
Cardano Founder's Bitcoin Proposal Sparks Debate and Divides Crypto Community
On June 13, Charles Hoskinson, the founder of blockchain platform Cardano made an audacious proposal. Specifically, he proposed moving $100 million equivalent of ADA, Cardano’s treasury currency, into Bitcoin and stablecoins. This proposal will enhance Cardano’s decentralized finance (DeFi) capabilities and address a longstanding pain point in its stablecoin ecosystem....