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- Weekly Cardano Digest #89
Weekly Cardano Digest #89
ADA liquidity goes multi-chain, Strike Finance scales DeFi, and Intersect empowers community projects.
Hey Cardanians! Welcome aboard the Weekly Cardano Digest #89!
We've filtered through all the noise to distill crucial updates into a breezy, 5-minute read. No need for you to sift through endless info — we've got you covered. Ready to delve into this week's top Cardano news? Let’s dive in.
Here are the topics of the week:
🌉 ADA Bridge Between Wanchain and BNB Chain Goes Live
📈 Strike Finance Expands With BTC Perpetuals & Higher Leverage
⚙️ Intersect Empowers Cardano Projects with Services, TWG, and Media
Weekly Development Report
& More!
🌉 ADA Bridge Between Wanchain and BNB Chain Goes Live

A new cross-chain connection is here: ADA can now move directly between Wanchain and BNB Chain.
With over $400M ADA already on BNB Chain, users can:
1️⃣ Bridge ADA to Wanchain L1 → bridge.wanchain.org
2️⃣ Supply liquidity to the $WAN–$ADA pool → xflows.wanchain.org/pools
3️⃣ Earn up to 43% APR 📈
This bridge strengthens interoperability between ecosystems, unlocking liquidity flows and new yield opportunities for ADA holders. It’s another step forward in expanding Cardano’s cross-chain footprint.
Beyond liquidity, the integration also positions ADA within multi-chain DeFi strategies, allowing users to move assets seamlessly across networks.
For developers, it demonstrates the growing demand for cross-chain infrastructure that connects Cardano with major blockchains like BNB Chain. This creates more pathways for adoption, utility, and yield generation.
📈 Strike Finance Expands With BTC Perpetuals & Higher Leverage

Strike Finance is Cardano’s decentralized perpetuals protocol, often compared to Hyperliquid, but built natively on Cardano. It enables traders to access leveraged positions on assets like $ADA and $SNEK, while rewarding $STRIKE stakers with real ADA yield.
The protocol just announced big updates:
▪️ Plans to integrate up to 25x leverage for $STRIKE holders
▪️ $BTC perpetuals will launch before the end of summer
▪️ Over 150,000 $ADA distributed to stakers in the last 15 days — on track for 3M+ ADA annually
Strike already handles tens of millions in monthly trading volume, while generating fees and sustainable rewards for its community. With Bitcoin integration and higher leverage, it’s positioning itself as a cornerstone of Cardano DeFi.
⚙️ Intersect Empowers Cardano Projects with Services, TWG, and Media

Intersect has rolled out a new suite of project support services to strengthen and scale Cardano open-source initiatives. The catalog includes: marketing, community building, governance templates, legal services, product design, training, and security audits — all backed by funding opportunities through the Open Source Office.
At the same time, Intersect is launching a Tooling Working Group (TWG) to help prioritize and deliver support where the community needs it most. The first call is set for Friday at 5am PST, and all members are invited to participate.
And for those who enjoy ecosystem insights, new episodes of the Open Source Cowboy Podcast are live, featuring leaders from IEEE, Hyperledger, Tweag, Hedera, and Apache Foundation.
Together, these initiatives show Intersect’s commitment to providing governance, resources, and media channels to ensure Cardano’s open-source community continues to thrive.
Interesting Stories
🇦🇷Argentina Delivers 🇦🇷
✨ 140 Attendees
✨ 15 Teams
✨ 65 Hackers
✨ Talks, Panels & NetworkingThe biggest Midnight hackathon ever was made possible thanks to the passionate community of builders and enthusiasts.
Thank you, @IOHK_Charles, for believing in Argentina once
— agus 🐦⬛ 🇦🇷 (@agustinenada)
3:15 PM • Aug 25, 2025
That's just the tip of the iceberg @therealdisasm@adamKDean
— Charles Hoskinson (@IOHK_Charles)
5:17 PM • Aug 23, 2025
GM Cardano. Got an open source project?
Discover how @IntersectMBO's open source office can help you with their services and register your interest at
— Ben (@benohanlon)
3:39 PM • Aug 21, 2025
📢 NOW SOLVED: Update on complexity issue with Ledger devices affecting Bitcoin claims.
Glacier Drop participants can now claim for all eligible Bitcoin addresses managed by the same Ledger wallet.
Previously, when trying to make a claim based on multiple eligible Bitcoin
— Midnight Foundation (@midnightfdn)
10:43 AM • Aug 22, 2025
Pitch. Demo. Accelerate. ⚡
Battle of the Builders at Cardano Summit 2025 puts your project in front of investors, peers, and the global stage.
Ready to show the world what you're building?
Applications are open: summit.cardano.org/page/5135432/b…
— Cardano Summit (@CardanoSummit)
3:12 PM • Aug 29, 2025
Cardano Ecosystem Spotlight: Liqwid Finance
The first pooled lending protocol on Cardano.
Now leading with $94.4M TVL, dual yield on ADA, and Europe’s first ADA staking ETP.
Read more: medium.com/@TapInWithTapT…
— TapTools (@TapTools)
9:25 PM • Aug 29, 2025
With community input, we've rebuilt the Cardano Developer Portal. ⚡️
New Get Started guides, EVM migration lessons, smart contract design patterns, DApp examples, demos, workshops, tutorials, and much more.
Everything devs need. All in one place. Built to help you build.
— Cardano Foundation (@Cardano_CF)
8:25 AM • Aug 29, 2025
JUST IN: @CoinDesk tells its 5.7 million readers that Cardano $ADA is showing strong demand and institutional interest.
— TapTools (@TapTools)
5:26 PM • Aug 27, 2025
The Update Committee governance action has been ratified with >67% support from Delegate Representatives (DReps) and >51% support from Stake Pool Operators (SPOs).
This ratification establishes the new Constitutional Committee and is the first to be fully elected by the
— Intersect (@IntersectMBO)
10:08 PM • Aug 27, 2025
Congratulations to @eternlwallet on being the first *actual, physical* recipient of community voted treasury funds.
cexplorer.io/tx/2c012024387…
So far we've seen several treasury *withdrawals*, from Amaru to all the intersect administered governance actions.
However, each of those
— Quantumplation | Pi Lanningham (@Quantumplation)
6:28 AM • Aug 22, 2025
Cooperative Economics!
— Charles Hoskinson (@IOHK_Charles)
3:04 PM • Aug 22, 2025
NEW: 📽️ Charles Hoskinson discusses Satoshi's vision for #Bitcoin, exploring a future with privacy and identity during the Wyoming Blockchain Summit.
🎙️"You want privacy programmable."
— Bitcoin.com News (@BTCTN)
10:57 PM • Aug 19, 2025
JUST IN: Cardano stablecoin @USDMOfficial has surpassed 3,000 holders and marked another milestone for the ecosystem.
— TapTools (@TapTools)
5:04 PM • Aug 27, 2025
Essential Cardano’s weekly development report

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