<![CDATA[This week in crypto: JPMorgan predicted <a href="https://cryptonews.com/news/bitcoin-hashrate-drop-by-20-after-next-halving-event-jpmorgan.htm">a 20% drop in the Bitcoin hashrate</a> after the next halving, some argued there&rsquo;s <a href="https://cryptonews.com/news/mcrib-meme-curious-connection-bitcoin-stocks.htm">a connection between McRib, bitcoin, and stocks</a>, and while Jim Cramer predicted a <a href="https://cryptonews.com/news/jim-cramers-bitcoin-prediction-prepare-for-sharp-drop-best-counter-indicator.htm">sharp drop for bitcoin</a>, Yann Allemann opined that <a href="https://cryptonews.com/news/glassnode-co-founder-weighs-in-no-major-bitcoin-drop-expected-investors-bet-big-on-this-ai-crypto-presale.htm">no major bitcoin drop is to be expected</a>. Binance&rsquo;s $1 billion industry recovery <a href="https://cryptonews.com/news/binance-1-billion-industry-recovery-fund-post-ftx-underperforms.htm">fund after the FTX disaster underperformed</a>, while Coinbase trading <a href="https://cryptonews.com/news/coinbase-trading-volume-plunges-52-76-billion-marks-lowest-quarter-after-public-listing.htm">volume plunged 52% to $76 billion</a> and marked the lowest quarter after public listing. On the other hand, &lsquo;The Quiet Maid', a movie funded by the sale of NFTs, <a href="https://cryptonews.com/news/nft-funded-film-backed-by-a-list-director-soderbergh-seals-historic-global-sales-agreement-crypto-adoption-on-the-rise.htm">secured a global sales deal</a>.In the legal event of the crypto century, Sam Bankman-Fried&rsquo;s <a href="https://cryptonews.com/news/from-paradise-to-courtroom-sam-bankman-frieds-35-million-bahamas-property.htm">trial began with stunning revelations</a>, Bankman-Fried wrote a draft Twitter thread to announce the possible <a href="https://cryptonews.com/news/sam-bankman-fried-wrote-a-draft-twitter-thread-for-alameda-closure-two-months-before-ftx-collapse.htm">closure of Alameda Research two months before the FTX collapse</a>, Caroline Ellison made claims involving <a href="https://cryptonews.com/news/a-saudi-prince-chinese-government-officials-and-thai-prostitutes-former-alameda-research-ceos-damning-testimony-continues-against-sam-bankman-fried.htm">Alameda Research&rsquo;s ties to international government officials</a>, and a former engineer said <a href="https://cryptonews.com/news/alameda-research-lost-200m-to-several-phishing-attacks-due-to-poor-security-practices-ex-ftx-engineer.htm">Alameda Research lost $200m million to several phishing attacks</a> due to &ldquo;poor security practices&rdquo;. Meanwhile, a Coinbase director said <a href="https://cryptonews.com/news/coinbase-director-flags-alameda-research-for-minting-nearly-40-billion-usdt-in-2021.htm">Alameda Research minted upwards of $39.55 billion</a> in USDT throughout 2021.In the meantime, a Brazilian congressional committee recommended <a href="https://cryptonews.com/news/brazilian-congressional-committee-recommends-indictment-of-binance-ceo-three-other-executives.htm">the indictment of four Binance senior executives including CZ</a>, a US federal judge <a href="https://cryptonews.com/news/federal-judge-orders-mediation-for-blockfi-three-arrows-capital-dispute-over-284-million-payments.htm">ordered mediation for the BlockFi and Three Arrows Capital dispute</a> over the $284 million payments, the <a href="https://cryptonews.com/news/us-supermarket-trader-joes-takes-legal-action-against-crypto-project-over-name-resemblance.htm">Trader Joe&rsquo;s supermarket sued the Trader Joe DEX</a> for federal trademark infringement, and Ethereum DeFi protocol BarnBridge opened token-holder voting <a href="https://cryptonews.com/news/ethereum-defi-protocol-barnbridge-faces-sec-action-and-fines-opens-token-holder-voting.htm">as it faced SEC action and fines</a>. Then, Coinbase, Revolut, and Binance <a href="https://cryptonews.com/news/crypto-exchanges-adapt-coinbase-revolut-binance-update-apps-for-uk-regulations-heres-latest.htm">updated their apps to comply with the new regulations</a> from