Crypto and Blockchain Weekly Digest: Musk's Twitter Takeover, Kazakhstan's CBDC, and Market Predictions

Catch up on the latest developments in crypto and blockchain, including Elon Musk's Twitter takeover, Kazakhstan's CBDC on BNB Chain, and Bitcoin price predictions.

Published on 2022-10-29

Elon Musk's Twitter Takeover Begins

Elon Musk finalized his purchase of Twitter, dismissing top executives and planning to enhance free speech. Binance invested $500 million, and Twitter was delisted from the NYSE.

Kazakhstan Launches CBDC on BNB Chain

Kazakhstan is developing a central bank digital currency on BNB Chain, marking a significant step in blockchain adoption.

Equifax Ventures into Web3 with KYC Solution

Equifax is building a Web3 KYC solution, leveraging blockchain for identity verification and security.

Regulatory and Legal Updates

The Australian federal budget clarified Bitcoin's status, while a CFTC commissioner warned of crypto contagion risks similar to the 2008 crisis.

Market Predictions and Security Alerts

Bitcoin is predicted to reach $30K next month. 3Commas issued a security alert after FTX deleted API keys post-hack.

Crypto City: San Francisco Bay Area Guide

Explore the thriving crypto community in the San Francisco Bay Area, a hub for innovation and blockchain development.

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