Crypto Twitter of the Week: Binance Faces More Insider Trading Allegations

Crypto this week was mixed. In his fourth week of 2023, Bitcoin’s price remained virtually unchanged from last weekend, after three consecutive weeks of gains. Ethereum has fallen slightly, but several altcoins such as Aptos (APT), Axie Infinity (AXS) and Avalanche (AVAX) have managed sizeable gains. .

On Monday, Coinbase director Conor Grogan claimed that there had been fairly overt insider trading on Binance over the past 18 months.this is not the first time Such claims have been made.

Over the weekend, researchers at crypto financial services platform Matrixport said the end of the first day of Chinese New Year would be best time Based on the last 8 years, you can open a long cryptocurrency position with an average profit of 9% when selling after 10 days.their The findings were widely shared on Monday.

On Tuesday, the Crypto Whale news account @unusual_whales An ongoing investigation into Sam Bankman-Fried, the disgraced former CEO of the now-bankrupt FTX exchange, has revealed the latest assets to be seized by authorities.And we all thought he was his fault last hundred thousand dollars!

On that day, El Salvador’s Bitcoin-obsessed authoritarian President Naive Bukele posted a series of multi-threaded hit articles criticizing his decision to force his country to accept Bitcoin as legal tender. Did. In his thread, he wants everyone to know that El Salvador is doing well. On that day, his government paid off his $800 million bond that matured.

Cryptocurrency lender Genesis claims it owes $21 million from one Roger Ver, also known as the “Jesus of Bitcoin.”Roger have other ideas And Genesis replied that, as purportedly stipulated in the contract, it needed to be settled before he could fulfill his obligations.

Republican Rep. Bill Heizenga on Tuesday offered some sharp words to the U.S. Securities and Exchange Commission, a regulator that has doubled down on efforts to control the cryptocurrency industry after a string of recent bankruptcies. issued.

Also that day, Twitter user Paul (@Darkport) found an attractive departure clause buried in the legal issues of Porsche’s NFT publication page. According to Paul, a clause like this would start a debate about the reimbursability of NFTs, and it’s certainly a debate regulators would love to hear more about.

Twitter user @digentralandNFTS, who regularly tweets about NFTS, posted a ton of stats from the launch week of Yuga Labs’ new Bored Ape Yacht Club (BAYC)-inspired crypto-integrated arcade game on Wednesday. dookie dash.

Robinhood’s official Twitter account was hacked mid-week. Luckily it was an obvious hack. Binance CEO Changpeng Zhao helped sound the alarm.

Crypto analyst Adam Cochran was upset that the official McDonalds account misappropriated cutting-edge cryptocurrencies.

Thursday, Crypto User @ autism capitalWe posted a comprehensive list of FTX creditors who regularly rant about industry news stories.

News also surfaced this week that FTX executives are investing in disgraced New York State Rep., Republican George Soros.When sure liar.

Finally, one of the founders of the Bored Ape Yacht Club made a solemn announcement Saturday leaving the space.