Places China

Stripe fires over 1,100 of its employees due to financial troubles, Andre Cronje's tweet spikes Fantom by 24% in a day, and much more in this edition of CryptoSlate Wrapped Daily.

The Chinese government holds $6 billion worth of cryptocurrencies, including Bitcoin, Ethereum and others.

FTX founder Sam Bankman-Fried said Hong Kong would prevail over Singapore and Korea in Web3 adoption.

Vitalik Buterin says ZKPs are necessary for Ethereum, Binance overshadows Huobi in derivatives trading, and more in this edition of CryptoSlate Wrapped Daily.

Hong Kong Monetary Authority published a report to announce its CBDC project, mBridge's key accomplishments, use cases, and areas of improvement.

Arthur Hayes speculates whether greenlighting retail participation in Hong Kong is a sign that China wants crypto back.

Apple releases guidelines to allow in-app NFT purchases, Tesla loses $106M to Bitcoin volatility in Q3, and more in this edition of CryptoSlate Wrapped Daily.

On-chain data reveals Binance and Bittrex were also attacked at the same time as FTX, Freeway suspends withdrawals while FatManTerra warns for a rug pull, and much more in this edition of CryptoSlate Wrapped Daily.

China-based streaming platform iQIYI will use the Ethereum-based smart contract ERC-3475, developed by DeBond protocol.

Circle and Axelar's new protocol seamlessly allows USDC transactions cross-chain, and much more in this edition of CryptoSlate Wrapped Daily.

Chief Executive HKSAR John Lee mentions a bill for statutory licensing for VASPs and the city's progress in developing its CBDC in his first policy address delivered on Oct.19.

Macau's Executive Council submitted a draft bill to place all currencies under the same legal scrutiny, including digital currencies.

The main reason behind the proposal is to reduce the region's reliance on the US dollar.

Sweden's Riksbank teamed up with BIS, along with the central banks of Israel and Norway to test the use of Sweden's CBDC "e-krona", results will be published in a report by the first quarter of 2023.

Renewable energy sources in BTC mining fell to 28.48% in 2021 from over 40% in 2020, causing greenhouse gas emissions to increase by 63%.

The ATOM team announced the reveal of the ATOM 2.0 update to take place on Sept. 26, Cosmos' connection to other chains via Komodo's AtomicDEX integration and much more in this edition of CryptoSlate Wrapped Daily.

A new blog post by former IMF official tracked the history of offline CBDCs and why he thinks they should used worldwide to promote financial inclusion.

Chinese authorities also busted a money laundering operation in Fujian where criminals used the digital yuan to launder 200 million RMB.