• bitcoinBitcoin (BTC) $ 97,717.00
  • ethereumEthereum (ETH) $ 2,732.29
  • xrpXRP (XRP) $ 2.47
  • tetherTether (USDT) $ 1.00
  • bnbBNB (BNB) $ 698.03
  • solanaSolana (SOL) $ 195.81
  • usd-coinUSDC (USDC) $ 0.999900
  • dogecoinDogecoin (DOGE) $ 0.263102
  • cardanoCardano (ADA) $ 0.794296
  • staked-etherLido Staked Ether (STETH) $ 2,736.29
  • tronTRON (TRX) $ 0.243062
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 97,499.00
  • chainlinkChainlink (LINK) $ 19.16
  • suiSui (SUI) $ 3.58
  • wrapped-stethWrapped stETH (WSTETH) $ 3,266.60
  • avalanche-2Avalanche (AVAX) $ 26.49
  • stellarStellar (XLM) $ 0.331152
  • shiba-inuShiba Inu (SHIB) $ 0.000017
  • the-open-networkToncoin (TON) $ 3.81
  • litecoinLitecoin (LTC) $ 121.85
  • leo-tokenLEO Token (LEO) $ 9.80
  • hedera-hashgraphHedera (HBAR) $ 0.232940
  • hyperliquidHyperliquid (HYPE) $ 25.56
  • usdsUSDS (USDS) $ 1.00
  • wethWETH (WETH) $ 2,734.19
  • polkadotPolkadot (DOT) $ 5.21
  • bitget-tokenBitget Token (BGB) $ 6.03
  • bitcoin-cashBitcoin Cash (BCH) $ 342.94
  • ethena-usdeEthena USDe (USDE) $ 0.999400
  • uniswapUniswap (UNI) $ 9.95
  • mantra-daoMANTRA (OM) $ 5.72
  • wrapped-eethWrapped eETH (WEETH) $ 2,897.26
  • ondo-financeOndo (ONDO) $ 1.39
  • pepePepe (PEPE) $ 0.000010
  • moneroMonero (XMR) $ 226.66
  • nearNEAR Protocol (NEAR) $ 3.42
  • whitebitWhiteBIT Coin (WBT) $ 27.36
  • aaveAave (AAVE) $ 252.56
  • internet-computerInternet Computer (ICP) $ 7.38
  • aptosAptos (APT) $ 6.15
  • mantleMantle (MNT) $ 1.04
  • daiDai (DAI) $ 0.999605
  • bittensorBittensor (TAO) $ 401.08
  • susdssUSDS (SUSDS) $ 1.03
  • ethereum-classicEthereum Classic (ETC) $ 21.31
  • okbOKB (OKB) $ 51.66
  • official-trumpOfficial Trump (TRUMP) $ 15.34
  • vechainVeChain (VET) $ 0.035358
  • gatechain-tokenGate (GT) $ 22.45
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.326894
  • crypto-com-chainCronos (CRO) $ 0.094800
  • algorandAlgorand (ALGO) $ 0.301994
  • kaspaKaspa (KAS) $ 0.097739
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 97,746.00
  • render-tokenRender (RENDER) $ 4.62
  • jupiter-exchange-solanaJupiter (JUP) $ 0.857214
  • tokenize-xchangeTokenize Xchange (TKX) $ 27.92
  • cosmosCosmos Hub (ATOM) $ 5.04
  • filecoinFilecoin (FIL) $ 3.47
  • arbitrumArbitrum (ARB) $ 0.493272
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.819193
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997625
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 97,072.00
  • sonic-3Sonic (prev. FTM) (S) $ 0.545297
  • celestiaCelestia (TIA) $ 3.23
  • fasttokenFasttoken (FTN) $ 3.94
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,730.62
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,834.23
  • binance-staked-solBinance Staked SOL (BNSOL) $ 202.30
  • raydiumRaydium (RAY) $ 5.23
  • lido-daoLido DAO (LDO) $ 1.71
  • optimismOptimism (OP) $ 1.12
  • kucoin-sharesKuCoin (KCS) $ 12.35
  • blockstackStacks (STX) $ 0.981400
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 97,481.00
  • xdce-crowd-saleXDC Network (XDC) $ 0.093793
  • injective-protocolInjective (INJ) $ 14.85
  • immutable-xImmutable (IMX) $ 0.824630
  • theta-tokenTheta Network (THETA) $ 1.43
  • ethenaEthena (ENA) $ 0.452840
  • bonkBonk (BONK) $ 0.000018
  • the-graphThe Graph (GRT) $ 0.144622
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,070.25
  • nexoNEXO (NEXO) $ 1.35
  • movementMovement (MOVE) $ 0.560902
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,888.89
  • worldcoin-wldWorldcoin (WLD) $ 1.28
  • flare-networksFlare (FLR) $ 0.021045
  • usual-usdUsual USD (USD0) $ 0.997454
  • jasmycoinJasmyCoin (JASMY) $ 0.022723
  • sei-networkSei (SEI) $ 0.240722
  • dexeDeXe (DEXE) $ 18.61
  • galaGALA (GALA) $ 0.024018
  • solv-protocol-solvbtc-bbnSolv Protocol SolvBTC.BBN (SOLVBTC.BB) $ 96,913.00
  • eosEOS (EOS) $ 0.657978
  • the-sandboxThe Sandbox (SAND) $ 0.403521
  • msolMarinade Staked SOL (MSOL) $ 248.12
  • flokiFLOKI (FLOKI) $ 0.000100
  • tezosTezos (XTZ) $ 0.912871
  • ethereum-name-serviceEthereum Name Service (ENS) $ 27.25
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.38
  • iotaIOTA (IOTA) $ 0.246632
  • bittorrentBitTorrent (BTT) $ 0.00000089
