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Charles Hoskinson warns CLARITY Act could classify ETH, XRP, ADA as securities, risking crypto innovation.

Market News
01 May 2026
Blockonomi
View Source
Bearish
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Charles Hoskinson criticized the CLARITY Act, warning it could classify major cryptocurrencies like Ethereum, XRP, and Cardano as securities if launched today. He argued that past legal ambiguity allowed crypto projects to grow before strict regulations, and that the Act's stricter rules might hinder new projects from gaining wide adoption. Hoskinson also suggested some industry leaders support the Act for strategic advantage rather than genuine ecosystem growth. He cautioned that aggressive enforcement could create barriers for startups and reshape the crypto market's future.

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
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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 ...

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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
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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...

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