The BNB Chain itself—restless as a Moscow market—has teemed with transaction swarms, swelling from eight to seventeen million with the indifference of a bureaucrat stamping passports. DeFiLlama (ever the bearer of grim news) confirms this escalation.
Gossip courtesy of Lookonchain: This dapper digital plutocrat, already lounging atop past profits exceeding $30 million, lumbered back into the fray and snapped up 30,000 ETH during a rather uninspiring dip. Since June 11, they’ve hurled about 295 million USDC at Ethereum, holding 115,465 ETH at an average soirée price of $2,555 per token. All terribly glamorous—except, alas, with ETH now pirouetting at $2,444.91 (down 4.14% in 24 hours), our whale is currently $15 million underwater. That’s almost enough to make a crypto baron order the cheap champagne. 🥂
2021’s focus for this event revolves mainly around the debut of a Know Your Customer (KYC) synchronization function, rejuvenated interaction within our ecosystem, and heightened anticipation regarding Mainnet transition.
This year, we’re excited to unveil a new KYC matching tool, strengthen ties with our community, and look forward to the next step in moving to Mainnet.
“I get bitcoin, but not U.S. dollar stablecoins,” Schiff tweeted on Friday, as if he were imparting the wisdom of the ages. “If you’re going to introduce a third-party custodian, why settle for a token backed by a flawed fiat currency like the dollar, when you can own one backed by gold?” Ah, the sweet sound of sarcasm! 🎤
Trading Bitcoin for “safety” is now about as effective as using a chocolate teapot—it dances like a risk asset, not like fortress-gold from the days when emperors brooded and rubles vanished at dawn.