With this suspiciously large pile of cash, Kraken plans to invade new markets like a caffeinated Napoleon, build “asset offerings” (cryptocurrency’s version of party tricks), and practice IPO yoga-stretching its limbs for a 2024 stock market debut. 🚀
In a recent chinwag over on the internet’s front porch (November 19, to be precise), Schwartz spilled the beans on a two-tier staking system. The goal? Reward stakers while keepin’ the power-hungry validators from turnin’ XRPL into their private fiefdom. Noble, sure-but about as likely as a snowball survivin’ a trip through Texas in July. ❄️➡️🔥
On November 17, the Business Finance Authority, with a flourish of a pen and a wink to the future, signed off on this “first of its kind” bond. Journalist Eleanor Terrett broke the news, and the crypto world erupted in a mix of awe and skepticism. 📰
He’s now part of a growing club of high-profile traders who’ve seen their fortunes vanish faster than a magician’s rabbit. Tate’s repeated liquidations are a testament to the perils of high leverage-like trying to juggle flaming chainsaws while blindfolded. 🕷️
Well, folks, hold onto your power cords because Malaysia’s energy folks just found out that between 2020 and August 2025, a bunch of crypto miners thought they could get rich quick by stealing over $1.1 billion worth of electricity. Yep, that’s right-these digital gold rushers set up 13,827 secret lairs-err, sites-where they tried to pull … Read more
The influx of miners, especially after China’s 2020 ban, overwhelmed Kazakhstan’s power grid. The government’s new proposals aim to limit energy consumption by new mining facilities and set a cap on national applications. ⚡️
Unacceptable? That’s like saying the apocalypse is somewhat inconvenient 🤷♂️. Cloudflare handles a whopping 20% of internet traffic, and powers around one-third of the top 10,000 websites, apps, and services. That’s like being the internet’s main artery 💉. And when it gets blocked, chaos ensues 🌪️.
Mr. James Harris, a gentleman of some discernment at Tesseract, informs us that while history may suggest strength during this eleventh month, such numbers are, shall we say, “skewed.” A most unfortunate term, but one that conveys a certain…artfulness in its presentation. The current market, it seems, is anything but typical. A rather convenient excuse, perhaps? 🤔
EIL promises a wallet-driven solution for seamless activity across Layer 2s, aiming to make Ethereum function as a single chain for users and developers. Because who wouldn’t want to click once and pretend Ethereum isn’t a confusing mess of chains? 😅
This cash infusion isn’t just for buying fancier office plants (though we hope they do that too). It’s fueling Kraken’s expansion into trading, payments, and tokenized assets. Because apparently, Wall Street has decided crypto is less “scary” and more “profitable.” Who knew? 🤷♂️
