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Hoskinson Says Failed Wyoming Clinic Refocused Him On Cardano And Midnight

Charles Hoskinson, founder of Cardano, announced the closure of a family-backed medical clinic in Gillette, Wyoming, citing unsustainable financial losses. The clinic, which served approximately 22,000 patients, was losing about $1.7 million per month due to structural issues in the U.S. healthcare system and insufficient local support. Hoskinson framed the shutdown as a strategic refocusing of his time and resources. He stated that his primary daily priorities are now driving adoption for Cardano's privacy-focused sidechain, Midnight, and returning Cardano to the top tier of cryptocurrencies. He emphasized that these are areas where he has direct expertise and agency, unlike the healthcare venture which he described as a costly diversion.

bitcoinistHace 6 hora(s)

Hoskinson Says Failed Wyoming Clinic Refocused Him On Cardano And Midnight

bitcoinistHace 6 hora(s)

Hoskinson Says This Cardano App Could Become Crypto’s Most-Used By 2030

Charles Hoskinson, founder of Input Output, believes Midnight.city—an interactive simulation tied to Cardano's privacy-focused Midnight blockchain—could become the most-used crypto application by 2030. The platform is preparing for a new beta-testing phase involving thousands of testers to refine its design and user experience. Midnight.city serves as a public-facing simulation layer for the Midnight network, which emphasizes programmable privacy and selective disclosure. It is designed as a live environment populated by AI agents that simulate economic activity, aiming to make zero-knowledge privacy infrastructure more tangible for users. The platform allows inspection of transactions from different disclosure perspectives (public, auditor, and simulation-only modes). The Midnight ecosystem uses a dual-state ledger and the Compact programming language to enable privacy-preserving applications. Its economic model features two tokens: NIGHT (unshielded, for governance) and DUST (shielded, for transaction costs). Hoskinson stated that rapid development sprints could accelerate Midnight.city's evolution toward a "crypto-native" civilization with privacy at its core.

bitcoinistHace 2 días 14:32

Hoskinson Says This Cardano App Could Become Crypto’s Most-Used By 2030

bitcoinistHace 2 días 14:32

Hoskinson Reaffirms Cardano Focus After IO Treasury Proposals Pass

Cardano's community treasury vote has ratified the "Developer Experience Initiative" proposed by Input Output (IO), securing funding for a six-month project to improve developer tooling and onboarding. The proposal passed with 67.90% approval, marking a governance win for founder Charles Hoskinson. He framed the vote as a critical response to developer complaints about fragmented tools and documentation, and a test of Cardano's post-Voltaire governance system, which he declared "real" and functional. The result coincided with Hoskinson publicly reaffirming his "100%" focus on Cardano and its privacy-focused sidechain, Midnight, following news of the closure of a separate personal healthcare venture. He emphasized the importance of ecosystem coordination among key organizations and committed to increased visibility for Cardano and Midnight at upcoming industry events. The broader funding round delivered a mixed outcome, with several other IO proposals failing to pass, indicating the community's selective support for core development work over other infrastructure and ecosystem spending requests.

bitcoinistHace 2 días 09:02

Hoskinson Reaffirms Cardano Focus After IO Treasury Proposals Pass

bitcoinistHace 2 días 09:02

What Are The 1% Cardano Investors Doing? Crypto Pundit Breaks It Down

Despite market volatility and Cardano's price dropping below $0.25, analysis reveals significant activity from the top 1% of ADA investors. Crypto pundit Cheeky Crypto notes that while retail investors capitulate, wealthy whales are aggressively accumulating ADA, likely anticipating overlooked institutional infrastructure developments. This coincides with strong network growth: Total Value Locked (TVL) has risen roughly 42% since mid-September 2025, and weekly DEX volume is up nearly 40%. Furthermore, the Cardano network recently achieved a new milestone, surpassing 121 million lifetime transactions, indicating sustained investor confidence and increasing network activity.

bitcoinistHace 2 días 05:31

What Are The 1% Cardano Investors Doing? Crypto Pundit Breaks It Down

bitcoinistHace 2 días 05:31

Hoskinson Warns Cardano Could Lose Its ‘Science Coin’ Edge

Charles Hoskinson warns that Cardano risks losing its identity as the "science coin" if DReps fail to approve a key research funding proposal. He explains the ecosystem is in "treasury season" with a tougher funding environment, requesting $52 million this year versus $98 million last year, leading to cuts and layoffs. Hoskinson argues Cardano's research program is its "spine and backbone," responsible for its differentiation through work on proof-of-stake, extended UTXO, Plutus, and academic collaborations. He rejects calls to selectively fund parts of the research group, warning that treating researchers as commodities could lead to an irreplaceable talent drain to better-funded rivals. Hoskinson ties research funding to Cardano's long-term investment case, stating that without it, the project would lose a core value proposition. He ends with a direct appeal to DReps to vote for the proposal, calling it a necessary foundation for Cardano's future.

