Meet Funnull Technology, the company that’s apparently linked to more crypto scams than a magician has rabbits! 🐇🎩 According to the Treasury’s Office of Foreign Assets Control (OFAC), victims have lost over $200 million! That’s a lot of dough for a bunch of digital tricksters!
But wait, there’s more! Webus isn’t just sitting on its hands; they plan to use XRP to fuel their ambitions in the blockchain universe. If this investment pays off, we might just see on-chain solutions popping up like daisies in spring.
Short-Term Holders are known for their… shall we say, “emotional” reactions to bad news. Remember August 2024? Yeah, they dumped over 12,000 BTC like it was a bad Tinder date. And then in February-March 2025, when tariff tensions flared up, they practically ran for the hills, unloading 14,000 BTC as Bitcoin fell below $80,000. Drama much?
In an X thread published on May 28, IOG was all humblebrags about how “honored” they were to serve on the committee, but now, they’re done. They’re not running for reelection, which is probably the most ‘we’re-so-awesome’ way of saying ‘we’ve done enough’. They even went on to say that the Cardano community is *brimming* with talent and will totally be fine without them. So, cue the applause. 🙄
In a joint filing that could have been written on a napkin, both parties have agreed to dismiss the case. It seems that even the SEC has realized that dragging this lawsuit any further would be akin to trying to teach a cat to fetch—pointless and a little embarrassing.
In this grand spectacle, business-to-business transactions have taken center stage, strutting their stuff with an annual run rate of $36 billion. Meanwhile, card-linked stablecoin payments have leaped into the limelight, soaring above $13.2 billion in annual volume. It’s a veritable circus of commerce!
For months, these two have been locked in a tense ballet — one step forward, two steps back. But now, it seems they’ve decided to call it a day. Well, maybe—
Meanwhile, the big banking boys—JPMorgan, Bank of America, Citigroup, and Wells Fargo—are all quietly plotting to jump on the stablecoin bandwagon, probably because they saw it flashing by at 100 miles per hour and thought, “Hmm, that looks profitable!” This influx comes on the heels of some sort of regulatory shift in the US, which, like all good things, was triggered by a certain President Trump (or his Twitter account). 🇺🇸
This proposed legislation, which many have come to know as the stablecoin bill, is heralded by the Senator as a noble endeavor to modernize and fortify the United States’ financial infrastructure. Ah, the sweet promise of progress! But let us not be so easily swayed by the siren song of efficiency. After all, what is progress if not a series of well-dressed men in suits promising us the moon while we remain tethered to the ground? 🌕
On Wednesday morning, the company proudly announced its acquisition of 4,710 bitcoin—a long-awaited move tied to its crypto treasury strategy. It’s almost as if they were waiting for the right moment to drop the mic.
