Hoskinson Fires Back at Ark Invest Director Over Cardano Criticism
Cardano founder Charles Hoskinson has hit back at criticism from Ark Invest's Director of Research, Lorenzo Valente. In an X post, Valente questioned why Cardano continues to receive industry attention and criticized its continued prominence in the space.
Valente claimed that the crypto sector undermines its own credibility by inviting Cardano founder Charles Hoskinson to conferences, accepting sponsorships from Cardano, and featuring it on podcasts. He wrote: 'It's 2026, and we're still talking about Cardano... We deserve the reputation we have. No serious industry keeps rewarding irrelevance like this.'
Hoskinson responded by pointing out Valente's personal bias, suggesting that his comments reflect a subjective opinion rather than an objective assessment of Cardano.