Charles Hoskinson Hits Back After SBI Chooses Solana
Charles Hoskinson (@IOHK_Charles) has pushed back after Japanese financial giant SBI Holdings unveiled a Solana partnership for stablecoins and tokenized assets, sparking backlash across the Cardano community.
Some $ADA holders called the move a major setback given Japan's historic role in funding Cardano.
Hoskinson rejected the criticism, saying commercial deals should be funded through Cardano's onchain treasury, not by expecting IOG or him to secure every partnership.
Today, we formally notified the entities that we will be stepping down from our duties as a member of the Pentad. We want to thank the members for their shared commitment to Cardano throughout our time working alongside them.
Our immediate priority is the @secondfiapp recovery process, and we are concentrating our resources where they are needed most. We believe this is the right decision for our users and for the ecosystem, and it reflects the standard of accountability we hold ourselves to as a founding entity of Cardano.
As stated by SecondFi, quarantine mode is being enabled this week, letting users check if a wallet address appears in preliminary incident data and submit a support ticket. Our intention is that next week, the secure wallet export will be deployed to help affected users safely move assets to a new wallet. On asset recovery, we continue to make progress with the recovery tool, initiated through a portal, that keeps users in control while protecting their information
This is the end of @YoroiWallet and @secondfiapp
What once was a common name on Cardano is no more. Unfortunate but most likely the best decision.
Focus is 100% on asset recovery. 👍
The Cardano search results on YouTube are very different these days.
This is a logged-out, incognito session doing a search on the term "Cardano".
Mostly hype and price content.
The Cardano search results on YouTube are very different these days.
This is a logged-out, incognito session doing a search on the term "Cardano".
Mostly hype and price content.
After 5 years, I’ve made the tough decision to shut down the MALU Stake Pool and retire as a DRep.
To everyone who supported the pool, or trusted me with their votes - THANK YOU!
Together we minted 7419 blocks and supported 30+ ISPOs and projects.
It’s been a fun ride and I’m incredibly grateful for the support that came from this community.
Please redelegate your ADA asap!
Thank you for everything 💙
Remember how $ADA pumped from $0.60 to $1.20 when Trump announced it as part of the US Strategic Reserve?
The same thing will happen once the markets start the reversal and it could be multiple weeks in a row.
$ADA can get to $3 faster than you think.