SINGAPORE – By the time Token2049 rolls around again, today’s DEX darlings might be as relevant as a flip phone at an iPhone launch. Lutz called them “inherent pump-and-dump schemes,” which sounds harsh until you realize he’s not wrong. 🚀
With momentum mounting, the on-chain waltz and technical portents suggest the token may soon test the capricious threshold of $90.
Binance reported that hackers took over one of its Chinese accounts and flooded it with posts containing links to fake websites. These sites were designed to steal cryptocurrency by tricking people into connecting their digital wallets using a tool called WalletConnect. Binance warned users not to click on any links from the hacked account, as doing so could result in immediate loss of funds.
And just like that, Cronos announces they’ve teamed up with AWS to make blockchain data and infrastructure more accessible to developers and financial institutions. The mission? To boldly push tokenization, RWAs, and AI-driven onchain finance into the financial stratosphere. 🚀
Ripple’s longtime chief technology officer David Schwartz said Tuesday he will step back from daily responsibilities after more than a decade at the company, moving into a board role as “CTO emeritus.”
Meanwhile, the hefty inflow of institutional investments has bolstered the egos of Solana’s custodians as well as greenhorn SOL-based projects alike. Among these, the Snorter Token ($SNORT) presale is now all the rage, seizing its moment in the Solana sun with alacrity.
Though the clock still ticks with the rhythm of uncertainty, tokenized securities may yet bridge the chasm between traditional finance and the blockchain, a union as tumultuous as a love affair between a nobleman and a peasant. 🤝
Thumzup Media Corporation (Nasdaq: TZUP), which sounds suspiciously like a sound effect, has announced this frankly baffling investment in DogeHash Technologies. Apparently, the goal is to grow Dogecoin mining with “high-tech ASIC technology” – which is to say, little boxes that solve puzzles to create digital money. 🤷 The addition is, we are told, a sign of “increasing institutional interest.” Which roughly translates to “people with more money than sense are getting involved.”
In a missive dispatched via the enigmatic platform X, Schwartz revealed his plan to retire from the daily grind of CTO-dom, though he insists on lingering like a delightful ghost in Ripple’s halls. A new role, he says, awaits-one that presumably involves fewer meetings and more musing. 🧐
Under the impressive aegis of Stripe’s Bridge – an infrastructure company acquired for a grand sum of $1.1 billion – businesses can, with the lightness of a summer’s breeze, mint and manage coins at will, bending the almighty dollar to their whims with reserves customized to their heartbeat. Oh, and that’s under the sage stewardship of Wall Street’s heavyweights: BlackRock, Fidelity, and Superstate, revered keepers of the treasury. 🤑
