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Earlier this week, we saw bitcoin and ethereum rally, and Axie Infinity exploded left and right, hitting major milestones. And then, the historic hack happened with Poly Network’s theft of $ 600 million, the attacker soon starting to return funds, returning some $ 342 million in two days, and the rest a day later. Meanwhile, total global blockchain and crypto-asset investment topped the previous annual ATH reaching $ 8.7 billion, Circle said it is on its way to becoming “a national digital currency bank.” , Coinbase plans to leverage its Coinbase Card debit card and bitcoin collateral loan. service, and BitMEX reached a settlement with US regulators, while Hester Peirce criticized the settlement Poloniex reached with the SEC. Speaking of the SEC, she wants “terabytes” of Slack messages from Ripple employees. Jack Dorsey justified his BTC-only position and Tron launched a $ 300 million fund for GameFi projects, while for crypto newcomers, lack of knowledge is more important than volatility.
However, the Cryptoverse is not just about fun, trading, and games. A teenage crypto trader has been murdered in cold blood, gunned down in broad daylight.
A “code red” for humanity has been published in a new climate report, which may serve as a reminder to Bitcoin miners. As the Argentine president calls crypto a strong currency capable of fighting inflation, and an Argentine lawmaker demands responses from the government on crypto policy, the US Senate passed the controversial infrastructure bill. Ukraine could allow indirect crypto payments, but would regulate crypto exchanges, and the CEO of the Warsaw Stock Exchange said Poland should either join the euro zone or issue its own CBDC. The Beijing Financial Court said it would protect the property rights of digital currency holders, but only if those currencies are recognized by the state, while the Bank of Korea released a surprisingly crypto-friendly report on the role that cryptography can play in the country’s economy. Also in South Korea, Korbit reopened its flagship customer service center and Upbit took the upper hand in its legal fight against delisted altcoin issuers. In Japan, two large groups of crypto companies have established a tax review subcommittee. Meanwhile, we learned that there is a crypto angle to the Messi-PSG-Barca saga as the PSG fan token is in full swing.
You have been informed. Now you are laughing .__________
Let’s take a look at how the market is doing this week first.
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Visionaries.
@notgrubles @VitalikButerin I urge Vitalik to sue Craig so that he can unilaterally rename Ethereum to Bitcoin Satoshi’s Vision
– Cory Swanbitcoin.com (@coryklippsten)
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But we shouldn’t just focus on Crypto Twitter, we can’t overlook CL.
let gooooo pic.twitter.com/IFLTPW9Chw
– Digital Nomad (@ M4TT_Pleberton) August 13, 2021
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For those who have just entered the game, a glimpse into your future.
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“Dear Mr. White Tophat Hacker Sir”
Dear Hacker, please return our funds.
– Bitcoin Meme Hub (@BitcoinMemeHub)
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‘Please. Your. ‘
Source: Nikunj Modi / Twitter
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Flight levels explained.
@danheld Steal $ 600 million, it’s called challenge.
– Will Reeves (@wlrvs)
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Brilliant!
We could even have our little maxi wars, think about it
– Agustn Aguilar (@ Agusx1211)
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No wonder we see them everywhere!
@The_Crypto_Dood There is a whole world of rugs https://t.co/SNFZoPEDaS
– hotsauceislethal (@ CannaCollectiv2)
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Tutorial: How to almost get a rare NFT.
1. Buy rare NFT.
2. Receive a big offer. You have finally succeeded.
3. Accept the offer.
4. Your trading account is frozen and you receive an email stating that you are under investigation for receiving corrupt funds. pic.twitter.com/n1n3Lco4fq
– sake (@sakeblues) August 10, 2021
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And when you finally succeed:
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They happy.
Source: Twitter / @ KourageousKATZ
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It’s a new world.
The founder cannot register because he has a school at the moment.
– Naimish Sanghvi (@ThatNaimish)
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Meanwhile, on a regulatory level.
Source: Devchart / Twitter
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Insider knowledge.
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Let’s check the situation behind the scenes.
US Senators Talk About Crypto Regulations https://t.co/Shxz6zCogL
– Mohak Agarwal is hiring developers (@mohakagr)
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“I have a clever plan” – Janet Palpatine.
“OK, so here’s the plan, we’ll pretend we’re wrong until unanimous consent, then we’ll do it right at https://t.co/MCSdNWxI57
– cobie (@CryptoCobain)
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Is it a silver or gold lining? Are they assets? Wait, is that some sort of title liner?
Lining: Now that we’re all brokers, our immigrant parents are finally going to think we have real jobs.
– Viktor Bunin (@ViktorBunin)
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It is no longer referred to as grinding our teeth. It’s closer to eww.
@udiWertheimer biden sniffing eth maxis
– Elmo’s Pudgy Penguin Fund (,) (@ 0xElm0)
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No problem. Bitcoin corrects this.
@udiWertheimer Bitcoin fixes this.
– Willy Woo (@woonomic)
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