charleshoskinson

Cardano founder Charles Hoskinson stated at the Midnight Summit 2025 (November 17) that the pro-crypto policy of the Trump administration disrupted the classic four-year market cycle. "We were expecting a boost, but received a 'rib-crushing hug' — an excessive love that created irrational euphoria and interfered with the normal rhythm," noted Hoskinson. According to him, the U.S. government became a 'bag holder' of Bitcoin, accumulating assets through confiscations that distorted the natural hype after the halving.

Author of the news: Crypto Emergency
The founder of Cardano, Charles Hoskinson, named what he believes to be the true reason for the sharp decline in cryptocurrencies. Bitcoin dropped from a record $126,000 to $80,600, and the ADA token fell from $0.6092 in early November to $0.3911.

Hoskinson believes that a key factor was large companies employing the 'pump and dump' tactic — artificially inflating asset prices followed by mass sell-offs. According to him, structures like Citadel first raised the value of cryptocurrencies and then opened short positions, making tens of billions of dollars on the market decline.

Cardano founder and IOG CEO Charles Hoskinson addressed the community following the recent chain split with a clear message:

Every blockchain — even the most rigorously engineered ones — will eventually face a zero-day vulnerability.
Speaking on his podcast Code Is Law, Hoskinson explained that outages, bugs, and unexpected failures are not signs of incompetence but fundamental realities of software-based systems, including Cardano.

“This is software.” Zero-day bugs are unavoidable, says Hoskinson
Hoskinson reminded the community that Cardano, despite its reputation for formal verification and conservative development, is still subject to the same software limitations as any other system.

A blockchain is only as secure as the code it runs, and no codebase is immune to hidden flaws.
Cardano’s mainnet launched in 2017.

It took more than eight years before the network experienced a truly critical vulnerability. Hoskinson described this track record as evidence that:
“Cardano is extremely good at what it does.”
He added that some zero-day exploits are discovered and abused within minutes, while others remain dormant for years — and that this is precisely why intentional exploitation cannot be tolerated.

“You cannot allow anyone to disrupt the entire system at will”
Hoskinson strongly criticized the stake pool operator (SPO) whose actions unintentionally triggered the long-standing bug.

He emphasized that Cardano supports an entire ecosystem of:
stake pool operators,delegators,investors,developers,
all of whom rely on the network’s stable operation.
Allowing individuals to destabilize the system “arbitrarily or whimsically,” he said, would jeopardize the livelihoods of thousands of people.

Hoskinson also confirmed that the incident is being investigated with the involvement of the FBI, a revelation that stirred controversy among parts of the community.
The SPO responsible for activating the bug has since issued a public apology.

The chain split: no network outage, but real consequences
The vulnerability discovered on November 21 caused the network to temporarily diverge into two parallel chains:
a “poisoned” branch, disrupted by the bug,and a “healthy” branch, which continued functioning normally.
Despite the split, block production never stopped.

The network kept operating, but major crypto exchanges suspended ADA deposits and withdrawals as a precaution until the issue was fully resolved.

Cardano demonstrates strong system integrity
In a separate podcast episode, Hoskinson praised the swift and coordinated response of the technical teams.

According to him, the incident highlights two key strengths of Cardano:
High systemic integrity, even under stress.Exceptional engineering discipline, enabling fast mitigation of unforeseen failures.
The market reaction was brief. ADA’s price recovered quickly from the initial shock and, at the time of writing, had risen 2.4% to $0.43.

#Cardano , #ADA , #CharlesHoskinson , #CyberSecurity , #CryptoNews

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Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Cardano founder Charles Hoskinson publicly urged the Federal Bureau of Investigation (FBI) on a live YouTube stream on November 23, 2025, to immediately investigate an anonymous fork of the Cardano network that appeared a few days ago.

According to Hoskinson, the new chain uses the identical genesis block of Cardano but has hidden changes in the consensus that could allow double spending and staking manipulation. He called the project a 'malicious clone' created for the purpose of fraud and money laundering.

In the fast-moving world of crypto, words can move markets—and no one understands that better now than Cardano founder Charles Hoskinson. On July 27, 2025, a cryptic post from Hoskinson on X (formerly Twitter) sent shockwaves across the Cardano community and the broader crypto market.

“I’m done.” — Charles Hoskinson, Cardano Founder
These two words were enough to trigger a sharp, immediate selloff in $ADA
, Cardano’s native token, which plunged by 14% within an hour of the post going live.
🧨 Panic Sets In
Without immediate context, Hoskinson’s tweet ignited widespread speculation. Was he stepping away from Cardano? Was the project in trouble? Investors, uncertain and rattled, rushed to dump their ADA holdings, leading to a cascade of sell orders and a sharp drop in price.
While ADA has since partially recovered from the dip, the psychological blow to investors remains fresh. Markets hate uncertainty—and this brief moment of ambiguity was costly.
🔍 The Clarification: "Toxic Critics"
A few hours later, Hoskinson followed up with a clarification:

