EigenLayer developer Nader Dabit recently posted on X: "99% of the metrics most blockchain companies use to advertise adoption are meaningless. 500 million transactions, 10 million separate wallets (and similar data) make no sense in a world where I can automate it all in 30 seconds with ChatGPT. Unless it is at least somewhat resistant to witch aggression, it is meaningless. This raises the question of whether everyone here is just deceiving themselves while deceiving others.
Ripple CEO Brad Garlinghouse recently tweeted that he opposes the SEC's ongoing legal action against XRP and appeals related to the Ripple case. Crypto derivatives platform Bitnomial recently filed a lawsuit against the SEC over XRP futures regulation. Brad Garlinghouse retweeted the tweet and said that for a rebellious institution that many thought was impossible to fall further, they have once again broken the floor. The SEC now believes it is above the law and ignores the court's ruling that ...