Input Output Group warned Cardano users to avoid its YouTube channel after it was hijacked and began livestreaming a suspected AI-manipulated video of Charles Hoskinson promising to double viewers' wealth in a cryptocurrency scam.
Cardano's ADA token fell to a 5-6 year low on Wednesday as TapTools, a major analytics platform in the ecosystem, announced it will wind down operations within two weeks. Founder Charles Hoskinson warned of a 'wave of failures' facing the Cardano ecosystem amid declining market conditions.
Cardano founder Charles Hoskinson releases a video calling BIP-361 a mischaracterized soft fork that would render 1.7 million BTC permanently unrecoverable. He tweets "Have fun stealing Satoshi's coins" directly at supporters of the proposal and argues Bitcoin's lack of on-chain governance makes the quantum problem unsolvable, while positioning Cardano's governance model as the alternative.
