Disclaimer: The opinions and perspectives expressed in this article are the author’s own and do not necessarily reflect the viewpoints of crypto.news’ editorial team.
Each week, crypto.news presents #hashtag hearsay, a column filled with rumors and stories that are shaping the world of cryptocurrency. If you have any tips, feel free to email Dorian Batycka at [email protected]
SushiSwap’s Saga:
Recent revelations suggest that some members of Sushi’s core team have been paying themselves salaries and bonuses without disclosure. According to an article dated Mar. 7 in The Defiant, Naim Boubziz, a key contributor to Sushi, mentioned that only a select few DAO members have access to the team’s compensation from the DEX’s treasury funds. This has sparked concerns about mismanagement of the treasury. A statement from an internal proposal reads:
In response, Jared Grey, known as Sushi’s “head chef,” and Neil Bhasin, part of Sushi’s compensation committee, addressed the issue in the Sushi forum, accusing the proposal’s author of being associated with the rival Ramses Exchange and attempting to create turmoil within a competing DAO.
True or False? The ongoing drama at Sushi seems to be a reality.
The Mystery Buyer of Punk 3100:
There are speculations that the buyer of the rare alien punk, Punk 3100, is none other than Alexandre Arnault, the son of luxury magnate Bernard Arnault. The French billionaire recently sold a crypto punk for a profit of just 1 ETH, stating that he no longer felt connected to it. However, rumors suggest that he might be bidding on the alien punk due to his fondness for blue headbands.
True or False? Who else but someone with connections to Tiffany’s and Louis Vuitton would spend 4,500 ETH on a CryptoPunk? Perhaps a wash trader.
Rumors of Jeff Bezos Dabbling in Crypto:
On Feb. 21, Bloomberg reported that Jeff Bezos, the renowned retail tycoon, sold 20 million Amazon shares worth an estimated $8.5 billion. With low interest rates and global inflation caused by the US dollar, speculation arose that Bezos might be considering investing in Bitcoin. The rumor was fueled by an X post from Apollo co-founder Thomas Fahrer, which included unverified claims of Bezos dining with Michael Saylor.
True or False? Is Bezos potentially diversifying his assets by exploring the world of cryptocurrency? Stay tuned for more updates.
Edward Snowden’s Crypto Conspiracy:
Edward Snowden has suggested that a government entity could be discreetly accumulating cryptocurrency. Could it be the NSA, the same organization that was rumored to have created Bitcoin? While it’s unlikely, it’s not entirely impossible.
True or False? Speculative, but not entirely dismissible.
Memes of the Week:
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For more insights, check out:
Lessons learned from 2023: FTX trial and crisis management for crypto projects | Opinion
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