Crypto News

The heralds of this event, xrpscan, have announced with the excitement of a child on Christmas morn: “Less than 24 hours remaining for 100 million ledgers,” they proclaim, as if announcing the end of the world-only no, it is rather the start of something possibly bigger, or perhaps just another number on the ledger of human folly. The tweet, a simple gesture, yet it echoes through the ether like a bell tolling the age of the ledger giants: “Less than 24 hours remaining for 100 million ledgers,” they declare, with a grin that says, “We’re counting, and you’d better be watching.” 🎉

It’s time

Yet, amidst this financial carnage, one cunning whale has emerged unscathed-nay, enriched! With short bets that would make even Woland proud, this crypto Mephistopheles now basks in over $36 million in unrealized gains. Truly, the devil is in the details. 😈

Money, once bound by the yoke of banks, now dances on public blockchains, a waltz unchaperoned by regulators. Here, in this lawless ballroom, bad actors waltz unseen, their funds cloaked in the fog of decentralization. “Unregulated,” they call it, as if the absence of rules were a virtue. But for the desperate and the devious, it’s a sanctuary-a vault without walls.

Back in July, FTX thought it clever to consider denying payouts in regions where crypto laws are about as clear as mud-an idea that, unsurprisingly, was met with all the enthusiasm of a cat at bath time. Creditors, especially the Chinese, who seem to hold most of the troublesome claims, shouted loud enough to drown out FTX’s faint whispers of “we’re still in control.”

Binance, ever the smooth operator, chalked it up to a “technical glitch.” But the on-chain sleuths, those modern-day Sherlocks, sniffed out a tale as twisted as a Bulgakov novel. The timing, the data, the money flow-all whispered of a grander scheme. 🧐

Mark your calendars, folks! The deal is expected to close in 2026. At that point, the good people holding Animoca Brands’ shares will find themselves clutching approximately 95% of the new company’s shares. Hold on tight, this could be an emotional rollercoaster-or a straight-up crypto moonshot.

The Facts (or, as I like to call them, the “Oh, Come On” Moments)

In a recent CBS News 60 Minutes interview (because where else?), President Trump defended his decision to pardon Binance’s co-founder Changpeng ‘CZ’ Zhao. And yeah, Congress wasn’t thrilled. Shocking, I know.

The EU, ever the cautious giant, blinked and said, “Go ahead, but don’t break the rules-or we’ll turn you into a spreadsheet!” And so, Kraken, that sly fox of the crypto world, began its whimsical waltz, offering Bitcoin, Ethereum, and stablecoins as collateral for futures trading. A move so bold, it made even the most stoic regulators mutter, “This is… different.”