It’s All About Crypto Blog
Polymarket can’t decide whether Zelenskyy wore a suit
July 8, 2025
Polymarket is struggling to resolve the outcome of a betting market that attracted millions of dollars in wagers (with over $210 million in total trading volume). The question at stake: “Will Zelenskyy wear a suit before July?” On July 1, the outcome was first proposed as "Yes" - and then disputed. A "No" outcome was submitted next - and also disputed. Now, it’s up to...
Fool Me Twice: The Toncoin Visa Hype
July 7, 2025
The official TON website announced a new opportunity to obtain a UAE Golden Visa for $35,000 - as long as you stake $100,000 worth of Toncoin for three years. Just a few hours later, UAE authorities denied the news. What followed was a textbook pump & dump on Toncoin. Interestingly, this is the second time such a scheme has played out in recent weeks. Remember May 28...
What If Bitcoin Were Banned Worldwide?
July 7, 2025
Not long ago, I asked on X: “Imagine every government in the world decided to ban all cryptocurrencies … except two. Which two should be allowed to stay?” People replied: Bitcoin and Ethereum, Bitcoin and Solana, Bitcoin and Hyperliquid. In every answer, Bitcoin came first. But does Bitcoin really need protection from a government ban? Let’s take a closer...
10,000 Coins and Still Surprised
July 5, 2025
Today I came across an interesting list of public companies that hold crypto on their balance sheets. The website doesn’t offer any references or disclosures, but the data I managed to verify checks out with other sources - for example, Tesla really does hold DOGE, and PayPal has a reserve of PYUSD. So, it might actually be legit. What caught my attention the...
FTX Finds a New Way Not to Pay
July 4, 2025
One of the activists from the FTX creditor community has shared court documents revealing that FTX claims it’s unable to return funds to users from 49 jurisdictions. The biggest impact falls on residents of China, who account for roughly 82% of the unpaid claims. FTX cites local laws in those regions as the reason - either due to bans on crypto trading or restrictions...
Did Robinhood Forget to Ask OpenAI? They Didn’t Have To.
July 3, 2025
Robinhood has launched tokens that track the private market valuation of OpenAI. In other words, they’re letting users speculate on the value of a non-public company - via intermediary-issued tokens. To grab attention, they even decided to give some away. A classic crypto move. And attention they got. OpenAI quickly responded, saying they’re not involved, didn’t approve it...
Trading of the SSK ETF kicked off today on CBOE.
July 2, 2025
It's essentially a Solana ETF with built-in staking rewards, assembled by BlackRock through a clever legal workaround that sidesteps SEC requirements. Trading volumes are off the charts - over $8 million in the first hour alone. And honestly, that’s very much in the spirit of crypto itself. After all, cryptocurrencies were designed to bypass financial regulations - not by breaking the...
Two Kinds of Stable: Choose Wisely
July 1, 2025
The popular NFT marketplace Magic Eden has announced support for a new stablecoin called USDB. The coin - which hasn’t launched yet - will be integrated across all of Magic Eden’s apps and services. These days, everyone seems to be rolling out their own stablecoin, each trying to offer something unique. In the case of USDB, the twist is that it’s...
Wrong LayerZero, Right Price Pump
June 30, 2025
Funny thing happened today with the ZRO token. Reuters reported that Advent International, one of the world’s largest private equity firms, invested $1 billion in LayerZero Power Systems to support data center expansion. Crypto traders immediately rushed to buy the token of the omnichain protocol LayerZero, pushing its price up by 6%. Now, the ZRO token isn’t some random hype coin...
Can a Digital ID Truly Prove Who You Are?
June 29, 2025
Humanity has already figured out how to create decentralized digital money — and it works. But lately, more and more attention is turning to another deeply centralized domain: identity. It seems like the days of carrying around a paper document with your photo are coming to an end. Enter the next wave: World ID, Humanity Protocol, Proof of Humanity, BrightID — all promising a...
