The US Securities and Exchange Commission (SEC) listed Cardano and 36 other cryptocurrencies as securities in its civil lawsuits against Coinbase and Binance. Ethereum and Bitcoin were notoriously absent from the list after the SEC unofficially speculated that Bitcoin was a commodity. Debate on Ripple (XRP) Must Be Legally-Based Maximalists…
Charles Hoskinson, the founder of Cardano, recently voiced his frustration with the U.S. Securities and Exchange Commission (SEC) for labeling ADA, Cardano’s native token, as a security. This reaction comes from the SEC’s ongoing litigation against prominent cryptocurrency exchanges like Kraken, Binance, and Coinbase, where ADA has been repeatedly cited…
Cardano founder and Ethereum co-creator Charles Hoskinson criticized Vitalik Buterin in a tweet on Nov. 25 for not acknowledging Cardano (ADA) for its innovations in staking. Hoskinson’s remarks followed a recent interview, where Buterin discussed the Ethereum roadmap and proposed redesigning Ethereum’s (ETH) staking system to combat issues around centralization.…
It was an action-packed weekend all inside the biggest technological giant company. Sam Altman faced a dramatic exit from his CEO position due to communication discrepancies with the board, even though he raised the company from $0 to $80B. This departure marks a series of shifts in the boardroom since…
The polling event will solicit feedback from the Cardano community on the progress toward Cardano’s goal of becoming a self-sustaining system. The Cardano Foundation, Intersect, and Input Output Global developed the Ballot technology. Cardano Ballot Last Step to Autonomy To participate in the poll, users will have to stake Cardano…
OpenAI recently announced a shocking leadership change with Sam Altman being ousted as CEO. After five years of being at the helm of taking OpenAI from a $0 to $80 billion valuation, the AI company is now at a crossroads with Altman departing and former Chief Technology Officer (CTO), Mira…