Charles Hoskinson won't shut up about fake accounts. The Cardano founder spent March 31 ripping apart how social media platforms handle identity verification, calling current systems pretty much useless against determined fraudsters.
In a recent post on X, Cardano founder Charles Hoskinson shared a surprising issue that revolves around identity, which may apply to everyone: he had trouble proving he was really himself on social media.
Cardano price fell 4% even as its privacy-focused partner chain Midnight successfully completed its mainnet launch. According to data from crypto.news, Cardano (ADA) price fell over 4% from $0.25 to $0.24 last check on Tuesday, March 31.
Banks are exploring Cardano's (CRYPTO: ADA) Midnight partner chain for institutional blockchain infrastructure because it offers programmable privacy and front-running protection that Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) can't provide natively. The Three Banking Requirements Institutions need three things from blockchain that public chains struggle to deliver: privacy with selective disclosure, execution predictability without MEV extraction, and compliance tooling that doesn't broadcast sensitive information to the entire world.