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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 bull trims ADA holdings and adds Sui

Crypto analyst Dan Gambardello, known as a Cardano (ADA) supporter, disclosed he moved part of his ADA holdings into Sui (SUI) and other altcoins. ADA fell as low as $0.1584 on June 5 and was down 16.01 percent over 24 hours and 29.25 percent over a week. Gambardello said he still holds ADA but questioned Cardano’s governance, leadership and branding, drawing strong reactions inside the community as ecosystem and governance pressures persist.

Crypto

Charles Hoskinson signals pause as TapTools shuts and ADA slides

Cardano (ADA) founder Charles Hoskinson (찰스 호스킨슨) said he will step back from activity for a while, without giving details. His remarks draw attention as pressure builds across the Cardano ecosystem, including TapTools’ plan to shut down within 2 weeks and the closure of NFT marketplace JPG.Store. The community also rejected funding for Cardano Summit 2026. ADA fell below $0.20 after his post and hit a five-year low near $0.18.