A stormy thread on X revived the age-old quarrel over blockchain bloat. Into the fray leaps Vitalik Buterin, waving his flag with a firm “No!” to one particularly fashionable solution: state expiry.
PENGU, the token tied to these chubby, tuxedo-wearing crypto stars, just flexed a 12.8% gain in 24 hours. 💪 Trading near $0.037 with a market cap of $2.3B, it’s the prom king of Solana’s meme coin high school. 🕺 And let’s be honest, liquidity loves PENGU more than a penguin loves fish. 🐟 Whenever the meme sector sneezes, PENGU says, “Bless you, and here’s my rebound!”
Grvt, pronounced “gravity” (because why not add a touch of physics to finance? 🌌), has pulled in $19 million in Series A funding. This DEX, built on the ZKsync Validium L2, is the magician of the crypto world, using zero-knowledge proofs to keep transactions secure yet secretive. 🪄
Solana’s SOL treasury is growing, and ETF approval might be coming. Let’s just hope this isn’t the next Beanie Baby comeback story. 🐻
The Futures market is like the optimist at the party, all bullish and ready to take on the world, with long positions stacking up like a pyramid of overly enthusiastic investors. Meanwhile, the Spot market is sitting in the corner, sipping on water, just watching cautiously as if waiting for someone to prove it’s worth getting in the game.
Ah, the theater of crypto! Over 158 million Dogecoin (DOGE) have been devoured by wallets holding between 1 million and 10 million coins, as whispered by the oracle Ali Martinez. This gluttony has swollen their coffers to a staggering 11 billion DOGE. 🍽️🐳
But wait, there’s more! This isn’t just a random coin toss-this acquisition aligns perfectly with the launch of REX-Osprey’s very first Dogecoin exchange-traded fund (ETF). Because who wouldn’t want to add a bit of DOGE to their portfolio now that it’s officially ETF-approved? “Get in while it’s still cool,” seems to be the vibe here.
Winklevoss Twins Step In
A recent survey by the estimable MEXC reveals the curious transformation of crypto’s role in our modern economy: from a whimsical gamble to a darling insurance against the corrosive powers of inflation. Forty-six percent of users now hold digital assets as their shield, having forsaken the mere 29% recorded in the first quarter. The greatest enthusiasm is to be found in East Asia (rising from 23% to an astonishing 52%) and the Middle East (27% to 45%), where inflation’s relentless flirtation with local currencies has compelled many to seek refuge amid the abstract promises of the blockchain. 🎩💸
In the most recent salvo of Immutable X news, the team hath announced a union with Netmarble on the 11th of September. This alliance permits creators to earn rewards through popular games such as Solo Leveling, a title which, I daresay, would make even the most stoic of Austen protagonists blush. A mere three days later, the co-founder hinted at grand Web2 franchise integrations, potentially luring anime and entertainment IPs onto the Immutable network. With 660 games and 5.6 million wallets already in play, these unions could entice millions of new users into the Web3 gaming fold, much like a well-timed invitation to a ball.