Solana Foundation Exec Slams XRP Hype: ‘Show Me the Data’
Solana Foundation executive Vibhu Norby ignited a fresh round of cross-ecosystem debate this weekend, challenging XRP supporters to ground their bullish narratives in verifiable network metrics rather than aspiration. In a series of posts on X, Norby said he “want[s] Ripple and XRP to succeed at an insane degree,” but argued that “the community does […]
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The Bitcoin strategy continues to dominate the airwaves, but internationally, another cryptocurrency is gaining steam. Hong Kong-based MemeStrategy became the first publicly traded company to invest in Solana. Its stock promptly jumped 20% (and 45% in the last 5 days), an indication of just how much hype is building behind the Solana ecosystem. It’s not […]
Arthur Hayes, the co-founder of BitMEX, has exited his HYPE holding and signaled the cash will help cover a Ferrari deposit after a sizable on-chain sale late this week. Related Reading: Coinbase Faces Customer Fury — Exec Promises To Do Better Based on reports, the move saw Hayes convert a large HYPE stake into roughly […]
Northern Data’s revenue has hit the 180-220 million Euros mark this year, according to their 2021 YTD disclosure. The firm’s Chief Executive Officer (CEO), Aroosh Thillainathan, expressed his firm’s pleasure at providing the update, which comes after a period of uncertainty around Northern Data’s annual report. The report is Northern Data’s first since acquiring Decentric […]
Bitwise’s CEO, Matt Hougan, believes that ‘Solana is the new Wall Street’, as the ecosystem is quickly becoming the investor-favorite for tokenization and stablecoin-related activity. The statement came during a discussion with Akshay Rajan from Solana Labs, during which Hougan also said that: And then they (people) wanna ask how they invest. […] And when […]
Article updated to show that Peter Vessenes disputes the foundation's claim that it's owed expenses from him. Bitcoin Foundation chairman Brock Pierce. The Bitcoin Foundation will soon run out of funds, the foundation's board was told at a meeting on 20th October. The meeting's minutes, published yesterday, show that board chairman Brock Pierce opened the event with the declaration that the Foundation is "close to running out of money". Further disclosures during the meeting show that it is struggling to generate significant revenue. Its last event, the third instalment of its DevCore....