This week on Crypto Twitter: Musk and Dorsey’s text correspondence leaked, Do Kwon pleads for (further) innocence

Bitcoin and Ethereum managed to escape one wider slide this week, as the market briefly regained a trillion dollar market cap. XRP, Cardano, Chainlink and Cosmos had the biggest losses among the twenty leading currencies.

The week started on crypto Twitter with Ukraine DAO – a Decentralized Autonomous Organization (DAO) that has so far traveled millions for Ukraine’s defense and relief efforts since the start of the Russian invasion – tweeting that it is in the process of “Iran DAO” to support Iranian women, many of whom have protested against Iran’s Islamist regime since the death of activist Mahsa Amini in police custody on September 16.

That day, hacker Corben Leo made the elusive world of white hat hacking a little more transparent. A white hat hacker is usually a cyber security vigilante who finds vulnerabilities in code and exploits them, usually to claim the bounty for doing so.

Also on Monday, a cybersecurity researcher named James Edwards published a theory similar to last month’s $160 million Wintermute hack was an inside job. Edwards’ claims have yet to be confirmed by other blockchain security experts, but some believe there is certainly one possibility.

On Tuesday, Cameron Winklevoss, who co-founded crypto exchange Gemini with his identical twin Tyler, weighed in on Bitcoin’s recent disconnection from the stock market.

On Wednesday, climate journalist Ketan Joshi posted a rather damning observation about Bitcoin’s carbon footprint.

FTX conversion

This week saw some big changes on the crypto exchange FTX. To begin with, Brett Harrison, who joined FTX US as its first president last May, announced that he step down and moves into an advisory role.

Head honcho Sam Bankman-Fried tweeted goodbye and sounded optimistic for FTX’s US push.

Akash Pasricha, a reporter for technology industry publication The information, posted a brief analysis of FTX’s fresh team on Friday.

Does Kwon still not run

Terra boss Do Kwon wants everyone to know that he doesn’t feel the heat of either the fuzz or his own conscience. When headlines appeared earlier this month saying that a South Korean court had issued an arrest warrant for him for breaching capital market rules (while the Ministry of Finance tried to cancel his passport), Kwon assured followers that he is not on lamb.

On Wednesday, Kwon responded to rumors that he had attempted to withdraw $67 million in Bitcoin a day after the warrant was issued.

Elon’s Twitter saga

Tesla and SpaceX CEO Elon Musk is currently in the midst of a lawsuit filed against him by Twitter to try to back out of his deal to buy the social media platform. As part of the legal discovery process, the courts have released over a hundred pages of correspondence between Musk and various others, including Twitter’s Bitcoin-loving co-founder Jack Dorsey.

It turns out that even CEOs need help with their homework sometimes. Twitter user Santosh Kumar took a cynical view of Musk’s brevity.