Search results for TOKEN2049
Crypto
Hoskinson says ADA has no issues, Cardano ecosystem development funding to top $100 million this year
Cardano can deploy more than $100 million for ecosystem development this year despite its drop in market-cap rankings, founder Charles Hoskinson said. He said the network’s on-chain treasury continues to generate funds needed for long-term growth. Spending could cover software development, infrastructure upgrades, research, developer tools and education programs. Hoskinson said more than 30 to 40 companies have received support, reducing reliance on Input Output Global.
Crypto
UAE investors buy AI on dips, keep crypto exposure despite Middle East conflict
UAE investors have selectively bought AI and technology stocks despite rising tensions in the Middle East, showing a clear trend of rebalancing portfolios while keeping conviction in long-term growth themes. Data released by eToro showed higher allocations to software and AI infrastructure names that fell sharply in the first quarter. Crypto-related exposure also remained intact, while regulators and companies maintained operations even as security concerns and short-term risks persisted.
Crypto
Charles Hoskinson says big events are not enough to lift crypto prices
Charles Hoskinson (찰스 호스킨슨), founder of Cardano, opposed using treasury funds to take part in major crypto events, saying such exposure is not enough to lift the ADA price or grow the ecosystem. He urged building permanent community hubs that hold weekly events and support developer collaboration and project incubation. His comments come amid debate over a proposal to allocate 14 million ADA for TOKEN2049 Singapore and Cardano Summit 2026 participation.