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Cardano’s Long-Awaited Chang Hard Fork Upgrade Scheduled for September 1st

Cardano’s Long-Awaited Chang Hard Fork Upgrade Scheduled for September 1st

A date has been set for the Cardano (ADA) blockchain to go ahead with its long-awaited Chang hard fork. In a post on the social media platform X, the Cardano Community says that the Chang upgrade will move forward on September 1st. The blockchain’s community leaders, the Cardano Foundation, development firm Input Output Global and […]

The post Cardano’s Long-Awaited Chang Hard Fork Upgrade Scheduled for September 1st appeared first on The Daily Hodl.

John Carvalho Wants to Get Rid of ‘Sats’

Charles Hoskinson Fears Dystopia and ‘Death of American Cryptocurrency Industry’ If Kamala Harris Is Elected

Charles Hoskinson Fears Dystopia and ‘Death of American Cryptocurrency Industry’ If Kamala Harris Is Elected

Cardano (ADA) founder Charles Hoskinson believes a Kamala Harris victory in November is bad news for the United States. Hoskinson says on the social media platform X that he fears if Democrat nominee Kamala Harris wins the presidential race, it could be a death knell for the crypto industry in the US. It is Hoskinson’s […]

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John Carvalho Wants to Get Rid of ‘Sats’

A Vote for Harris Is a Vote Against American Crypto Industry, Says Cardano Founder Charles Hoskinson

A Vote for Harris Is a Vote Against American Crypto Industry, Says Cardano Founder Charles Hoskinson

Cardano (ADA) founder Charles Hoskinson is issuing a warning to the crypto industry as the 2024 US presidential election enters the final three months. Hoskinson says on the social media platform X that the administration of President Joe Biden and Vice President Kamala Harris continues to wage war on the crypto industry. According to the […]

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John Carvalho Wants to Get Rid of ‘Sats’

Harris campaign’s crypto ‘reset’ questioned amid Fed crackdown

Critics argue that the US Federal Reserve’s actions are a significant overreach and could stifle innovation in the cryptocurrency sector.

The enforcement action taken by the United States Federal Reserve against the crypto-friendly Customers Bank has sparked speculation that Vice President Kamala Harris’ presidential campaign may not be genuine in its efforts to mend relations with the cryptocurrency industry.

On Aug. 9, Gemini co-founder Tyler Winklevoss took to X to highlight the Fed’s actions. “Today, the Fed confirmed that Operation Choke Point 2.0 remains in full swing, provided valuable insight into how it works, and verified that the Harris crypto ‘reset’ is a scam,” Winklevoss said.

The Fed’s 13-page enforcement action against Customers Bank mandates it to provide a 30-day advance notice before entering any new banking relationship with a cryptocurrency company.

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Bitcoin as a US reserve asset is ‘great for price’ but poses significant risks — Charles Hoskinson

While a strategic Bitcoin reserve may be good for price action, the US Treasury controlling 19% of the BTC supply raises unprecedented centralization concerns.

The idea of Bitcoin becoming the reserve asset of the United States poses significant centralization risks for the world’s first cryptocurrency despite being an optimistic price catalyst, according to Charles Hoskinson.

Making Bitcoin a reserve asset for the US was recently floated by presidential candidate Robert F. Kennedy Junior, who said that he would sign an executive order for the US Treasury to purchase a total of 4 million Bitcoin (BTC) worth over $242 billion at today’s valuation.

Notably, that would represent 19% of the Bitcoin supply, said Charles Hoskinson, co-founder of Input Output Global and Cardano.

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Cardano About To Witness ‘Most Significant Milestone’ As It Gears Up for Chang Hard Fork: Charles Hoskinson

Cardano About To Witness ‘Most Significant Milestone’ As It Gears Up for Chang Hard Fork: Charles Hoskinson

Cardano (ADA) co-founder Charles Hoskinson is outlining the timeline for the layer-1 blockchain’s Voltaire phase, the fifth stage of the 11th-largest crypto asset’s roadmap. Hoskinson says that a new Cardano node which will usher in two Chang upgrades is ready for deployment. The first Chang upgrade, Chang Upgrade 1, will introduce governance features on Cardano […]

The post Cardano About To Witness ‘Most Significant Milestone’ As It Gears Up for Chang Hard Fork: Charles Hoskinson appeared first on The Daily Hodl.

John Carvalho Wants to Get Rid of ‘Sats’

Cardano’s Voltaire era nears with June hard fork milestone

Chang will be the first hard fork in the final era of Cardano’s roadmap, introducing community-run governance and on-chain community consensus.

Charles Hoskinson, creator of the open-sourced blockchain platform Cardano, anticipates a major event in June in the Cardano ecosystem.

On June 9, Hoskinson announced on X that Cardano’s upcoming Chang fork is approaching quickly and that Cardano Node will likely reach version 9.0 this month.

That means the Cardano blockchain is ready for the hard fork and is now waiting for 70% of stake pool operators (SPO) to install the new node.

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Hoskinson Laments the Disconnect Between Public Perception of Cardano and Its Fundamentals

Hoskinson Laments the Disconnect Between Public Perception of Cardano and Its FundamentalsThe Cardano blockchain co-founder, Charles Hoskinson, has expressed frustration over what he perceives as a disconnect between the public perception of Cardano—shaped by influencers and media—and the project’s actual progress and fundamentals. Hoskinson highlighted technological advancements such as Hydra, the development of partner chains, and many community events as some of Cardano’s achievements. Despite these […]

John Carvalho Wants to Get Rid of ‘Sats’

President Joe Biden is trying hard to ‘kill crypto,’ says Cardano founder

“A vote for Biden is a vote against the American cryptocurrency industry,” said Charles Hoskinson in a video that lashed the White House for its ongoing treatment of crypto in the United States.

Cardano founder Charles Hoskinson has lashed out at United States President Joe Biden, claiming that he’s making a concerted effort to kill the crypto industry in the United States.

In a May 9 video posted to X, Hoskinson said it was “unambiguously clear” the Biden administration is trying its best to “destroy the American cryptocurrency industry.”

He said that over the past few years, the U.S. government had “hurt [the crypto] industry in every way possible,” citing the restricted access to bank accounts, the Securities and Exchange Commission’s (SEC) policy of regulation by enforcement — and most recently — the White House “obstructing” the legislative process.

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John Carvalho Wants to Get Rid of ‘Sats’