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BTC $68,753.42 -3.22%
ETH $2,009.30 -6.01%
BNB $616.09 -4.07%
XRP $1.40 -3.67%
SOL $82.79 -5.83%
TRX $0.2776 -0.43%
DOGE $0.0927 -3.43%
ADA $0.2620 -3.35%
BCH $519.41 -3.33%
LINK $8.52 -5.02%
HYPE $29.69 -7.33%
AAVE $108.72 -4.82%
SUI $0.9199 -5.15%
XLM $0.1570 -2.71%
ZEC $229.47 -4.98%

web3

Multicoin co-founder's tweet deleted seconds before leaving: No longer believe in the vision of Web3

According to community user records, Multicoin co-founder Kyle Samani stated yesterday in response to X user Taran (@Taran_ss) regarding the "bear market complaints":"Cryptocurrency is not as interesting as many people (including myself) once imagined. I used to believe in the vision of Web3 and in dApps. Now I don't. Blockchain is essentially just an asset ledger. They will reshape finance, but that's about it, nothing much more. DePIN is another noteworthy area. Cryptocurrency will continue to improve, but all the truly interesting questions have already been answered, except for the issue of on-chain privacy/confidentiality. (I still firmly believe that Zama will win this race.)"Shortly after, Kyle quickly deleted the tweet and earlier today posted a resignation announcement, stating that he has decided to step down from Multicoin Capital and will continue to serve as the chairman of Forward Industries (the largest SOL treasury company), looking forward to taking a break and exploring new directions in the tech field.Kyle also tweeted in response that he remains extremely bullish on SOL and cryptocurrency personally, and will continue to participate in the cryptocurrency space both as an individual and as the chairman of Forward.However, Multicoin Capital's letter to LPs may further validate the notion that "Kyle is no longer interested in crypto." The letter states, "Kyle's interests have expanded from cryptocurrency to other tech fields such as artificial intelligence, life sciences, and robotics, and he has decided to invest time in exploring these emerging technologies."

Gate founder Dr. Han confirmed attendance at Consensus HK, participating in Gate's series of industry exchange activities and delivering a keynote speech

According to official news, Gate founder and CEO Dr. Han has confirmed his attendance at the upcoming Consensus HK conference, where he will also participate in a series of industry exchange activities hosted by Gate and deliver a keynote speech during the event, engaging in in-depth discussions with global Web3 industry practitioners.Consensus HK will take place from February 10 to February 12, gathering core industry participants including representatives from global investment institutions, traditional finance practitioners, Web3 entrepreneurs, and protocol parties. During the conference, Dr. Han will deliver an important keynote speech, sharing Gate's practices and thoughts on globalization, compliance development, and Web3 infrastructure construction. At that time, Gate will also host various forms of exchange activities around core topics such as investment, technology, and institutional collaboration, building a high-quality dialogue and collaboration platform to promote in-depth interaction between different circles and ecological roles.As a leading global cryptocurrency trading platform, Gate is deeply involved in major global Web3 industry summits, connecting capital, technology, and application ecosystems through diverse offline exchange scenarios. In the future, Gate will continue to promote industry communication and cooperation, driving the long-term construction and collaborative development of Web3. More information about related activities will be announced in the near future, so please stay tuned.
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