Malaysia’s Power Crisis: $1.1B Gone in Crypto Smoke? 😱💸

So, here’s the tea: TNB, Malaysia’s power powerhouse, has been robbed blind-to the tune of $1.11 billion (4.6 billion ringgit, if you’re fancy) by crypto miners who thought electricity was a free-for-all buffet. The Ministry of Energy and Water Transformation spilled the beans, revealing 13,827 premises were caught red-handed, mostly mining Bitcoin. Because, you know, who needs to pay bills when you’re chasing digital gold? 🏅

Ethereum’s Drama: Leverage & ETF Exodus! 😱

This Ether, you see, finds itself in rather precarious company. The so-called “Estimated Leverage Ratio” – a most barbaric term! – has climbed to a positively alarming 0.5617. It signifies… risk, naturally. Excessive risk. As if we needed reminding. One might as well build a house of cards on a windswept steppe. 🙄

Solflare’s New Crypto Card – Spend USDC Like It’s Candy (But Safer!) 🎉💳

And guess what? You get to keep total control of your private keys. That’s right, unlike those other guys who lose sleep over their bankers messing with their money, you hold the keys (literally). The card’s got your back with triple security – PIN, biometric, and some fancy real-time fraud detection (like a digital bodyguard with a badge). Because your crypto shouldn’t be easy pickings for scammers.

SEC’s Crypto Carnival: Bitwise ETF Joins XRP Frenzy 🎢💰

The Bitwise 10 Crypto Index ETF, a concoction of the ten most preposterously valued digital assets, promises to offer investors a “diversified” portfolio. According to the SEC’s filing, the fund must maintain at least 85% of its holdings in assets already sanctioned by the regulatory overlords, with the remaining 15% left to the whims of the crypto gods. As of June 30, the allocation reads like a who’s who of the crypto circus: