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Vitalik Buterin Slams ETH Backer Peter Thiel
Crypto Trends

Vitalik Buterin Slams ETH Backer Peter Thiel

by admin October 3, 2025


  • Thiel’s Straussian views
  • Making ETH more like BTC?

Ethereum co-founder Vitalik Buterin took aim at controversial American entrepreneur Peter Thiel in his recent social media post. 

“Reminder that Peter Thiel is, to put it mildly, not a cypherpunk,” the 31-year-old computer programmer said. 

Thiel’s Straussian views

He attached an expert who discusses the philosophical framework of American scholar Leo Strauss, which argues in favor of surveillance and establishing a robust Pax Americana with the help of global intelligence cooperation. The text comes from “The Straussian Moment,” an influential essay written by Thiel that dissects the philosophical foundations of modern Western politics, criticizing the Enlightenment-era liberalism. 

Thiel has been highly influenced by Straussian philosophy. At Stanford, he studied within the intellectual circles of Harry Jaffa and Allan Bloom. He, of course, co-founded The Stanford Review, a controversial conservative paper shaped by Straussian themes. Moreover, Thiel has echoed Strauss’s criticism of democracy. 

This, of course, fully contradicts the anti-surveillance, anti-centralization cypherpunk ideology that underpins crypto. 

Making ETH more like BTC?

Buterin agrees that the Ethereum leadership should be more careful when deciding who they let into their circle. 

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It is worth noting that Thiel holds a 9.1% stake in BitMine Immersion Technologies (BMNR), which is the largest corporate holder of Ethereum (ETH). On top of that, he also has a 7.5% stake in ETHZilla, which is another prominent ETH treasury firm. 

In fact, Buterin has spoken out in favor of “gradual ossification” of Ethereum, which means that large changes would be met with a lot of caution once scaling and tech cleanup are done. 



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October 3, 2025 0 comments
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Charles Hoskinson Slams Cointelegraph, Urges Crypto Projects to Pull Ads
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Charles Hoskinson Slams Cointelegraph, Urges Crypto Projects to Pull Ads

by admin September 28, 2025


Input Output Global CEO Charles Hoskinson has taken to X to lambast crypto news outlet Cointelegraph, accusing it of defamation at the highest level.”

Hoskinson claims that Jon Rice, the editor-in-chief at Cointelegraph, is refusing to retract the story about IOG’s involvement in the alleged theft of $600 million worth of ADA vouchers. 

The Cardano founder claims that Cointelegraph is preparing a story about how it is being pressured by IOG. However, Hoskinson insists that requiring “basic journalistic integrity” does not qualify as pressure. 

Hoskinson has advised other cryptocurrency projects to pull ads from Cointelegraph and refuse to attend their events in order not to legitimize them. 

ADA voucher controversy, explained 

In early May, non-fungible token (NFT) artist Masato Alexander sparked a significant controversy by alleging that Hoskinson used his genesis key to rewrite the Cardano ledger and misappropriate roughly $600 million worth of ADA tokens. Alexander described this as “one of the biggest reorgs in blockchain history.” However, Hoskinson insisted that the overwhelming majority of vouchers were actually redeemed by ICO participants.  

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Cointelegraph covered the controversy back in May, focusing on Alexander’s allegations and Hoskinson’s subsequent reaction.  

However, as reported by U.Today, an independent forensic audit, which has involved law firm McDermott Will & Emery and accounting firm BDO, found that 99.7% of ADA vouchers were actually properly redeemed. The unclaimed tokens are used for funding ecosystem grants via Interspect, a Cardano governance body. 

After Hoskinson was exonerated by the audit, he is now demanding accountability from Cointelegraph after the outlet helped to amplify the voucher controversy. 



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September 28, 2025 0 comments
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'Bitcoin Is Next': Peter Schiff Slams Ethereum into Bear Market Territory
NFT Gaming

‘Bitcoin Is Next’: Peter Schiff Slams Ethereum into Bear Market Territory

by admin September 26, 2025


Ethereum dipped below $4,000 on Thursday, kicking off a technical bear market and causing Peter Schiff to sound the alarm once again. The move took ETH more than 20% off its August peak, where the token briefly touched $4,850 and marked the sharpest correction since early summer.

