The Cardano CEO, Charles Hoskinson, recently denied any of the hype which was seen in the Cardano ADA news on the potential talks with MasterCard or plans to partner with the payment processor. We can now see that the Cardano CEO denies all of these plans on behalf of the official account of the company, stating:
“Dear Community — Cardano Foundation and its partners are not in any kind of talks or discussions with MasterCard on joint projects. Any claims otherwise are false and do not correspond with reality. Please beware of fake statements and follow our official channels.”
Dear Community — Cardano Foundation and its partners are not in any kind of talks or discussions with MasterCard on joint projects. Any claims otherwise are false and do not correspond with reality.
Please beware of fake statements and follow our official channels.
— Cardano Foundation (@CardanoStiftung) May 26, 2020
Furthermore, the organization tweeted how they want to remind everyone to “always check the official sources and profiles such as @CardanoStiftung, @InputOutputHK, and @emurgo_io – “to make sure unnecessary confusion and hype are avoided.”
Despite this open announcement, some of the people continue to think that Cardano is trying to keep their deal with MasterCard confidential. Some even think that once the word got out in the cryptonews, it was a mistake. Still, many people would like to see this happening – one comment implies that “MasterCard does not issue cards, issuing banks do, MasterCard is not involved in the process… so technically, the statement is crafted well enough to be true.”
However, for all we know, the Cardano CEO denies any of these links to MasterCard. On the other hand, we have analysts such as Sydney Ifergan who believe in ADA’s potential.
— Sydney Ifergan (CryptoSYD) (@SydneyIfergan) May 27, 2020
Yet another commentator felt the kind of acknowledgement from people like Justin Sun will help feel the entire thing as complete. Input Output is the name of the analyst who tweeted that Cardano is getting very close to launching Shelley – a project which the Cardano CEO Charles Hoskinson announced earlier this month.
We're two weeks in now to the rollout of our #Shelley Haskell testnet and things are going well. Here's an update from head of #Cardano Delivery, Christopher Greenwood, on the progress so far during this first 'Friends & Family' phase https://t.co/JD6oX5mV7y pic.twitter.com/mEamJ9ac5m
— Input Output (@InputOutputHK) May 25, 2020
Meanwhile, news from the market show that today is a good day for crypto. Bitcoin (BTC) is leading the way with gains of 3.17%, followed by ETH and its rise to $2017 at press time. Meanwhile, the price of Cardano (ADA) is at the 11th position with gains of 4.60%, making it one of the best performing altcoins today.
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Traders are apparently capitalizing on the fact that there are plenty of rumors around Cardano (ADA) and waiting for a bullish run in the Cardano news.
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