Charles Hoskinson, founder of Cardano, believes there is an ongoing make-believe agenda in the cryptocurrency industry. In a recent video, he stated that certain individuals within the crypto space create deceptive activities to promote specific projects, giving the illusion that these activities accurately represent the industry. Hoskinson mentioned a recent poll that excluded entrepreneurs in the Cardano ecosystem as an example, suggesting that the goal was to generate support for particular projects and individuals. He described such activities as "Kayfabe," staged events that do not reflect the true state of the cryptocurrency industry.
**Alleged Fake Scenario in the Cryptocurrency World**
by Giorgi Kostiuk
2 years ago
Made with AI
Other news
China's New Digital Payment System Aims to Challenge US Dollar
China is developing a digital payment infrastructure to facilitate cross-border trade without relying on the US dollar, aiming for dedollarization and financial sovereignty.
Emergence of New Luddite Movement Against AI Data Centers
Tennessee state Rep Justin Pearson has emerged as a leading voice in the New Luddite movement, advocating for moratoriums on data centers and stricter oversight of AI technology.
Nationwide Protests Against AI Data Centers Lead to Arrests
At least 37 individuals have been arrested during protests against AI data centers across the United States this year.
Coinkite's Technical Analysis Reveals Coldcard Vulnerability
Coinkite published a technical backgrounder explaining the vulnerability that led to the Bitcoin theft from Coldcard wallets.
Cardano ADA Sees Notable Price Surge.
Cardano ADA has experienced a significant price rally, with a 62% increase in the last 24 hours, driven by community support and whale accumulation.
Bitmine Immersion Technologies Increases Its Ethereum Assets.
Bitmine Immersion Technologies has purchased an additional 10,399 ETH, bringing its total to 5,797,813 ETH.
Be the first to know about crypto news every day
Get crypto analysis, news and updates right to your inbox! Sign up here so you don’t miss a single newsletter