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Stocks & Crypto Coins Updates

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@Coins

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RBI will soon launch the Digital Rupee for specific use cases on 1 November.

The Reserve Bank of India (RBI) announced on Monday that it will soon be commencing pilot launches of the digital rupee for specific use cases.

https://www.livemint.com/economy/digital-rupee-for-wholesale-segment-to-be-launched-on-1-nov-11667219105489.html

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FOMC this week (Wednesday 18:00 UTC).

Another hawkish announcement is expected. Estimates are that we will see another 75bps hike.

Downside seems limited for risk assets. Most quickly shrugged off poor US earnings last week which was impressive and a sign that something has shifted.

With markets factoring in all the above, we might see the short-term bullishness to continue. NFA.

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Justin Sun transferred 50M to #Binance    just now.

The last time he transferred a large amount of stablecoins to #Binance    was 7 days ago.

After that, the price of $ETH rose from $1,335 to $1,620, an increase of 22%.

And this address of Justin Sun holds 79,170 $ETH($125M) now.

https://etherscan.io/address/0x611f97d450042418e7338cbdd19202711563df01

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Elon Musk tweets a Doge wearing Twitter-logo tee + Halloween pumpkin.

https://twitter.com/elonmusk/status/1587297730631696384

He doesn't seem to let go of $DOGE.

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A whale transferred 129,573 $BNB($43M) to #Binance 2 hours ago.

The price of $BNB has risen from $273 to $330 in the past 7 days, an increase of 21%.

https://explorer.bnbchain.org/tx/5E7165EFD1D0182AA4A9ADFB92659C12706375B94AD4B4C3172B0DE086EA1C18

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Report: 97.7% of tokens launched on Uniswap are rug pulls.

Uniswap registers the highest number of rug pulls in crypto history.

The data demonstrate that 90% of locking contract tokens become malevolent or rug pulls.

Celebrities are behind most of the recent NFT rug pulls.

https://www.cryptopolitan.com/uniswap-accounts-for-97-7-of-token-rug-pulls/

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GameStop’s NFT marketplace is officially live on ImmutableX.

https://twitter.com/immutable/status/1587172557832310784

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MakerDAO co-founder Nicolai Arcadie Muchgian was found dead after tweets of sex trafficking by CIA.

The 29-year-old cryptocurrency developer reportedly died early Friday after being swept away by ocean currents on a beach in Condado.

This is sad and shocking.

https://www.cryptopolitan.com/makerdao-co-founder-found-dead/

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Fidelity (US$4.5 trillion under management) added ETH trading for their institutional clients.

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Cryptocurrency exchange volume in October was just $544 billion — down from $733 billion in September

Lowest level since December 2020 when they totaled $385 billion.

Interesting fact: The same month, bitcoin hit multiple new all-time highs, trading above $28,000.

Binance accounted for the majority of crypto exchange volume — clocking in at $390 billion for the month, while Coinbase was a distant second at $47 billion.

Regionally, Asia led the way, followed by North America and Europe.

Source: The Block

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Grocery retailer chain from South Africa, Pick n Pay, to start accepting cryptocurrency payments.

Its latest pilot-tested Bitcoin payment service technology will let customers buy groceries with cryptocurrency.

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Burberry collaborates with Minecraft to launch a capsule collection.

In their words: an in-game adventure, capsule collection and real-world experiences, each filled with creativity, exploration and self-expression. Inspired by the fast-paced in-game adventure into the unknown, the Burberry x Minecraft capsule collection fuses in-game motifs with unmistakable Burberry icons.

Collection: https://uk.burberry.com/c/collaborations/minecraft-burberry-partnership/#the-collection

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Derbit Exchange hacked: Hot wallets compromised.

In their words: Deribit hot wallet compromised, but client funds are safe and loss is covered by company reserves. Our hot wallet was hacked for USD 28m earlier this evening just before midnight UTC on 1 November 2022.

Full thread: https://twitter.com/DeribitExchange/status/1587701883778523136

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Just in: After a community vote among validators, the “t.me” domain was added to the root TON DNS smart contract.

This news means that “t.me” owners now have the following opportunities:

You can assign the username.t.me format to your TON crypto wallet, allowing users to send Toncoin to your Telegram username.

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The Fed announced a 75bps rate hike. Expected. The next FOMC release on Dec. 14.

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Two hacks in the last 24h. Derbit and Solend.

We have had like 8+ hacks in the last 5 weeks.

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