The sell-off got worse once ETH hit $4,150. A heavy session dragged the major altcoin down to the $3,930 zone, canceling out weeks of gains and putting a damper on corporate treasury purchases that had been promoted as a stabilizing force. 

ETH/USD by TradingView

The latest breakdown means we are now looking at whether the second-biggest crypto can find a floor above the $3,800 support band, or if it is going to go even lower.

Peter Schiff strikes again

Schiff, who has always been cautious about crypto rallies, said that the Ethereum reversal was linked to Bitcoin. In his words, ETH’s decline is a sign that the crypto market has turned bearish, and BTC is poised to be the next asset to dip. 

Ethereum just tanked below $4,000. Despite all the Ethereum Treasury company buying, the #2 crypto is now in an official bear market, down 20% from its August record high. Bitcoin is next.

— Peter Schiff (@PeterSchiff) September 25, 2025

For traders, the report is about more than just Schiff’s criticism, though. It is also about the numbers on the chart. Ethereum is trading at the same levels it was at in early August, and it is clear that the momentum is broken right now . This means that the two biggest digital assets might have problems holding on until the end of 2025.

Ethereum’s fall gave Schiff another headline. The big question now is whether Bitcoin will follow suit.





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September 26, 2025 0 comments
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Elizabeth Warren Slams Trump’s WLFI Venture as ‘Corruption’
Crypto Trends

Elizabeth Warren Slams Trump’s WLFI Venture as ‘Corruption’

by admin September 3, 2025



Senator Elizabeth Warren has continued her ongoing criticism of Donald Trump, expressing her disdain over the family’s crypto activities.

Summary

  • Elizabeth Warren calls Trump’s WLFI venture “corruption” in response to his family’s crypto fortune of $5 billion.
  • WLFI’s price has continued to fluctuate, with the market cap currently at $5.61 billion.
  • Warren recently criticized the current crypto regulations, calling them ineffective and accusing them of benefiting Trump’s business interests.

Democrat member and representative of the state of Massachusetts, Senator Elizabeth Warren, has criticized the Trump family’s involvement in the newly launched World Liberty Financial (WLFI) token. In a September 2 X post, Warren slammed the venture, describing it as “corruption, plain and simple.”

The latest comment from Warren follows the recent trading debut of WLFI, a Trump-backed cryptocurrency, which briefly pushed the family’s stake including more than 22 billion tokens held through DT Marks DEFI LLC to a paper value of over $5 billion. This marked the biggest single-day jump in the family’s fortune and at its peak, made WLFI the family’s most valuable asset, surpassing even their long-standing real estate portfolio.

However, the multi-billion-dollar valuation is not entirely real money, as it is based on WLFI’s price surge from at launch to $0.46. The figure has also since dropped due to the token’s volatile price movement. Despite an initial surge on Monday, WLFI has been struggling in the past two days, as buying pressure faded and the market showed increasing signs of sell-offs, pushing its value to a low of $0.20.

While it briefly climbed to $0.24 on Tuesday, the token could not hold the upward trend, and the price soon dipped again. At the time of writing, WLFI trades at $0.22, a 5% drop on the day, with its market cap hovering around $5.61 billion.

Elizabeth Warren’s continued criticism of Trump’s crypto ventures

This is not the first time Senator Warren has expressed concerns about Trump’s crypto-related ventures. She has long been a vocal critic of crypto and has consistently criticized Trump’s involvement in the industry. Warren previously raised alarms over proposed crypto regulations like the GENIUS stablecoin act and the Digital Asset Market Clarity (CLARITY) Act, calling them too lenient.

“We need strong crypto regulation, not an industry giveaway that puts our economy at risk and supercharges President Trump’s corruption,” Warren said in an earlier statement. She emphasized the need for robust regulation and went so far as to call for bans on elected officials from trading or engaging in crypto businesses, citing Trump’s ties to the industry.

Meanwhile, Warren’s criticism is not just focused on WLFI but the broader influence of crypto on U.S. politics. She warned that ineffective regulations would allow politicians, like Trump, to profit off their industry connections, resulting in conflicts of interest that could distort the market.

