{"id":24308,"date":"2023-06-18T16:22:38","date_gmt":"2023-06-18T20:22:38","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/crypto\/cardano-founder-charles-hoskinson-joins-search-for-aliens-and-ufos\/"},"modified":"2023-06-18T16:22:39","modified_gmt":"2023-06-18T20:22:39","slug":"cardano-founder-charles-hoskinson-joins-search-for-aliens-and-ufos","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=24308","title":{"rendered":"Cardano Founder Charles Hoskinson Joins Search for Aliens and UFOs"},"content":{"rendered":"
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The founder of Cardano, Charles Hoskinson, has confirmed on Twitter that he is part of an expedition that is searching for a \u201cmeteor of interstellar origin\u201d that crashed onto Earth from outer space in 2014.<\/p>\n

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The United States Department of Defense verified<\/u> the origin of the meteor back in 2019, and the search for it is being conducted by the Galileo Project, which is a part of Harvard University.\u00a0<\/p>\n

The project is led by Harvard professor Avi Loeb and his student Amir Siraj.<\/p>\n

Cardano founder invests in search for aliens<\/h2>\n

Back in March 2023, Charles Hoskinson, the founder of Cardano, invested $1.5 million in the Galileo Project.<\/p>\n

On June 16th, Hoskinson confirmed his presence with the researchers on the coast of Papua New Guinea in the Pacific Ocean, sharing updates through a series of Tweets.<\/p>\n

In one of his tweets<\/u><\/a>, he mentioned that there was still much ground to cover and that they hadn’t yet started using the sluice sled.<\/p>\n

Meanwhile, Loed, another member of the expedition, is maintaining a blog where he provides daily updates on the progress of the expedition so far.<\/p>\n

In a post dated June 16th, he mentioned the discovery of a manganese-platinum wire with a unique abundance pattern that differs from commonly available commercial products.<\/p>\n

The scientists involved in the expedition have a strong belief in the existence of alien life and speculate that the meteor that crashed into the ocean is actually a fragment of an unidentified flying object.<\/p>\n

Cardano founder invests in more fun projects<\/h2>\n

Hoskins is known for investing in quirky, fun projects that look to overstep the boundaries of the known.<\/p>\n

In March 2022, the Cardano founder said that he invested in a project aiming to resurrect the woolly mammoth with aims of bringing blockchain into the \u201cfield of de-extinction\u201d.<\/p>\n

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How is ADA holding up?<\/h2>\n

Cardano’s native cryptocurrency, ADA, has experienced a decline in value over the past few weeks. According to CoinMarketCap data, the token has lost approximately 1.72% of its value in the last week.\u00a0<\/p>\n

From June 1, 2023, when it was priced around $0.3751, ADA has dropped to about $0.2766 on June 18, 2023, marking a decrease of 18.9% this month.<\/p>\n

The recent bearish price action of ADA can be attributed to the ongoing lawsuits<\/u> faced by Binance and Coinbase from the US Securities and Exchange Commission (SEC).<\/p>\n

These legal challenges have caused concerns among investors, leading some to sell the cryptocurrency they were holding, including ADA.<\/p>\n<\/p><\/div>\n