This week was a relatively slow week when it came to crypto news and the Twittering class. Aside from the SEC moving Valkyrie’s Bitcoin spot ETF application to the review round and a couple of legislative proposals in Washington, there was little hype—reflected in the static price performance of market leaders Bitcoin and Ethereum. 

Crypto Twitter matched that sedate energy this week. Apart from Elon Musk’s late breaking branding change, there were no shocking revelations or furious public debates between industry figures. Just a few announcements, reflections and interesting bits of information.

On Monday, Peckshield shared some infographics in a thread breaking down the monumental cost of hacks in Web3 in the first half of 2023.

That same day, anonymous crypto trader @AltcoinPsycho criticized the legal team overseeing FTX’s bankruptcy. 

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Author: Tim Hakki

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