the UK FCA, the FCA sanctioned Binance's UK partner <a href="https://cryptonews.com/news/fca-sanctions-binances-uk-partner-rebuildingsocietycom-for-financial-promotions.htm">RebuildingSociety.com for financial promotions</a>, and it added <a href="https://cryptonews.com/news/uks-fca-adds-143-crypto-exchanges-including-huobi-owned-htx-and-kucoin-to-warning-list.htm">143 crypto exchanges to its warning list</a>. In Cyprus, the authorities said they&rsquo;d <a href="https://cryptonews.com/news/cyprus-impose-strict-penalties-unlicensed-crypto-service-providers-report.htm">impose hefty penalties on unregistered crypto asset service providers</a>.As that was happening, Circle announced its plans to begin <a href="https://cryptonews.com/news/circle-begins-native-minting-of-usdc-stablecoin-on-layer-2-scaling-solution-polygon.htm">minting USDC directly on the Polygon network</a>, Bitstamp was in talks with <a href="https://cryptonews.com/news/bitstamp-crypto-exchange-seeks-collaboration-with-european-banks-boost-crypto-adoption.htm">three large European banks about offering crypto services</a>, JPMorgan Chase conducted <a href="https://cryptonews.com/news/jpmorgan-chase-conducts-first-blockchain-based-collateral-settlement-with-blackrock-and-barclays.htm">the first blockchain-based collateral settlement with BlackRock and Barclays</a>, a consortium of Japanese firms was set to <a href="https://cryptonews.com/news/japanese-firms-use-digital-currency-for-clean-energy-certificate-settlements.htm">launch a yen-based digital currency by July 2024</a>, Russia&rsquo;s Central Bank argued <a href="https://cryptonews.com/news/russia-could-use-digital-ruble-evade-swift-wants-foreign-banks-use-its-cbdc.htm">its digital ruble could let citizens pay abroad</a> without using SWIFT, and the Central Bank of Nigeria said <a href="https://cryptonews.com/news/e-naira-not-a-threat-nigerias-central-bank-replies-to-critics-highlights-use-cases.htm">its digital currency the e-naira is not a threat</a>.Meanwhile, crypto stolen from a businessman <a href="https://cryptonews.com/news/crypto-stolen-from-indian-businessman-used-by-hamas-attacks-israel.htm">in India was traced to accounts linked to Hamas</a>, and Hamas received <a href="https://cryptonews.com/news/hamas-received-41-million-crypto-lead-up-attack-israel.htm">$41 million in crypto in the lead-up to the attack</a> on Israel. Hong Kong police issued an alert after <a href="https://cryptonews.com/news/hong-kong-police-issues-warning-after-binance-users-lose-450k-phishing-scams.htm">11 Binance users in the region fell victim to phishing scams</a>, Platypus Finance fell victim to <a href="https://cryptonews.com/news/defi-protocol-platypus-finance-hacked-for-over-2-million-avalanche-heres-what-happened.htm">a security breach resulting in the loss of over $2 million</a>, crypto exchange <a href="https://cryptonews.com/news/crypto-exchange-htx-recovers-8-million-lost-hacker-recent-security-breach.htm">HTX recovered $8 million lost to a hacker</a> in the recent security breach, and Avalanche-based Star Arena <a href="https://cryptonews.com/news/avalanche-based-star-arena-recovers-90-of-hacked-funds-offers-10-bounty.htm">recovered 90% of the hacked funds</a> and offered 10% bounty.Jokes time!__________GM, Cryptoverse!<figure class="media"><oembed url="https://twitter.com/CryptoKaleo/status/1712069431419941161"></oembed></figure>__How was your week, everybody?<figure class="media"><oembed url="https://twitter.com/CryptoCred/status/1696041243061420108"></oembed></figure>__Let's check on the markets.<figure class="image"><img src="https://cimg.co/news/126311/333566/naiivememe-1-twitter.jpg" srcset="https://cimg.co/news/126311/333566/responsive-images/naiivememe-1-twitter___media_library_original_500_640.jpg 500w, https://cimg.co/news/126311/333566/responsive-images/naiivememe-1-twitter___media_library_original_300_384.jpg 300w" width="500" class="content-img" alt=""><figcaption>Source: naiivememe / Twitter</figcaption></figure>__Oh, how the times have changed.