Apparently, Bloomberg reported on Friday that Noah Urban, an honorary member of the notorious hacking group Scattered Spider (who clearly has too much free time), alleged that the group “phished” their way into one of Crypto.com’s employee accounts back in early 2023. This little escapade exposed some user information. You know, just the usual “oopsie” moment for a billion-dollar company.
According to the fellow that sparked the fires of BitMEX, the Uncle Sam’s Treasury General Account (TGA) is filling up like a Thanksgiving turkey, and soon it’ll be squawking louder than a guffaw. This lad thinks the Treasury’s prodigious piggy bank – already tipping the scales at $807 billion, aims for a whopping $850 billion – is the worm that’ll wiggle the snake that is the crypto market out from under the bed. 🎯
Paolo Ardoino, the CEO of Tether, casually announced that Toyota, Yamaha, and BYD had joined the crypto bandwagon on a relaxed Sunday. The first vehicle transaction using USDT was confirmed by crypto security firm BitGo, which documented a Toyota sale in Bolivia on Saturday. The dealership, naturally, flaunted signs calling USDT an “easy, fast, and safe” way to purchase a car. I mean, who wouldn’t want to trade a few virtual tokens for a shiny new ride, right? 🏎️✨
Despite the gloom, Ethena’s TVL, the number of vaguely interested parties holding the token, and the promise of yield rewards do, in their way, suggest a lingering vitality. The past two months have seen a rather determined, if somewhat breathless, forward movement.
Last week brought the much-anticipated interest rate cut-at least on paper-yet Bitcoin, ever the melancholic protagonist, chose not to dance. Meanwhile, the Nasdaq, that eager understudy, pirouetted upward by 1.7%, proving that markets, like theatre audiences, respond more favorably to certain actors.
Meme coins usually swing like a drunken octopus on Red Bull, but not this one. Nope. It’s “patiently” grinding its way up like it’s in a TED Talk about long-term thinking. If it keeps this up, maybe it’ll break out of its “meme” cage and into the stratosphere. Or maybe it’ll crash. Either way, it’s drama. 🎭
Sunperp, that most dazzling of Tron’s new jewels, proclaims itself a “perpetuals palace” where traders might lose their shirts-or perhaps keep them, if the stars align. Its designers, ever the romantics, promise a veritable symphony of technological bravado: aggregated liquidity (because one network’s chaos isn’t enough), off-chain matching with onchain settlement (a gas-free waltz through the blockchain), and multi-source oracles whispering sweet, algorithmic truths.
The present state of affairs reveals a most spirited skirmish betwixt the bulls and bears near the $3 mark, though whispers of institutional intrigue, ETFs flowing like a well-tuned harpsichord, and regulatory winds favoring the bulls may soon tip the balance in their favor.
The claims portal will open tomorrow, source: X
Bitcoin teeters on the edge of destiny, caught between the whispers of $114K and the taunts of $117.2K. 🌪️
