In this article, we will delve into the world of 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 Displeasure with SEC’s Rigid Staking Rules
As a response to the potential ban on crypto staking, Coinbase CEO Brian Armstrong criticized the idea as a negative step for the U.S. In response, Charles Hoskinson, the founder of IOG and Cardano (ADA), shared his thoughts on the topic through a video, which has been a highly debated issue in the cryptocurrency community on social media this week.
According to the Cardano (ADA) founder, staking models that involve a custodial component, information imbalances, and returns contingent on the actions of a regulated agent accessing the staker’s funds, present potential risks.
The Cardano (ADA) founder suggests that other blockchain ecosystems have more practical consensus models, which could put up a strong defence against any SEC regulations, especially any one-size-fits-all policies.
Hoskinson has indicated that the Cardano (ADA) ecosystem can work with intricate legal structures that can be put in place to consolidate regulatory oversight in the case of staking pool models being subject to regulation.
Cardano’s (ADA) current price is $0.36, and its 24-hour trading volume is $206 million. On the previous day, 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, is venturing into the Web3 sphere with a metaverse band named ‘The Whales.’ The source of this idea was The Catalina Whale Mixer NFT collection on Solana’s (SOL) blockchain, created by WAGMI Beach and consisting of 5,555 digital whale NFTs. The collection has attracted a substantial following of NFT enthusiasts on Solana (SOL).
The virtual band combines vibrant whale avatars from the Solana (SOL) profile picture collection with music from a highly anticipated group of musicians and producers yet to be named. Solana (SOL) expressed their excitement about the news through a tweet on February 8th. Additionally, similar musical collaborations are taking place within the cryptocurrency world, such as the one between Def Jam and Solana (SOL).
Solana’s (SOL) current price is $20.86, and its 24-hour trading volume is $252 million. Solana (SOL) has increased by 1.78% within the past 24 hours.
TMS Network (TMS) Expected to Take the Trading World by Storm
In the dynamic world of cryptocurrency, a trading platform is required to keep pace with the market’s increasing demands. TMS Network’s (TMS) decentralized trading platform is the solution to this requirement. With TMS Network’s (TMS) innovative platform, you can deposit and withdraw funds immediately through cryptocurrency, bypassing intermediaries.
TMS Network (TMS) has a user-friendly interface, making it effortless for users to trade. TMS Network (TMS) is set to broaden traders’ investment options by providing a wide range of assets to trade with. Furthermore, TMS Network (TMS) allows traders to invest in cryptocurrencies, providing 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). TMS Network’s (TMS) token will also serve as the currency for trades conducted within the platform provide big incentives for holders, who can benefit from the commision revenue model.
Conclusion
In this article, we delved into the world of Cardano (ADA), Solana (SOL), and TMS Network (TMS), three players making waves in the industry.
For more information on TMS Network (TMS) please see the links below:
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/tmsnetwork
Twitter: https://twitter.com/tmsnetworkio
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