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Altcoins & DeFi

Big Pey Says Hoskinson May Shift Focus From Cardano (ADA) to Midnight

Image: TokenPost

ADA content creator Big Pey says Charles Hoskinson may be shifting more of his time and resources from Cardano (ADA) toward Midnight because of repeated disputes with Cardano institutions. Big Pey says the Cardano Foundation has repeatedly impeded Hoskinson’s initiatives. He also criticized EMURGO after a hack involving its DeFi project, SecondFi, and described the organization as incompetent. His criticism came after the incident; it did not establish that EMURGO was responsible for the hack. TokenPost previously covered Hoskinson’s position on SecondFi losses . Big Pey’s claim concerns a possible change in how Hoskinson allocates his attention, funding and development effort. He portrays Midnight as an opportunity to work around institutional and organizational problems he sees in Cardano. The claim does not describe a complete break with the ecosystem.

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