Cryptonews Features

Reversed Loses, Settled Lawsuits, Pickled Gold and 20 Crypto Jokes

Community Humor

Journalist

Sead Fadilpašić

Journalist

Sead Fadilpašić

About Author

Sead specializes in writing factual and informative articles to help the public navigate the ever-changing world of crypto. He has extensive experience in the blockchain industry, where he has served...

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Last updated:

June 26, 2023

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Let’s see what this past week served on our crypto table. Bitcoin and major altcoins reversed losses Monday, after the Fed announced unprecedented measures to support the economy, while Coronavirus put gold in a peculiar pickle. As BTC mining difficulty saw a historic drop, a new Cardano scaling solution was unveiled but ADA remained unchanged. BitMEX said that their BTC 35K Insurance Fund fulfilled its role during the market crash, and Coinbase said it’ll allow its app users direct access to crypto lending platforms. Meanwhile, ZenGo warned of a dapp and wallet security issue, offering a solution, the Hive blockchain launched, while HIVE coin was listed just a day after, and the Tezos Foundation settled a lawsuit outside of court.

Stress-tested crypto companies focused on new products and growth, we looked into whether Bitcoin is becoming an alternative for Wall Street investors, while Monex Group is set to become the first major securities firm to give out end-of-year BTC benefits. Meanwhile, U.S. digital dollar proposal appeared in three draft bills by the Democrats, Russia may legalize cryptocurrencies for companies and investors operating in regulatory sandboxes, China may ramp up digital currency progress to ‘fend off risk’ from the U.S., and South Korea may fight COVID-19’s economic fallout with stablecoin handouts. Also, South Korean crypto exchanges were cooperating with the police investigation into the Telegram “Nth room” sexual exploitation case. Speaking of Telegram, it lost the latest legal round against SEC, while Kik’s just starting another round. And while Bitcoin miners are waiting to hit a breakeven point, Tezos, Consensys, and others shared their COVID-19 stories.

You ask, we deliver – the jokes.
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And the week hath begun. And repeat. And the week…

The stimulus that stimulated a severe slew of simultaneously stimulating jokes.

A very efficient solution.