  • jito-governance-tokenJito (JTO) $ 2.99
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,834.07
  • makerMaker (MKR) $ 1,015.73
  • ultimaUltima (ULTIMA) $ 19,082.14
  • flowFlow (FLOW) $ 0.531815
  • wbnbWrapped BNB (WBNB) $ 697.81
  • neoNEO (NEO) $ 11.55
  • bitcoin-svBitcoin SV (BSV) $ 40.92
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 212.55
  • chain-2Onyxcoin (XCN) $ 0.024406
  • kaiaKaia (KAIA) $ 0.134598
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 97,417.00
  • roninRonin (RON) $ 1.25
  • pyth-networkPyth Network (PYTH) $ 0.211345
  • usddUSDD (USDD) $ 1.00
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.54
  • spx6900SPX6900 (SPX) $ 0.775294
  • tether-goldTether Gold (XAUT) $ 2,895.65
  • curve-dao-tokenCurve DAO (CRV) $ 0.553155
  • axie-infinityAxie Infinity (AXS) $ 4.43
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,890.17
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.263227
  • heliumHelium (HNT) $ 3.78
  • elrond-erd-2MultiversX (EGLD) $ 23.69
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.010365
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,735.08
  • decentralandDecentraland (MANA) $ 0.338267
  • fraxFrax (FRAX) $ 0.995777
  • starknetStarknet (STRK) $ 0.244160
  • berachain-beraBerachain (BERA) $ 5.85
  • aerodrome-financeAerodrome Finance (AERO) $ 0.825256
  • arweaveArweave (AR) $ 9.58
  • usdx-money-usdxusdx.money USDX (USDX) $ 0.998208
  • dogwifcoindogwifhat (WIF) $ 0.604998
  • ai16zai16z (AI16Z) $ 0.546451
  • chilizChiliz (CHZ) $ 0.063802
  • pax-goldPAX Gold (PAXG) $ 2,912.20
  • pendlePendle (PENDLE) $ 3.59
  • matic-networkPolygon (MATIC) $ 0.326824
  • paypal-usdPayPal USD (PYUSD) $ 1.00
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,733.23
  • dydx-chaindYdX (DYDX) $ 0.800264
  • conflux-tokenConflux (CFX) $ 0.118879
  • fartcoinFartcoin (FARTCOIN) $ 0.575199
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,733.05
  • beam-2Beam (BEAM) $ 0.010735
  • resolv-usrResolv USR (USR) $ 1.00
  • pumpbtcpumpBTC (PUMPBTC) $ 91,726.00
  • telcoinTelcoin (TEL) $ 0.007071
  • insurance-2INSURANCE (INSURANCE) $ 29.31
  • apecoinApeCoin (APE) $ 0.750257
  • kavaKava (KAVA) $ 0.498492
  • meowMEOW (MEOW) $ 0.005898
  • ecasheCash (XEC) $ 0.000027
  • aioz-networkAIOZ Network (AIOZ) $ 0.456670
  • wormholeWormhole (W) $ 0.183848
  • beldexBeldex (BDX) $ 0.075095
  • coredaoorgCore (CORE) $ 0.551818
  • zcashZcash (ZEC) $ 32.75
  • compound-governance-tokenCompound (COMP) $ 58.14
  • thorchainTHORChain (RUNE) $ 1.44
  • reserve-rights-tokenReserve Rights (RSR) $ 0.009140
  • deepDeepBook (DEEP) $ 0.197589
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 97,779.00
  • true-usdTrueUSD (TUSD) $ 0.996205
  • amp-tokenAmp (AMP) $ 0.005830
  • akash-networkAkash Network (AKT) $ 1.98
  • clbtcclBTC (CLBTC) $ 97,711.00
  • newton-projectAB DAO (AB) $ 0.010909
  • chex-tokenCHEX Token (CHEX) $ 0.478438
  • gnosisGnosis (GNO) $ 178.52
  • tbtctBTC (TBTC) $ 97,304.00
  • apenftAPENFT (NFT) $ 0.00000046
  • morphoMorpho (MORPHO) $ 2.01
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000082
  • based-brettBrett (BRETT) $ 0.045371
  • axelarAxelar (AXL) $ 0.488085
  • quantixaiQuantixAI (QAI) $ 85.70
  • mina-protocolMina Protocol (MINA) $ 0.365100
  • dohrniiDohrnii (DHN) $ 7.51
  • stakestone-berachain-vault-tokenStakeStone Berachain Vault Token (BERASTONE) $ 2,708.69
  • eigenlayerEigenlayer (EIGEN) $ 1.74
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 1.00
  • super-oethSuper OETH (SUPEROETHB) $ 2,736.85
  • echelon-primeEchelon Prime (PRIME) $ 7.61
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 2,982.01
  • zksyncZKsync (ZK) $ 0.111002
  • trust-wallet-tokenTrust Wallet (TWT) $ 0.974537
  • olympusOlympus (OHM) $ 24.65
  • hashnote-usycHashnote USYC (USYC) $ 1.08
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • usdbUSDB (USDB) $ 0.998599
  • ai-rig-complexAI Rig Complex (ARC) $ 0.397095
  • polygon-pos-bridged-weth-polygon-posPolygon PoS Bridged WETH (Polygon POS) (WETH) $ 2,735.96
  • verus-coinVerus (VRSC) $ 5.04
  • 1inch1inch (1INCH) $ 0.272883
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.08

