Cardano founder Charles Hoskinson criticized the crypto asset industry for cultural issues over technical problems during a speech in Buenos Aires.
Hoskinson condemned crypto media for spreading unverified allegations and proposed veracity bonds as a solution to ensure accurate reporting.
Legal and reputational pressure mounted on IOG as it faces investigations over ADA diversion during a network hard fork, an accusation Hoskinson denied.
Hoskinson also highlighted legislative developments like the bipartisan GENIUS act and called for a shift towards a moral project in the crypto sector.