Charles Hoskinson, the creator of Cardano, recently praised Algorand’s blockchain and suggested a potential partnership to advance decentralized AI technology.
He believes that combining Algorand’s platform with an AI-optimized proof-of-work system could position Algorand as a leader in decentralized AI.
Hoskinson has expressed enthusiasm for collaborating with Algorand to enhance Cardano’s Minotaur project.
Algorand’s CTO, Gary Malouf, showed interest in the proposal, indicating that this isn’t their first discussion about AI capabilities. IOHK’s CTO, Romain Pellerin, also welcomed the idea, though the partnership remains in preliminary talks.
Chang Hardfork Delay Cardano’s Chang hardfork, which aims to overhaul its governance model, has been delayed by four days to September 1. This update, crucial for launching the Voltaire era, has seen some criticism from Hoskinson towards major exchanges like Binance for not yet confirming their support.
Meanwhile, Cardano’s ADA token has risen 4% to $0.40, though the hardfork delay might affect its momentum.
BNY Mellon, the largest custodian bank in the U.S., has reportedly secured an exemption from the SEC’s Accounting Bulletin 121 for its institutional crypto custody operations.
Charles Hoskinson, co-founder of Cardano and Ethereum, has raised concerns about how former President Donald Trump and Vice President Kamala Harris approach cryptocurrency policy.
The Bank of Canada has announced that it is winding down its efforts on retail central bank digital currency (CBDC), as per an update on its website.
Circle is preparing for its initial public offering (IPO) and is set to relocate its headquarters to Wall Street in 2025, according to CEO Jeremy Allaire.