This Week on Crypto Twitter: Another Elon Musk Company to Accept Dogecoin and 3AC’s Founders Might Be AWOL

This Week's Crypto Twitter — Illustration by Mitchell Prefer for decoding

That week was really a mixed bag.

Major cryptocurrencies Regained the lost ground After a few weeks of general decline, but on the business side of things, Vauld and Voyager have become the latest crypto lenders. To fight bankruptcy After Celsius and Block Fi.

Along those lines, the former major crypto hedge fund Three Arrows Capital (3AC) has recently Chapter 15 File for BankruptcyAnd now, according to its filing, company lawyers cannot find founders SuZhu and Kyle Davies.

3AC Lawyers and Liquidators … I don’t know where co-founders SuZhu and Kyle Davies are. From Friday’s bankruptcy filing: pic.twitter.com/oy8jHMYHFg
Lucinda Shen (@ShenLucinda) July 5, 2022

yes, Cryptographic relief has begun, Millionaire Sambankman Fried leads the pioneer. His exchange, FTX, $ 250 million credit line Last month, I abused BlockFi, a cryptocurrency lender. The next day, another SBF company, Alameda Research, gave Voyager Digital a $ 500 million loan facility. Two weeks later, FTX Agreed reached Get BlockFi completely. Well, Alameda is already Voyager rented At $ 377 million, this was a borrower to bail out the lender.

Binance CEO Changpeng “CZ” Zhao criticized the deal in an interview. Decrypt’s gm podcast.. The CZ also said he was considering making some of his own bailouts. “Some of them are actually good deals, so you’ll find that we invest, bail out, and save on multiple projects.”

You can repay your Voyager loan and regain your collateral whenever you work for Voyager
AlamedaResearch (@AlamedaResearch) July 8, 2022

Justin Sun of TRON also revealed that he was ready.

terrible. violation. So far.

At the beginning of the week, personal data Over 1 billion people Was obtained from Provided for Shanghai Police Database and 10 Bitcoin (equivalent to $ 202,000 at that time).

#Shanghai It suffers from the biggest user privacy piracy ever.
Over 1 billion Chinese residents. The data includes:
Name
Address
Birthplace
National ID number
Mobile #
Details of all crimes / incidents
All 10 BTC
Web3 needs to be better (and still possible).https://t.co/c3xo1NE9GE
Kenny (ETHcc Paris | DM to meet!) (@ Superanonymousk) July 3, 2022

According to Bloomberg, the data included everything from names and national ID numbers to mobile numbers and food orders. There was also a time stamp when the details were recorded.

CZ provided a technical explanation.

Rich man

Billionaire CEO and cryptocurrency HOD Ler Michael Saylor and Elon Musk have shilled their favorite coins this week. Saylor tweeted about how much Bitcoin has gained since his company, MicroStrategy, first announced its plans. Buy and HODL.. (He neglected to say he was still there Down to his investment.. )

August 11, 2020, @MicroStrategy Start that #Bitcoin Strategy, get 21,454 Bitcoins at a purchase price totaling $ 250 million.
BTC’s performance since then is + 83%, $ MSTR Is + 79%, S & P is + 16%, Nasdaq is + 6%, Gold is -14%, Bond is -16%, and Silver is -33%.
Michael Saylor (@saylor) July 8, 2022

And CNN business report Elon Musk’s other company, The Boring Company, Accept dogecoins Passengers board the new Las Vegas underground transport system, which allows passengers to travel around the town of Tesla at approximately 35 miles per hour.

Support Doge as much as possible
Elon Musk (@elonmusk) July 6, 2022

And finally

A Massive outage Thanks to mobile and internet networks across Canada, TrustSwap CEO and Bitcoin advocate Jeff Kirdeikis have come to think of his favorite cryptocurrencies.

The banking system, including all debit cards, is currently down in Canada. No one can pay for anything.
Maybe this Bitcoin stuff is useful after all.
JeffKirdeikis (@JeffKirdeikis) July 8, 2022

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This Week on Crypto Twitter: Another Elon Musk Company to Accept Dogecoin and 3AC’s Founders Might Be AWOL

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terrible. violation. So far.

Rich man

And finally

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