ZBCN, the plucky little altcoin that could, has been on a rollercoaster ride lately, bouncing around like a ping-pong ball in a wind tunnel. After flirting with the idea of a breakdown (classic commitment issues), it staged a comeback that would make Elvis proud. đ¤ The move, as they say in the biz, was a âfalse breakdownââbasically a crypto version of a fake breakup to make your ex jealous. đ
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 ÂŁ220 billionâimagine 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 ÂŁ27 billion. đĽł
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, isnât that just a charming little fortune to lose? đ¸
In a meeting so private it probably had a bouncer at the door, the SECâs 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. đŠâ¨ The guest list was like a whoâs who of blockchain royalty: the ERC-3643 Association, Chainlink Labs, the Enterprise Ethereum Alliance, and the Linux Foundationâs 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 â that’s 400,000 ETH, folks! If only my bank account had that kind of cushion. đ¸ I mean, who needs a rainy day fund when you can have a digital downpour?
Itâs like watchinâ a battle of worlds: Louder-than-a-hound dog Republicans want to let the crypto animals run wild, chasinâ their own tails, while Warren, a lady of conviction, stands firm, sayinâ “Hold on there, partner. Donât be handinâ 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! đś
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 theâŚ
Cuba’s been under the U.S. sanctions microscope since 1962, which means no PayPal joyrides, credit card shenanigans, or Amazon binges for themâprivileges 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. đ
