Cardano's ecosystem has made progress, with Midnight reaching an agreement with the UK bank Monument to tokenize £250 million in deposits on-chain. This marks a new step in the integration of traditional finance and blockchain, while also promoting the development of tokenized assets. However, Cardano still faces challenges in the DeFi space, and the ecosystem's activity level needs to be improved.

Gate News bot message, according to the official Gate announcement on January 28, 2026 Gate announces the adjustment of lending functions for certain tokens. Starting from 16:00(UTC+8) on January 28, 2026, the platform will disable the new lending features for 15 tokens including CWEB, GARI, LEVER, MAGATRUMP, MANEKI, MBL, MUBI, TROY, TSTBSC, WING, ZCX, OAS, OVL, KARRAT, ACS in unified account spot leverage, collateral lending, and isolated margin. Users holding these tokens with outstanding loans must repay by 16:00(UTC+8) on January 29, 2026. Loans not repaid by the deadline will be automatically settled by the system at that time. This adjustment only affects lending functions; spot trading remains unaffected.

Gate News bot message, trader Machi (@machibigbrother) experienced a complete liquidation of his 25x leveraged ETH long position, resulting in a $3.6 million loss during the recent market downturn. Following the liquidation, Machi immediately opened another ETH long position with the same 25x lever