Celsius Shortfalls, Ethereum Dates, Federal Guidelines, Canadian Caps and 20 Crypto Jokes

 

Another week filled with ups and downs in the crypto market. This time, it was Acala Network’s turn to get hacked, which was in line with the latest Chainalysis report that found an increase in crypto hacking and theft indices this year. Meanwhile, Terra’s Do Kwon sparked more Twitter drama.

Further, Celsius Network revealed a USD 2.8 billion crypto shortfall, as well as a ‘delusional’ plan for reorganizing, and sanctions against Tornado Cash protocol have sparked a resistance movement within a community, while ETH developers have firmed up the much-anticipated merge date.

At the same time, Federal Reserve revealed its guidelines for the US-based crypto banks, Canadian regulations are making exchanges introduce a cap on annual crypto purchases with several exceptions, while their South Korean counterparts have gone after sixteen international crypto exchanges. Last but not least, Russian banks are hoping to advance their digital ruble initiative by 2024, while bitcoin miners located in the country doubled their energy usage last year.

Finally, here’s what you came here for – the jokes.

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That’s very rare indeed!

<oembed url=”https://twitter.com/DaBunnyOFFICIAL/status/1558195206167601154[/embed]

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‘Tis but a scratch.

<oembed url=”https://twitter.com/wallstmemes/status/1558541196905091075[/embed]

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Another successful crypto millionaire!

<oembed url=”https://twitter.com/alancarroII/status/1559899004913188865[/embed]

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This is the way.

<oembed url=”https://twitter.com/alancarroII/status/1559282919289528321[/embed]

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Safety first!

<oembed url=”https://twitter.com/bestbitcoinmeme/status/1555160696337334272[/embed]

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The usual suspects.

<oembed url=”https://twitter.com/sidelined_USD/status/1560032112354508803[/embed]

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Do not chase the red dot.

<oembed url=”https://twitter.com/cz_binance/status/1557837508427358208[/embed]

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Transparency is key!

<oembed url=”https://twitter.com/alancarroII/status/1558961376495898631[/embed]

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Meanwhile, on the dogechain…

<oembed url=”https://twitter.com/t_nut3/status/1560225784316547073[/embed]

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Food is for the weak…

<oembed url=”https://twitter.com/NFTHawks/status/1560039783572946944[/embed]

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Trust the experts!

<oembed url=”https://twitter.com/bestbitcoinmeme/status/1559889586804883458[/embed]

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It’s simple.

<oembed url=”https://twitter.com/deganky/status/1559540915059965952[/embed]

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Don’t chase the pump, don’t sell the dump. Or do it, this is not financial advice.

<oembed url=”https://twitter.com/naiivememe/status/1559565031519297537[/embed]

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 Ladies and gentlemen, we got him.

<oembed url=”https://twitter.com/SalsaTekila/status/1559736523926507521[/embed]

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Maybe some other time, Mark.

<oembed url=”https://twitter.com/LilMoonLambo/status/1559325092668112900[/embed]

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That will be ETH 100, please.

<oembed url=”https://twitter.com/cymbalxyz/status/1559194449485381632[/embed]

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Run, Bitcoin, run!

<oembed url=”https://twitter.com/naiivememe/status/1559211273967267840[/embed]

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That explains it.

<oembed url=”https://twitter.com/Drewso22/status/1559247311578054659[/embed]

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Dream big!

<oembed url=”https://twitter.com/AutismCapital/status/1560067030748786689[/embed]

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Oopsie. 

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BONUS: Weekend vibes. Enjoy!