charleshoskinson

Misappropriation Allegations Spark Controversy 🧐
The crypto currency community is abuzz with allegations surrounding Charles Hoskinson, founder of Cardano, accused of misappropriating approximately $600 million in ADA, the native cryptocurrency of the Cardano blockchain.
The accusations claim that Hoskinson funneled funds from a treasury wallet intended for development and community projects into his own pockets.
Hoskinson has vehemently denied the allegations, attributing them to misinformation and FUD (fear, uncertainty, and doubt).
The Cardano community remains divided, with some defending Hoskinson's integrity and others demanding transparency and investigation.
The allegations have sparked a heated debate about accountability and governance in the cryptocurrency space.
$BTC $BNB $SOL

#GENIUSAct #ADABullish #BreakingCryptoNews #CharlesHoskinson #MyEOSTrade

A fresh wave of speculation is sweeping through the crypto community after #Cardano founder #CharlesHoskinson hinted at a possible collaboration with #Litecoin .

In response to a viral tweet from the Angry Crypto Show praising Litecoin’s branding and strong community, Hoskinson tweeted: “Love the Litecoin community and have known Charlie and Bobby for over a decade. Great community!”
While the tweet stopped short of confirming any official partnership, it’s the clearest sign yet that something might be brewing between the two networks. The timing also aligns with Cardano’s ongoing development of Midnight, its upcoming privacy-focused sidechain aimed at supporting decentralized applications with enhanced confidentiality.
There’s growing speculation that Litecoin could be part of Cardano’s DeFi plans, possibly through Midnight, which would open the door for multi-chain liquidity and cross-chain DeFi projects. It wouldn’t be the first time the two communities explored collaboration—past conversations around interoperability and atomic swaps have surfaced over the years.
Hoskinson’s decade-long connection with Litecoin founder Charlie Lee—and his brother Bobby Lee—adds real weight to the growing buzz. If this partnership does take shape, it could unlock new DeFi opportunities for both ADA and LTC, giving both projects fresh utility in a multi-chain future.
Meanwhile, Cardano’s ADA token is holding steady above the $0.72 support level, showing that traders are staying confident as speculation builds. Litecoin, meanwhile, continues to show strong community engagement and consistent activity.
While no formal roadmap has been shared yet, Hoskinson’s remarks have certainly stirred the pot. A Cardano–Litecoin DeFi partnership, if confirmed, could be a major move for both ecosystems—and a step towardd more seamless cross-chain finance.
$LTC $ADA
#BinanceAlphaAlert #SaylorBTCPurchase

Charles Hoskinson, the founder of Cardano, announced the start of an independent audit of the Cardano Foundation following accusations of embezzling $619 million in ADA tokens. The scandal erupted after NFT artist Masato Alexander claimed that Hoskinson used a 'genesis key' during the Allegra hard fork in 2021 to rewrite the ledger and appropriate 318 million ADA. These funds, according to Alexander, were transferred to the network's reserves, with part used for staking, yielding a profit of $25 million.

Big drama has hit the Cardano world! Charles Hoskinson, the founder of Cardano, is under fire after being accused of misusing over $600 million worth of $ADA tokens. But he's not staying quiet. In fact, he’s promised a full audit to prove the truth.
The accusations come from NFT artist Masator Alexander. He claims that back in 2021, during the Allegra hard fork, Hoskinson used special access called “genesis keys” to move 318 million ADA into a fund. Alexander says this money later helped launch a group called Intersect, and he’s raising questions about where all the money really went. He says Intersect used less than $10 million in its first year — so where’s the rest?
Hoskinson strongly denies any wrongdoing. He says most of the ADA in question had already been claimed by original buyers, and only leftover tokens were sent to Intersect. He also made it clear that his company, Input Output Global (IOG), never kept any of the unclaimed ADA for itself.
Upset by the wave of backlash online, Hoskinson announced that a full audit is coming soon. He also said he’ll step back from running his personal X account and let his media team handle it from now on.
This story is still developing, and all eyes are on the audit. One thing is certain — the Cardano community is watching closely.
#ADA #CharlesHoskinson #GENIUSAct
#BinanceAlphaAlert #MyEOSTrade

Charles Hoskinson, the founder of Cardano, shared details of a large-scale airdrop for the privacy-focused Midnight project during a livestream on X on November 17, 2024. The airdrop, named Glacier Drop, will cover 37 million wallets across eight blockchains, including BTC, ETH, ADA, XRP, SOL, BSC, AVAX, and POL, with a priority for ADA holders. NIGHT tokens will be distributed ahead of the Midnight mainnet launch, scheduled for the end of 2025.

