After last week’s duty-caused drama, this was a relatively quiet week in crypto. Bitcoin remained stable around $ 84K. Coindesk 20, which tracks about 80% of the market, rose about 4% in the last seven days – ie. Nothing historical.

Still, a lot happened. On Tuesday, much of Krypto went offline due to a technical question on AWS showing how the decentralized economy is not always so decentralized. Shaurya Malwa reported early the news. Bitcoin and other major cryptos slipped on bad news for Nvidia, reported Omkar Godbole.

Mantra, a project that focused on assets in the real world, lost 90% of its value. Explanations varied (the company said it was due to “forced administrations” exchange).

Meanwhile, Eigenlayer, a restorative leader, rolled out a “slash” feature designed to tackle security concerns (Sam Kessler reported). OKX, a larger exchange, announced plans to create in California after a $ 500 million settlement with SEC over claims that the previously operated in the United States without a money transfer license. Cheyenne Ligon had that story.

In less good news, Kraken laid off “Hundreds” by the staff in front of an expected IPO. And Coinbase got involved in a “front -running controvers” attached to a curious named token on its base L2. Lawyers for Privacy responded with alarm to rumors that Binance was about to define Zcash after a long decrease in the value of privacy coins.

In DC News, Jesse Hamilton reported a new wave of cryptoponies that flooded the capital. Some asked if there are too many trading groups and whether they really could all be effective.

Friends with benefits, a buzzy social club for creative technologists, launched a new program to build web3 products for music, movies, release and other fun activities. (I wrote that one.)

Of course, there were plenty in the economy and the markets (Trump’s disgust for Fed -Chairman Powell fed the turmoil). But in crypto, it was basically business as usual. Wealth won, fortunes lost, wealth exposed.