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ADA’s price was down 0.42% and was trading at $0.3637 at press time.
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Kannan warned against excessive risk-taking; advocated addressing issues separately from Ethereum’s core protocol.
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The Chopping Block discussed Ethereum’s consensus and risks of overloading with EigenLayer founder Sreeram Kannan.
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Dogecoin was developed by software developers Billy Markus and Jackson Palmer as a joke to mock what many saw as an irrational investment hype surrounding cryptocurrencies.
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Celsius filed for Chapter 11 protection in July, one of several crypto lenders to go bankrupt following the rapid growth of the industry during the COVID pandemic.
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New Jersey-based Celsius also confirmed that it has secured a backup bid with the Blockchain Recovery Investment Consortium (BRIC), a holding company affiliated with the Winklevoss-owned Gemini Trust.
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