Hoskinson Vows to Livestream ADA Audit Report as August Release Nears

Key Points

1. Charles Hoskinson states the audit of IOG's ADA holdings is on track for a mid-August release and plans to livestream the report for transparency.

2. The audit follows allegations of $600M ADA misappropriation, which Hoskinson denies, claiming the majority of ADA was claimed and not unclaimed as accused.

3. Hoskinson mentions discussions with defamation lawyers regarding the allegations and emphasizes IOG's commitment to transparency.

4. Cardano aims to expand its DeFi ecosystem by integrating stablecoins like USDC and USDT, with Hoskinson noting ongoing talks with Circle and Tether.

5. Hoskinson introduced Cardinal, a new protocol designed to bring Bitcoin liquidity to Cardano with low fees and trustless mechanisms, avoiding centralized risks.