<figure class="media"><oembed url="https://twitter.com/LilMoonLambo/status/1701953040486486457"></oembed></figure>__"And another!"<figure class="media"><oembed url="https://twitter.com/HalvingPartyMF/status/1708858260177219597"></oembed></figure>__How dare you own stuff and be happy? What's wrong with you?&nbsp;<figure class="image"><img src="https://cimg.co/news/126311/333564/btc-charlie-twitter.jpg" srcset="https://cimg.co/news/126311/333564/responsive-images/btc-charlie-twitter___media_library_original_713_871.jpg 713w, https://cimg.co/news/126311/333564/responsive-images/btc-charlie-twitter___media_library_original_600_733.jpg 600w, https://cimg.co/news/126311/333564/responsive-images/btc-charlie-twitter___media_library_original_300_366.jpg 300w" width="713" class="content-img" alt=""><figcaption>Source: btc_charlie / Twitter</figcaption></figure>__We&rsquo;ve reached out to ETH holders for a comment.<figure class="media"><oembed url="https://twitter.com/jimtalbot/status/1711991449716183334"></oembed></figure>__Aaaand discuss.<figure class="media"><oembed url="https://twitter.com/paoloardoino/status/1711660985382035894"></oembed></figure>__Are they, though?<figure class="image"><img src="https://cimg.co/news/126311/333565/cryptomanran-twitter.jpg" srcset="https://cimg.co/news/126311/333565/responsive-images/cryptomanran-twitter___media_library_original_950_987.jpg 950w, https://cimg.co/news/126311/333565/responsive-images/cryptomanran-twitter___media_library_original_900_935.jpg 900w, https://cimg.co/news/126311/333565/responsive-images/cryptomanran-twitter___media_library_original_720_748.jpg 720w, https://cimg.co/news/126311/333565/responsive-images/cryptomanran-twitter___media_library_original_600_623.jpg 600w, https://cimg.co/news/126311/333565/responsive-images/cryptomanran-twitter___media_library_original_300_312.jpg 300w" width="950" class="content-img" alt=""><figcaption>Source: cryptomanran / Twitter</figcaption></figure>__Zero mercy was had.<figure class="media"><oembed url="https://twitter.com/AutismCapital/status/1711939352409042947"></oembed></figure>__You too can look just like her! Fall 2023 courtroom season.<figure class="media"><oembed url="https://twitter.com/0xtuba/status/1711771874068419031"></oembed></figure>__In case you weren&rsquo;t following.<figure class="media"><oembed url="https://twitter.com/intern/status/1712229279440806188"></oembed></figure>__Looks legit.<figure class="media"><oembed url="https://twitter.com/0xfoobar/status/1712483101438628081"></oembed></figure>__Every story has a twist.<figure class="media"><oembed url="https://twitter.com/KyleSGibson/status/1712485204982452599"></oembed></figure>__Sure.<figure class="media"><oembed url="https://twitter.com/0xbags/status/1701336750650499557"></oembed></figure>__&hellip;I can't even...<figure class="media"><oembed url="https://twitter.com/scottmelker/status/1712200943729615328"></oembed></figure>__Sustainable.<figure class="media"><oembed url="https://twitter.com/mattomattik/status/1700174439642509418"></oembed></figure>__Remember, it's a marathon.<figure class="image"><img src="https://cimg.co/news/126311/333567/thebtctherapist-twitter.jpg" srcset="https://cimg.co/news/126311/333567/responsive-images/thebtctherapist-twitter___media_library_original_547_680.jpg 547w, https://cimg.co/news/126311/333567/responsive-images/thebtctherapist-twitter___media_library_original_300_373.jpg 300w" width="547" class="content-img" alt=""><figcaption>Source: TheBTCTherapist / Twitter</figcaption></figure>__Some things are hard to believe.<figure class="media"><oembed url="https://twitter.com/LilMoonLambo/status/1711583924349030419"></oembed></figure>__And a documentary on auditors after auditing. Livestream with found footage.<figure class="media"><oembed url="https://twitter.com/AltcoinPsycho/status/1702702642906980834"></oembed></figure>
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Court and Courtrooms, Law and Lawsuits and 20 Crypto Jokes

Cryptonews.com

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