This week on Crypto Twitter: Binance’s CZ and SEC’s Gary Gensler Face Stiff Criticism

Still, US regulators offered the global crypto community very little to chew on this week. VanEck's SEC-approved Ethereum futures ETF was confirmed on Thursday, but added modest gains to wallets of Ethereum (ETH) holders. Beyond that, lawmakers in Washington still seem to be dragging their feet compared to their European counterparts — distracted by calls too close to a government shutdown.

Crypto Twitter's downfalls, however, have been on the rise. The week started with News of 200 million dollars exploitation The Mixin Network decentralized exchange-slash-wallet project enables cross-chain cryptocurrency transfers.

The weird part? See how high the giveaway is…

In similar news, Seychelles-based exchange HTX (formerly Hubi) was also hacked. TRON CEO and HTX advisor Justin Sun also offered a hefty reward for hackers – even he He offered them a job.

Alexander Grieve, head of government affairs at the technology investment firm, tweeted about the dangers of viewing computing power as a national treasure. While this has not yet happened in the US, Grieve's reflection has been sparked by a Semafor text This can be a way to investigate the legislators.

On Tuesday, popular crypto sleuth ZachXBT couldn't resist Doxx after Ben Armstrong (formerly crypto influencer “Beatboy”) tweeted that the latter was in a “special place.” Armstrong changed caught up About 2,500 people during his live broadcast. The charge? Running into a former business partner's house.

Crypto analyst Adam Kochan believes that TRON CEO Justin Sun is in a more dire financial situation than he is letting on. While this is only speculation, Cochran's warning is reminiscent of last year's seemingly liquidating crypto companies that collapsed one by one.

Bloomberg ETF analyst James Seifert sees the SEC taking more delaying tactics in dealing with pending Bitcoin ETF applications that the regulator must review.

Fried Gensler, anyone?

A popular trend on Twitter this week was sharing videos of SEC Chairman Gary Gensler being questioned by the House Financial Services Committee.

Here, Gensler balks at the question of whether tokenized collections constitute securities.

Here's a picture of the blockchain fans who bombed the Sheriff of Cryptoville here in Washington.

Binance – Russia connection

On Wednesday, Binance tweeted By destroying the Russian arm.

The exchange's CEO Changpeng “CZ” Zhao must be fielding a lot of questions about the deal, because he hit Twitter to set the record straight.

Finally, Adam Cochran, who led a one-day revolt against Putin earlier this year, is back with an impressive 25-Tweet thread exploring the hidden connections between Binance, Russia and Prigozhin.