Where Did Cardano’s 1,096 Bitcoin Go? Hoskinson Finally Responds

The post Where Did Cardano’s 1,096 Bitcoin Go? Hoskinson Finally Responds appeared first on Coinpedia Fintech News A Bitcoin transaction from Cardano’s early days has raised new questions within the community.

The payment involved 1,096 BTC, worth about $454,000 in 2016 but nearly $70 million today.As questions grew over how the funds were used, Cardano founder Charles Hoskinson responded, saying the Bitcoin was spent on a crowdsale audit and payments to independent …