Sure, there were a few bright sparks like JPMorgan’s Onyx (now Kinexys, because rebranding is easier than actual change). But these are just the odd fireflies in a very dark forest. When the regulators finally said, “Go ahead,” the industry responded with a collective yawn. Now, the world economy is paying billions for their nap time. Money moves slower than a tortoise in a race, and we’re all footing the bill. 🌍💸
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These NOCs, oh dear reader, are not the golden ticket to prosperity, but rather a pass to engage in the tedious ballet of registering with the nation’s anti-money-laundering system and establishing local units. A noble task, to be sure, but one that feels as thrilling as watching paint dry. 🧼
In a post on X (formerly Twitter, before it became a cesspool of memes and conspiracy theories), Glassnode, an on-chain analytics firm, shared the grim statistics of Unrealized Loss in the crypto sector. This indicator, as poetic as it is painful, measures the total loss investors are clutching onto like a drowning sailor clings to a plank.
Gunter’s saga began as she prepared for a Washington, D.C. event, only to discover her jrg.eth address had been raided by shadowy forces. The funds, transferred to 0xF215, were flagged by a contract interaction with 0x81d5-a bridge contract she’d used for a $5 transfer. Thirdweb, ever the helpful neighbor, informed her of a vulnerability discovered in April. “Unlimited token permissions” now mean “unlimited grief,” apparently. 😅
Acting Chairman Caroline D. Pham, with all the gravitas of a man who’s just discovered the concept of time, called the guidance “outdated and overly complex.” Oh, how refreshing! Now, with this rule gone, we can all sleep easier knowing our crypto is safer. 😴
Imagine the Fed as that overachieving parent who keeps turning up the volume on the liquidity machine – from the 2021 deep freeze to a slightly warmer 2025 vibe. CryptoMichNL, our favorite on-the-scene analyst (basically the crystal ball gazer of crypto), says that the Fed’s just fine-tuning its printer, but don’t hold your breath for fireworks just yet. The market’s like that awkward teenager who needs a couple of weeks to get its act together after every nervous FOMC meet. And here’s a tip: don’t expect Bitcoin to break the $92,000 resistance zone – it’s more about the big boy target: $100,000. 💰
The failure of the bulls to maintain Bitcoin above $94,050 has renewed selling, opening the doors for a fall to $87,700 and then to $84,000. 🐐📉
Once the ink dries and the gods of bureaucracy are sated, these digital titans shall wield their national trust bank charters like scepters, managing and holding assets for their faithful customers. Faster payment settlements, they promise-as if the world were not already spinning fast enough into the abyss of modernity. 🌀💸
