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<p class="excerpt">The crypto neighborhood continued with its custom of April Fools' Day Jokes this yr. Listed below are one of the best jokes from 2023.</p>

<p>Gary Gensler, chair of the U.S. Securities and Change Fee (SEC), modified his Twitter profile image to incorporate pixellated sun shades — a reference to a meme known as “cope with it.” Gensler's SEC has lately come below hearth for its <a target="_blank" title="The SEC's Cryptocurrency Targets for March: TRON, Coinbase, SushiSwap" href="https://www.bitrates.com/news/p/the-secs-cryptocurrency-targets-for-march-tron-coinbase-sushiswap" rel="noopener">regulatory actions against the crypto industry</a>, and the change was seemingly a response to his critics.</p> <p><img src="https://media.bitrates.com/posts/April2023/tmpheqav-400x400_1px.jpeg" srcset="https://media.bitrates.com/posts/April2023/tmpheqav-400x400_2px.jpeg 2x" alt="" width="330" height="330" data-original-src="https://media.bitrates.com/posts/April2023/tmpheqav-400x400_origin.jpeg"/></p>

<p>Crypto entrepreneur Samson Mow <a target="_blank" title="Excellion on Twitter" href="https://twitter.com/Excellion/status/1642073459361714178" rel="noopener noreferrer">suggested that</a> European lawmakers will impose bank-like guidelines on crypto wallets. Particularly, he stated that wallets will solely be capable of make transactions “from Monday to Friday, 8 AM to five PM, excluding holidays.”</p><p>Such a rule would defeat the aim of cryptocurrency, which not like conventional banking techniques is supposed to be at all times obtainable. Nevertheless, Mow’s joke additionally took a jab at <a target="_blank" title="EU Lawmakers to Vote on Limited Ban on Self-Hosted Crypto Payments" href="https://finance.yahoo.com/news/eu-lawmakers-vote-limited-ban-144117822.html" rel="noopener">real EU regulations</a> that purpose to limit self-hosted wallets.</p>

<p>The compliance agency BitAML <a target="_blank" title="BitAML Twitter" href="https://twitter.com/BitAML/status/1642225583940616194" rel="noopener noreferrer">suggested that</a> cryptocurrency transactions would require bodily handshakes to proceed, writing: “crypto-compliance simply bought a complete lot extra hands-on!” (In actuality, cryptocurrency transactions carried out by means of many buying and selling and cost platforms require identification verification on account of <a target="_blank" title="Are KYC and AML Rules Pushing The Crypto Industry In The Right Direction?" href="https://www.bitrates.com/news/p/are-kyc-and-aml-rules-pushing-the-crypto-industry-in-the-right-direction" rel="noopener">KYC/AML laws</a>.)</p>

<p>Miami mayor Francis Suarez <a target="_blank" title="Francis Suarez on Twitter" href="https://twitter.com/FrancisSuarez/status/1642205327285157888" rel="noopener noreferrer">said that</a> Twitter plans to maneuver its headquarters to his metropolis. Although this can be a joke, Suarez is understood for his previous crypto actions akin to his choice to simply accept his wage in Bitcoin and his involvement in CityCoin.</p>

<p>Crypto trade <a target="_blank" title="Binance Review" href="https://www.bitrates.com/exchange/binance" rel="noopener">Binance</a> took an absurdist angle because it posted an image of a shoe subsequent to its emblem. “Essential data,” it wrote, because it posted the next image:</p> <p><img src="https://media.bitrates.com/posts/April2023/bincroc_1px.jpeg" srcset="https://media.bitrates.com/posts/April2023/bincroc_2px.jpeg 2x" alt="" width="680" height="383" data-original-src="https://media.bitrates.com/posts/April2023/bincroc_origin.jpeg" data-original-src-width="680" data-original-src-height="383"/></p>

<p>The subreddit /r/eli5 (aka “Clarify Like I’m 5”) <a target="_blank" title="ELI5 on Reddit" href="https://old.reddit.com/r/explainlikeimfive/comments/128m11x/announcement_eli5_introduces_the_explanationcoin/" rel="noopener noreferrer">said that</a> it might introduce a token known as ExplanationCoin. Supposedly, the asset could possibly be traded for Dogecoin by means of a fancy course of involving a ridiculous variety of forex swaps.</p> <p>Although /r/eli5 is not going to really launch the token, different subreddits have launched tokens — akin to /r/cryptocurrency and $MOONS and /r/FortNiteBR and $BRICKS.</p>

<p>The TechCrunch <a target="_blank" title="Bitcoin Goes Green: Introduces Proof-of-Hydration Mining Algorithm" href="https://www.techscrunch.dev/article/6426e9d384341d0abffa" rel="noopener noreferrer">parody site</a> TechScrunch printed a number of April Idiot’s day jokes, together with one piece that recommended Bitcoin would use “proof-of-hydration” mining.</p> <p>Supposedly, Bitcoin miners would want to show they'd consumed a wholesome quantity of water earlier than they start mining crypto. In actuality, <a target="_blank" title=" How Does Bitcoin Mining Work?" href="https://www.bitrates.com/guides/bitcoin/how-does-bitcoin-mining-work" rel="noopener noreferrer">Bitcoin mining</a> will depend on the facility of 1’s mining {hardware} and entry to vitality.</p> <p><em><strong>On the lookout for previous April Fools' Day jokes? Take a look at our <a target="_blank" title="April Fools' Day 2021: A Roundup of the Crypto Industry's Best Jokes" href="https://www.bitrates.com/news/p/april-fools-day-2021-a-roundup-of-the-crypto-industrys-best-jokes" rel="noopener">2021 review</a>.</strong></em></p> <div class="post-summary"> <p>Disclaimer: data contained herein is offered with out contemplating your private circumstances, due to this fact shouldn't be construed as monetary recommendation, funding suggestion or a proposal of, or solicitation for, any transactions in cryptocurrencies.</p> </div>

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