Crypto Vesting

A technology investor who backed ridesharing app Uber in its early days has sparked backlash from the Bitcoin community after claiming Bitcoin will inevitably be replaced by something better.

“Bitcoin has been a wonderful game, but with a couple of giant players cornering the market, the timing is right to “build a better Bitcoin” — restarting the game,” prominent angel investor and internet entrepreneur Jason Calacanis told his 981,600 X followers on March 14.

Calacanis, an early investor in Bitcoin-related companies like online trading platform Robinhood and Bitcoin startup Keza, said, “All technology gets replaced over time… and Bitcoin will be no different.”

Opportunity presents for Bitcoin layer-2 projects

Founders and executives of Bitcoin-related companies were quick to push back, arguing that Bitcoin will not be replaced, though there’s still room for a dominant layer-2 protocol to emerge on top of the Bitcoin network.

Source:

Read More at https://cointelegraph.com/news/jason-calacanis-build-better-bitcoin-controversy-bitcoin-community?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742147916311&utm_campaign=rss_partner_inbound

A technology investor who backed ridesharing app Uber in its early days has sparked backlash from the Bitcoin community after claiming Bitcoin will inevitably be replaced by something better.

“Bitcoin has been a wonderful game, but with a couple giant players cornering the market, the timing is right to “build a better Bitcoin” — restarting the game,” prominent angel investor and internet entrepreneur Jason Calacanis told his 981,600 X followers on March 14.

Calacanis, an early investor in Bitcoin-related companies like online trading platform Robinhood and Bitcoin startup Keza, said, “All technology gets replaced over time… and Bitcoin will be no different.”

Opportunity presents for Bitcoin layer-2 projects

Bitcoin (BTC) co-founders and executives were quick to push back, arguing that Bitcoin will not be replaced, though there’s still room for a dominant layer-2 protocol to emerge on top of

Read More at https://cointelegraph.com/news/jason-calacanis-build-better-bitcoin-controversy-bitcoin-community?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Kaito AI, an artificial intelligence-powered platform that aggregates crypto data to provide market analysis for users, and its founder Yu Hu, were the victims of an X social media hack on March 15.

In several now-deleted posts, hackers claimed that the Kaito wallets were compromised and advised users that their funds were not safe.

According to DeFi Warhol, the hackers opened up a short position on KAITO tokens before posting the messages in the hopes that users would sell or pull their funds, which would have crashed the price and created profits for the threat actors.

The price of the KAITO token dips, presumably due to a short position. Source: CoinMarketCap

The Kaito AI team regained access to the accounts and reassured users that Kaito token wallets were not compromised in the social media exploit.

“We had high-standard security measures in place to prevent

Read More at https://cointelegraph.com/news/kaito-ai-yu-hu-x-social-media-hacked?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742205681645&utm_campaign=rss_partner_inbound

Kaito AI, an artificial intelligence-powered platform that aggregates crypto data to provide market analysis for users, and its founder Yu Hu, were the victims of an X social media hack on March 15.

In several now-deleted posts, hackers claimed that the Kaito wallets were compromised and advised users that their funds were not safe.

According to DeFi Warhol, the hackers opened up a short position on KAITO tokens before posting the messages in the hopes that users would sell or pull their funds, which would have crashed the price and created profits for the threat actors.

The price of the KAITO token dips, presumably due to a short position. Source: CoinMarketCap

The Kaito AI team regained access to the accounts and reassured users that Kaito token wallets were not compromised in the social media exploit.

“We had high-standard security measures in place to prevent

Read More at https://cointelegraph.com/news/kaito-ai-yu-hu-x-social-media-hacked?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742147916311&utm_campaign=rss_partner_inbound

Kaito AI, an artificial intelligence-powered platform that aggregates crypto data to provide market analysis for users, and its founder Yu Hu, were the victims of an X social media hack on March 15.

In several now-deleted posts, hackers claimed that the Kaito wallets were compromised and advised users that their funds were not safe.

According to DeFi Warhol, the hackers opened up a short position on KAITO tokens before posting the messages in the hopes that users would sell or pull their funds, which would have crashed the price and created profits for the threat actors.

The price of the KAITO token dips, presumably due to a short position. Source: CoinMarketCap

The Kaito AI team regained access to the accounts and reassured users that Kaito token wallets were not compromised in the social media exploit.

“We had high-standard security measures in place to prevent

Read More at https://cointelegraph.com/news/kaito-ai-yu-hu-x-social-media-hacked?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The Open Network (TON) Society released a statement on March 15 celebrating the return of Pavel Durov’s passport as a win for freedom of speech, online privacy, and innovation.

According to the AFP news agency, Durov left France and headed to Dubai on the morning of March 15 after gaining permission from French officials to depart the European country.

“We have stood behind Pavel since his arrest on August 24, 2024,” the TON Society wrote. The group added:

“Pavel’s unwavering commitment to freedom of speech and transparency, despite facing the most challenging of circumstances, is a powerful reminder of the importance of standing by your principles, even when it is politically and personally detrimental to do so.”

The TON Society previously penned a letter condemning the French government for detaining Durov and urging the country to <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/ton-society-issues-open-letter-france-urging-pavel-durov-release"

Read More at https://cointelegraph.com/news/ton-society-durov-leaving-france-free-speech-win?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742205681645&utm_campaign=rss_partner_inbound

The Open Network (TON) Society released a statement on March 15 celebrating the return of Pavel Durov’s passport as a win for freedom of speech, online privacy, and innovation.

According to the AFP news agency, Durov left France and headed to Dubai on the morning of March 15 after gaining permission from French officials to depart the European country.

“We have stood behind Pavel since his arrest on August 24, 2024,” the TON Society wrote. The group added:

“Pavel’s unwavering commitment to freedom of speech and transparency, despite facing the most challenging of circumstances, is a powerful reminder of the importance of standing by your principles, even when it is politically and personally detrimental to do so.”

The TON Society previously penned a letter condemning the French government for detaining Durov and urging the country to <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/ton-society-issues-open-letter-france-urging-pavel-durov-release"

Read More at https://cointelegraph.com/news/ton-society-durov-leaving-france-free-speech-win?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742147916311&utm_campaign=rss_partner_inbound

The Open Network (TON) Society released a statement on March 15 celebrating the return of Pavel Durov’s passport as a win for freedom of speech, online privacy, and innovation.

According to the AFP news agency, Durov left France and headed to Dubai on the morning of March 15 after gaining permission from French officials to depart the European country.

“We have stood behind Pavel since his arrest on August 24, 2024,” the TON Society wrote. The group added:

“Pavel’s unwavering commitment to freedom of speech and transparency, despite facing the most challenging of circumstances, is a powerful reminder of the importance of standing by your principles, even when it is politically and personally detrimental to do so.”

The TON Society previously penned a letter condemning the French government for detaining Durov and urging the country to <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/ton-society-issues-open-letter-france-urging-pavel-durov-release"

Read More at https://cointelegraph.com/news/ton-society-durov-leaving-france-free-speech-win?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound