B Better Have My Money and 20 Crypto Jokes
This week in crypto: on-chain data suggested whales were unloading BTC at a record-breaking rate, Elon Musk might step down as the CEO of Twitter and DOGE reacted, the ARG price dropped in the wake of Argentina’s triumph in the FIFA World Cup, and Core Scientific filed for bankruptcy. Charles Hoskinson called the XRP community "toxic and petty" and argued that the project "provides no partnership or technical value", almost 8 in 10 Russians said bitcoin is the “most reliable” cryptoasset in circulation, and a new report showed DeFi outperforming traditional finance in market conditions. Meanwhile, Visa released a proposal that would enable Ethereum users to make automated programmable payments. Experts explained why Terra’s Do Kwon might be in Serbia, while Sam Bankman-Fired agreed to be extradited to the US, soon signed the extradition papers, and was officially extradited on Thursday. The new FTX management said they’d retrieve money p...