Author: Cardano Feed

Charles Hoskinson says Cardano will set the industry standard for DeFi protocols with the newly announced Cardano DeFi Alliance. The alliance will be able to weed out poor-quality applications and he will attend their meeting next year. Charles Hoskinson, CEO of Cardano developer Input Output HK, live streamed today about the future of DeFi and gave an overall update on Cardano. Watch below. He claimed that many users in the DeFi space are tired of the subpar quality of dApps and even mentioned that losses from scams and hacks (mostly in the Ethereum space) were over $10.5 billion in 2021.…

Charles Hoskinson, founder of IOHK, the foundation behind Cardano has stated that he will “build a financial operating system” in Q2 2022 that will give Africans access to DeFi services such as loans. He disclosed this while Speaking on Cardano’s plan for the year 2022 and achievements of the past via a live Christmas broadcast on Youtube. Hoskinson reflected on the growth of Cardano and the entire crypto industry. He mentioned the non-fungible token (NFT) revolution, the Decentralized Finance (DeFi) boom, and how hackers are targeting DeFi projects, leading to a loss of over $10.5 billion in 2021 alone. He…