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HomeCryptoCardanoBitMEX CEO Arthur Hayes Blasts Cardano on X, Prompting Hoskinson to React

BitMEX CEO Arthur Hayes Blasts Cardano on X, Prompting Hoskinson to React

In a brand new improvement on X, BitMEX’s CEO Arthur Hayes shared his “explosive” views on Cardano. Venting it out on X, Hayes brazenly criticized Cardano, dubbing ADA a canine sh*t crypto token. 

Hayes additional went forward, claiming that Cardano is a token missing utility, prompting its founder, Charles Hoskinson, to reply to his claims. 

Hayes vs. Hoskinson Banter Fuels on X 

The world of cryptocurrency isn’t dormant. This reality was confirmed by BitMEX’s CEO, Arthur Hayes, who took to Twitter to stipulate his stance on Cardano. 

Hayes, who’s in any other case generally known as a staunch Bitcoin proponent, criticized Cardano on X, claiming that the token lacks utility. He additional went on to consult with ADA as a canine sh*t meme coin, sparking a flurry of responses on X. 

To additional assist his clarification, Hayes listed important DApps inside the crypto house. He later challenged ADA lovers to acknowledge any DApp that has been deployed in Cardano. 

“For all you $ADA believers, what dAPP on this record initially launched on Cardano, or has a Cardano providing that’s closely used? From my very restricted information, it appears like none of them do.” Hayes tweeted. 

Hoskinson Responds to Hayes ADA Canine Sh*t Claims

Supply: CryptoSlate

Hayes’ explosive feedback have prompted Charles Hoskinson, Cardano’s founder, to reply to his claims. 

Hoskinson urged Hayes to elucidate his “unfair evaluation of Cardano.” He later shared how he has at all times been a fan of Arthur Hayes and that the tough ADA criticism has taken him without warning. 

Within the midst of all this, Cardano neighborhood members have stepped ahead to defend the ADA’s stance. Liqwid Labs, a non-custodial liquid staking protocol, responded to Hayes’s claims, outlining their utilitarian function on Cardano. 

Minswap Labs, a DEX on Cardano, additionally contested Hayes’s controversial claims. 

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