Twitter’s Head of Crypto Leaves

But that is Twitter’s critical technical infrastructure, and a lot of talent is also leaving the company in secondary activities. According to Bloomberg, Tess Rinearson, head of the social media platform’s crypto team, has left Twitter.

Before joining Twitter, Rinearson was involved in the development of Tendermint Core, she also worked with Chain.com, the Interchain Foundation and Cosmos. About a year ago she started at Twitter.

Endless ambitions in crypto

At the time, the entire crypto market was still in a huge high, and the Bitcoin price had just reached its highest value ever. Bankruptcy in crypto? At the time, that seemed even more unlikely than organizing country Qatar winning the World Cup this year.

Rinearson had big ambitions at Twitter, her team would focus on perfecting the tips-in-bitcoin feature and further work on proof-of-identity service through NFTs. In addition, Rinearson planned to work on support for dApps and other identity-centric solutions, asset ownership, and community building.

NFTs on Twitter

Under her guidance, Twitter allows its users to use NFTs as profile pictures, a feature that immediately got slammed by the now CEO and new owner, Elon Musk. The social media platform also recently announced a pilot program that allows users to tweet NFTs with a built-in click-through button that can then be used to purchase digital assets from participating marketplaces.

She is not alone, says Bloomberg, senior software engineer Hamdi Allam has also left Twitter’s crypto division.

What about Dogecoin and Twitter?

It is unknown what will happen to Twitter’s blockchain initiatives given Rinearson’s recent departure. Elon Musk seems to want to overhaul the entire company and make Twitter a kind of supreme communication tool. Does his beloved Dogecoin still play a role in this?

For now, there is nothing definitive from Musk about Dogecoin’s integration into the social media platform. Somehow we expected Musk to launch an announcement to label Doge as the payment method for blue ticks, something which the self proclaimed Dogefather had hinted towards himself in April of this year. He had also previously said that the meme coin would be much more suitable to be used in transactions than Bitcoin for example.