In a recent controversial Forbes article, several blockchains were dubbed as 'Crypto Zombies,' a term that sparked outrage among the Web3 community. Among those leading the charge against these allegations were Cardano founder Charles Hoskinson, XRP lawyer Bill Morgan, and Anodos Finance Co-founder Panos Mekras.

They vehemently defended their projects and the broader crypto ecosystem from what they perceive as unfounded criticism.

Cardano Founder Defends ADA & XRP Hoskinson's response on X highlighted a collective defense of the affected blockchains, including Ripple, Tezos, and Bitcoin Cash. With a hint of humor, he remarked, "I guess it's because we have brains," showing unwavering confidence in the utility and future of Cardano and the wider Web3 space.

This sentiment was echoed by several stakeholders who came to support Hoskinson's stance.

Bill Morgan, representing XRP, took a more direct approach by highlighting the continued interest and faith in Ripple's utility despite ongoing regulatory challenges in the US. Similarly, Mekras criticized Forbes for spreading misinformation and called for more accurate journalism in covering the crypto industry.

Forbes' Controversial Claims The Forbes article in question scrutinized several prominent blockchains, questioning their utility and sustainability. It labeled blockchains like Ripple and Cardano as 'crypto zombies,' suggesting they operate without substantial real-world use.

This portrayal not only challenged the legitimacy of these projects but also sparked a broader debate on the value and future of cryptocurrencies beyond Bitcoin and Ethereum.

"Buyer beware. The lunatics are running the crypto asylum."

This concluding remark from the Forbes article particularly struck a nerve within the crypto community, leading to a unified stand against the accusations. The response from industry leaders underscores the ongoing tension between traditional financial media and the innovative yet volatile world of cryptocurrency.

The backlash against the Forbes article is a testament to the growing divide between traditional financial perspectives and the evolving Web3 landscape.

As the debate continues, the crypto community remains steadfast in defending the utility, innovation, and potential of blockchain technology amidst skepticism and criticism.