This Altcoin Has Partnered With The Major European Exchange!

Major European exchange WhiteBIT has announced a new partnership with the Cardano Foundation. The altcoin price has not yet reacted to the news. Cardano Founder expresses anger at former FTX CEO’s ‘softball’ news following the stock market’s bankruptcy and shady financial practices.

Cardano partners with WhiteBIT, altcoin price unresponsive

WhiteBIT users are now able to trade ADA perpetual futures as a first step in cooperation. The Trade platform says its affiliation with Cardano offers ‘lots’ of unique events. For example, the WhiteBIT exchange will also take part in the Cardano Summit.

At press time, the altcoin remains the ninth largest cryptocurrency by market cap. The token that underpins the Cardano Blockchain is currently trading at $0.32 on major spot exchanges. The altcoin, meanwhile, is down 89.31% from the record level it achieved last September.

SBF reviews from Hoskinson, Musk, Snowden

Crypto Twitter is expressing anger at the ‘softball’ news of the former FTX CEO following the stock market’s bankruptcy and shady financial practices. In a tweet today, it came from Charles Hoskinson, founder of Input Output Global. Cardano inventor claimed that Sam Bankman-Fried’s political donations protected him from accountability, even from the media. In this context, Hoskinson shared the following:

Gentlemen, it might be a good idea to donate some money to some politicians. It seems you can get away with everything and have zero media responsibility.

These criticisms came in response to a New York Times article describing FTX’s collapse and detailing an hour-long interview with the former FTX CEO. A few industry participants point out the NYT’s hesitation to portray SBF as a lousy actor. For this reason, they also point out that the interview failed to ask the hard questions.

For example, did it have a backdoor to access FTX funds? Why was he constantly lying to customers? Why did they claim to process Bahamian withdrawals at the behest of Bahamian regulators? Etc. In particular, these questions remained unanswered.

As highlighted above, Hoskinson wasn’t the only one to describe the article as a ‘puff piece’. Additionally, the crypto community has called into question the glorification of SBF by the mainstream media prior to the FTX collapse. He now emphasized his reluctance to portray him badly.

In response, Elon Musk sarcastically asked, “Why the NYT puff piece?” Musk has previously expressed similar sentiments to Hoskinson. He also claimed that the former head of FTX had not come under regulatory scrutiny until now due to his political donations.

Meanwhile, former National Security Agency informant Edward Snowden also swiped the article. According to Snowden, the SBF gets a ‘puff piece’ while his friend Daniel Hale, who infiltrates the NSA, is mistreated and suffers in jail.