Week saw solana rally by 36%. gemini and its lending partner, crypto prime broker genesis, were accused of owing $900 million to users of gemini’s earn service. cameron winklevoss wrote an open letter to barry silbert, ceo of digital currency group, accusing him of mismanaging $1.675 billion of creditors’ and investors’ funds. max berger claimed sam bankman-fried, ceo of ftx, supported right-leaning democrats and right-voting billionaires to stunt the growth of more progressive voices. blockchain sleuth @zachxbt publicly pilloried twitch streamer and nft creator dnp3 for squandering investors’ funds in crypto casino stake. charles hoskinson served up a watertight economic argument for right-clicking and saving other people’s nft profile pics. financial times reporter kadhim shubber tweeted an update about celsius’ ongoing bankruptcy proceedings. huobi announced mass layoffs as a result of the bear market. ryan selkis, co-founder of crypto market intelligence firm messari, was briefly suspended from twitter.
Events took place this week, with the majority of the action occurring online. gemini’s earn service users have been unable to withdraw their money since ftx collapsed in november. barry silbert vehemently denied the charges in cameron winklevoss’ open letter. several tweeters responded to kadhim shubber’s update by highlighting the advantage of self-custody. dnp3 said he is “working with a help group” to recover from his gambling addiction. several popular exchanges have announced mass layoffs as a result of the bear market.
Events were triggered by the bear market, which has caused mass layoffs and a decrease in crypto prices. gemini and its lending partner genesis were accused of owing $900 million to users of gemini’s earn service. cameron winklevoss wrote an open letter to barry silbert, ceo of digital currency group, accusing him of mismanaging $1.675 billion of creditors’ and investors’ funds. max berger claimed sam bankman-fried, ceo of ftx, supported right-leaning democrats and right-voting billionaires to stunt the growth of more progressive voices. blockchain sleuth @zachxbt publicly pilloried twitch streamer and nft creator dnp3 for squandering investors’ funds in crypto casino stake. charles hoskinson served up a watertight economic argument for right-clicking and saving other people’s nft profile pics. the events were a result of the bear market and the financial uncertainty it has caused.
https://decrypt.co/118675/this-week-on-crypto-twitter-winklevoss-silbert-sbf-trump-donations
