From Unverified ETFs to Legaled FTX Blaming the SEC and 20 Hilarious Crypto Jokes

Controversial ETF, Legally Challenged FTX, Accused SEC and 20 Hilarious Crypto One-Liners

This week in the wild world of crypto, we saw more action than a John Wick movie marathon. Bitcoin pumped its way from under $28,000 to $30,000, leaving us all feeling a little breathless. Why the sudden surge? Well, unverified rumors hit social media claiming that the US SEC had approved BlackRock’s iShares spot Bitcoin ETF application. Talk about sending shockwaves through the market like Godzilla on a rampage!

But it wasn’t all sunshine and rainbows in the crypto kingdom. Sui, poor Sui, faced some turbulent times as its price hit rock bottom. It was like watching a sad balloon slowly deflate. On the brighter side, the Depository Trust & Clearing Corporation made a bold move and acquired blockchain startup Securrency Inc. for a cool $50 million. That’s some serious cheddar!

In the courtroom drama of a lifetime, the case against disgraced FTX founder Sam Bankman-Fried continued to unfold. The prosecution revealed some juicy Twitter messages from Bankman-Fried that left us all wondering what he was thinking. And if that wasn’t enough to make your head spin, the former head of engineering spilled the beans that FTX had paid a mind-boggling $1.13 billion in endorsement deals. That’s enough to make Kim Kardashian blush!

Meanwhile, in the world of hardware wallets, Trezor wowed us all with not one, but two new products. And their limited-edition Bitcoin wallet sold out faster than you could say “HODL.” Talk about a hot commodity! Not to be outdone, Ryder announced their new hardware wallet called the Ryder One, featuring a recovery system that could make your seed phrases a thing of the past. Now that’s what I call a smooth ride!

• Microsoft: Going AI in Every Dimension!
• Tracking ‘fake data’ on the chain, understanding the ‘fur-lovers’ and the fur-lover industry
• Dialogue with Scroll Scroll Mainnet Goes Live, Firm Commitment to Long-term Development of zk-EVM

In the NFT arena, OMA3 formed a working group to tackle the thorny issue of creator royalties on NFT marketplaces. It’s like trying to wrangle a bunch of wild apes to agree on something, but hey, someone’s gotta do it. And speaking of apes, Brawlers, WAX’s NFT game, burst onto the scene by launching on Fortnite’s very own Epic Games Store. Can you say crossover event of the century?

Over in the land of regulations, California Governor Gavin Newsom gave the thumbs up to a crypto licensing bill that will take effect in July 2025. It’s like giving crypto a golden ticket to the big league! But in New York, the Attorney General filed a complaint against Gemini, Genesis, and DCG. It’s like watching a courtroom drama unfold right before our eyes.

And let’s not forget about the international adventures. Russia’s Sber decided to join the Central Bank’s digital ruble pilot, making waves in the crypto world. Meanwhile, some of Japan’s biggest businesses went knocking on the government’s door, asking for crypto tax reforms. It’s like a group of wealthy samurais demanding a change in the tax code. Respect!

As we wrap up this crazy week, remember that crypto is a wild ride. Sometimes it feels like being on a rollercoaster without a seatbelt. But hey, that’s what makes it exciting, right? So fasten your seatbelts, hold on tight, and get ready for the next thrilling episode of the Crypto Chronicles!

Got any funny stories or mind-boggling crypto experiences? Share them in the comments below! Let’s keep the laughter and knowledge flowing.

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