Ah, the week in crypto-a tapestry of chaos, serendipity, and the occasional whiff of regulatory doom. Cardano, that darling of the blockchain world, stumbled into a chain split, courtesy of a malformed transaction. Meanwhile, a solo miner, armed with a mere 6 TH/s, struck gold-or rather, Bitcoin-worth a cool $265,000. And across the pond, the UK’s Operation Destabilise flexed its muscles, bagging $32.6 million in crypto and cash while rounding up 128 suspects. Truly, a week for the books.
- Cardano’s chain split: a reminder that even the best-laid plans can unravel with a single malformed transaction. 🤷♂️
- Our solo miner hero: defying odds, mining a block, and likely buying a yacht named “Luck.” ⛵
- Operation Destabilise: proving that crime doesn’t pay-unless you’re the one doing the seizing. 🚔
Cardano’s Chain Split: A Tale of Nodes and Regret
- Cardano (ADA) stumbled, its price dipping after a malformed delegation transaction exploited a software flaw. 🐛
- Intersect, Cardano’s governance body, revealed newer node versions validated the transaction while older ones rejected it. A classic case of generational divide. 👵👦
- The user behind the malformed transaction issued a public apology. Perhaps a case of “my bad” wasn’t quite enough. 🙏
Operation Destabilise: The UK’s Crime-Busting Bonanza
- Operation Destabilise, targeting Russian sanctions evasion, resulted in 128 arrests and $32.6 million seized. 🕵️♂️
- The operation expanded from its initial haul of 84 arrests and $25.5 million in December 2024. Progress, they call it. 📈
Coinbase’s Meme Coin Adventure: Because Why Not?
- Coinbase announced its acquisition of Vector, the meme coin trading platform. Because nothing says “serious business” like trading Shiba Inus. 🐶
- Vector’s tech will integrate into Coinbase’s decentralized exchange, because memes are the future. 🤡
Kalshi: The Prediction Market’s Meteoric Rise
- Kalshi’s valuation soared to $11 billion after raising $1 billion in a funding round. 🚀
- Just weeks prior, Kalshi secured $300 million at a $5 billion valuation. Talk about exponential growth. 📊
Metaplanet’s Cosmic Capital Restructure
- Metaplanet, Japan’s largest Bitcoin holder, restructured its capital around “Mars” and “Mercury” preference shares. Because regular shares are so Earth-bound. 🚀
- The company plans to use these shares as additional funding sources while maintaining dividend payments. Dividends from Mars? Sounds legit. 💰
21Shares’ Leveraged Dogecoin ETF: Bark Louder, Wag Harder
- 21Shares launched a leveraged Dogecoin ETF targeting twice DOGE’s daily performance. Because doubling down on memes is always a good idea. 🐕
- The ETF aims to deliver gains minus fees and expenses. Because nothing in life is free-except Dogecoin’s charm. 💸
Samourai Wallet Co-Founder’s Jail Time: A Harsh Reality
- William Lonergan Hill, co-founder of Samourai Wallet, was sentenced to four years in prison. Another casualty in the crypto-regulation war. ⚖️
- Hill also faces three years of supervised release and a $250,000 fine. Because freedom isn’t free, especially in crypto. 💼
Tokenized Trump Hotel: Because Why Not?
- Dar Global plans to fund a Trump-branded Maldives resort through tokenization. Because nothing says luxury like blockchain. 🏝️
- CEO Ziad El Chaar described tokenization as the primary financing strategy. Because decentralized luxury is the future. 🛳️
Kraken’s $800 Million Funding Round: Crushing It
- Kraken secured $800 million in funding, led by Jane Street and others. Because when you’re hot, you’re hot. 🔥
- The exchange plans to use the funds ahead of its 2026 public listing. Because IPO dreams are made of this. 🌠
DappRadar’s Shutdown: The End of an Era
- DappRadar announced its shutdown due to financial unsustainability. Because even analytics hubs have their limits. 💀
- Launched in 2018, DappRadar became a hub for NFT and DeFi analytics. RIP to the on-chain oracle. 🕯️
Strategy’s Bitcoin Bonanza: Because More Bitcoin Is Always Good
- Strategy expanded its Bitcoin holdings by 8,178 BTC, worth $835.6 million. Because when in doubt, stack more Bitcoin. 🪙
- Total holdings now stand at 649,870 BTC worth $48.37 billion. A nice little nest egg, if you ask me. 💎
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2025-11-23 17:57