Brief 12K, Many Exploits, Plenty ETH and 20 Crypto Jokes
This week, bitcoin hit USD 12,000 but fell right back in minutes. More bitcoin flash crashes are coming in this new bull market, a crypto investor warned, while Russian lawyers warned that e-pay laws may have knock-on effects for BTC. Meanwhile, XRP jumped upon seeing a strong demand from institutions, and both gold and BTC surge but expose a generational divide. Also meanwhile, we just might see a new Bitcoin Cash hard fork – Bitcoin Cat.
In exploit news, ETC suffered another 51% attack, a ‘scamming’ teenager, ‘polite’ lad, and ‘very good person’ were arrested for allegedly hacking Twitter, a hack forced travel company to pay USD 4.6m in bitcoin ransom, Bitfinex stepped up its hunt for the 2016 hackers, promising a USD 400m reward, Opyn said that they would reimburse the victims of the hack in full, and a vulnerability forced Ledger to choose between security and usability.
In ETH news, its trading volume doubled, its Medalla testnet went live, in June DeFi saved Ethereum, Coinbase blamed Ethereum fee spike for its performance issues, while Coca-Cola’s new Bottling Harbor will use Baseline Protocol and Ethereum mainnet. Then we learned what the best time of day to make ETH transactions is, and that Ethereum won’t give its USD 4bn DeFi throne to EOS or Tron anytime soon, which was followed by a new fight between Vitalik Buterin and Adam Back. Meanwhile, a US Congressman said that centralized money systems have ‘never been good’, while Goldman Sachs saw ‘a resurgence of interest’ in crypto from institutions.
And now – enjoy your weekly dose of best crypto jokes!
__________
It looks like crypto twitter, but with less clashing. Hello, CT!
__
Do you remember how much we all looked forward to the halving? Maybe you should sit down….
__
Look at them working hard.
__
Speaking of hard-working bears, here’s another one giving his absolute best.
Bitcoin told you not to trade..! Just HODL from r/CryptoCurrency
__
So, what’s your plan for today?
A day in the life of a HODLER from r/Bitcoin
__
Thinking ahead.
__
“Look, dad! What’s this green paper?”
The Evolution of Ideas from r/Bitcoin
__
Very dad joke.
__
Crypto space rule 1.4v2, aka Bacon Ruler of the Thumb (Phase 0,5 of Senility): expect the unexpected. Also, listen to your dad.
__
You may think it’s one drawer, but there’s an entire filing cabinet behind it.
__
You see, not even watching a short, 3-hour tutorial…
__
And then, this is what happens – have to argue with yourself.
__
Now this is just funny! Both of these.
__
When you really want your friend request to be accepted.
__
Giving oneself a push…
__
…before anyone else makes you run.
__
You wouldn’t be buried in coins if you collected some sats instead. Just saying…
__
Not the dip we talked about.
__
Now, finish your lessons first…
__
…Then go have fun, crypto Padawans, Jedis, Siths, R2DSC3POBB8K2SOs, and others!