According to the union, this shift could expose pension funds to assets that are about as stable as a house of cards on a windy day, bringing with it a feast of fraud risks and financial chaos. What a treat.
Canary Capital just dropped the first XRP ETF, because why not? Because crypto is a wild, wild world. 🤯 Shortly after, Bitwise, Franklin Templeton, and Grayscale followed suit. Because nothing says ‘I’m a serious investor’ like jumping on the XRP bandwagon. 🎯
In the shadow of the Great Wall, where the winds of innovation whisper secrets of self-reliance, China has anointed its homegrown artificial intelligence (AI) chips as the chosen ones for its official procurement list. This, dear reader, is no mere administrative trifle, but a strategic gambit executed with the precision of a Napoleonic campaign. It arrives, as fate would have it, mere days before the United States, in a fit of diplomatic equivocation, announced its intent to loosen the reins on Nvidia’s exports to the Middle Kingdom. According to the Financial Times, the Ministry of Industry and Information Technology (MIIT) has bestowed its imprimatur upon the progeny of Huawei and Cambricon, elevating them to the pantheon of government-approved suppliers.
Behold, the tale of USPD’s proxy predicament-a saga so riddled with holes, one might mistake it for a colander. Our intrepid antagonist, armed with a 24-second window and a heart of ice, front-ran the September 16 deployment like a literary villain in a pinstripe suit. For 78 days, they sipped tea and minted $1 million in unbacked tokens while the protocol’s reserves wept into their stETH. Rekt’s December 8 analysis, a masterclass in digital sleuthing, revealed the exploit hinged on a flaw patched months prior, as if the industry had already handed out the script but forgot to tell the actors.
New Xiaomi devices sold outside China and the US will come with a pre-installed Sei wallet and Web3 discovery app. This means Sei will become the default way to lose your life savings, unless you remember to uninstall it. 🤷♂️
On the 10th of December, Strategy Inc. (Nasdaq: MSTR), a company known for its bold commitment to bitcoin-treasury and enterprise analytics, sent a letter to the MSCI Equity Index Committee with an impassioned objection to MSCI’s decision to exclude digital-asset-heavy firms from its global indexes. Strategy made it clear that such a move would not only undermine innovation but also misrepresent the dynamic and complex world of digital-asset treasury companies.
BlackRock’s Billion-Dollar Brush with the Abyss
Yellow touts itself as a “crypto infrastructure outfit”-fancy words for “we’re building a superhighway for blockchains to chat, trade, and possibly even have a polite chat about their feelings.” Think of it as a sort of Tinder for blockchains, matching up with exchange brokerages and hoping everyone will fall in love with seamless liquidity. Naturally, the big question on everyone’s mind is: does this have anything to do with XRP? Well, even if the words “Ripple” and “XRP” aren’t loud and proud in Yellow’s official chatter, the tech’s direction feels just shiny enough to make XRP enthusiasts nod sagely and whisper, “Yep, this is fitting right into our fast-settlement, highly liquid universe.” 🙂
So, SHIB’s price took a tiny nose dive-like a clumsy cartoon character tumbling over nothing-dropping 0.87% in just 24 hours. How thrilling. And by thrilling, I mean mildly disappointing, like finding a worm in your apple. 🍎🐛
