During an exclusive conference at the Breakpoint event, with MessariCEO and co-founder of, Ryan Selkishe search into the intricacies of the cryptocurrency landscape, focusing on the ongoing information warfare and regulatory challenges facing the sector. Ryan addressed key issues and provided an overview of the current situation.
Messari focuses on providing data and analytics services for the cryptocurrency and blockchain industries. Their goal is to provide users and institutions with reliable information and tools to make better decisions in the web3 ecosystem.
He argued that business intelligence is crypto’s defense technology in information warfare. He spoke about the importance of data, saying that being well-informed is crucial to meeting the challenges posed by regulators, policymakers and mainstream media.
Drawing parallels between culture, politics, the personal, and the policy, Selkis emphasized the multifaceted nature of information warfare. He gave examples of recent incidents, including the Wall Street Journal article on Hamas crypto funding, a mysterious broker called Promethium, and the impact of stablecoin flows on the regulatory environment.
In reference to the WSJ article, he highlighted its detrimental impact on the industry, especially after the facts in the article were examined for authenticity, alleging funding from Hamas. This incident, widely known and discussed, was very damaging.
Over the past few weeks, a micro-news war has been going on over this specific topic, with the crypto community on Twitter actively fact-checking not only the article but also the industry itself. The article, which was incorrectly sourced, had a lasting negative impact on the industry’s relationships with regulators and policymakers.
The path to follow
In addition to mentioning a data-driven information process, the Messari boss provided insight into effective combat tactics for the crypto community. He mentioned the power of citizen journalism, citing examples of Nic Carter and Matt Walsh debunking crypto-related misinformation and misinformation.
Nic Carter is a well-known cryptocurrency researcher and commentator, while Matt Walsh is an American cryptocurrency commentator known for his insights and analysis. Both individuals have made significant contributions to the understanding and development of cryptocurrencies and blockchain technology. Together, they welcome the “On the Brink of the Abyss Podcast” which discusses the importance of crypto and blockchain.
On the policy side, he emphasized the need to provide educational systems such as Coinbase provided, “Stand with Crypto.” It is “an information resource that helps people understand how to get involved, where to get involved, who is good at crypto, who is bad.”
Third, he suggested that, from a personal perspective, it is important to take proactive self-regulatory measures. The idea is to engage in self-regulation and take on some of the responsibilities expected of regulators without waiting for external regulations to be imposed from above through law.
He also added that the industry should take the opportunity to fuel class action lawsuits, amicus briefs (legal documents submitted in support of a particular side in a case) and other initiatives that can hold companies accountable. individuals or groups facing challenges within the industry.
By initiating legal actions such as class actions and filing amicus briefs, it is possible to resolve issues, which may influence policy or legal outcomes.
Ryan called for measures for greater transparency among political figures. He urged leaders to openly embrace digital assets and encouraged the community to follow the money, examining policy contributions and alliances that could impact the regulatory landscape.