This week on Crypto Twitter: Musk and Dorsey text correspondence leaked, Do Kwon claims (more) innocence

This week on Crypto Twitter: Musk and Dorsey text correspondence leaked, Do Kwon claims (more) innocence

Illustration by Mitchell Brewer to decode

Bitcoin and Ethereum managed to escape from a wider slice This week as the market briefly regained its $1 trillion market cap. XRP, Cardano, Chainlink and Cosmos recorded the biggest losses among the top 20 coins.

The week started on crypto Twitter with Ukraine DAO – a decentralized autonomous organization (DAO) that has so far worked to increase Millions For Ukraine’s defense and relief work since the start of the Russian invasion – tweeting that he’s making preparations “Iran DAOTo support Iranian women, many of whom have been protesting Iran’s Islamic regime since the death of activist Mahsa Amini in police custody on September 16.

On that day, hacker Corben Leo made the dodgy world of white hat hacking more transparent. A white-hat hacker is usually a cyber security guard who discovers weaknesses in code and exploits them, usually in order to claim a reward for doing so.

Also on Monday, a cybersecurity researcher named James Edwards published a theory last month Wintermott hacked $160 million It was an inside job. Edwards’ claims have not been confirmed by other blockchain security experts, but some believe they certainly are Possibility.

On Tuesday, Cameron Winklevoss, who co-founded crypto exchange Gemini with his identical twin Tyler, weighed in on the latest Bitcoin. Season from the stock market.

On Wednesday, climate journalist Ketan Joshi posted a damned hard note about Bitcoin’s carbon footprint.

FTX reshuffle

There have been some big changes this week on the cryptocurrency exchange FTX. For a start, Brett Harrison, who joined FTX US as its first president in May last year, announced that step down and transition to an advisory role.

Honorary President Sam Bankman-Fried tweeted his farewell and sounded optimistic about the FTX push in the US.

Akash Pasricha, reporter for the technology industry publication the informationAnd the He posted a brief analysis of the new FTX team on Friday.

Do Kwon is still not working

CEO Terra Do Kwon wants everyone to know he’s not bothered by fluff or his conscience. When headlines appeared earlier this month saying that a South Korean court has issued an arrest warrant For him for violating the rules of the capital market (while the Ministry of Finance was seeking to revoke his passport), Kwon assured followers that not on the lam.

On Wednesday, Kwon responded to rumors that he had attempted to cash out $67 million in bitcoin the day after the memo was issued.

Epic Elon on Twitter

Tesla and SpaceX CEO Elon Musk is currently facing a lawsuit against him by Twitter for trying to back out of his deal to buy the social media platform. As part of the legal discovery process, the courts have released more than a hundred pages of correspondence between Musk and various others, including bitcoin-loving Twitter founder Jack Dorsey.

It turns out that even CEOs need help with their homework sometimes. Twitter user Santosh Kumar used an ironic look for Musk’s brevity.

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