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This Week in Crypto: On-Chain Data Suggests Whales Are Unloading BTC at Record Rate, Elon Musk Could Quit as Twitter CEO and DOGE Respond, ARG Price Drops Following Argentina’s Triumph at the FIFA World Cup, and Core Scientific filed for bankruptcy. Charles Hoskinson called the XRP community “toxic and mean-spirited” and argued that the project “brings no partnership or technical value,” nearly 8 in 10 Russians said bitcoin is the “most popular” crypto-asset. reliable” in circulation, and a new report has shown that DeFi is outperforming traditional on-market funding. Meanwhile, Visa released a proposal that would allow Ethereum users to make automated programmable payments.
Experts have explained why Terra’s Do Kwon might be in Serbia, while Sam Bankman-Fired agreed to be extradited to the United States, quickly signed the extradition papers and was officially extradited on Thursday. FTX’s new management said it would recover money paid in political donations as part of its bankruptcy proceedings in the United States.
OKX said its 7-hour outage was due to hardware issues with its cloud service provider, Michael Burry argued audits of Binance and other exchanges are “essentially meaningless” because auditors don’t know how to deal with crypto, while Binance joined the Chamber of Digital Commerce in a move that was expected to boost its lobbying power over new crypto regulations. Jo Johnson, brother of Boris Johnson, has resigned from the UK advisory board of Bifinity, which is a unit of Binance, and a global drug cartel has laundered millions of dollars through Binance.
While all of this was going on, French financial regulators added a number of crypto trading websites to a blacklist of companies operating without proper permission, and the Reserve Bank of India governor said crypto could cause the next financial crisis. Meanwhile, South Korean police have charged a man with embezzlement and fraud, saying he fueled his crypto trading habits by selling fake concert tickets online. Crypto scammers were stepping up their catfishing campaigns on East Asian dating apps, and Donald Trump was heavily criticized for his NFT collection, poor editing and use of stock images.
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GM, CT!
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What’s new?
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And how was your year?
Source: makingmoneysimple / Instagram
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2023 is coming, it’s time to clean up.
Source: coin.office / Instagram
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‘Shut up and take my money!’
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Want to be best friends? Not the SBFs. BFF forever and ever.
Source: fintech_factory/Instagram
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Since the crypto Twitter is worried about choosing the next CEO, here are some options:
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Great time.
Source: naivememe / Twitter
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Let it go, ser…
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How to decide on a project.
Source: alves.trader_x_ / Instagram
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A twist on the classic.
Source: coin.office / Instagram
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Meeting.
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👀
Source: peaqnetwork/Twitter
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Phew!
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On top of their, uh, crispy.
Source: coin.office / Instagram
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“Thomas, you absolute worthless idiot!” »
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Notthomas?
Source: coingape.tv/Instagram
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Find the difference. To correct! Crypto smoothes your hair.
Source: nftmeme1 / Instagram
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Practically a parachute Olympian.
Source: cryptoinspirit_/Instagram
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And, of course, a documentary for you that documents documented history as it unfolded according to the documents.
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