Hold onto your wallets, folks! The crypto circus had another round of eye-popping antics this week – from Gemini’s $4B IPO splash to WLFI’s “hold my beer” buyback plan, and Polygon’s fork drama that had us all at the edge of our seats! Let’s break it down before you totally forget what just happened. 🎢🚀
Top Headlines of the Week
WLFI’s Bold Buyback Gambit 💥
WLFI definitely wasn’t shy this week. The community came together to vote on a “YOLO” 100% buyback-and-burn plan – basically burning the midnight oil to cut token supply and possibly set the crypto world on fire! 🔥 But let’s be real, if it goes through, everyone’s going to be like, “Did I just miss the next big thing?” 🤔
Oh, and don’t forget the wallets. Last week, 272 wallets were frozen for “security reasons.” Who’s got the popcorn for this one? 🍿
SwissBorg Covers $41M Hack 💸
In a move that screamed “Oops, we did it again,” SwissBorg announced they got hacked for $41 million worth of SOL. And what did they do? They said, “No worries, it’s on us!” Well, isn’t that nice of them? 😎 But wait – Kiln (the partner firm) said, “Yeah, we’re pulling back from ETH validator operations, too” – talk about playing it safe! 🏃♂️💨
Polygon’s Fork to the Rescue 🛠️
Polygon had a bit of a meltdown when block finality delays hit. The solution? A fork! Not the kind you eat with, the kind you “emergency deploy.” They fixed it, but honestly, it’s like fixing a leaky roof with duct tape. Can you trust it long-term? 🤷♂️
Linea Faces Rough Waters 🌊
Linea Network experienced a *lovely* 46-minute production halt this week. What followed was a torrent of angry complaints over their airdrop strategy. CEO Joseph Lubin stepped in like the calm in the storm to promise smoother sailing ahead. Fingers crossed, folks! 🙏
Hyperliquid’s Governance Test 🗳️
Hyperliquid locked in September 14 for its USDH vote. Will they pull through? Ethena said “Nah, we’re out!” and left Native Markets holding the bag. Stablecoins, anyone? 💰
Gemini Steals the Spotlight 🌟
Gemini decided to make waves this week with a gigantic $4B IPO. If you’re wondering how exchanges become *real* Wall Street big shots, this is how! Right behind them, CoinShares made plans to list on Nasdaq in a $1.2B deal. Everyone’s hopping on the IPO train like it’s the last bus! 🚌🚀
Nemo Protocol’s Costly Mistake 💣
Speaking of mistakes, Nemo Protocol learned the hard way that skipping audits doesn’t pay off. A $2.6M exploit was the result of pushing unaudited code live. Lesson learned, right? Or… is it? 🧐
Crypto in Nepal’s Protests 🚨
Far from the glittery crypto exchanges, Nepal saw protests that shut down traditional communications. But guess what? Bitchat to the rescue! Crypto isn’t just for profits, sometimes it’s for saving lives. And we’re not talking “saving lives” like your afternoon trading portfolio, we mean *real* survival. 🛑💬
Top Highlight
Now, let’s talk about a near disaster – a JavaScript NPM supply chain attack. Malicious code aimed to hijack crypto wallet addresses, and if it wasn’t caught early, well… say goodbye to your wallet! The attack was spotted when an old version of Node.js crashed. Cue the sigh of relief. 😅
🚨 JavaScript NPM supply chain attack happening now: the malicious code might’ve been downloaded a billion times! Danger zone! 🚨
– Charles Guillemet (@P3b7_) September 8, 2025
What to Expect Next Week?
Hold onto your hats, because next week is shaping up to be a *thriller*! Hyperliquid’s governance vote could change everything, and WLFI’s buyback plan might just make or break their community. Polygon? They need to show the world their network is back on track. And don’t forget, the fallout from SwissBorg’s hack will be the talk of the town. 🏙️ Get ready for a ride! 🎢💥
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2025-09-14 21:27