They’ve teamed up with LayerZero, which sounds suspiciously like something out of a low-budget sci-fi film, to build a ‘cross-chain bridge.’ This isn’t a physical bridge, naturally. That would be far too sensible. It’s more of a digital teleportation device for your little digital shares. They claim over 100 tokenized bits of US stocks & ETFs can now hop between Ethereum and BNB Chain. It’s like digital Pac-Man, but with slightly more at stake. 👻
So, a crypto whale just got absolutely rinsed-$27.3 million vanished faster than my motivation on a Monday. Turns out, someone leaked a private key (classic), and the attacker went full Ocean’s Eleven, laundering $12.6 million through Tornado Cash like they were laundering socks. 🧦
According to analyst Bull Theory (yes, that’s their name, not a new energy drink), Bitcoin is taking a nosedive because selling pressure is stronger than my willpower around a plate of cookies. 🍪💔 “China’s mining crackdown is back, baby!” they quipped, probably while sipping a latte. ☕️
This “comprehensive guidance,” birthed from the depths of the Division of Trading and Markets, aims to enlighten (or perhaps further confuse) broker-dealers, transfer agents, and the poor souls operating these “trading platforms” regarding the handling of these digital phantoms. A roadmap, they say. More like a convoluted map leading directly into the abyss.
This 5.6% nosedive of Bitcoin has sent shivers down the spines of investors, already teetering on the edge of anxiety. In such a climate, NEAR traders have had little choice but to don their bear suits, ready for a gloomy trek through the market’s murky waters.
Trustlessness? Yeah, right. A protocol that’s so complex only a few can work on it? That’s not trustless, that’s just a fancy way of saying, “Trust us, we’re the only ones who know what’s going on.” 🧠
Metaplanet, the Tokyo-based firm that’s basically the crypto version of a superhero, has won over Norway’s $2T fund with a series of proposals that sound like they were written by a group of very serious hedgehogs. Unanimous support? More like unanimous confusion. 🤷♂️
Ah, Coinbase, the once-proud crypto fortress, now a bazaar of financial curiosities. 🏰 Its walls, once impenetrable, now creak under the weight of stocks, predictions, and the whispers of tokenized equities. Is this progress, or merely the madness of a system devouring itself?
So, Tara (crypto’s resident oracle) dropped some wisdom on X (formerly Twitter, because why not add more confusion? 🤷♀️). She says XRP is having a worse time than Bitcoin, which is still figuring out its corrective phase. Basically, XRP is the friend who overreacts at the party while Bitcoin’s just sipping its drink. 🍸 Tara also mentioned something about Fibonacci retracement levels, which sounds like a fancy math problem I’d fail. But the gist is: XRP hit $1.95, while Bitcoin’s only halfway there. Slowpoke. 🐢
Token Terminal informs us that the Eurozone’s M2 money supply is doing the $15.5 trillion thing. So, that 0.006% figure? It’s still pretty small. It’s the sort of number that makes accountants briefly question their life choices.