Following years of effort, the first stage of Cardano’s Chang upgrade has gone live, transitioning ownership of the blockchain to holders of its native ADA token. With the upgrade, Cardano enters its final stage of development, dubbed the Voltaire era. 
Cardano, the Layer 1 blockchain founded by Ethereum co-founder Charles Hoskinson, has officially undergone the first stage of its Chang hard fork, becoming the first major blockchain to transition its centralized governance structure to a token-based decentralized governance system. 
Over the next 90 days, Cardano will undergo a full transformation to a community-led governance model overseen by an interim committee. At the end of the 90 days, the second stage of the Chang hard fork will activate, fully turning power over to its new governance bodies, which include a constitutional committee, delegate representatives, and staking pool operators. 
"The goal of the first stage is to ensure security and continuity during the governance bootstrapping phase, allowing [delegate representatives] to register and campaign for delegation, while developing and ratifying a final constitution by early 2025," Cardano's explanation reads. 
While at times Cardano ranked in the top 5 cryptocurrencies by market cap, recent dynamics have been less than favorable for the token, which fell out of the top 10 last month as TRON's TRX token and Telegram's Toncoin have grown. 
"When I reflect back at where we started as an ecosystem it was just an idea...we've grown tremendously throughout the years. There've been ups and downs, there's been a lot of disappointments, but now we are here," Hoskinson said in a video posted to X. "Now we are here today...a day where the entire ecosystem, the community, every holder of ADA stands shoulder to shoulder as equals and they all have a say in the future not just of this protocol, but what this protocol can do for everyone in the world."
$ADA #CardanoEvolution #charleshoskinson #ADABullish

#CharlesHoskinson , the visionary behind Cardano, is doubling down on his decade-long mission as the blockchain enters what he calls the Age of Voltaire. Hoskinson remains resolute in his plan to ensure Cardano’s future lies in the hands of its community, despite critics and challenges.

“𝐅𝐨𝐫 𝐭𝐡𝐨𝐬𝐞 𝐰𝐡𝐨 𝐤𝐧𝐨𝐰 𝐦𝐞, 𝐭𝐡𝐢𝐬 𝐰𝐨𝐧’𝐭 𝐜𝐨𝐦𝐞 𝐚𝐬 𝐚 𝐬𝐮𝐫𝐩𝐫𝐢𝐬𝐞,”Hoskinson stated, addressing both supporters and skeptics. “I’ve spent the last ten years devoted to Cardano. Yes, mistakes were made, but I’ve never compromised the community for personal gain or strayed from the original roadmap.” As Cardano pushes toward decentralized governance in 2025, the blockchain's transformation hinges on two key goals: approving its constitution and securing its budget. Charles is adamant that no obstacle will derail this transition. “My final responsibility is to ensure this shift happens. Nothing and no one will stand in the way of that.”

𝐂𝐚𝐫𝐝𝐚𝐧𝐨’𝐬 𝐌𝐢𝐥𝐞𝐬𝐭𝐨𝐧𝐞𝐬: 𝐀 𝐃𝐞𝐜𝐚𝐝𝐞 𝐨𝐟
𝐏𝐫𝐨𝐠𝐫𝐞𝐬𝐬💥

Cardano has been steadily building its reputation as a blockchain powerhouse, achieving groundbreaking milestones in 2024. The release of Plutus V3, the latest version of its smart contract platform, empowered developers to create advanced decentralized applications (DApps). This upgrade boosted the number of deployed smart contracts from just over 8,000 in January to more than 105,500 by year’s end, showcasing Cardano’s rapid growth.

