Hoskinson undertakes the ADA report, which is close to the August version star-news.press/wp
Evolution journalist
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Evolution journalist
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Involve
Cardano Charles Hoskinson says that ADA Global (IOG) review is approximately ready for the general version, with plans to broadcast the full report once it is done.
Main meals:
- Charles Hoskinson says IOG’s Ada Holdings Auditing on the right path for mid -August release.
- Auditing follows serious allegations about ADA’s embezzlement of $ 600 million, which Hoskinson denies.
- Hoskinson plans legal procedures against the accused.
in The last post on xHoskinson said the report “is formed quickly” after he requested more context and transparency in many major sections.
“I think we are on the date of the release of mid -August, on the assumption that the work is continuing at this pace and there is no delay,” Hoskinson said on Saturday.
Hoskinson faces scrutiny amid a narrow allegations of $ 600 million
Auditing follows a wave of accusations settled earlier this year, including allegations that Hoskinson had mixed $ 600 million in Ada by manipulating the Kardano notebook.
One of the allegations made by NFT MASATO ALEXANERDER, Hoskinson, was accused of using the “Genesis Key” to control $ 619 million during the Solid Alegra in Kardano 2021.
Hoskinson denied these allegations and said he was “severely” in the erosion of confidence within society.
He wrote in May: “IOG has not given itself 350 million ADA that is not demanding. This is a lie,” he wrote in May. “The vast majority has been called, and the remaining seven years remained, was donated to the intersection.”
Hoskinson pledged to conduct a general audit through a dedicated website and said that direct reading would provide complete transparency. The site will also include “historical artifacts of sale”.
Besides scrutiny, Hoskinson thinks about legal options against those who made these allegations. “The meeting with the defamation law firm next week to discuss options and strategy,” he said.
At the time of this report, ADA is trading at $ 0.8842, an increase of more than 5 % during the past day, according to data from CoinMarketCap.
The distinctive symbol increased by more than 51 % during the past month, but it remains a decrease of 73 % compared to the highest level ever at $ 3.10 registered in early 2021.
Cardano aims to expand Defi with Stablecoin conversations
Earlier this month, Hoskinson confirmed conversations with Circle and Tether to bring Stablecoins USDC and USDT to Cardano.
While the Cardano community believes that this is a bullish development, Hoskinson warned that the addition of Stablecoins alone will not revolutionize the ecosystem.
Hoskinson argued that the presence of Major Stablecoins will not “Supercharge Supercharge” defi Space.
Instead, he emphasized the need for constituent infrastructure and the user’s reliance to develop the ecosystems behind the noise.
Last month, Hoskinson Cardinal, a new protocol designed to bring Defi by Bitcoin to Cardano.
Bitcoin’s protocol allows access to Cardano smart contracts and low fees, while maintaining BTC liquidity and unreliable nature.
Cardinal uses a non -trustee packaging model on Musig2, HTLCS and BitvmX to create a wrapped BTC and a ceremony for conjugation, borrowing and trading.
These assets are linked 1: 1, convertible, refundable with fraud-resistant fraud mechanisms-avoiding rehabilitation and central incubation risks.
The protocol aims to block Bitcoin capital with Cardano’s programming capacity, and is compatible with other layer 1 chains.
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2025-07-21 07:39:00
