This Week on Crypto Twitter: Musk Takeover, Twitter Crypto Wallet Reportedly in the Works

The industry was more optimistic than usual this week. After almost two months of week-long price stops or crashes, things seemed to be finally starting to rise again.

This was also the week that Tesla CEO, institutional Bitcoin HODLer and Dogecoin maxi Elon Musk finally closed his $44 billion Twitter acquisition bid. His new platform was an uproar after the news; although MicroStrategy’s executive chairman (and other Bitcoin whales) Michael Saylor and CEO of Binance Changpeng “CZ” Zhao were the most accommodating.

Musk officially took over Twitter on Thursday night, trolling followers with reports that he was already firing people. The two stated and credible “employees” pictured below were indeed professional trolls. Although Musk previously floated the idea of ​​firing 75% of Twitter’s employees (around 5,000 people), this week it appeared that he had cold feet on that proposal.

On Friday, Decrypt covered Crypto Twitter’s first day reactions to the new “Chief Twit” (as Musk now calls himself in his Twitter bio).

In other news…

While everyone was talking about a Web3-leaning tech billionaire who took over the world’s largest microblogging site, security researcher and Forbes 30 Under 30 wins Jane Manchun Wong reported that Musk’s new acquisition already appears to be developing a crypto wallet.

Bored Ape Yacht Club co-founder Wylie Aronow, best known by his alias “Gordon Goner,” wasn’t impressed with the recent anti-Semitic conspiracy theory that has come out as shameless rap megastar Kanye West over the past month. However, several Aronows tweeted about their own connection to one white supremacy author and publisher.

Later that evening, “Shwaz The Manager” posted a chart showing the exponential procurement of polygon trading on OceanSea thanks to Reddit’s polygon-based NFT avatars.

In a multiple tweet thread, Solana engineer @0xrooter accused FTX CEO Sam Bankman-Fried of market manipulation. It is not the first time people have suggested that the thirty-year-old billionaire may use his fortune for secret profiteering.

On Tuesday, CNBC’s technology correspondent Ryan Browne spotted Ripple billboards in central London.

Ethereum co-founder Vitalik Buterin claimed that gold is really just analog crypto on Wednesday.

On Thursday, CZ pointed out that Google is currently enabling a fairly obvious crypto security hazard.

Finally, an NFT researcher was able to prove beyond a shadow of a doubt what everyone already knew: few people really like giving tips if they can help it.