Another key achievement was the unveiling of Midnight, a protocol designed to prioritize user privacy and regulatory compliance using zero-knowledge proofs (#ZKPs ). Aimed at unlocking trillions in unrealized crypto potential, Midnight provides users and developers with robust tools to secure their data. Meanwhile, the Chang hard fork revolutionized governance by introducing Delegate Representatives (#DReps ), giving the community unprecedented control over decision-making. The Hydra Layer-2 solution, also launched in 2024, promises to enhance scalability by processing transactions across multiple layers, ensuring the network remains fast and efficient as more DApps come online.

𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬 𝐀𝐡𝐞𝐚𝐝: 𝐂𝐫𝐢𝐭𝐢𝐜𝐬, 𝐌𝐚𝐫𝐤𝐞𝐭 𝐕𝐨𝐥𝐚𝐭𝐢𝐥𝐢𝐭𝐲, 𝐚𝐧𝐝 𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐥 𝐒𝐭𝐫𝐮𝐠𝐠𝐥𝐞𝐬🚀

Despite these advancements, Hoskinson has faced criticism from within and outside the Cardano community. Some external skeptics label the platform as overvalued, pointing to ADA’s high market cap relative to its perceived utility. Forbes even dubbed ADA a “zombie crypto.” Internally, tensions flared in November when a viral comment referred to Charles as “the cancer of Cardano.” A subsequent poll revealed that 43% of users were dissatisfied with his leadership, signaling room for improvement.

On the market side, $ADA ’s price has experienced volatility, from a low of $0.34 after an $18 million token unlock to a recovery at $0.85 by December. Similarly, the blockchain’s Total Value Locked (TVL) in DeFi saw a decline, dropping from $700 million to $478 million over the year.

Yet, through it all, Hoskinson remains steadfast, determined to lead Cardano through its final transformation. With its technological advancements and an unyielding commitment to decentralization, Cardano’s next chapter may very well redefine its place in the blockchain world.

#BitcoinInSwissReserves
#Cardano #Blockchain #CharlesHoskinson #Crypto $ADA

$ADA

Cardano’s visionary founder, Charles Hoskinson, has sparked excitement with his latest remarks, stating that the crypto industry is well-represented and that "good things are coming." His statement, shared via social media, has fueled speculation, though he was quick to clarify that no official appointments have been made in the executive branch regarding crypto regulation.
🔍 Addressing the Buzz & Community Reactions
Hoskinson acknowledged the enthusiasm surrounding his comments but cautioned against jumping to conclusions. He emphasized that while meetings do take place, they should not automatically be interpreted as endorsements or signals of major policy shifts.
However, his remarks have drawn mixed reactions from the Cardano community. Some members have criticized him for fueling speculation without providing concrete details. One user noted that "rumors should be held back until verified facts are available," while another pointed out that his comments initially sparked the speculation he later sought to downplay.
🔮 What’s Next for Cardano & Hoskinson?
Last month, Hoskinson hinted at an important meeting set for early March, further adding to speculation. His cryptic references to McDonald's and Diet Coke led many to believe he was meeting a high-profile individual—though he stopped short of revealing any names.
As one of the most influential figures in blockchain, Hoskinson has often been linked to discussions about government advisory roles in crypto. Whether these rumors hold any truth remains to be seen, but one thing is certain—big things are on the horizon for Cardano and the crypto space.
💬 What do you think is coming next for Cardano? Drop your thoughts below! 🚀🔥
#Cardano #ADA #CharlesHoskinson #CryptoNews #Blockchain