bitcoinist05/21 16:03

Hoskinson Warns Cardano Could Lose Its ‘Science Coin’ Edge

bitcoinist05/21 16:03

Did The Cardano Founder Help To Derail XRP’s Growth? Ripple Community Draws Out Hoskinson

A Ripple community member accused Cardano founder Charles Hoskinson of being involved in the "ETHgate" saga, alleging it helped derail XRP's growth. The ETHgate refers to claims that the U.S. SEC favored Ethereum by not classifying it as a security, while suing Ripple over XRP's status. The member suggested this hampered XRP's price performance. Hoskinson defended himself, noting he left Ethereum in 2014 due to disagreements and has since been critical of the network. He questioned how he could later conspire with Ethereum against XRP. The accuser later admitted the claim was based on hearsay and expressed hope for the truth to emerge. The discussion originated from a debate about the CLARITY Act, a crypto market structure bill that recently advanced in the Senate. Hoskinson warned the bill is imperfect and could allow the SEC to classify new projects as securities. The accuser stated support for the bill, hoping it would enable both ADA and XRP to rally. Ripple's CEO commented that XRP's status is already clarified by a prior court ruling, regardless of the bill's passage.

bitcoinist05/18 18:32

Did The Cardano Founder Help To Derail XRP’s Growth? Ripple Community Draws Out Hoskinson

bitcoinist05/18 18:32

Crypto Systems Could Be Outpaced By Quantum Tech By 2033, Says Hoskinson

Cardano founder Charles Hoskinson warns that quantum computers could break current blockchain cryptography by 2033, with a probability exceeding 50%. He highlighted Bitcoin Improvement Proposal (BIP) 361 as a potential path for Bitcoin to migrate to quantum-resistant addresses. Most blockchains, including Bitcoin, rely on encryption vulnerable to quantum attacks. Cardano is proactively researching lattice-based cryptography and plans to adopt federal quantum-resistant standards (FIPS 203-206), leveraging its scheduled annual hard forks for seamless upgrades. Hoskinson noted that while Cardano's transition could be straightforward, Bitcoin's path is less clear due to its slower, more contested upgrade process. The broader crypto industry faces an urgent deadline to overhaul its security systems.

bitcoinist05/18 06:46

Crypto Systems Could Be Outpaced By Quantum Tech By 2033, Says Hoskinson

bitcoinist05/18 06:46

Cardano (ADA) Could Launch New Bull Phase With Investor Confidence On The Rise

Cardano (ADA) has broken above $0.25, showing signs of a potential new bullish phase. Analyst Ali Martinez highlights a buy signal from the SuperTrend Indicator on the daily chart, suggesting the end of a corrective period. He predicts a surge toward $0.33, with a secondary target of $0.42, provided ADA holds the $0.25 support level. On-chain data reveals key stakeholders, or "sharks and whales," have been accumulating ADA since December 2023, with addresses holding over 1 million ADA now controlling 67.47% of the supply. This accumulation during a period of discounted prices is seen as a boost for investor confidence and could support a sustained upward price movement.

bitcoinist05/16 05:02

Cardano (ADA) Could Launch New Bull Phase With Investor Confidence On The Rise

bitcoinist05/16 05:02

Cardano Founder Says ‘Leios Is Coming’ As Proposal Heads To DReps

Cardano founder Charles Hoskinson announced progress on the Leios consensus upgrade as a ₳27.7 million funding proposal moves toward DRep approval. The proposal seeks to advance Leios from a public testnet prototype to a mainnet-ready release candidate, aiming to increase Cardano's transaction capacity by 10–65x to support its 2030 scaling goals of handling over 27 million monthly transactions. The upgrade enhances, rather than replaces, the existing Ouroboros Praos protocol. The six to nine-month project is structured around development, rigorous testing, and hard-fork enablement, with funding managed via milestone-based disbursements. The proposal acknowledges risks including community readiness, governance dependencies, and potential operational impacts on stake pool operators.

bitcoinist05/15 16:02

Cardano Founder Says ‘Leios Is Coming’ As Proposal Heads To DReps

bitcoinist05/15 16:02

Cardano Millionaire Wallets Reach Record 25B ADA Holdings

Cardano's millionaire-tier wallets, holding at least 1 million ADA (approx. $262,400), have accumulated to a new all-time high of 25.09 billion ADA, according to on-chain data from Santiment. This represents about 67.47% of the total supply. Notably, this accumulation has persisted through the recent bearish market, during which ADA's market cap has fallen 71% over nine months, suggesting large investors are buying at discounted prices. In related news, Bitcoin sharks and whales have also added over 50,000 BTC in the past month. While large holders accumulate, smaller retail entities have shown net selling. At the time of reporting, ADA is trading around $0.264, down 1.9% in 24 hours.

bitcoinist05/15 09:04

Cardano Millionaire Wallets Reach Record 25B ADA Holdings

bitcoinist05/15 09:04