Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

Hoskinson warns 'stealing' Satoshi's Bitcoin could cause catastrophic economic harm, highlighting Cardano's governance strength.

Market News
05 May 2026
UToday
View Source
Neutral
pluang ai news

Charles Hoskinson, founder of Cardano, warns that attempts to 'steal' or forcibly freeze Satoshi Nakamoto's Bitcoin holdings to solve quantum security issues could split Bitcoin's ecosystem and cause catastrophic economic damage. He contrasts this with Cardano's robust on-chain governance system, which allows community-driven decisions and crisis resolution through legitimate social contracts. Hoskinson argues that Cardano's governance model protects it from the kind of turmoil currently threatening Bitcoin, reinforcing Cardano's long-term value proposition. He also emphasizes that Cardano continues to develop scaling solutions, which remain ready for activation by the community.

More News (ADA)

Cardano's founder warns of ecosystem failures amid treasury spending debate and tough market conditions.

Cardano's founder warns of ecosystem failures amid treasury spending debate and tough market conditions.

Charles Hoskinson, founder of Cardano, addressed concerns about treasury spending and ecosystem support following the shutdown of several projects like TapTools. He warned that difficult market conditions are causing financial pressure on projects, p...

Protocol Fundamentals
Bearish
20 hours ago
Cardano's Hoskinson predicts ADA could surpass Bitcoin, but critics highlight huge market cap gap and ecosystem issues.

Cardano's Hoskinson predicts ADA could surpass Bitcoin, but critics highlight huge market cap gap and ecosystem issues.

Charles Hoskinson, founder of Cardano, predicted that ADA could eventually surpass Bitcoin through sustained ecosystem growth and strong community support. However, critics argue that ADA would need to increase its market capitalization by about 205 ...

Market News
Neutral
22 hours ago
Cardano's 1,096 BTC fund used for 2016 audit amid $70M mystery, says Hoskinson

Cardano's 1,096 BTC fund used for 2016 audit amid $70M mystery, says Hoskinson

Cardano co-founder Charles Hoskinson revealed that 1,096 BTC, now worth about $70 million, was spent on auditing the project's 2016 crowdsale. The funds were held by an Isle of Man foundation, which dissolved in December 2025, raising concerns over r...

Market News
Bearish
1 day ago
ZEC leads weekend crypto gains with 15.3% rise as Bitcoin holds steady near $65,600.

ZEC leads weekend crypto gains with 15.3% rise as Bitcoin holds steady near $65,600.

Over the weekend, ZEC surged 15.3%, marking the largest gain among cryptocurrencies, while Bitcoin remained stable around $65,621. Other altcoins like HYPE, ADA, RAIN, and SOL also showed modest gains. Despite these selective advances, overall market...

Market News
Neutral
1 day ago
Cardano (ADA) plunges nearly 30%, hitting deep oversold levels after breaking key support.

Cardano (ADA) plunges nearly 30%, hitting deep oversold levels after breaking key support.

Cardano (ADA) has dropped sharply by almost 30%, falling below a critical support level near $0.24 that had held since February. This breakdown triggered increased selling pressure and liquidations, pushing ADA near $0.17 and into deeply oversold ter...

Technical Signals
Bearish
1 day ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App