CLARITY: 🇺🇸 White House Crypto Council Executive Director Patrick Witt says "yesterday's meeting was a big step forward. We're close. Provided we continue to have good faith engagement from both sides on this issue, I fully expect we will meet our deadline" by March 1st. $ADA

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JUST IN: $ADA's CSWAP upgrades Bitcoin staking on Bitcoin Testnet4 (BIP-94) and #Cardano Pre-prod to v0.0.92, with a "dashboard to track all the UTXO mappings and protocol metrics," plus user experience improvements, advancing native non-custodial $BTC staking closer to mainnet.

JUST IN: IOG says Leios' prototype "demonstrates clear end-to-end behavior." Leios will uplift the Layer-1 from 10 TPS to 500 TPS in the first release, with a public testnet set for the end of Q2. IOG aims to release Leios in the Dijkstra hard fork this year. #Cardano $ADA

JUST IN: IOG performed "realistic simulations for Ouroboros Leios, to study mempool fragmentation and transaction propagation under overload. The team remains on track to deliver a document in early March that consolidates findings on safe protocol parameters." #Cardano $ADA

JUST IN: IOG advances Ouroboros Leios closer to mainnet, with "steady progress on both prototype implementation and parameter consolidation. The prototype is now minting and diffusing endorser blocks, including large blocks with hundreds of transactions." #Cardano $ADA