📰 Forbes described Ripple's (XRP) blockchain as ineffective and its token as speculative. This situation called into question the value and use of Ripple.

🛡️ Charles Hoskinson and crypto supporters defended Ripple by criticizing Forbes' report.

Forbes claimed that Ripple failed to achieve its goal of improving the global financial network and called the company's blockchain "useless". He also suggested that XRP “has no purpose other than speculation.”

Cardano founder Charles Hoskinson was one of those who spoke out against Forbes' report. Hoskinson jokingly stated that cryptocurrencies such as Ripple, Algorand, Tezos, Bitcoin Cash and Stellar are "zombies".