The official Cardano Foundation website has released its first annual report, which looks back at the blockchain’s achievements throughout 2022. The report pointed out that since it mainly holds Bitcoin (worth HKEX:19 million) and ADA (worth HKEX:166 million), Cardano will not be directly affected by various risk events in the encryption industry throughout 2022. The Cardano Foundation also disclosed other milestones, including: supporting the Vasil hard fork, signing cooperation agreements with the UNHCR and the University of Zurich, developing Kupo V2, expanding the Developer Portal, and more.