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Crypto

Charles Hoskinson says Cardano is his life\'s work despite $3 billion loss

Cardano (ADA) founder Charles Hoskinson said he is still one of the largest ADA holders, reaffirming his commitment to the Cardano ecosystem. He described Cardano as his life\'s work in a recent X Spaces appearance. Hoskinson has said he suffered the biggest losses in the Cardano community during a broader crypto market downturn and disclosed earlier this year that he had more than $3 billion in unrealised losses after ADA fell over 90 percent from its all-time high.

Crypto

Cardano \'science coin\' identity at risk, Hoskinson warns research institute may close

Cardano (ADA) founder Charles Hoskinson warned the blockchain\'s science-led development identity could be shaken if a key research proposal is rejected. The dispute has intensified under its decentralised governance system amid conflict over research funding. The proposal, submitted by Input Output Global, seeks funding for scalability research, cryptography, post-quantum security and human-centred design. Hoskinson said rejection could lead to the closure of Cardano’s research institute and the departure of core scientists.