The senator is not the only one to express concerns regarding Trump’s involvement in crypto. Her sentiments have been shared by other influential figures, who also warn that his dual roles in politics and crypto-related ventures could manipulate the market.

However, the White House has dismissed these concerns, noting that the president’s business ventures and political activities are separate, and that no conflicts of interest are present.



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September 3, 2025 0 comments
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Litecoin vs XRP news
NFT Gaming

Litecoin Slams XRP As ‘Rotten Egg Token’ In Viral X Post

by admin September 1, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The official Litecoin account ignited a cross-community skirmish on X late on August 29 with a long, caustic “fun fact” that veered into an elaborate mock of XRP’s bank-rail narrative and even a jab at Ripple CEO Brad Garlinghouse, nicknamed “Brad Garlicmouse” in the post.

The message likened the smell of comets to “the idea that tokens called XRP would be sold off to retail investors with the illusion that a digital bank drive-up tube is worth more than the money it transfers back and forth because there are only so many tokens in existence,” before concluding with a snide aside about “the president… sleeping with Brad Garlicmouse.” The post quickly ricocheted across Crypto X, drawing heavy engagement and heated replies.

As replies piled up, the Litecoin handle adopted a meta-commentary, positioning the episode as part of a broader “roast” bit across communities. “I roast Solana: We laughed, we cried, little pushback. I roast MYSELF: Funny, but true. I roast XRP: Diarrhetic vitriol for 2 full days, threats of legal action, horrible takes on market cap and sitting at a paid for seat at a crypto council as the only measuring stick for success. Sounds about right.” Later, in an apparent attempt to defuse, it wrote: “Damn. Y’all gotta stop taking X so seriously. Go eat a hot pocket and I’ll see you in the morning if I’m not fired before then.”

The XRP Community Reacts

XRP-aligned accounts responded with a mix of counter-narrative, receipts, and ridicule. One widely referenced theme was founder conduct and credibility. “Fun fact: Satoshi Lite publicly dumped all his Litecoin at the top. If your coin was worth something, why sell it all?” wrote @SamTheCarpetMan, resurfacing Charlie Lee’s December 20, 2017 post announcing he had sold his LTC holdings.

Several community figures framed the roast as a brand misstep. “Whoever the intern for this page is— not a good look,” wrote @CredibleCrypto. EGRAG Crypto delivered a pointed quip—“The word ‘lite’ suits your stance”—while @X__Anderson contrasted enterprise engagement with merch-table nostalgia: “While Ripple was meeting with banks & financial regulators all over the world to transform the financial system, Charlie Lee was in his basement printing Hodl shirts, followed by dumping his remaining Litecoin on his followers and cashing out into fiat.”

Others took aim at market-rank dynamics: “Lincoln is scared of XRP. They should be. XRP long surpassed litecon years ago and litcon will never recover,” wrote @WizardInvestor. And some simply voted with their wallets. “Just sold my ltc,” said @Xlister86; another user, @actofage28, declared: “As of today, you’re being unfollowed and the remainder of my LTC will be swiped for XRP.”

The Litecoin handle—leaning into the persona—parried much of it in-stream. When one commenter warned of potential “defamation/trade libel” exposure, the account replied: “Relax, sparky. I’m not in the digital bank tube market. Go play that crap with XLM.”

Beneath the theatrics sat a familiar philosophical split—one the Litecoin account articulated bluntly in reply to an XRP holder: “What’s to recover? XRP is nothing like litecoin in both construct and purpose. They’re literally at different ends of the spectrum. XRP wants to be the bridge between banks and Litecoin is the antithesis of that altogether.”

That line, more than the comet gag, captured what the spat was really about: divergent visions of crypto’s endgame. XRP’s community continues to press a thesis of institutional integration and cross-border settlement rails; Litecoin’s social voice cast itself as a contrarian to bank-linked architectures, more in the mold of peer-to-peer electronic cash.

The controversy also revived long-running debates around founder sales and community trust. Charlie Lee’s 2017 divestiture—framed at the time as a bid to avoid conflicts of interest—has remained a lightning rod for critics who equate it with abandonment. Meanwhile, wallets associated with the Ripple founders have been selling millions of tokens each month, a pattern renowned on-chain analyst @zachxbt highlighted again last week.