Charles Hoskinson, the founder of Cardano and CEO of Input Output Global (IOG), is stepping into the spotlight to influence U.S. crypto regulation. With the incoming presidential administration signaling potential shifts in regulatory policies, Hoskinson is positioning himself to engage with lawmakers and shape the future of the crypto ecosystem.
Key Highlights
Hoskinson’s Proactive Role:
Hoskinson has initiated discussions with pro-crypto U.S. senators, including Senator Tim Scott, focusing on creating clear and balanced regulations for the crypto sector.A New Era of Crypto Regulation:The Trump administration is forming a pro-crypto transition team, nominating figures like Paul Atkins (former SEC Commissioner) and Scott Bessent (as U.S. Treasury Secretary) to spearhead crypto-friendly initiatives.Expected reforms include addressing the regulatory overreach of the SEC under Gary Gensler.Opportunities for the Crypto Ecosystem:Changes could bring U.S.-based crypto companies back, boosting GDP and innovation.Major firms like Bitwise and Canary Capital are optimistic about listing XRP and Solana ETFs under a revamped regulatory framework.Trump’s plan to establish a U.S. Bitcoin reserve underscores his administration's pro-crypto stance.
Cardano’s Potential Gains
Regulatory Benefits:
A friendlier regulatory environment could redefine Cardano's designation as an investment contract, opening doors for increased adoption and potential price growth. Future Outlook:
Analysts predict Cardano ($ADA ) could reach $3 by the end of 2025, bolstered by improved regulations and potential Cardano ETF launches.Ecosystem Developments:
Cardano is also focused on advancing Bitcoin DeFi integration, the Midnight Network, Partnerchains, and dApp upgrades, ensuring its continued growth.
Current Market Snapshot
Price: $1.0633 (+6.22% in 24 hours) Ecosystem Updates: Recent Yoroi Wallet upgrade and plans for further innovations.
With Hoskinson’s proactive stance and potential regulatory changes on the horizon, the future of Cardano and the broader crypto space looks promising.
Do you think improved U.S. regulations will accelerate crypto adoption globally? Let us know your thoughts below!

#Cardano #CharlesHoskinson #CryptoRegulations #CryptoNews #TheCoinRepublic

🔥 In a striking interview with Altcoin Daily, Cardano founder and early Ethereum co-creator Charles Hoskinson raised eyebrows by issuing a serious warning about Ethereum’s long-term direction.

Hoskinson expressed concerns about Ethereum's centralized development model, stating it may hinder scalability, innovation, and true decentralization in the years to come. He also questioned the lack of governance structure and over-reliance on a small group of core developers, suggesting Ethereum could fall behind if these issues aren’t addressed.

This bold take has ignited fresh debate in the crypto space, with investors wondering: Is Ethereum losing its edge?

Stay tuned as the crypto giants battle for blockchain dominance!

#Ethereum #CharlesHoskinson #CryptoDebate #CardanoVsEthereum #BlockchainFuture
$ETH
$ADA

Charles Hoskinson, who started Cardano, is looking for support from both parties for cryptocurrency rules by talking with Democratic senators, especially Senator John Fetterman. His plan is to make rules that match the fast changes in digital assets and encourage teamwork among political parties.
Hoskinson believes that crypto goes beyond political divisions, highlighting the need for lawmakers from all parties to come together and look into the advantages that cryptocurrencies can bring to the country.
Hoskinson sees Senator Fetterman as an important ally. He appreciates Fetterman’s leadership, which promotes questioning party norms and welcoming new ideas.
Fetterman has attracted attention for his view on political issues, especially his thoughts on why Donald Trump appeals to voters who believe he embodies their idea of the American way of life.
Hoskinson has expressed worries that the current political situation, especially the Biden administration’s position and criticism from people like Senator Elizabeth Warren, is slowing down innovation in the crypto industry. He thinks the industry is being unfairly singled out during political conflicts, which might hold back its growth and potential.
Hoskinson is pushing for a “Crypto Users Bill of Rights” to solve important problems like protecting consumers, ensuring fair taxes, and defining asset categories clearly. This proposal is part of his larger plan, “Operation Baseline,” aimed at finding problems in the U.S. cryptocurrency market and advocating for legislative fixes.
Hoskinson is showing how cryptocurrency can bring people together in politics, promoting a modern way to regulate that could help the whole industry.

#CharlesHoskinson #Cardano #CryptoRegulations #BinanceAlphaAlert #GrayscaleHorizenTrust
$ADA $BTC $ETH