Eliminating Fees, Killing Features, Reducing Payouts and 20 Crypto Jokes

cryptonews.com:

This is your weekly digest of top crypto news from Cryptonews.com, followed by a collection of 20 hand-picked crypto jokes.

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This week in crypto: we looked into bitcoin price predictions as BTC surpassed $42,000 amidst dovish Fed signals, as well as ethereum price predictions as JPMorgan said ETH would outperform BTC in 2024, while Mike Novogratz admitted that he was wrong about XRP and altcoins.

Then, FIFA announced an NFT collection in its first collaboration with tech firm Modex, Sotheby’s first Bitcoin inscription auction raised $451,000, Pudgy Penguins revealed its zkSync Era-based Web3 game Pudgy World, and Immutable eliminated fees in its zkEVM gaming solution,

Speaking of games, Immortal Game decided to kill off its NFT and P2E features due to widespread cheating, the Rhysida hacker group attacked Insomniac Games and asked for 50 BTC in ransom, multiple popular dapps were compromised following a hack against a popular Web3 connector, OKX DEX was exploited with some wallets losing around $400,000, and while HTX saw $248 million in net outflow since resuming operations, Justin Sun said customer deposits at HTX and Poloniex are “100% safe” despite multiple recent hacks.

Meanwhile, the Brazilian neobanking unicorn Nubank will begin allowing its customers to make crypto withdrawals, messaging app LINE secured $140 million for expansion of its NFT platform, Nasdaq will leverage the technology developed for its crypto venture to expand into emerging markets, and Deutsche Bank’s DWS Group teamed up with Galaxy Digital to issue a euro stablecoin.

That’s not all. BankSocial said it would launch a credit union that would let people buy and sell digital currencies, a former Credit Suisse executive launched a crypto