Backlash
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Regulation
US lawmakers’ proposed ban on algorithmic stablecoins draws industry backlash
A recent legislative bill introduced by US Senators Cynthia Lummis and Kirsten Gillibrand has drawn the crypto industry’s ire due…
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Blockchain
LayerZero Hit With Hefty Backlash After ‘Frontrunning’ Lido Governance
A bridge too far it seems for LayerZero. After announcing it would integrate a wrapped version of Lido’s ever-popular staked…
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NFT
MrBeast-Promoted ‘Creator League’ Postponed After Gamers Bail Amid NFT Backlash
Esports tech firm eFuse launched a “Creator League” with big influencers like Bella Poarch, iShowSpeed, and Clix last week, and…
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NFT
Mark Cuban, Yuga Labs Lead Backlash Over OpenSea’s NFT Royalties Change
Mark Cuban and Bored Ape Yacht Club creator Yuga Labs were among the major players speaking out Friday against NFT…
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Regulation
Worldcoin faces regulatory scrutiny amid community backlash on privacy concerns
Worldcoin’s (WLD) recent launch has drawn Britain’s regulatory scrutiny amid community concerns over its privacy issues. Reuters reported that a…
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NFT
Yuga Labs’ intensifying IP takedowns spur CryptoPunk backlash
Months after a US court handed Yuga Labs a hefty trademark-based legal victory that set NFT holders abuzz, questions have…
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Scams
Atomic Wallet Faces Backlash After ‘Updating Security Infrastructure’ Without Revealing Cause of $100,000,000 Hack
Atomic Wallet is facing pushback online after releasing a statement last week that avoided specifics regarding the massive theft of…
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Analysis
Uniswap Faces Backlash Over Business Source License Imposed On v4 Code
Uniswap, the top decentralized exchange (DEX) in the Decentralized Finance (DeFi) space, has come under fire from developers after imposing…
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NFT
Why Ledger “Underestimated” the Recover Backlash
Last month, Ledger introduced its latest feature into a full-blown firestorm. The French hardware wallet provider envisioned its paid, optional…
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NFT
$TURBO Creator Faces Backlash for New ChatGPT Memecoin $CLOWN
One of the big trends in Web3 in 2023 has been the rise of memecoins, cryptocurrencies also known as “shitcoins”…
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