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Bomb Demons, Force Shows, NFT Everything and 20 Crypto Jokes

This adventurous cryptoweek, Vitalik Buterin said Tether is Bitcoin’s ticking time bomb demon, some Ethereum miners are preparing for "a show of force" against EIP-1559, and analysts said ETH miners don’t cause price volatility. Also, XRP jumped as Ripple said its partnership with MoneyGram ended for now, Coinbase is said to be valued at USD 90bn in a private auction, PayPal agreed to acquire Curv, and Meitu made a USD 40m investment in BTC and ETH. While BlackRock says gold bit the dust, an SBI Group subsidiary is reportedly targeting crypto-related business expansion, and JPMorgan Chase wants to offer its clients access to the crypto market, but some don’t see it as very crypto-related. Also, Binance is reportedly being investigated by the US Commodity Futures Trading Commission.

Then, Shinhan and LG CNS unveiled their joint pilot platform for CBDC, Indian crypto players said they want a bigger role in shaping regulation as a crypto ban seems less likely, 500.com plans to rename itself to BIT Mining, and miners are returning to South Korea where crypto in the portfolio is "a must" for people in their 20s-30s. The Japanese courts jailed a man for crypto tax evasion, Taiwanese prosecutors are investigating the possibility that Bitmain “poached” AI engineers, and SEC said Ripple attempted to “divert the court’s attention” with invalid fair notice defense claims.

In the NFT realm, Swaps and NFTs are accelerating MetaMask's growth, Justin Sun and Sina Estavi made bids to buy Jack Dorsey’s first-ever tweet as NFT, Gronk launched his own NFT collection, and eBay listings for NBA Top Shots began appearing as holders look to profit from the interest in NFTs. Meanwhile, multiple high profile crypto Twitter accounts were suspended and users suspected it’s NFT-related, and Justin Sun lost a chance to acquire an NFT for USD 70m.

Let's laugh at some jokes now.
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Heeeey, CT! Tell me something I don't know.

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Mary.

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'And he sayethed 'goddammit!''

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They're willing to pay big money to get some.

Bomb Demons, Force Shows, NFT Everything and 20 Crypto Jokes 101
Source: Bitcoin Baddie 21 / Twitter

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A couple of years in…

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A short story.

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‘You just have to give it a push with a proper pull.’

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🤦

Bomb Demons, Force Shows, NFT Everything and 20 Crypto Jokes 102
Source: Tari / Twitter

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Who gets the tweets?

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Jack tweeted about it, now he's selling the tweet, and Justin wants to pay millions for it.

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It writes itself!

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Okay, guys time to discuss the effects of all these NFTs on our ecosystem. No, not the crypto ecosystem.

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Look at what people are doing just to mint an NFT.

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And they're not even hiding their disregard - nay, disdain! - for the environment.

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Here's the results of a recent research on Bitcoin energy consumption.

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In short: ouch.

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Same. Started sweating here.

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With all the feelz!

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Meanwhile, over at MicroStrategy…

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And lastly, here's your next hobby.

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