Mark Zuckerberg Promises Resistance Against Censorship and Halts Donations to Democrats
According to Crypto Magazine, Mark Zuckerberg has admitted that Meta succumbed to pressure from the Biden administration in 2021 to censor COVID-related content. Even satirical posts were deemed undesirable during this period. Now, Zuckerberg pledges resistance against such measures and has decided to stop his donations to the Democratic Party.
Vitalik Buterin Criticizes DeFi Sector: Ponzinomics and Lack of Sustainability in Focus
The founder of Ethereum, Vitalik Buterin, recently expressed concerns about the current state of the DeFi sector as reported by Crypto Magazine. In a tweet on Sunday, he called for more sustainable use cases and a return to the original principles of blockchain technology. He specifically criticized many yields in DeFi for being based on "Ponzinomics" structures.
Despite his criticism, Buterin praised decentralized exchanges and stablecoins as positive examples within DeFi applications. His comments have sparked some discontent within the community; Synthetix's Kain Warwick accused him of underestimating DeFi’s significance.
Cardano CEO Charles Hoskinson Proposes Partnership with Algorand
Crypto Magazine reports that Cardano CEO Charles Hoskinson has shown strong interest in Algorand's blockchain technology and suggested collaboration focused on decentralized AI projects. This partnership could be beneficial for both Cardano and Algorand given their growing presence in the AI market.
Acknowledging recent attention towards Algorand, Hoskinson proposed it become a partner chain with Cardano which would maximize Minotaur—a multi-asset consensus protocol combining Proof-of-Stake/Proof-of-Work—potentially making it an unparalleled decentralized AI powerhouse.
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