“Crypto Industry Experiences a Week of Big Changes and Shifts in Power”

Week, former time president keith grossman announced he was leaving his media giant to take up a new position as president of enterprise at crypto payments startup moonpay. ethereum inventor and co-founder vitalik buterin denounced governance token speculation, while huobi and tron partnered with dominica to create the “world’s first national token dmc (domina coin).” greg osuri, the founder of open-source cloud computing marketplace akash, shared an eerie screenshot with a code-savvy chatbot.

Bankman-fried gave several interviews throughout the week, including on tiffany fong’s youtube channel, the new york times’ annual dealbook summit, good morning america, and a twitter spaces attended by more than 39,000 people. jesse powell, former ceo of centralized exchange kraken, continued to lay into him, while canadian businessman kevin o’leary remained in bankman-fried’s camp. house financial services chair maxine waters also invited sbf to washington to testify before the committee.

Announced that apple had blocked the release of an update for its mobile application until the exchange disabled its nft transfer feature. metamask developer dan findlay and maya zehavi, a founding board member of the israeli blockchain industry forum, both stood by coinbase and ranted about the measure. blockchain analytics firm glassnode announced that crypto’s shrimps had been buying the dip since ftx went bust, while blockfi announced it was filing for bankruptcy. it was a slow news week in the industry, perhaps a cooling-off period after the overheated cycle both during and after ftx’s demise.


By Evey Lovelace

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