Opinion: Crypto Buzz Includes $8.5 Billion Spent on Cryptocurrency, 4.5K ETH Acquired for Alien Punk, and Other Intriguing Digital Currency News
Disclaimer: The opinions expressed in this article are solely those of the author and do not reflect the views and opinions of crypto.news’ editorial team.
Every week, crypto.news presents #hashtag hearsay, a column that delves into the rumors and stories shaping the world of crypto. If you have a tip, email Dorian Batycka at [email protected]
Drama Unfolds at SushiSwap
Recent reports have emerged suggesting that certain members of Sushi’s core team have been receiving undisclosed salaries and bonuses. Naim Boubziz, a core contributor to Sushi, revealed that only select DAO members have access to the team’s pay and bonuses, sparking concerns of mismanagement of the treasury funds, according to an article published on Mar. 7 by Defiant. An internal proposal stated:
Responding to the proposal, Jared Grey, Sushi’s “head chef,” and Neil Bhasin, one of the two members of Sushi’s compensation committee, took to the Sushi forum and accused the proposal’s author of being affiliated with the rival Ramses Exchange, suggesting that they were attempting to create drama within a competing DAO.
True/False? In this case, it’s likely true. The drama at Sushi has been ongoing for quite some time.
The Identity of the Buyer of Punk 3100 for 4.5k ETH
@gmmoneyETH has put forward a theory that the buyer of the rare alien punk known as Punk 3100 is none other than Alexandre Arnault, the son and heir of luxury mogul Bernard Arnault. The French billionaire recently sold a crypto punk in February, making a profit of just 1 ETH, claiming that he no longer felt a connection to the piece. However, according to @gmmoneyETH, rumors on the street suggest that he is now bidding on this alien punk due to his apparent affinity for blue headbands.
True/False? Who has the financial means to spend 4,500 ETH on a CryptoPunk? Someone whose father owns Tiffany’s and Louis Vuitton, of course. Or perhaps a wash trader.
Rumors Surrounding Jeff Bezos and his Amazon Stock
On Feb. 21, Bloomberg reported that Jeff Bezos, the renowned retail mogul, sold 20 million Amazon shares worth an estimated $8.5 billion. While holding such a substantial amount of cash may seem like a wise decision for some, with low interest rates and the US dollar causing global inflation, speculation has arisen online suggesting that Bezos may have seen this as an opportunity to enter the world of Bitcoin.
The rumor originated from a post by Thomas Fahrer, co-founder of Apollo, who made several unfounded claims, including one that Bezos was seen dining with Michael Saylor. However, this rumor was later debunked.
True/False? Is Bezos secretly hedging his exposure to Amazon stock and the US dollar by dabbling in the original cryptocurrency? Maybe. When will Buffet and Pelosi follow suit?
Edward Snowden’s Theory on Governments Accumulating Crypto
Who could it be? Remember the rumor that the NSA may have created Bitcoin? Well, Edward Snowden, a former employee of the NSA, has posited that a government entity may be secretly accumulating cryptocurrency. However, it is unlikely that the NSA itself invented Bitcoin.
True/False? Unlikely, but not impossible.
Memes of the Week
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