Bitcoin advocate criticized for backing wallet authentication project
— Prominent advocate, Critics irrelevant, Related, Expressing, Crypto twitter, Platform, Solend, Ground, Another defi platform called mango markets, Us democratic legislators, Disagree, Initial proposal — 1 min read
Nic Carter is a prominent advocate of Bitcoin (BTC) for his involvement in Dynamic, a third-party wallet authentication project. Dynamic could potentially prevent wallet transactions to be performed if a wallet is categorized as risky. Twitter users flocked to Carter’s Twitter, expressing their disappointment because of the move. Despite the criticisms, Carter stood his ground, calling his critics irrelevant and asking those who disagree with his investments to simply unfollow him on the social platform. Earlier in June, lending platform Solend approved a whale wallet takeover plan to avoid the liquidation of a Solana whale that could trigger decentralized finance (DeFi) implosion. However, due to backlash from community members, the project decided to create a second vote to invalidate the initial proposal. Source