Well, folks, the SEC is apparently playing a game of hot potato with crypto cases. They’ve decided to let Crypto.com and Immutable off the hook. Maybe they’re just not into the whole “crypto is the future” thing anymore. Meanwhile, GameStop, the company that brought you endless hours of standing in line for video games, is now throwing $1.3 billion at Bitcoin. And Coinbase? They’re eyeing Deribit, because why not add to the chaos? 🙃
Over in Wyoming, they’re testing a state-backed stablecoin. Because when you think of financial innovation, you obviously think of Wyoming, right? 😂 Trump Media is jumping on the crypto ETF bandwagon, and the DOJ is playing crypto cops and robbers with Hamas. Read on, if you dare. 🎢
Bitcoin: The New GameStop Stock?
GameStop, the place where you used to buy physical video games, is now apparently a Bitcoin investment firm. They’re raising $1.3 billion to dive headfirst into the crypto pool. Good luck with that. 🎮➡️🪙
And let’s not forget Mt. Gox, the crypto exchange that just can’t seem to stay out of the news. They moved over11,000 BTC recently. It’s like a never-ending soap opera over there. 🎭
Technology: Wyoming, The New Silicon Valley?
Wyoming is introducing a state-backed stablecoin. Because when you think bleeding-edge tech, you obviously think…Wyoming? Sure, let’s go with that. 🤠💻
Business: Coinbase Eyes Deribit, Because Why Not?
Coinbase is in talks to buy Deribit. It’s like watching two giant robots combine to form an even bigger robot. Let’s see how this plays out. 🤖🤖➡️🤖
Trump Media is getting into the crypto ETF game. Because if there’s one thing we need, it’s more Trump-branded products. Make Crypto Great Again? 🇺🇸💰
Web3: The Next Big Thing, Apparently
TZ APAC and Fortify Labs have announced their new cohort of Web3 startups. It’s like Shark Tank, but for blockchain. Who will be the next big thing? Place your bets now. 🦈🚀
Security: DOJ vs. Crypto Bad Guys
The DOJ seized over $200,000 in crypto linked to Hamas. Because apparently, even terrorists are getting into the crypto game. What a time to be alive. 🕵️♂️💸
Regulation: SEC and Trump, An Unlikely Pair
Trump pardoned some BitMEX folks, because nothing says “I care about financial regulation” like pardoning alleged money launderers. The SEC, meanwhile, is dropping cases left and right. It’s like they’re playing regulatory hot potato. 🥔
And let’s not forget Timothy Massad, former CFTC Chairman, who’s raising concerns about Trump’s involvement in crypto. Because when you think of crypto, you obviously think of…Trump? Sure, why not. 🤷♂️
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2025-03-30 16:49