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According to the chaps at CoinShares, in their latest Monday missive, digital asset investment products have reported a staggering influx of $4.39 billion in the past week alone. This has propelled the total assets under management (AuM) to a record £220 billion—imagine the dainty tea parties that could fund! This marks the remarkable achievement of 14 consecutive weeks of net inflows, bringing year-to-date totals to a cheeky £27 billion. 🥳

Grogan graciously shared this delightful little tidbit on X this past Sunday, revealing that our vanishing Ether, combining human miscalculations and pesky software quirks, now amounts to a jaw-dropping $3.43 billion at current market values. Well, isn’t that just a charming little fortune to lose? 💸

In a meeting so private it probably had a bouncer at the door, the SEC’s Crypto Task Force sat down with a bunch of Ethereum bigwigs to figure out how blockchain standards could make tokenized securities play nice with U.S. rules. 🎩✨ The guest list was like a who’s who of blockchain royalty: the ERC-3643 Association, Chainlink Labs, the Enterprise Ethereum Alliance, and the Linux Foundation’s Decentralized Trust initiative. Quite the party, eh?

Meet the Ether Machine, fresh off the assembly line and ready to “enable” investors to snag some Ethereum yield. They’re bursting onto the scene with a cool $1.5 billion in committed capital – that’s 400,000 ETH, folks! If only my bank account had that kind of cushion. 💸 I mean, who needs a rainy day fund when you can have a digital downpour?

It’s like watchin’ a battle of worlds: Louder-than-a-hound dog Republicans want to let the crypto animals run wild, chasin’ their own tails, while Warren, a lady of conviction, stands firm, sayin’ “Hold on there, partner. Don’t be handin’ out the silver to the crypto lobby just yet.”

But lo and behold! Just when you thought Bitcoin had hit its stride, the waves of sell pressure have washed lazily ashore, drenching its momentum and raising the specter of a potential tumble. Cue the dramatic music! 🎶

As the dust settled on the recent Shanghai ecosystem congregation, which wrapped up just the day prior, a palpable excitement coursed through the veins of the community. The event, meant to enlighten and inspire, seemingly acted like a lightning bolt for Conflux, bestowing upon it over 200% gains across the month and a remarkable 104% within the week alone. One can almost hear the joyous yet comical echo of laughter from traders as they witnessed their fortunes change like the fickle winds of fortune itself.

I just received the first copy of the audit report. I requested a lot more detail and context in several areas, but it’s shaping up quickly. I believe we are on schedule for a mid-August release, assuming the work continues at this pace and there are no delays.

I will read the…

Cuba’s been under the U.S. sanctions microscope since 1962, which means no PayPal joyrides, credit card shenanigans, or Amazon binges for them—privileges the rest of us hoard like misers. Then, in a plot twist worthy of a Douglas Adams binge, Western Union pulled the plug on its 400+ Cuban spots in 2020, making family remittances as rare as a sensible Brexit plan. But hey, when life gives you lemons, invent a blockchain lemonade stand. 🙃

Cardano, with its newfound vigour, has not only reclaimed its place in the top 9 but has also overtaken TRON, a coup that has the crypto community abuzz. With a market cap of $30.4 billion, ADA is once again rubbing shoulders with the elite, a position it has earned through a combination of price strength and renewed interest in its ecosystem. 🎩