Cardano's Charles Hoskinson reveals $3 billion unrealized loss in crypto rout

He stressed long-term commitment, prioritizing the development of decentralized systems over short-term price fluctuations. What to know : Cardano founder Charles Hoskinson revealed over $3 billion in unrealized losses during the crypto downturn, emphasizing that founders are not immune to market effects. He stressed long-term commitment prioritizing building decentralized systems over short-term price changes. Hoskinson intends to maintain his positions and views the selloff as a transition for financial systems, citing Cardano projects like Starstream and Midnight focused on data integrity and privacy.