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
0
Other news
Zcash Surges to New High as Institutional Interest Grows
Zcash (ZEC) has surged to a new year-to-date high of 590, driven by significant institutional investment from Multicoin Capital.
Sabadell Joins European Banking Consortium for Stablecoin Initiative
Spanish bank Sabadell has joined the Qivalis consortium aimed at launching a Europe-pegged stablecoin.
Ripple CEO Highlights Critical Hearing for CLARITY Act's Future
Ripple CEO Brad Garlinghouse emphasizes the importance of the upcoming Senate Banking Committee hearing for the CLARITY Act's progress.
Bitcoin Holds Steady Above 80,000 as Market Recovery is Tested
Bitcoin's price remains above 80,000, indicating a recovery from March lows, with differing behaviors observed among large holders.
Gerstein Harrow LLP Files Restraining Notice Over Ethereum Linked to Kelp DAO Hack
Gerstein Harrow LLP has filed a restraining notice in a New York district court, claiming legal rights to approximately 30,766 Ethereum frozen after the Kelp DAO hack.
Aave Takes Legal Action to Release Frozen Ethereum in Kelp DAO Hack Case
Aave has filed an emergency motion in a New York district court to vacate a restraining notice blocking the Arbitrum DAO from accessing approximately 30,766 Ethereum frozen after the Kelp DAO hack.
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