This Week on Crypto Twitter: Tornado Cash Dev Alex Pertsev Returns! CZ says he’s not that rich

Bitcoin this week led a small market-covering rally after shares in First Republic Bank plunged when the institution’s latest quarterly report revealed a decline in deposits. On Sunday, it appears that some of the leading cryptocurrencies are to shrug off intraweek gains, but there has been no explosive price movement in either direction.

AI was a hot topic on Crypto Twitter this week. Electropop singer Grimes started the conversation on Monday when she offered 50% royalties to anyone who makes a hit using her machine-generated voice. In a follow-up tweet she said she would use smart contracts to issue the royalties.

Later in the week, Avenged Sevenfold singer and Ethereum maxi M. Shadows gave his two cents to Grimes’ proposal.

On Tuesday, Neeraj Agrawal – who heads communications at pro-cryptopolitical think tank CoinCentre – asked for donations to some Bitcoin developers currently embroiled in a legal battle with notorious industry troll Craig Wright, an Australian software developer who claims to be the man behind it. pseudonym Satoshi Nakomoto, the inventor of Bitcoin.

Bankrupt crypto lender Voyager broke the news that Binance US had the axe an agreement to acquire the company’s assets. Voyager was one of the high-profile casualties stemming from Terra’s collapse last May. In a statement to Decrypt, Binance cited “the hostile and uncertain regulatory climate in the US” as the main reason behind its decision to withdraw.

Solana announced a new integration with ChatGPT that day.

Avid tech fan @Odin_Free shared a pie chart highlighting how regulators have driven Ethereum principal deposits out of Kraken Exchange.

Bitcoin fell short on Wednesday. Will Clemente, founder of blockchain research firm Reflexivity Research, looked at the red lights.

It turned out that the world’s favorite crypto had fallen 7% in an hour according to reports of Blockchain analytics firm Arkham said wallets linked to the defunct Mt. Gox exchange and the US government had moved large Bitcoin containers. Arkham CEO Miguel Morel said the transactions were not connected, and Arkham itself later offered a somewhat confusing explanation.

The next day, analytics firm Glassnode showed followers how to track Mt. Gox and US government balance sheets.

Last year may have been hailed as “Crypto Winter” for those in the industry, but for their lawyers and advisors it was a sunnier story, FTX creditor Sunil tweeted.

Blockchain rubber shoes ZachXBT is hot on the heels of a scammer who has so far created over a hundred different memecoins to incubate investors with.

Binance CEO Changpeng “CZ” Zhao wants you to know that he’s not as wealthy or as competitive as everyone says he is.

A self-proclaimed Bitfinex/Tether whistleblower posted a scathing critique of recent Coinbase investors. They are not alone in believing that Coinbase may be planning to move. The company itself has often mentioned the hostile regulatory climate in the US recently and last week announced plans for global expansionincluding Bermuda and, possibly, the crypto-friendly free economic zone, the Abu Dhabi Global Market.

Tornado Cash developer Alexey Pertsev returned to Twitter after he was released on bail to await trial at home. Dutch authorities arrested him nine months ago on charges of facilitating money laundering shortly after US authorities sanctioned the crypto transaction privacy tool, claiming it was linked to North Korean state hackers Lazarus Group and may have laundered as much as $7 billion since 2019.

Finally, why think about personal finance when you can just outsource it to ChatGPT?