{
}
Messari has laid off 15% of its workforce to streamline operations and prioritize core product growth, as confirmed by CEO Eric Turner. The restructuring comes amid criticism from co-founder Ryan Selkis towards the XRP and Cardano communities, which has sparked backlash. Despite these challenges, Bitcoin's price has surpassed $100,000, reflecting market resilience.
Several figures in the crypto industry have landed on Santa's "Naughty List" for 2024 due to alleged scams and misconduct. Pastor Eli Regalado is accused of defrauding church members of $3.2 million through a bogus crypto token, while brothers Jonathan and Tanner Adam face SEC charges for a $60 million Ponzi scheme. Additionally, crypto influencer Sahil Arora is under scrutiny for exploiting celebrity connections to profit from meme coins, and viral star Hailey Welch's HAWK token launch has been criticized for insider trading signs. The SEC has ramped up enforcement actions, reflecting a growing crackdown on fraudulent activities in the digital asset space.
Analyst Ali Martinez predicts Cardano (ADA) could reach $4 by early 2025, driven by strong whale demand and ecosystem upgrades. Meanwhile, Ripple (XRP) aims for $5 in 2025, bolstered by potential ETF listings and new partnerships, while PlutoChain's Layer-2 solution promises faster transactions for Bitcoin. With Cardano ranking fifth in development activity, its market cap stands at $30.9 billion, reflecting a 47% year-to-date increase. The growing interest in ADA, alongside Ripple's resilience and PlutoChain's innovative approach, highlights a promising future for these blockchain projects.
Messari co-founder Ryan Selkis has sparked controversy by labeling the XRP and Cardano communities as “loudest, least valuable bot groups,” criticizing their utility and user engagement. In response, Cardano supporters highlighted a recent spike of over 280,000 transactions, showcasing significant activity relative to their market cap. Meanwhile, the XRP community defends Ripple's role in cross-border payments, despite Selkis' ongoing claims of centralization and insider enrichment.
Ryan Selkis
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
messari lays off 15 percent of staff to focus on core growth
07:00 12.01.2025
crypto scandals expose fraud and deception in digital asset industry
United States Dollar
Kraken Energy Corp.
Coinbase Global, Inc.
USA
GBR
Craig Wright
Tanner Adams
Jonathan Adam
Hailey Welch
Eli Regalado
Sahil Arora
Ryan Selkis
Gary Gensler
Show more
19:00 24.12.2024
Cardano and Ripple poised for growth amid blockchain innovation surge
13:45 22.12.2024
XRP and Cardano face backlash amid utility debate and community responses
19:06 16.12.2024
Trending
Subcategory
Corporate News
Industry Trends
Startups & Entrepreneurship
Global Trade Developments
Stock Market Updates
Supply Chain Management
Industry Mergers & Acquisitions
Retail and Consumer Goods
Private Equity Deals
Fintech Startups
Government Economic Policies
Venture Capital Investments
Inflation and Monetary Impact
CEO Changes
Central Bank Actions
Workplace Trends
Energy Sector Developments
Corporate Social Responsibility
Emerging Startups
Finance Mergers & Acquisitions
Countries:
Companies:
Apple Inc.
Google Inc.
Grab2Go AS
OLA ELECTRIC MOBILITY LTD
EFG Hermes Egypt
Li Auto Inc.
NIO Inc.
Delhivery Limited
Ecom Express Ltd.
Tesla, Inc.
XPeng Inc.
Morgan Stanley
Nikkei 225
Nintendo Co., Ltd.
Goto Ltd
Volkswagen AG
Mizuho Financial Group, Inc.
Mitsubishi UFJ Financial Group, Inc.
Microsoft Corporation
CATLOKI USD
Currencies:
United States Dollar
Indian Rupee
Euro
Chinese Yuan
Japanese Yen
United Arab Emirates Dirham
Egyptian Pound
South Korean Won
Indonesian Rupiah
Saudi Riyal
Offshore Chinese Yuan
Pakistani Rupee
Hong Kong Dollar
New Taiwan Dollar
Qatari Riyal
Malaysian Ringgit
Filipino Peso
West African CFA Franc
Thai Baht
Mexican Peso
People: