Cryptonews Exclusives

Global and Bitcoin Cuts, Ethereum Movie, Busy Binance, NFT Base, and 20 Crypto Jokes

Last updated: October 23, 2023 09:04 EDT

Last updated:

October 23, 2023 09:04 EDT

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This week global markets have been shaken by the news of a worsening global economic outlook. At the same time, the IMF has issued DeFi governance recommendations, and the FSB once again issued another crypto warning. Moreover, there have been reports about stagnating bitcoin and IMF bond deals in El Salvador, while the United States Treasury sanctioned a Russian Bitcoin miner.

Despite the regulatory challenges, the crypto industry has also received positive reports about the growth of the Bitcoin Lightning Network and blockchain gaming. Australia is preparing its bitcoin ETF for the market, and Argentina launched a regulatory sandbox for crypto entrepreneurs and investors. Coinbase launched its much-anticipated NFT marketplace, and Tron’s founder Justin Sun promised to launch ‘the most decentralized stablecoin’ of all.

Also, the SEC faced a storm of criticism from the crypto sector, while quantum simulations attempted to predict crypto adoption. Meanwhile, Brave ‘cut out’ Google, and monero usage in ransomware payments increased. EOS made another recovery move with a new solution for developers, and speculation about a new optimistic token emerged.

It was a busy week for Binance: a swastika-themed failure first, and then – an interesting report from Russia emerged. The exchange also limited its services in Russia.

In the NFT world, Moonbirds faced some criticism, and KuCoin launched USD 100m NFT fund.

At the same time, MetaMask warned about phishing attacks, the Ethereum Foundation revealed its crypto holdings, while analysts were debating the dangers of the Lido staking pool.

Also, ETH edged out BTC in global realized crypto gains and got a new project with Ridley Scott.

And while Goldman Sachs and Commerzbank were taking new steps toward crypto, BTC price forecasts for this year were cut once again.

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Now, to ease your pain of paying your annual crypto tax bill, here are 20 tax-free crypto jokes.

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Unfortunate news.

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Problem solved.

Yes, Ethereum is also a proof of work protocol, but unlike Bitcoin all their carbon emissions are offset by saying they’ll transition to proof of stake for five years
— Zack Voell (@zackvoell) May 14, 2021

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Trust the science.

https://www.twitter.com/PatrickBl4ke/status/1515607119935979520

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Everyone knows that the future of spinach harvesting is on the blockchain.

Founders building web3 solutions for problems that don’t exist pic.twitter.com/L1Gh8JSIqu
— Alex Cohen 🤠 (@anothercohen) April 16, 2022

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All hustles lead back to Mcdonald’s.

When it starts to look like this pic.twitter.com/GF3p3NzlN2
— FJ (@Fjvdb7) April 17, 2022

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It looks like bitcoin is dead again.

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Accredited investors approve of this message.

Media: Ethereum is too volatile, invest in stable blue chip stocks like Netflix.

Netflix: pic.twitter.com/VQY1EE4VxQ
— Puff Yachty (@PuffYachty) April 19, 2022

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The greatest comeback of all times.

“Elon Musk brings back all suspended accounts”
-2022 Colorized pic.twitter.com/LTx5FTx3Ft
— Buche (@animebuche) April 14, 2022

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The art of stealing digital art.

https://www.twitter.com/DegenSpartan/status/1514907734898245632

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A blessing and a curse!

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Artists hate him for revealing this secret.

People are seriously buying digital NFT animals online for $50k, when you can get a real cow for like $2k. You've been conned.
— Carnivore Aurelius ©🥩 ☀️🦙 (@AlpacaAurelius) April 17, 2022

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The merge is coming, guys. It is.

Ethereum used to be proof of work.

It still is, but is used to be, too.
— m Warren ☀🌲 (@AchimWar) April 18, 2022

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Big facts.

https://www.twitter.com/DegenSpartan/status/1514820331428790275

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Yes.

pic.twitter.com/RjUTMHwAc7
— Bitcoin Mining (@BTCMiningInfo) April 18, 2022

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That’s how it works.

Bitcoin governance. pic.twitter.com/mrzBPg6LjL
— Bitstein (@bitstein) August 26, 2017

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Be careful out there…

One day we were riding bikes, next day he’s got a lazy lion profile picture.

It’s always the good ones 🥀
— ThreadGuy.eth 👑 (@notthreadguy) April 20, 2022

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Let’s not go here, please.