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 32.9 million ADA funding proposal for Input Output Global's research lab, which 81% of active stake holders opposed. The review aims to propose new governance features for Cardano's 2027 constitution, potentially reshaping how the network manages roadmaps, budgets, and developer-voter relations. The outcome could influence Cardano's future funding and governance structure beyond the upcoming June 8 vote on the research budget.
Charles Hoskinson, Cardano's founder, has proposed moving Cardano governance from X to a moderated Discord channel and forming a voting bloc that pressures funding applicants to participate publicly. This plan aims to resolve Cardano's stalled govern...
Bitcoin, Ethereum, and several other major cryptocurrencies experienced significant price declines exceeding 5% in a recent market downturn. Bitcoin fell to around $62,488, while Ethereum dropped to about $1,679. This widespread sell-off reflects inc...
Nearly $460.9 million in leveraged crypto positions were liquidated in 24 hours as Bitcoin and Ethereum gains caused a broad short squeeze, forcing many traders betting on price drops to close positions. Bitcoin rose 1.09% to $140,697 and Ethereum cl...
Cryptocurrency prices, including Bitcoin, Ethereum, and Solana, dropped amid Federal Reserve signals of fewer interest rate cuts and a stronger U.S. dollar. Bitcoin fell 1.3% to about $63,980, while Ethereum declined 1.7% to around $1,741. The Fed's ...
Plasma (XPL) fell 3.53% to around 164 Korean won after a recent surge, but maintained high trading volume of about 39.97 billion won ($29 million), indicating sustained market interest. Despite the price pullback, traders see this as a reset rather t...
