What Occurred in Crypto In the present day? [Oct. 13]

From BTC touching ~$26.5K to Mastercard finishing its CBDC trial, here’s a 2-minute breakdown of all the pieces vital that occurred in crypto at this time.

– Co-author: Davier M

Bitcoin slipped and acquired you all confused? CoinMarketCap is right here to the rescue with an important 2-minute rundown to concisely clarify the dip and different essential crypto tales.

However as all the time, earlier than diving into the small print, here’s a TLDR of at this time’s tales:

Alright, let’s unpack all that!

The regulatory cops threw the ebook at former Voyager CEO Stephen Ehrlich, accusing him of deceiving clients about their “protected haven” funds earlier than the corporate sank.

Suppose he’ll be crying crocodile tears like Caroline at his personal trial? With Voyager owing over $1.7 billion, this case may get even messier. Listed below are some particulars!

Bitcoin dipped after the newest inflation report confirmed costs nonetheless painfully excessive at 3.7%. A lot for the Fed pumping the brakes.

Seems to be like we’re caught in purgatory for now. Listed below are some particulars on anticipated fee hikes as the following FOMC assembly is approaching!

China’s rolling out the purple carpet for its digital yuan, opening an industrial park providing subsidies. With over 5 million retailers accepting it already, the e-CNY is gaining floor.

However can it compete with crypto? Listed below are some particulars on China’s effort to extend its adoption.

Mastercard wrapped central financial institution digital currencies on totally different blockchains, permitting simple transfers. Whereas a small trial, it reveals CBDCs may achieve wider performance.

If efficiently carried out, blockchain adoption will unfold like wildfire in TradFi. Learn the total story right here!

Blockchain sleuth Elliptic says proof factors to Russian hackers behind the $477M FTX assault because it collapsed. The stolen funds have been blended with these of prison teams.

However how did it discover the hyperlink? Learn the total story right here!

And that’s all of us! We can be again tomorrow along with your day by day obtain of crypto information. See you then!

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