Former Helius engineer describes founder Mert Mumtaz as toxic in lengthy X post

Former Helius engineer describes founder Mert Mumtaz as toxic in lengthy X post

Former Helius lead infrastructure engineer Miles Smith has accused Helius founder Mert Mumtaz of corporate misrepresentation, workplace toxicity, and attempting to sabotage his career after he left Helius in 2023.

In a lengthy X article posted on January 30, 2025, Smith claimed, among other things, that Mumtaz stole intellectual property from the winning team at a Solana (SOL) hackathon in 2023, screamed verbal abuse at a corporate vendor, and used deceptive tactics to misrepresent the technical capacity of Helius in a way that inflated its appearance. Eventually, Smith said, Mumtaz constructively dismissed him and began actively obstructing subsequent fundraising efforts for his new startup.

https://t.co/Ag4Jiaj5cP

— miles̴ (@wedtm) January 30, 2025

According to Smith, the genesis of his dispute with Mumtaz stemmed from what he described as an “unconventional” corporate structure at Helius, where Mumtaz hired a C-team made up of only former Coinbase and AWS engineers without any prior C-level experience. He claims that when he suggested that more experience was needed, Mumtaz took it as a threat, and began laying the groundwork for his constructive dismissal.

You might also like: Helius shows off Solana’s upgrades and improvements

Intellectual property theft and workplace toxicity

In the article, Smith referenced the Infrastructure and Tools track at Grizzlython, the 2023 Solana hackathon, where Xray came second with its human-readable Solana block explorer. According to him, despite Mumtaz having already hosted and funded the Xray team earlier which should have counted as a conflict of interest, Mumtaz was allowed to vote, which helped at least partially in helping the team finish second.

Subsequently he said, Mumtaz claimed Xray as a Helius product and informed the team that they had received payment for it by being among the Hackathon winners. Smith also claimed that he subsequently witnessed Mumtaz scream abuse at a female Cloudflare sales rep because he was unhappy with the price of an Enterprise package.

Corporate misrepresentation and post-Helius career sabotage

Due to what he implied was a subpar recruitment policy of hiring incompetent AWS engineers, Smith claimed that Helius was falling short on multiple technical performance areas, and was masking the mediocre performance by using paid services like QuickNode to do the actual work it was pretending to do.

This matters because this is how Helius pretends to have the best uptime, when really they have shitty internal uptime and mask it by paying QuickNode to pick up the slack.

Eventually, Smith said, his relationship with Mumtaz deteriorated to the point where he got fired by text while attending his son’s baseball game. Smith claimed that it took a further 6 weeks to get Helius to honor his final paycheck. Subsequently, Smith revealed, many of his fundraising attempts for his startup have hit a brick wall once investors who have expressed keen interest reach out to Mumtaz for a reference.

In 2024, Helius raised a $9.5 million Series A funding round to help grow its head count from 14 full time staff to at least 18, including 4 new engineers.

Read more: Helius secures $9.5m to boost Solana developer platform

Source

Leave A Reply

Your email address will not be published.