Let’s see what happened this week in the Cryptoverse. Matic and some other Binance IEOs rallied, but then Matic droped a nightmarish 66%, seeing even Binance investigating it; Tezos entered the Top 10 club; Zcash prepared for Blossom, but then XRP became the only green one; BTC dev says that the new ETH solution is not new, and MakerDAO’s major loophole was exposed, yet Maker didn’t move.
Then we learned that BitMEX is being sued, while accusations against a South Korean exchange pile up; OKEx announced options trading on the day CME started testing theirs, Amun AG got the regulatory green light to expand its crypto ETP offering in the EU, ShapeShift denies claims by Kraken that KeepKey can be hacked in 15 minutes; upon his return, Bitmain’s Wu Jihan announced a series of measures aimed at boosting BTC mining industry; and Shopin, which was hit with a civil fraud wrap, promotes its token sale.
China’s central bank is preparing to test the digital yuan, with a pilot launch being “imminent”; Chinese city named as digital Yuan testbed launches blockchain ID; more than 80 Japanese banks are interested in joining JPMorgan Chase’s blockchain-based payment information network; Central banks in the Eurozone are turning their attention to digital fiats; the ‘centralest’ of banks releases 12 design elements for a wholesale token; three men were arrested for connections to a Ponzi scheme; exit scam fears were prompted by a major darknet site ICO promising 700% growth in 6 months, and Twitter launched bluesky aimed at developing a “decentralized standard for social media.” Finally, we’ve met the world’s fastest and the only four-legged Cryptocurrency.
After a long week, let us unwind with some jokes now.
A standard disclaimer for the beginning.
When you’re not quite sure what to do with yourself.
There’s just so much wrong here. But I do want to make more risks…