Bankless Co-Founder Explains Why He Sold All His ETH Bankless co-founder David Hoffman said in a May 29 interview with Unchained that selli…
Bankless Co-Founder Explains Why He Sold All His ETH
Bankless co-founder David Hoffman said in a May 29 interview with Unchained that selling all his ETH was not because he is bearish on Ethereum, nor does he want to be labeled a “defector.” He said the decision came down to opportunity cost, as he sees better opportunities elsewhere.
Hoffman noted that Bankless was built around the thesis of Ether as money, but he now believes ETH is difficult to re‑rate. In his view, Ethereum lacks the strong coordination and execution needed to regain its unique momentum.
More from Frens Market Feeds
- Thu, 04 Jun 2026 11:48:04 GMTCryptoQuant: BTC Short-Term Holders Show Strongest Capitulation Signal of the Year According to CryptoQuant, Bitcoin short-term holders hav…
- Thu, 04 Jun 2026 11:19:47 GMTSpacecoin Announces $100M Vietnam Deal to Build Decentralized Satellite Network Spacecoin, which describes itself as a satellite-powered De…
- Thu, 04 Jun 2026 08:08:19 GMTArthur Hayes Sells HYPE and NEAR, Warns Market May Peak Before September BitMEX co-founder Arthur Hayes said he has sold all of his HYPE an…
- Thu, 04 Jun 2026 06:04:56 GMTHyperliquid’s May Perps Volume Hits Record 6.63% of Global CEX Total and 14.4% of Binance Hyperliquid saw its May perps volume rise to a re…
- Thu, 04 Jun 2026 04:52:47 GMTBitcoin Drops Over 16% in a Month While S&P 500 Gains 5% Charles Schwab’s Jim Ferraioli said Bitcoin’s recent underperformance is less abou…
- Thu, 04 Jun 2026 04:07:57 GMTFG Nexus Losses on Ethereum Treasury Strategy Top $85 Million Nasdaq-listed Ethereum treasury firm FG Nexus bought 50,770 ETH for about $19…
- Wed, 03 Jun 2026 22:56:40 GMTLargest Ethereum Treasury Company Bitmine Plans 3 Million Shares of 9.50% Perpetual Preferred Stock, Proceeds May Be Used to Acquire Additi…
- Wed, 03 Jun 2026 21:42:52 GMTBITMINE FILES FOR PREFERRED STOCK OFFERING OFFERING A YIELD OF 9.5%: FILING 🔗 velo.xyz