Crypto Thieves in Suits

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The Treasury’s Office of Foreign Assets Control (OFAC) – which sounds like a made-up thing, but apparently isn’t – has fingered two individuals and four entities as being part of a North Korea-run IT worker ring. One of them, a chap named Song Kum Hyok, allegedly stole US citizens’ info to use as aliases. Because who needs their own identity when you can just nick someone else’s? 🤣

Crypto’s Wild Ride 🎢

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Now, Bitcoin’s had its fair share of ups and downs, like a rollercoaster ride at the county fair. It took a tumble after failing to reach the $110,000 mark, but the bulls came a-runnin’ to save the day.

Why Anime and Bitcoin Are the New Dynamic Duo 🤯

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First off, Netflix’s anime explosion isn’t accidental. They’ve deliberately embraced anime, releasing shows simultaneously around the globe in up to 33 dubbed languages. This hyper-global strategy has led anime to dominate Netflix’s Global Top 10 Non-English titles, doubling from 2021 to 33 hits in 2024 alone. And it’s paying off. The Dentsu report notes that one in three viewers worldwide now watches anime weekly, with Netflix leading over rivals like Disney+, Hulu, and even Crunchyroll, the dedicated anime platform. 🎉

XRP Surges Past $2.30—Wall Street Smells Money, Meme Lords Smell Opportunity

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The price trudged a merciless 2% higher—grubby, relentless—reclaiming the $2.30 as the mighty Depository Trust and Clearing Corporation finally listed ProShares’ Ultra XRP ETF (UXRP). Somewhere in an office, a banker’s monocle fell into his coffee.

It takes more than a signature to move these behemoths. Now, the ETF inclusion whispers of future XRP Spot ETFs, while the US SEC hovers nearby, pretending it reads all the paperwork but secretly wishing for lunch.

Coinbase’s Audacious New York Crypto Gambit—Four Oddballs Enter the Ring! 🎩🗽

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All this is thanks to a shiny new license bestowed by the New York State Department of Financial Services. For those unversed in the deathless rituals of American finance, this license allows Coinbase to be a properly buttoned-up Virtual Currency Business. Suddenly, our intrepid exchange is not only legal but actually reputable—at least by New York standards, a place where losing your hat is expected and losing your shirt is merely unfortunate.

Tariffs, Debt, and Crypto: The Perfect Storm?

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It all starts with President Trump’s August 1 deadline for progress on trade deals. If things don’t go his way, he’s threatening 25% tariffs on Japan and South Korea 🤯. QCP notes that this “TACO” narrative (yes, that’s a thing 🌮) is still going strong, with Trump leaving a tiny window for delay. Markets are currently thinking “all talk, no action,” but if those tariffs do happen, it’ll be a major growth-killer 💀.

Perpetual Futures? In Your Pocket? Chekhov Would Laugh (and Maybe Go Short)

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But, lo and behold, Phantom—with the spectral boldness befitting its name—has now thrust perpetual futures trading into the trembling hands of the masses. On July 8, as the crickets began their evening chorus, Phantom, the crypto wallet renowned for letting users juggle Solana and Ethereum in their sleep, unveiled perpetual futures trading right inside its trusty app. Do you feel the existential dread yet?