iohk

Cardano’s top exec believes SHIB & DOGE can lead to depression and hyperinflation

Most of the canine cryptocurrencies, especially Shiba Inu and Dogecoin have been victims of online speculations. Despite the surge, many believe these tokens will exist as long as memes trend on the internet. In this development, this renowned figure is the latest individual to address the FUD concerning these “speculative” coins. He even believes that trusting these memecoins would lead to depression and/or hyperinflation. The community got no ‘Calm’ Calm https://t.co/gjTfs7USzr — Charles Hoskinson (@IOHK_Charles) November 18, 2021 Cardano and IOHK chief Charles Hoskinson in the recent Youtube discussion has

COTI to Issue New Stablecoin on Cardano Network

COTI introduced a new algorithmic stablecoin called Djed for Cardano this weekend in an effort to expand decentralized finance (DeFi) on the network.Sponsored Sponsored The Djed stablecoin was announced at a Cardano Summit in Wyoming on Sept 26 by IOHK founder Charles Hoskinson. The enterprise-grade fintech platform COTI will be the official issuer of Djed which will use the new Cardano smart contracts to ensure price stability, the announcement added.Sponsored Sponsored Djed will be entering an already crowded stablecoin market that is dominated by Tether and USD Coin, however, its

Hoskinson says FUD-storm ‘nothing new’ for Cardano

Two things don’t change in the Cardano ecosystem. Regular upgrades, and the IOHK CEO, tackling all the FUD, criticism and comments directed towards Cardano. At press time, ADA was trading at the $2.67 mark, although with a price correction of about 7% in 24 hours. Meanwhile, the team prepared for the upcoming fork that’s scheduled to take place on September 12th. It would potentially introduce smart contracts to the network’s mainnet. Charles Hoskinson, founder of Cardano, took to Twitter to highlight an important issue that was making the rounds on

Cardano: The ERC-20 Converter will go live on the testnet by…

Cardano’s ADA has been trending upwards since the 20 July bottom, with the alt setting higher highs on the charts. According to most, the primary driver behind the same has been a host of significant updates within the ecosystem. The IOHK team shared more updates with the community during the most recent Cardano 360 event. In the video, Cardano’s executives announced that it would launch an ERC-20 converter to bring Ethereum assets to Cardano’s testnet. According to IOHK Project Manager Francisco Landino, the new tool is coming on the testnet

Cardano Founder Charles Hoskinson Calls For Mass Rally Against U.S. Crypto Taxation Bill

Charles Hoskinson, Cardano’s founder and CEO of blockchain research company Input Output Hong Kong (IOHK), has urged the U.S. crypto community to rally against the recently proposed taxation policy. Hoskinson first took it to Twitter earlier this week, calling on digital asset proponents in the U.S. to rally in Washington DC to vent their grievances against the bill. This would be a bid to convince the country’s senators to amend the Internal Revenue Services (IRS) reporting rules for cryptocurrencies. “I think it’s about time we get a rally going in

Ethereum Classic’s Leadership Says They Don’t Need Charles Hoskinson’s Bailout

Cardano (ADA) founder Charles Hoskinson recently offered to help the troubled Ethereum Classic (ETC) community, but it came with a major condition. The community would first have to institute a decentralized treasury system, similar to Hoskinson’s Cardano and many other blockchain projects. If the community did not accept his terms, Hoskinson felt like his help would have been a waste of time and money:“It's not worth my company's time or our strategies to pivot for a grant or a one off payment to go and bail us out. If there