Cryptonews

Recent reports indicating that Circle, the issuer of the USDC stablecoin, is weighing whether to add a feature which will enable transaction reversal in certain circumstances has sparked controversy. Opponents assert that such a move is an attack on one of the core tenets of blockchain technology – immutability. They argue that such a feature undermines the irrevocable principle, often seen as a key advantage of crypto over the traditional financial (TradFi) system. Who knew? 😂

It was precisely at the ungodly hour of 07:44:41 UTC that this whale decided to disrupt the peaceful flow of the blockchain, infusing confidence into an asset that has been jittering sideways. The enthusiasm of the big players is almost touching-who wouldn’t want to be part of the next big thing in an ocean swirling with uncertainty? 😏

Well, hold my hoss, here’s a tale! Binance’s own Changpeng Zhao (CZ, for short-though I reckon he’d prefer “Your Honor”) got caught in a kerfuffle this week. Some rascal on X accused him of claimin’ to be part of the Aster DEX crew during a “Spaces” gabfest. CZ huffed, “I’m just an advisor, pilgrim!” Like a fella sayin’ he’s “just a friend” while holdin’ a stack of IOUs.

“I merely offer counsel on product and tech, like a kindly uncle proffering advice on how to polish one’s cravat,” he declared. “Regulatory matters? Oh, dear, no! That’s not my forte. I’m no solicitor, you understand. I once found myself in a rather sticky wicket with the law, and I’d prefer not to repeat the experience. I’m just helping them-metaphorically, of course.” 🤷♂️

Все три АИ сошлись во мнении: после такой бурной и резкой торговой недели ожидается период консолидации. Ripple, по их словам, вероятно будет шататься в пределах примерно $2.7-$2.9 на предстоящую неделю (а может и дольше, смеётся рынок, ибо он любит анекдоты). Но они же признали: одно крупное объявление – макро-новость или одобрение спотовых XRP-ETF в США – может отправить актив в полёт. Напомню, на столе в Комиссии по ценным бумагам и биржам лежат более дюжины заявок Ripple ETF, и сроки их рассмотрения указывают на октябрь. 😂

In a riveting chat with Danny Knowles from What Bitcoin Did (and yes, that title is apparently a thing), Mow pointed out that we’re behind schedule-like showing up to a potluck three hours late with a store-bought pie. 🍰

The proposal, naturally, involves the Honzon protocol stack – the very same one that graced, and swiftly ungaced, Acala’s aUSD. A rather… optimistic reuse of technology, wouldn’t you agree? It’s like dusting off an old, slightly tarnished crown and proclaiming a new king. 👑

Related Reading: Celebrity Downfall: South Korean Actress Sentenced For $3-M Crypto Scam

CryptoQuant, the market’s favorite soothsayer, says most Bitcoin treasury firms’ shares are cratering faster than a crypto influencer’s credibility. Some are already teetering on the edge of a cliff, and the only safety net is a Bitcoin rally that’s still taking a nap. 😴

Ah, the realm of online scams! Call-center deceit and mirage-like investment schemes have rapidly swelled into a voracious beast, gnashing its teeth at countless souls in Thailand. The guardians of monetary sanctity-the Bank of Thailand-have waged war, declaring that their offensive measures may tightly escalate like a crescendo in a sonnet. 🎶