Disclaimer: The opinions and perspectives expressed in this article are the sole responsibility of the author and do not necessarily reflect the viewpoints of the editorial team at crypto.news.
Every week, crypto.news presents #hashtag hearsay, a column filled with rumors and stories that are shaping the world of cryptocurrency. If you have any leads, feel free to reach out to Dorian Batycka at [email protected]
SushiSwap Drama Unfolds
Recent reports have emerged claiming that certain members of Sushi’s core team have been receiving undisclosed salaries and bonuses. According to an article on Mar. 7 by 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 led to concerns about mismanagement of the treasury. An internal proposal stated:
Jared Grey, known as Sushi’s “head chef,” and Neil Bhasin, who is part of Sushi’s two-man compensation committee, responded in the Sushi forum, suggesting that the author of the proposal was involved with a rival Ramses Exchange and accused them of trying to create drama within a competing DAO.
True/False? It seems likely that there has been ongoing drama at Sushi for some time now.
Punk 3100 Sold for 4.5k ETH
@gmmoneyETH speculates that the buyer of the rare alien punk could be Alexandre Arnault, the son and heir of luxury magnate Bernard Arnault. The French billionaire recently sold a crypto punk in February for a profit of just 1 ETH, stating that he no longer felt a connection to the piece. However, rumors suggest that he might be bidding on the alien punk due to a shared affinity for blue headbands.
True/False? Who else but someone with ties to Tiffany’s and Louis Vuitton could afford to spend 4,500 ETH on a CryptoPunk? Perhaps a wash trader as well.
Rumors Surrounding Jeff Bezos and Crypto Investments
On Feb. 21, Bloomberg reported that Jeff Bezos sold 20 million Amazon shares worth approximately $8.5 billion. With interest rates low and the US dollar facing inflation, speculations arose online that Bezos might be considering an entry into the world of Bitcoin. The source of this rumor was a post by Apollo co-founder Thomas Fahrer, which included various unverified claims, including a dinner with Michael Saylor that was later debunked.
True/False? Could Bezos be diversifying away from Amazon stock and the US dollar by exploring Bitcoin? It’s a possibility. What’s next for Buffet and Pelosi?
Edward Snowden’s Hypothesis on Government Involvement in Crypto
Could a government be secretly accumulating cryptocurrencies? Remember the speculation that the NSA might have created Bitcoin? Snowden, who previously worked for the NSA, suggests that it’s unlikely, but not impossible.
True/False? It’s improbable, but not completely out of the question.
Memes of the Week
For further reading:
Lessons learned from the FTX trial in 2023: crisis management strategies for cryptocurrency projects | Opinion
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