Rapping up the week in crypto
Pattycake, Pancake, all gas--no break.
Week of May 24, 2021
Week of May 24, still nothing to panic for,
Ethers gunning to flip the score,
But if the score is written in Solidity, what's it really good for?,
They say Hakuna, but it's bug du jour,
Legacy, this is what you were looking for before,
Developers, you deserve so much more,
Polkadot wants your love and they spend a lot,
But we'll have to see if the tech is on the DOT,
It's wild, the difference between value and spot,
Tik Tok driven tickers ticking me off,
And China still running things like a Grand Moff,
Big Sean came for my spot so I told him get gone,
Might be a millionaire but I still mow my own lawn,
Destined to be the voice of the crypto strong,
Hodl on, they're scared of the new dawn,
DeFi means never having to be a pawn,
This is the fight for financial freedom in a song,
We're in good shape, but someone tell Mark to look past Polygon,
Scaffolding when we need to build different like Porygon,
Bitcoin takin' the heat for decades of policy gone wrong,
Put a council together and picked up Elon,
But he ain't right to run it and that isn't retribution,
We just want someone offering more than Twitter confusion,
Maybe its collusion,
Powers that be paying to spread disillusion,
These paranoid thoughts got me tripping,
But this can be a world of wash trading and price fixing,
Are we scoundrels, crypto punks doing backroom bidding?,
Whales win whether we sink or swim,
Making old money mistakes, are we Scrooge or Tiny Tim?
Sometimes it seems we're tightening the screws,
When we could be spreading good news,
Like blockchain being used to help journalists the Kremlin abuses,
Or when Play to Earn is more than a game to amuse,
I'm talking crypto for the many and not the few,
Bitcoin is my religion, DEXs are my pews,
Don't let 'em trick you with short-term views,
Look long, Farsite might be huge,
Wallets are up and NFT volume went 3x,
Meme.com got $5 mil to sell jpegs,
Even Gamestop's gambit has some legs,
The GOAT came out for Consensus,
Colorado is trying to help the country come to its senses,
Skybridge and Fidelity swing for the fences,
PayPal will let you withdraw but we'll see about the expenses,
Even Apple wants to press crypto for its juices,
South Korea is next to see what a digital currency produces,
It's steady progress, but there were still some bruises,
The White House says crypto is fraught with misuses,
But we're still handing out guns to kids with short fuses,
Congress is having tea with the SEC,
The say they wanna do more for you and me,
Even Biden wants a bite of crypto entities,
But blockchain means we don't need their permission to be free,
We know the risks, just let us be,
An Indian Bank really said Bitcoin is a fad,
Pattycake, Pancake, Binance Chain's week was all bad,
CypherTrace can't restore what you never had,
At this point I'd rather give my data to Plaid,
A couple of Tezos bakers are more than a little mad,
Iran says you can drill for oil,
But treat Bitcoin mining like it's crack in tin foil,
Black out, UAE told Dubai Coin goodbye and get out,
Went phishing but didn't catch a Bit[of]Clout,
UK came for a weed bust,
But the farm yielded ASIC dust,
No diamond Dimon reiterated his distaste,
But it seems JPMorgan is still in the Chase,
USDC asks 'can you see me?',
Raised half a billion to take on USDT,
Full Circle, how stable can dollar backed really be?
Don't take me wrong, this isn't negativity,
This is the fight to see things clearly,
BTC you in Miami,
Unmuteable, not gunning for Artist of the Decade,
Bars for the DeFiant and the Degens,
Keeping the promise of crypto alive in the face of decay.
Decrypt’s People of the Year: the DeFi Degens
Polkadot treasury established to fund projects 'that give traction to the network'

Drake Is Billboard's Artist of the Decade, Will Receive Honor at 2021 Billboard Music Awards


JPMorgan Boss Jamie Dimon Personally Advises People to 'Stay Away' From Cryptocurrency
JPMorgan to Let Clients Invest in Bitcoin Fund for First Time: Sources
UK Police Raid Suspected Cannabis Factory, Find Bitcoin Mining Operation
The Crypto Social Network
Iran bans cryptocurrency mining for four months after blackouts
Nashville Couple Sues IRS Over Tezos Staking Rewards Tax
Plaid faces 2nd lawsuit over alleged data privacy violations
CipherTrace expands to cover Binance Smart Chain amid wave of exploits

PancakeBunny Attacked With Massive $200M Flash Loan Exploit

BSC Defi Protocol Burgerswap Loses $7.2 Million from a Flash Loan Attack
India’s HDFC Bank Calls Bitcoin a Fad as Exchanges Mull Legal Fight Over Restrictions
Biden’s 2022 Budget Includes New Crypto Reporting Proposals
US SEC wants to work with Congress to regulate crypto exchanges
US Mass Shootings, 1982–2021: Data From Mother Jones’ Investigation
White House Cyber Adviser Highlights Potential for Misuse of Crypto
PayPal Will Let Customers Withdraw Crypto, Exec Says
SEC begins formal review of Fidelity, SkyBridge Bitcoin ETF applications
Gov. Jared Polis Wants Colorado to Accept Crypto for State Taxes
See Tom Brady Speak at the Last Day of Consensus
GameStop Is Hiring for New NFT Platform on Ethereum
Meme.com, a Platform Pairing Memes With Tokens, Raises $5M
NFT volume has more than tripled — even amid price crash — as Meme.com raises $5M
Space-based MMO game prepares for lift-off, powered by DeFi and NFTs
For Filipinos, Axie Infinity Is More Than a Crypto Game
Russian Artists to Sell NFTs to Support Journalists Under Pressure
A September 2017 study by the Federal Reserve reported that the top 1% owned 38.5% of the country's wealth in 2016. According to a June 2017 report by the Boston Consulting Group, around 70% of the nation's wealth will be in the hands of millionaires and billionaires by 2021.
CryptoPunks NFTs sell at Christie’s for $16.9 million
Some skeptics have questioned whether Sundaresan’s Everydays purchase was partly an attempt to drive up the value of his existing NFT positions.
Cleaning Up Crypto Exchange Wash Trading Will Take Global Regulation
Bitcoin Mining Council to report renewable energy usage
Bitcoiners’ Approach to the Climate Change Fight Isn’t Working – This Might
Porygon is a Pokémon made completely out of programming code.
Mark Cuban Invests in Ethereum Layer 2 Polygon

Gave your girl a Robinhood portfolio

Thirty K in Doge (Doge), yeah, go indulge ('Dulge)

China’s Latest Crackdown on Bitcoin, Other Cryptocurrencies Shakes Market

Grand Moff was a political title in the hierarchy of the Galactic Empire.[6] Grand Moffs were governors of Oversectors, which were grouped star systems and sectors that demonstrated signs of unrest.
I search for something I'm missing and disappear when I'm bored
But girl, what qualities was I looking for before?
Who you settling for? 
Polkadot’s Gavin Wood: WebAssembly Is the Future of Smart Contracts, but ‘Legacy’ EVM Is Right Now
British MP says Ethereum ‘flippening’ is taking place, calls for a ‘safe space’ for crypto