At press time, XRP traded at $2.72.

XRP price, 1-day chart | Source: XRPUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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September 1, 2025 0 comments
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Original PRUSA CORE One
Gaming Gear

Open hardware dream collapses as Prusa slams China’s subsidies, patents, and aggressive tactics that reshaped 3D printing from an open playground into a corporate battlefield

by admin August 25, 2025



  • State-backed rivals have made open source 3D printing nearly impossible
  • Chinese subsidies shift global competition in desktop 3D printer production
  • Cheap Chinese patents create obstacles far beyond Europe’s market borders

The open source movement in 3D printing once thrived on shared designs, community projects, and collaboration across borders.

However, Josef Prusa, head of Prusa Research, has announced, “open hardware desktop 3D printing is dead.”

The remark stands out because his company long championed open designs, sharing files and innovations with the wider community.


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Economic support and patent challenges

Prusa built his early business in a small basement in Prague, packing frames into pizza boxes while relying on contributions from others who shared his philosophy.

What has changed, he now argues, is not consumer demand but the imbalance created when the Chinese government labeled 3D printing a “strategic industry” in 2020.

In his blog post, Prusa cites a study from the Rhodium Group which describes how China backs its firms with grants, subsidies, and easier credit.

This makes it much cheaper to manufacture machines there than in Europe or North America.

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The issue grows more complicated when looking at patents. In China, registering a claim costs as little as $125, while challenging one ranges from $12,000 to $75,000.

This gap has encouraged a surge of local filings, often on designs that trace back to open source projects.

Prusa’s earlier machines, such as the Original i3, proudly displayed components from partners like E3D and Noctua, embodying a spirit of community, but were also easy to copy, with entire guides appearing online just months after release.

The newest Prusa printers, including the MK4 and Core ONE, now restrict access to key electronic designs, even while offering STL files for printed parts.

The Nextruder system is fully proprietary, marking a clear retreat from total openness.

Prusa argues Chinese firms are effectively locking down technology the community meant to share – as while a patent in China does not block his company from selling in Europe, it prevents access to the Chinese market.

A bigger risk emerges when agencies like the US Patent Office treat such patents as “prior art,” creating hurdles that are expensive and time-consuming to clear.

Prusa cited the case of the Chinese company, Anycubic, securing a US patent on a multicolor hub that appears similar to the MMU system his company first released in 2016.

Years earlier, Bambu Lab introduced its A1 series, also drawing inspiration from the same concept.

Anycubic now sells the Kobra 3 Combo with this feature, raising questions about how agencies award patents and who holds legitimate claims.

Meanwhile, Bambu Lab faces separate legal battles with Stratasys, the American pioneer whose patents once kept 3D printing confined to costly industrial use.

Declaring the end of open hardware may be dramatic, but the pressures are real.

Between state subsidies, permissive patent rules, and rising disputes, the foundation of open collaboration is eroding.

Via Toms Hardware

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August 25, 2025 0 comments
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Telegram founder Pavel Durov slams French case as 'absurd'
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Telegram founder Pavel Durov slams French case as ‘absurd’

by admin August 25, 2025



Pavel Durov, the billionaire founder of Telegram, criticized French authorities on Sunday, Aug. 24, over what he described as a baseless criminal investigation that has left him tied up in legal proceedings for more than a year.

Durov, who was granted temporary permission to leave the country for Dubai in March, faces multiple charges linked to allegations that Telegram enabled organized crime. In a statement posted Sunday, he argued that holding a CEO accountable for the actions of users on a global messaging platform sets a dangerous precedent.

“Arresting a CEO of a major platform over the actions of its users was not only unprecedented — it was legally and logically absurd,” Durov said.

According to Durov, French police made “a mistake” by failing to follow proper legal channels before August 2024 when submitting requests for user data. He said the company has consistently responded to every legally binding request and maintains moderation practices in line with industry standards.

Durov said he is still required to return to France every 14 days, with no appeal date set.

“Sadly, the only outcome of my arrest so far has been massive damage to France’s image as a free country,” he said.

The case against Durov highlights the growing tension between law enforcement and tech platforms over responsibility for online content, particularly as governments worldwide intensify their scrutiny of social media and messaging services.

