Cryptonews

The blockchain wizards at Polygon and Anq, with their heads stuffed full of ideas and their pockets jingling with digital dreams, recently had a chinwag with a rather important chap in New Delhi. Sanjeev Sanyal, a bigwig on Prime Minister Narendra Modi’s Economic Advisory Council, lent them his ear. Their natter? Tokenization and government-backed stablecoins, of course! India’s dipping its toes into the digital finance puddle, and it’s making quite the splash. 🌊💼

According to the Ministry of Finance and Dubai Finance (departments with names so ambitious they might as well be filing their own CBDCs), this was a test run using the mBridge platform. A name that, if spoken in a desert wind, might cause camels to weep with nostalgia for the bygone era of sand and silver.

The community, ever cheerful and optimistic, thought it was a bull parade, while a few skeptics merely shrugged and yawned. Broader trends? Just your typical bullish excitement wrapped in a shiny package. 🥳

Rumor has it, the ticker-brace yourselves-will be XRPC, because who doesn’t love some punk rock in finance? Once Nasdaq gives the thumbs-up and the waiting game plays out, expect the trading floor to go nuts. So far, the earnestly optimistic are eyeing a miracle date of November 13. But hey, with SEC and Nasdaq’s mood swings, don’t hold your breath-unless you like to meditate in line.

The incident in question involves the theft of 127,272 BTC from the LuBian Bitcoin mining pool in December 2020, a heist so colossal it could make a pirate weep. The Chinese National Computer Virus Emergency Response Center, ever the drama queens of the cyber world, suggests this was no mere criminal act but a “state-level hacker operation” orchestrated by the US. One can only imagine the US government’s response: “Oh, you mean that operation? We thought it was a prank!”

The coin, that beloved jester, broke under $0.1720 amid frantic volume-a full-blown sell-off during U.S. hours, testing the patience (or the stupidity) of long-term believers. Will it bounce back, or is this the end? Only the market knows, and it’s just laughing behind its hand. 🎭

Yes, behind the scenes, the cogs of crypto destiny are grinding away with all the efficiency of Jeeves polishing Bertie’s spats. Supply is vanishing faster than the caviar at a Lord’s cricket match, on-chain activity is fizzing like a shaken martini, and Ripple, bless its ledger-lined heart, is suddenly the talk of every hedge-fund chap between Park Avenue and Piccadilly.

Coinbase has officially swiped left on BVNK, ending what could’ve been crypto’s version of a Brangelina power couple (before the messy divorce, obviously).

New whales, poor darlings, drown in a sea of red, their $1 billion dreams sinking. Yet, the old guardians, the LTHs, double their embrace, hoarding like bears before winter. 🐳❤️‍🔥