“To be clear, I meant I’m done with the toxic critics, not the Cardano project itself.”
By then, however, the damage had already been done. The initial tweet had spread like wildfire, triggering reactions across platforms and creating a mini-crisis for ADA holders.
💬 Community Backlash
The Cardano community—typically known for its strong loyalty—was quick to respond, and not in a good way. Influencers, developers, and long-term holders criticized Hoskinson for his lack of clarity, calling the tweet “irresponsible” and “reckless.”
Many believe that Hoskinson, a seasoned figure in the crypto world, should have anticipated the reaction such a vague statement would provoke. Others speculated that the incident might have been a deliberate move to flush out weak hands or manipulate the market—a claim without evidence but gaining traction in online forums.
🔧 Development Still on Track
Despite the drama, Cardano’s development roadmap remains intact. Recent updates from Input Output Global (IOG), the research and development arm behind Cardano, confirm that ongoing work continues on governance features, scalability solutions, and smart contract enhancements. The ecosystem is still evolving, with multiple dApps and projects building on the platform.
Yet, as one user put it on Reddit:

“The tech is solid, but the leadership needs to communicate better.”
📈 ADA Price at a GlanceMarket sentiment is cautiously stabilizing, but the episode highlights how fragile crypto markets remain, especially when key personalities are involved.
🧠 Lessons from the Fallout
Clear communication is critical. In a high-volatility market, ambiguity is a trigger.Crypto projects are more than just code—they're communities. Trust and perception matter.Leadership behavior has real financial consequences.
🔮 What's Next for Cardano?
The ADA community is resilient, but incidents like this put pressure on project leaders to act with greater care. With volatility expected to continue across the market, Cardano will need to focus not just on innovation—but also on responsible communication.

#Cardano #ADA! #CharlesHoskinson

Cardano founder Charles Hoskinson has openly stated that the network needs a strong and unified voice to guide its next steps — particularly in the realm of Bitcoin-integrated decentralized finance (DeFi). While Cardano is making technological strides, Hoskinson believes it lacks an executive authority capable of shaping a clear and compelling narrative for the broader crypto market.

🔹 Cardano Wants to Be the Backbone of Bitcoin DeFi

Cardano has recently been working to position itself as a solid platform for Bitcoin-based DeFi. Among its latest technical innovations are Leios, Hydra, and the Midnight Glacier Drop — all potential cornerstones for a new ecosystem narrative. Its largest decentralized exchange, Minswap, is already preparing for BTC integration with a proposed $2 trillion liquidity pool, while the Lace wallet and USDM stablecoin are gaining traction.
However, Hoskinson warns: “Bitcoin DeFi is a massive opportunity for Cardano, but without a competent executive framework to push that idea throughout the space, it will remain just an opportunity — unrealized.”

🔹 Criticism From Within

Hoskinson noted that while he has tried to guide the narrative himself, he has often faced heavy criticism — even from members of the Cardano community — who accuse him of centralization or building a “cult-like” leadership.
“This year has been brutal and expensive,” he said. “We’re losing not just trust, but also the ability to be seen as winners.” He also referenced accusations of ADA token mismanagement and defended his proposal to convert $100 million worth of ADA into increased stablecoin liquidity.

🔹 A Path Forward: Rare Evo and a New Constitution

According to Hoskinson, the Rare Evo conference will provide the community with a chance to reset. A new constitution is expected to be introduced, featuring delegated executive authority and plans for launching a sovereign investment fund to support Bitcoin DeFi within the Cardano network.

Input Output Global — Hoskinson’s company — will remain the technical coordinator. But the network’s future, he says, hinges on whether Cardano can establish strong leadership and finally seize its role as a key player in Bitcoin-integrated decentralized finance.

#Cardano , #CharlesHoskinson , #ADA , #defi , #CryptoCommunity

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Following years of effort, the first stage of Cardano’s Chang upgrade has gone live, transitioning ownership of the blockchain to holders of its native ADA token. With the upgrade, Cardano enters its final stage of development, dubbed the Voltaire era. 
Cardano, the Layer 1 blockchain founded by Ethereum co-founder Charles Hoskinson, has officially undergone the first stage of its Chang hard fork, becoming the first major blockchain to transition its centralized governance structure to a token-based decentralized governance system. 
Over the next 90 days, Cardano will undergo a full transformation to a community-led governance model overseen by an interim committee. At the end of the 90 days, the second stage of the Chang hard fork will activate, fully turning power over to its new governance bodies, which include a constitutional committee, delegate representatives, and staking pool operators. 
"The goal of the first stage is to ensure security and continuity during the governance bootstrapping phase, allowing [delegate representatives] to register and campaign for delegation, while developing and ratifying a final constitution by early 2025," Cardano's explanation reads. 
While at times Cardano ranked in the top 5 cryptocurrencies by market cap, recent dynamics have been less than favorable for the token, which fell out of the top 10 last month as TRON's TRX token and Telegram's Toncoin have grown. 
"When I reflect back at where we started as an ecosystem it was just an idea...we've grown tremendously throughout the years. There've been ups and downs, there's been a lot of disappointments, but now we are here," Hoskinson said in a video posted to X. "Now we are here today...a day where the entire ecosystem, the community, every holder of ADA stands shoulder to shoulder as equals and they all have a say in the future not just of this protocol, but what this protocol can do for everyone in the world."
$ADA #CardanoEvolution #charleshoskinson #ADABullish

Cardano founder Charles Hoskinson tweeted “I’m done,” causing ADA to crash 14% in just one hour. Fans feared the worst — until he later clarified he meant he was done with toxic critics.

Still, the damage was done. The community called his post irresponsible. Some think it was a move to scare weak holders.
$SOL
Though ADA has slightly recovered, trust remains shaky. Development continues, but so does the drama.
$BNB
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