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Imagine a world where “hot flavor of the month” is replaced with “do people actually use this?” To, speaking at Token2049 (a conference where the Wi-Fi probably costs more than your startup’s valuation), noted that the crypto market has become a fragmented bazaar of layer 1s and infrastructure projects-most of which are now as viable as a sandcastle in a monsoon.

This launch is about as seismic a milestone for digital assets as the discovery that the towel isn’t optional. By opening the floodgates for both institutional investors and the sort of retail folks who’d sell their limited-edition Monopoly set for a hot tip, the ETP has brought FLOKI into a realm more accustomed to essays of economics, dusty commodities, and those disappearing bonds.

This sustained inflow, my dear reader, is not merely a number but a symphony of investor confidence, a crescendo of greed and hope. The demand for exposure to these major cryptocurrencies through ETFs is as insatiable as a literary critic dissecting a Nabokov novel. The five-day streak, a testament to the crypto market’s strengthening momentum, whispers (or rather, shouts) that Bitcoin and Ethereum remain the belles of the ball, the favored playthings of investors seeking reliable-or so they believe-crypto investment opportunities.

“I think when it comes to the four-year cycle, the reality is that it’s very likely that we’ll continue to see some form of a cycle,” crypto exchange Gemini’s head of APAC region, Saad Ahmed, told CryptoMoon during a sit-down interview at Token2049 in Singapore. Because nothing says “reliable” like a market that’s as stable as a teacup on a rollercoaster. 🪵

WLFI, with the solemnity of a priest absolving sins, assures the masses that this act does not besmirch the sanctity of their token supply. No new tokens were birthed, no dilution occurred-merely a one-time transfer from their treasury to Hut8’s coffers. Yet, one cannot help but wonder: is this a strategic maneuver or a silent admission of dwindling relevance? 🤔

According to the post-mortem, the miscreant submitted three fraudulent checkpoints to Shibarium’s Ethereum mainnet contracts, effectively giving the system a confidence problem and severing Heimdall’s local state from the on-chain chatter. It’s the kind of corporate drama where state machines pretend they’re robust and then discover they’re napping on the job when someone whispers “checkpoints.” 🧭🔒