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Friday, May 2, 2025

Charles Hoskinson Works on “Something Really Cool,” Here’s Big “If” in LUNC Burning Mechanism: Crypto News Digest by U.Today - U.Today

U.Today has prepared a summary of the top four news stories over the weekend. Don’t miss anything important in the crypto industry!
Is Cardano expanding? Charles Hoskinson is working on “something really cool” in Papua New Guinea
In his Friday tweet, Cardano creator Charles Hoskinson informed his followers that he is currently in Papua New Guinea, “working on something really cool.” He did not provide any details on what exactly he is working on; however, judging by Hoskinson’s travels in the past, it could be a new Cardano project. Back in October 2021, the IOG co-founder went on a “pan-African tour,” visiting several African countries, including Nigeria and Zanzibar. Since then, Cardano has invested in several African blockchain and fintech start-ups, among which was Afriguild, a local blockchain gaming guild and decentralized autonomous organization (DAO).
There is a big "if" in the LUNC burning mechanism that caused the most recent market pump
At the beginning of September, the...



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