Binance, a popular cryptocurrency exchange, has announced support for the upcoming network upgrade and hard fork of Cardano. The upgrade aims to improve the functionality of the Cardano network and allow ADA holders to participate in decision-making through a decentralized governance model. Binance will temporarily halt deposits and withdrawals of Cardano tokens during the upgrade process but trading will not be suspended. The upgrade is named after Matthew Plomin, the late CEO of Cardano's stablecoin. Additionally, Cardano recently launched an exchange-traded note (ETN) that allows traditional investors to participate in the Cardano ecosystem without directly engaging with blockchain technology.



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