Cardano Founder Charles Hoskinson – In a recent development, Charles Hoskinson, the visionary behind Cardano, has revealed his involvement in an extraordinary expedition. The mission focuses on the search for a peculiar “celestial relic” that originated from outside our solar system and collided with Earth in 2014.

While the United States Department of Defense officially confirmed the meteor’s extraterrestrial origin back in 2019, the Galileo Project, a division of Harvard University, has taken up the mantle to pursue its recovery. Spearheaded by Harvard professor Avi Loeb and his student Amir Siraj, the project has attracted the attention of Hoskinson.

Cardano – Investing in Alien Exploration

During March of this year, Charles Hoskinson made a significant investment of $1.5 million in the Galileo Project, solidifying his commitment to scientific endeavors beyond the realm of blockchain technology. Hoskinson’s enthusiasm for cutting-edge projects is well-known, and his decision to support the search for extraterrestrial artifacts aligns with his unyielding curiosity.

Cardano – Sharing the Latest Developments

On June 16th, Hoskinson delighted his followers on Twitter by announcing his presence on the shores of Papua New Guinea in the Pacific Ocean. In a series of captivating tweets, he provided firsthand updates from the ongoing expedition. Hoskinson emphasized the vastness of the search area, mentioning that the team had yet to deploy the sluice sled, a crucial tool in their quest.

Blog Chronicles Unveilings

While the expedition is in progress, Avi Loeb, one of the members involved, maintains an informative blog chronicling the team’s daily activities. In a recent post dated June 16th, Loeb shared an intriguing find—a manganese-platinum wire exhibiting an unprecedented abundance pattern, distinct from commercially available products. The scientists’ conjecture that the meteor harbors fragments of an unidentified flying object fuels the excitement surrounding this remarkable discovery.

Unconventional Ventures Continue

Charles Hoskinson has gained renown not only for his pioneering work in the blockchain space but also for his penchant for unconventional ventures. In 2022, he revealed his investment in a project aimed at resurrecting the woolly mammoth, blending blockchain technology with the daring field of de-extinction. His latest foray into extraterrestrial exploration further solidifies his reputation as an individual unafraid to explore uncharted territories.

ADA’s Performance Amid Challenges

Amidst recent developments, Cardano’s native cryptocurrency, ADA, has experienced a downward trend in value. Over the past few weeks, ADA has seen a decline of approximately 1.72%, as reported by CoinMarketCap. From its price of around $0.3751 on June 1, 2023, ADA has fallen to approximately $0.2766 on June 18, 2023, marking an 18.9% decrease for the month.

The declining value of ADA can be attributed to ongoing legal battles involving prominent cryptocurrency exchanges such as Binance and Coinbase, who are facing lawsuits from the US Securities and Exchange Commission (SEC). These legal challenges have raised concerns among investors, prompting some to divest their holdings, including ADA.

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