CARDANO DRAMA: CHARLES CLAPS BACK, ADA TAKES A HIT

Charles Hoskinson hit 𝕏 to set the record straight: "No ADA was ‘given’ to IOG. We earned it all... it was worth $8M in 2015." 

The clapback comes as critics question IOG’s ADA holdings and ecosystem progress.

Now, big players like Circle and Tether are hesitant to back ADA, citing low dApp activity and weak volume.

ADA’s price is now down to $0.97, but Cardano devs are betting on BitcoinOS ($1.4T liquidity) and Midnight scaling tech to turn things around.

Source: CoinGape