This isn’t the first time Durov has criticized French authorities.

In September, he responded to his legal troubles in France by criticizing authorities for bypassing official EU channels and questioning him directly. He called holding a CEO liable for user crimes a “misguided approach,” especially under outdated laws.

Durov defended Telegram’s moderation efforts, noting its daily removal of harmful content and cooperation with NGOs, while reaffirming his commitment to the platform’s nearly one billion users.

As the case continues, questions remain over whether the legal battles will affect Telegram’s operations or the value of its crypto initiatives.

How TON powers Telegram’s blockchain vision

Toncoin (TON), the digital token linked to Telegram’s Telegram Open Network (TON), is currently down 6.4% over the last seven days. See the chart below.

Source: CoinGecko

The TON token, currently valued at $3.30, is down 60% from its all-time high of $8.25. Still, the coin is considered an integral part of Telegram’s blockchain initiatives.

Originally created by Telegram and now maintained by the TON Foundation, the token is designed to share, as Durov once put it, “the principles of decentralization pioneered by Bitcoin and Ethereum, but… vastly superior to them in speed and scalability.”

At its core, TON powers peer-to-peer payments. Users can transfer funds quickly and at minimal cost, a feature that dovetails with the platform’s push to integrate TON directly into its messaging app. Within chats, users can already send the token to friends, tip creators, or pay for services, highlighting Telegram’s role as a ready-made distribution channel for crypto adoption.

Beyond payments, it also secures the proof-of-stake network through validator staking, supports DeFi apps, NFT marketplaces, and games, and powers services like TON DNS and decentralized storage.

Telegram’s user base is roughly 1 billion monthly active users as of July 2025.



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August 25, 2025 0 comments
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Crypto
NFT Gaming

Illinois Governor Slams Trump’s Crypto Backers While Signing New Rules

by admin August 19, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Illinois on Monday approved two new laws that give state regulators stronger tools to police crypto businesses and curb scams at cash-to-crypto kiosks.

The governor used the moment to criticize US President Donald Trump for recent federal moves that, according to his office, loosen protections for consumers.

State Gives Regulator New Powers

SB 1797 hands the Illinois Department of Financial and Professional Regulation authority to supervise digital-asset exchanges and related firms.

“While the Trump Administration is letting crypto bros write federal policy, Illinois is implementing common-sense protections for investors and consumers,” Governor JB Pritzker said.

While Trump lets crypto bros write federal policy, Illinois is implementing common-sense protections for investors and consumers.

Today, I’ve signed into law first-of-their-kind safeguards in the Midwest for cryptocurrency and other digital assets.

We won’t tolerate fraudsters.

— Governor JB Pritzker (@GovPritzker) August 18, 2025

According to lawmakers, the measure forces companies to hold enough money, put up cybersecurity and anti-fraud systems, make clear investment disclosures, and meet customer service standards similar to other financial services.

The bill passed the state Senate in April and will make it clearer who answers to state rules and who does not.

Kiosk Rules Aim To Curb Scams

The second law, SB 2319, targets cryptocurrency kiosks and ATMs. Reports have disclosed several concrete limits: operators must register with regulators, kiosks must offer full refunds to qualifying scam victims, transaction fees can’t exceed 18%, and new customers face a $2,500 daily limit.

Those specific numbers are meant to slow down bad actors and give people a clearer path if they’re cheated. State lawmakers and consumer advocates have said those steps are long overdue.

BTCUSD trading at $115,077 on the 24-hour chart: TradingView

A Political Line Drawn

Pritzker used his signing remarks to draw a contrast with Washington. Based on reports from the governor’s office, he accused the federal government of stepping back from protections after an April signing that overturned a revised IRS rule about who counts as a broker in decentralized finance.

“At a time when fraudsters continue to evolve and consumer protections are being eroded at the federal level, Illinois is sending a clear message that we won’t tolerate taking advantage of our people and their hard-earned assets,” ​Pritzker said.

He framed the state laws as a direct response to growing fraud and a federal posture he sees as friendlier to industry players than to everyday users.

Featured image from ABC News, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.





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August 19, 2025 0 comments
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