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This Week on Crypto Twitter: SBF Resurfaces, Yuga Labs Resets, and Elon Musk’s Xmail May Challenge Gmail

February 26, 2024
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Illustration by Mitchell Preffer for Decrypt

Simply whenever you thought the world was able to overlook the catastrophic collapse of FTX and the conviction of its once-untouchable founder Sam Bankman-Fried, a photograph of the incarcerated former govt together with a handful of different prisonmates hit Twitter, due to Tiffany Fong.

Fong, who herself calls consideration to the absurdity of her involvement within the FTX drama (“it’s identical to this random fucking chick wandered into this very critical scenario,” she informed Rolling Stone), secured the picture after befriending Bankman-Fried’s former prisonmate “G Lock,” who referred to the FTX founder as his “son” and issued a name to U.S. President Joe Biden to pardon his now-bearded good friend.

Sufficiently scandalized, Crypto Twitter then enrolled in a course in crypto historical past.

Maybe the perfect factor to return out of the U.Okay. excessive court docket trial over whether or not litigious pc programmer Craig Wright is the pseudonymous creator of Bitcoin, Satoshi Nakamoto, are the archives of correspondence between Nakamoto and his collaborators (which embody first Bitcoin transaction recipient Hal Finney and nobody named Wright) which were unearthed and entered into proof.

First got here emails between Nakamoto and cryptographer and cypherpunk Adam Again—CEO and co-founder of Blockstream—going again effectively earlier than Bitcoin’s launch.

Then got here the testimony and related e-mail archives of pc scientist and software program developer Martti Malmi, an early Bitcoin contributor who glided by the nickname Sirius.

Intriguingly, whereas Bitcoin is hailed at the moment as a strong funding (acknowledged by regulated monetary markets within the type of new and red-hot spot trade traded funds) that is additionally an nameless technique of fee, Nakamoto was hesitant to tout both trait, asking to take away associated guarantees from the Bitcoin web site.

Within the degen suburbs of Crypto Twitter, it was oddly a company shakeup that acquired tweeps tweeting, as Greg “Garga” Solano introduced that he was returning to Yuga Labs as its CEO—changing Daniel Alegre, who came visiting from Activision however lasted lower than a 12 months on the helm.

Some information to share:

I’m stepping again in as CEO of Yuga Labs. Wylie and I are grateful for all of the contributions and operational rigor Daniel has delivered to the corporate, and admire his thoughtfulness and mentorship over the previous 12 months. I’m reinvigorated to be taking the…

— Garga.eth (Greg Solano) 🍌 (@CryptoGarga) February 21, 2024

“We need to unshackle the BAYC crew at Yuga as a lot as attainable to execute towards its imaginative and prescient,” Garga wrote. To take action, he promised to reinvigorate Otherside and place it as ”the lounge of Web3,” and to lean extra into gaming—from ”mass market,” enjoyable titles like Dookey Sprint to extra “crypto native mechanics and platforms.”

Lastly, Twitter was the basis of a briefly viral false rumor that Google was killing its immensely well-liked Gmail e-mail service. No, Google is just not killing Gmail—one thing the tech large needed to affirm—however it sparked sufficient of an issue that it prompted followers of Elon Musk to ask whether or not he had a aggressive service in thoughts as a part of his “the whole lot app” ambitions.

”It is coming,” he stated.

Keep on high of crypto information, get each day updates in your inbox.



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Tags: ChallengecryptoElonGmailLabsMusksResetsResurfacessbfTwitterWeekXmailYuga
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