Crypto Entrepreneur Charles Hoskinson Defends Himself Against Accusations of Misusing Funds
June 22 (Cointime) - Charles Hoskinson, the founder of Cardano, faced criticism after sharing photos from his search for aliens. One follower sarcastically commented on how Hoskinson was spending their money, to which Hoskinson responded on Twitter, defending himself and clarifying that his own funds were not connected to his followers' wealth.
Cardano Releases Node 8.1.1 Mainnet and Lace 1.2 Wallet Upgrade, $ADA Price Eyes Recovery
June 20 (Cointime) - Cardano founder Charles Hoskinson announced the release of Cardano Node 8.1.1 mainnet and Lace 1.2 wallet upgrade, which are expected to boost the Cardano ecosystem and potentially increase the price of ADA. Despite the US SEC's crackdown, the Cardano community remains committed to improving the network.
Cardano Founder Joins Expedition to Search for Interstellar Meteor and Possible Alien Life
June 19 (Cointime) - Charles Hoskinson, the founder of Cardano, has joined an expedition searching for a meteor of interstellar origin that crashed onto Earth in 2014. The Galileo Project, led by Harvard professor Avi Loeb and his student Amir Siraj, is conducting the search. Hoskinson invested $1.5 million in the project in March 2023 and has been sharing updates on Twitter from the coast of Papua New Guinea, where the expedition is taking place. Meanwhile, Cardano's native cryptocurrency, ADA, has experienced a decline in value over the past few weeks due to ongoing legal challenges faced by Binance and Coinbase from the US Securities and Exchange Commission.
Cardano Founder Charles Hoskinson Funds Expedition to Search for Interstellar Object Crash Site in Pacific Ocean
June 17 (Cointime) - Charles Hoskinson, founder of Cardano, is leading an expedition as part of the Galileo Project to search for a crashed UFO or space object near the coast of Papua New Guinea.
Lace Wallet Now Supports Brave Browser, Says Cardano Founder Charles Hoskinson
Cointime News on June 13th, Charles Hoskinson, founder of Cardano, has announced on Twitter that Lace Wallet, a Web3 wallet platform from Input Output Global (IOG), now supports Brave, a private web browser for PC, Mac and mobile. Users can easily install Brave as an extension and start exploring. Lace Wallet aims to simplify the Web3 experience for all users and the integration with Brave aligns with this focus. Lace Wallet is the first light wallet platform from IOG and has recently gone open source, making its source code and software development kit components accessible to anyone.
Cardano Creator Warns SEC Lawsuit Against Binance Is Part of Crypto Suppression Efforts, Says End Goal Is a CBDC
Charles Hoskinson, the creator of Cardano (ADA), believes that the recent legal action taken by the U.S. Securities and Exchange Commission (SEC) against Binance is part of a larger effort to suppress the digital assets industry.
Jim Cramer's Mispronunciation of Cardano and Solana Earns Ridicule from Crypto Community and Founder
Jim Cramer, the host of CNBC's show 'Mad Money', mispronounced the names of Cardano (ADA) and Solana (SOL) while discussing the recent lawsuit filed by the SEC against Coinbase. This earned him ridicule from the founder of Cardano and his followers, who have taken to the new catchphrase "#Cardanzo" on Twitter.
Cardano Founder Charles Hoskinson Labels Ethereum Classic a Scam in Twitter Rant
Cardano founder Charles Hoskinson has criticized the decentralized computing platform Ethereum Classic (ETC), calling it a scam with no plan of action or vision. Hoskinson's comments came in response to ETC Cooperative executive director Bob Summerwill's criticism of the programmable blockchain Ergo.
Cardano Founder Criticizes Democrat Committee Memo on Crypto Regulation, Urges Prioritization in Elections
Charles Hoskinson, the founder of Cardano blockchain, has criticized a memo from the Democrat Committee on digital asset regulation and urged US citizens to prioritize the issue in upcoming elections. The memo, which was circulated among Democrat Committee members, has sparked debates and drawn criticism from prominent figures in the crypto community.
Cardano (ADA) Founder Says: “I’d Rather Be a Crypto Guy Than a Banker Right Now”
Charles Hoskinson, the founder of Cardano (ADA), has warned of the potential for another financial crisis similar to the 2008 crisis as US banks continue to collapse this year. In an interview with Fox Business, Hoskinson explained that the traditional banking model is becoming outdated, while cryptocurrencies have demonstrated resilience in the face of challenging macroeconomic conditions. He highlighted that the combined assets of banks that have failed so far in 2023 amount to $540 billion, compared to $373 billion during the 2008 crisis. Hoskinson argued that the banking business model is crumbling and expressed concerns that the "too big to fail" mentality could lead to even larger financial institutions. He also criticized the US for lagging behind other regions in implementing reasonable cryptocurrency regulations, warning that the US risks losing crypto companies to other countries with more favorable regulatory environments.