We love you crypto readers, past present and future. Yeah, let's face it, for the love of freedom, crypto and society, we are love bombing each and every one of y'all spectacularly beauteous critters, right here on the matchmaking Publish0x!!
Yeaaaa, baby!! we wanna shower y'all with gifts, introduce y'all to ALL the important people, and spend ALL of our time hanging out on the 0x with you. Shrinks say it's probably not healthy, but WE don't see it that way. It's just love and that is all. Bless y'all for joining the fiat resistance. You deserve even more love than we can ever give you. 
Love CARPET bombing for y'all. Shrinks say maybe not sane, but it is not gonna turn to hate quickly. NOT a thin line between love and hate! It's a long run on a full gas tank of love. Flipper on the eight track
Changing the fabric of FT crypto coverage one love bomb at a time, dearest readers, we LUFF you.
Today's crypto in the FT: Important crypto news not about crypto: Inflation. Euro rate hikes are nuking the property market maybe. The Japanese yen has been on a rip. 
The Yen is a weird canary in a coal mine. If Japan can keep her supported currency and controlled markets going tickety-boo, it's a good sign that MMT believers are still kinda right for some short time more.
The FT transfers two stories from online to print today. The Forsage, SEC Ponzi smart contracts are securities sez Gary story. Copy is SO edited down it's funny, we thought it was changed.
The second story is Nico's bit on Mica rules nuking stabelcoin options. This WAS changed, no really!!! It's a smooth reading experience when the FT is going tickety-boo. Yesterday's online story stated Mica "proscribes" interest on stablecoins. It turns out we are such an illiterate moron we thought that meant "prescribed." Hey start with a P lol!! ouch. But we must not be alone, because when the GOOD editors that work the PRINT copy came ON THE JOB, they replaced "proscribe" with banned. This is today in print
and this is yesterday's online 
So we're NOT cra-cra, just gotta vocabulary stuck in the gutter. Sorry!!
This changes the thought experiment but the basic point remains, it's a specific senseless Mica regulation that will be worked around.
We remember in a WSTA working group of street firms, an INCREDIBLY well dressed high level fed rep came to tell us that we had to keep records to the second. Whadda MEAN??!!?? Is that a rolling second, a snapshot, average, what type, are conflations OK, necessary?? He did not have a CLUE!!!! Nice enough guy though. Point is regulators by definition know not of what they say.
Thanks uber editors, y'all are true Bodhisattvas and we love ye. Three thank yous from the dumb side of the class.
Moving along, ONE NEW crypto online only yay!! 
It's crypto bad news so the FT is on it! TBF, the FT has covered Solana before, so good on em. TLDR: 7,767 wallets drained on Solana and other platforms. Solana says it was the wallets. Phantom wallet and NFT Magic Eden took the hit. Cold wallets chilled.
Solana is heavily backed including by Sammy Fried and Jump Trading. We visited some early Jump Trading satellite which was in a boring midtown building, but the traders(??) had removed at least one wall , filled the place with plants & installed a garage door to the terrace, bless em. Bank of Obama er America said Sol could become Visa for coins. Except Sol's network crashed and their market cap is down 80.
The real story: Not in this article, but earlier FT coverage added "do we really need a replacement for ether anyway?" 
That's a one thank you, FT.
Other sources say it's mostly Slope wallets, plus Phantom & maybe TrustWallet. Some say WTF Mac iOS, but Android was hit too.
This is news, a day after the giant attack surface of the Nomad cross chain bridge was exploited for 190 mm. Nomad is funny as after the hacker hit, others copied his hack and stole more, like a crowd in a riot. FT should touch it.
If TrustWallet is hacked, that's incredibly effed up, a big blow for crypto. Phantom is #1 in Sol wallets OK. But do we really need a replacement for ERC 20 wallets lol. Will Sol hardfork? hmm. There's a moral / ethical question. Sol's dead cat price action dove another 4%.
Security experts say at this point Solana's hack could be a supply chain attack (the app store did it? Doubt it) or a browser zero-day flaw (doubt it) faulty random number generator ( doubt it) or a nonce reuse bug in Solana libaries (most likely) where the private keys could be derived with an old signature. Trust Wallet NO! it MUST be Sol libraries. betcha.
Well, what a rotten ongoing attack, funds running out of your wallet in realtime. Someone tried DDOS ing the attack wallets, it only made it look like Solana went down. The chain was fine, lol, the operation was a success except for the dead patient part. That sound you hear is people running to mainstream wallets on BTC and ETH and cold wallets. 
Maybe is time for a hard fork, dunno, hate to say that, so bush league. Rough day in the trenches, hack $$ and targets keep rising right now. The one quick fix prescribed (lol) , cutting off links from the wallet, is best practice but probably won't help compromised keys. All client, private, heartfelt funds. Yow.
Back to love bombing y'all, this goes out to heartbroken Sol lovers tonight. 
There is always hope. Sleep tight!
Peace out,
love
Dave
