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The Clash of Cryptocurrency Titans: BitMEX Founder vs. Cardano Founder
As the cryptocurrency sector continues to evolve, tensions have flared between two prominent figures in the industry. Arthur Hayes, the founder of BitMEX, and Charles Hoskinson, the founder of blockchain Cardano (ADA), have engaged in a public spat, with Hayes launching scathing criticism at Cardano.
Hayes’ Harsh Criticism
In a recent post, Hayes referred to Cardano as “dog sh*t” and challenged Hoskinson to educate him on the platform’s usability for building popular decentralized apps (dApps). This public attack has sparked a heated exchange between the two industry leaders.
Previous Remarks and Responses
Prior to this latest incident, Hayes had also made disparaging comments about Cardano in an interview with Coin Bureau, labeling it a “wannabe Ethereum” and predicting its irrelevance in the future. Hoskinson responded to these remarks, prompting Hayes to once again lash out at Cardano, calling it a “piece of sh*t” and advising Hoskinson to “buy some ETH and chill.”
Despite Hoskinson’s invitation for Hayes to elaborate on his criticisms, the BitMEX founder has chosen to remain silent on the matter.
History of Defending Cardano
This is not the first time that Hoskinson has had to defend Cardano against public attacks. Previously, he had to fend off criticism from Bitcoin maximalist and advisor to the president of El Salvador, Max Keiser. Hoskinson responded to these attacks with a lighthearted approach, showcasing his resilience in the face of adversity.
Market Performance of Cardano
Amidst these public clashes, Cardano’s native token has seen fluctuations in its market performance. At the time of reporting, the token was trading at $0.607, marking a 3.35% increase in the last 24 hours, a 5.41% rise over the previous seven days, and a significant 30.04% gain on its monthly chart.
It is important to note that cryptocurrency investments are speculative, and investors should be aware of the inherent risks involved in this volatile market.
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