The approval authorizes a treasury withdrawal of 96,817,080 ADA for the 2025 Input Output Engineering (IOE) Core Development Proposal. This is the first time Cardano’s community has explicitly sanctioned core engineering spend via governance, rather than relying on pre-agreed budgets or foundation allocations. A bold step, though one might question the wisdom of entrusting such a vast sum to a single company. 🧠
On August 3, the revelation came—jointly from Ripple, CB Insights, and the UK Blockchain Center—uncovering that these titans of finance are boldly striding into the blockchain abyss. They craft an infrastructure for trading, staking, tokenizing—words that dull the mind but stir the soul. The chase for digital dominance is on, and the banks are all too eager to put their stakes in the digital ground. 🤡
Now, this whale is lugging around 79,461 ETH (sized just right for a small county’s GDP), which right now is about $282.5 million. I hope their pockets are deep and their passwords memorized.
With a twinkle in his eye (and perhaps a touch of sarcasm), he compares the current digital shift to the roaring 80s—when Margaret Thatcher made capitalism sparkle and the city’s sky lit up with opportunity. Now, he warns, if we don’t get our act together, we might find ourselves waving from the sidelines while the US, the EU, and Asia get their crypto game on. 🕺🌏
Between July 13 and August 2, 1inch decided to play a game of “How Far Can We Drop?”—a whopping 40.7% retracement, dragging itself from a towering $0.391 to a sad $0.232. That’s like going from a decent-sized steak to a menu-side salad in a blink.
In a spectacle that could make a goldfish blink twice, Metaplanet, the daring financial juggernaut, has splurged an eye-watering $53.7 million — yes, you read that correctly — to acquire a hefty 463 additional Bitcoin. This extravagant purchase has propelled their digital treasure chest to a grand total of 17,595 BTC. Surely, even the most … Read more
Input Output Global (IOG) — the team behind Cardano’s blockchain — submitted a proposal for the equivalent of $71 million in ADA, which passed with 74% in favor. Because nothing says “trust us” like a 74% majority and six people who clearly didn’t read the fine print. 🤷♂️
Our dear PENGU teeters near a precipice, or so the 4H chart from Richie proclaims. A “compression pattern,” they call it—a term as tight as the corset of a court lady. Lower highs, rising lows—a dance of indecision, yet the RSI doth diverge with bullish intent. Oh, the drama! The price, a sullen actor, makes lower lows, while momentum, the mischievous fool, ticks higher. A classic farce, this fading downside pressure! If PENGU can but flip the trendline, the crowd may roar for $0.048. A breakout, a continuation—what a tale to tell!
In July 2025, the subtle whispers of progress turned into an official gasp—Botswana embarked on a quest to conjure a central bank digital currency (CBDC), because who doesn’t want a shiny new way to confuse economists and pirates alike? This daring endeavor aims to jazz up the financial system, making it more accessible, safer, and perhaps slightly less dull for the rural folk who prefer goats over gadgets.
So there was this poor soul, who thought clicking “approve” on a shady website was no big deal. Turns out, it was like leaving your front door wide open while you went on vacation—except the thief had a 16-month head start. When they finally decided to pounce on August 2, 2025, they scooped up nearly $908,551 in USDC faster than you can say “digital apocalypse.”
