a trading platform is required to keep pace with the growing demands of the market. TMS Network (TMS) decentralized trading platform is the solution to this requirement. With TMS Network’s (TMS) innovative platform, you can deposit and withdraw money immediately through cryptocurrency, bypassing intermediaries.
TMS Network (TMS) has one user-friendly interface, making it easy for users to shop. TMS Network (TMS) is set to expand traders’ investment options by offering a wide range of assets to trade. Furthermore, TMS Network (TMS) allows traders to invest in cryptocurrenciesand provides a new asset class to diversify their portfolios.
TMS Network (TMS) is raising funds for its development and market launch through an initial coin offering (ICO). The TMS Networks (TMS) token will also serve as currency for trades conducted within the platform and provide major incentives for holders, who can benefit from commission income model.
Conclusion
In this article, we delved into Cardano (ADA), Solana (SOL) and TMS Network (TMS), three players making waves in the industry.
For more information about the TMS Network (TMS) see the links below:
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