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technology5h ago
Key facts: Cardano Shorts Surge; Midnight Privacy Mainnet Planned
- Cardano futures on Binance show the highest short-to-long funding ratio since June 2023, signaling growing short interest.
- Cardano advances the Midnight privacy mainnet in a federated model to enhance transaction privacy.
- Midnight uses Kacina, Plunk, Halo 2 and Compact to add Zcash-like privacy with smart contracts.
- The update indicates ongoing momentum around Cardano's privacy-focused roadmap amid market activity.
- The article ties market signals to Cardano's technical push for privacy in the mainnet agenda.
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