Cardano founder Charles Hoskinson is conducting a large-scale audit of 11,000 third-party DAOs to restructure the project's governance by 2027. This move comes amid internal conflict between developers pushing for practical DeFi product funding and Hoskinson's commitment to fundamental scientific research. Cardano's network shows signs of stagnation with low daily revenue and modest DeFi value locked, intensifying the governance crisis. The audit aims to balance developer demands and preserve Cardano's academic foundation while exploring new growth avenues like Bitcoin DeFi integration.
Charles Hoskinson, founder of Cardano, has launched a comprehensive review of over 11,000 decentralized autonomous organizations (DAOs) to explore governance design, executive functions, and strategy setting. This move comes amid controversy over a 3...
Bitcoin fell below the key $75,000 level, sparking a sharp selloff across major cryptocurrencies including Ethereum and top altcoins. This drop triggered around $400 million in liquidations of leveraged long positions, intensifying market panic. The ...
Cardano founder Charles Hoskinson praised recent progress as four treasury proposals aimed at improving the Cardano blockchain were approved by the community. These proposals include enhancements like CIP-159 for account addresses, multi-asset treasu...
Cardano blockchain reached 121 million transactions and eight years of continuous uptime, marking a significant technical milestone. However, this achievement is overshadowed by internal governance conflicts, including a controversial funding vote th...
Bitcoin trades near $77,324 with a slight dip, while Ethereum holds around $2,127 as traders focus on key technical levels like the 200-day moving average. Market cap stands at $2.67 trillion with Bitcoin dominance at 58.1%, signaling cautious sentim...
