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One of the most outrageous failures in the history of privacy tech just got confirmed.

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Cardano (ADA) has plummeted below $0.16 for the first time since December 2020 following a shocking announcement from founder Charles Hoskinson that he is "taking a break" amid an impending "wave of failures" across the ecosystem.

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The market's momentum is negative, which is very unlikely to cause a substantial recovery.

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Bankless co-founder Ryan Sean Adams has warned that the network is fundamentally a "failed project" unless ETH serves as a trillion-dollar global store of value.

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The financial world is harshly scrutinizing Michael Saylor's Strategy Inc. after the company recorded a historic $10.8 billion unrealized loss on its Bitcoin holdings.

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