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Crypto

Flare co-founder welcomes Charles Hoskinson return after XRP-BTC clash

Flare co-founder Hugo Philion publicly supported Cardano founder Charles Hoskinson\'s return to activity on X, after the two clashed over XRP and bitcoin interoperability and bitcoin-based DeFi strategy. Philion said the crypto industry would be worse off without Hoskinson, Cardano and Midnight, while maintaining Cardano was duplicating work that could be done using FXRP and Flare Bitcoin via LayerZero. Hoskinson had briefly reduced public activity before returning.

Crypto

Cardano founder 1.5 billion ADA sale allegation resurfaces

A new on-chain analysis has revived allegations that Cardano (ADA) co-founder Charles Hoskinson may have sold about 1.5 billion ADA during the 2021 bull market. Analyst Masato Alexander said large ADA transfers in 2021 could be linked more directly to Hoskinson or Input Output Global than previously thought. He said the flow may trace back to collateral from private stake pools run by IOG. However, ownership and any exchange sale cannot be confirmed from public data.

Crypto

Cardano investment narrative over? ADA critic who profited in 2020 says he will not buy anymore

Crypto commentator Moody Hank, who made large profits from Cardano\'s ADA in 2020, said he would no longer invest in the token. He argued Cardano’s investment narrative has effectively ended as market conditions and momentum have turned weak. Hank cited internal governance conflict, the cancellation of the 2026 Cardano Summit and stalled proposals. He also pointed to ecosystem departures and price pressure, with ADA falling below $0.16 over the weekend.