Crypto news

A nonprofit, born of the need to shield the vulnerable from the wolves of the cyberwilds, has unveiled a tool that empowers the discerning few to cast their nets wide, capturing the sly foxes of phishing in a web of cryptographic proof. 🧠

Societe Generale-FORGE, the digital asset sprout of the mighty Societe Generale, has teamed up with the sly fintech fox Bitpanda to launch a grand heist-stealing hearts (and yields) in the decentralized finance kingdom. 🦊🏰

According to the official blurb, the new version of the bridge is supposed to offer “higher security” and “greater loss prevention.” We’ve all heard that before, haven’t we? But hey, it’s undergone “multi-layer testing,” so we’re supposed to be impressed. Because when it comes to crypto, what’s more reassuring than multi-layer testing? The answer is simple: nothing.

Meanwhile, ETH is dangling precariously above $4,000 like a tightrope walker with vertigo. It rebounded after Friday’s crash, reaching $4,290 early Tuesday, but couldn’t hold on. Now, it’s down nearly 4%, trading around $4,003. Ripple (XRP)? Down over 6%. Solana (SOL)? Struggling to reclaim $200. Dogecoin (DOGE)? Down over 5%. Cardano (ADA)? Down nearly 1%. Chainlink (LINK)? Down almost 5%. Stellar (XLM), Hedera (HBAR), Litecoin (LTC), Toncoin (TON), and Polkadot (DOT) are also taking hits. It’s like watching a domino competition where everyone’s a loser.

Amid the mayhem, some analysts, presumably with more hair and fewer existential crises, whisper of resilience if Bitcoin can cling to this ignoble support zone. According to the estimable Maartunn (or perhaps a sock puppet in his likeness), on-chain activity reveals a grand reshuffling of mutual funds with the subtlety of a drunken tango. Over 46,524 BTC, a quantity sufficient to buy a small Pacific atoll and a lifetime supply of Tesla Semi depreciation, has been spirited to exchanges by Short-Term Holders. One wonders if they’ve mistaken their Bitcoin for Monopoly money. 💸

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Simon Walls, the FCA’s markets executive director, spoke with the enthusiasm of a farmer tending to a particularly stubborn crop. “We’re adjusting the rules,” he proclaimed, “so tokenization can bloom like dandelions in a blockchain breeze.” And why not? The UK, according to Walls, could be the next big thing in tokens-assuming it doesn’t trip over its own bureaucratic shoelaces first. “We want asset managers to feel the confidence of a man who’s just won the lottery… or at least a small rebate on their taxes,” he added, with the optimism of a man who’s never owned a stock.

Investigators whispered that the culprit was Binance’s “fragile pricing oracles,” which relied on internal orderbooks instead of external wisdom. USDE, bnSOL, and wBETH-three poor tokens-were doomed to be liquidated during market mayhem. 🧨

At this very moment, Pi Coin stands at the crossroads of cautious optimism and fading strength. Which path will it take? No one knows. Let’s dive into the chaos.