Crypto

Cardano Slumps to 5-Year Low Price as Charles Hoskinson Warns of ‘Wave of Failures’

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In brief

  • The price of Cardano (ADA) fell to a more than five-year low on Wednesday as Bitcoin and other top coins sank.
  • Founder Charles Hoskinson warned that the ecosystem is in trouble amid declining market conditions.
  • Cardano analytics firm TapTools is shutting down. Hoskinson said community…

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