✅ Despite the positive markets from the expectation of the second bailout package, the S&P 500 index fell 17 points this week. But bitcoin has grown in price, but by only $ 78 🤨 Weekly digest: 🔸 China has conducted a pilot distribution (https://www.asiaone.com/money/shenzhens-2m-digital-currency-lottery-attracts-2-million-hopefuls) of digital yuan among the population in Shenzhen, there were almost 2 million people willing 🔸 The IMF improved its forecast for the fall of the global economy in 2020 from 5.2% to 4.4%. Growth of 5.2% is promised next year 🔸 Investment company Stone Ridge with assets worth $ 13.4 billion acquired (https://www.prnewswire.com/news-releases/nydig-raises-50m-in-growth-equity-funding-nydig-parent-stone-ridge-holdings -group-announces-more-than-100m-in-bitcoin-as-primary-treasury-reserve-asset-301151162.html) 10,000 BTC 👍 🔸 Banks: JPMorgan made profit (https://www.reuters.com/article/us-jpmorgan-results/jpmorgan-beats-profit-estimates-as-trading-booms-idUSKBN26Y1FI) above forecasts thanks to earned $ 6.6 billion in trading and Citigroup lost 34% of quarterly profit due to zero rates 🔸 Banks: Goldman Sachs doubled its quarterly net profit to $ 3.62 billion, while Bank of America and Wells Fargo reported a decrease in profits by 14.5% and 57%, respectively 🔸 The Central Bank of the Russian Federation issued a report on the feasibility of creating a digital ruble, which will become the third form of money along with cash and non-cash funds 🔸 IMF Head Kristalina Georgieva appreciated (https://www.imf.org/en/News/Articles/2020/10/14/sp101420-we-must-take-the-right-actions-nowhttps://www.imf .org / en / News / Articles / 2020/10/14 / sp101420-we-must-take-the-right-actions-now) global production losses due to coronavirus in $ 28 trillion 🔸 In the III quarter of 2020, the Grayscale crypto fund attracted (https://grayscale.co/insights/grayscale-q3-2020-digital-asset-investment-report/) a record $ 1.05 billion 🔸 Crypto exchange OKEx has suspended (https://www.okex.com/support/hc/en-us/articles/360051090391) withdrawal of funds due to the inability to contact one of the private key holders 🔸Brexit: UK announced the actual completion of negotiations on a trade deal with the EU, because their opponents do not want to change their position 😡 🔸 Bloomberg: 2,000 Robinhood trading platform user accounts were hacked (https://www.bloomberg.com/news/articles/2020-10-15/robinhood-estimates-hackers-infiltrated-almost-2-000-accounts) by hackers Courses: 📉 S&P 500 - 3,483 (↑ 0.01%) 🌐 Bitcoin - $ 11 443 (↑ 3.50%) 🌕 Gold - $ 1,902 (↓ 0.31%) ⚫️ Oil Brent - $ 42.81 (↓ 0.81%)

⁠Chasing the hottest trends in crypto, the EU works to rein in stablecoins and DeFi The proposed EU crypto market regulation will raise many compliance obstacles for the next Libra-like project seeking to operate in Europe. https://ct.com/91d7

📌 #BTCUSDT Market update: https://www.tradingview.com/chart/BTCUSD/BtX07Eny-Bitcoin-what-next-after-major-breakout/

⁠Former patrons can't drown sorrows as first-ever bar to accept Bitcoin closes A legendary Berlin-based watering hole and Bitcoin hub closes down https://ct.com/91d5

Aztec presented a new solution to improve the privacy and scalability of Ethereum Developers from startup Aztec today unveiled a platform for scaling Ethereum using zero-knowledge proof technology. They have previously used similar cryptographic techniques to increase the anonymity of the second largest cryptocurrency. Aztec 2.0 builds on the increasingly popular ZK roll-up technology. It uses zero-knowledge proofs like zkSNARK to roll multiple transactions into one, committing to the main blockchain, which can increase throughput to 300 transactions per second. Aztec claims that their design is superior to other similar solutions because it is able to provide "programmable privacy". The PLONK standard they created allows you to organize a two-tier system for processing transactions. Initially, using zkSNARK, the data of the sender, recipient, as well as the volume of transactions are hidden, which makes them private. These transactions are then grouped together, again with zkSNARK. The startup describes the end result as “zkSNARK inside zkSNARK”. The advantages of this method, according to the developers, may be of interest to users of DeFi services. Older systems based on the same principles, such as Zcash, are programmed to do the same operation many times. Each new application scenario requires a trusted installation ceremony, but with PLONK this can be avoided. Aztec also presented a new scripting language Noir, with which developers will be able to write zkSNARK transactions for the second version of the platform. Aztec is launching a private testnet for sending Dai and other ERC20 tokens this week, with a mainnet release scheduled for November.

OKEx has stopped withdrawing all cryptocurrencies amid arrest of founder Cryptocurrency exchange OKEx this morning indefinitely suspended the withdrawal of all assets. As an explanation, she referred to the “unavailability” of one of the key holders and his “ongoing cooperation with the public security bureau in the investigation”. According to OKEx CEO Jay Hao, the reason for the investigation was a "personal question" of the key holder. As the company explains, in his absence, it is impossible to authorize the withdrawal of cryptocurrency from exchange wallets. “Other OKEx features are available as usual and the security of your assets on OKEx will not be affected,” the company said. "We will resume the withdrawal of cryptocurrencies as soon as the mentioned private key holder is able to authorize the transaction." According to CoinGecko, OKEx is currently the second largest cryptocurrency exchange in terms of trading volume in the spot and derivatives markets. Within 30 minutes of its announcement, the bitcoin price dropped 3%, but has since recovered partially. According to Red Lee, co-founder of Chinese crypto-news portal 8btc, at the same time there were "rumors" that "over 800 accounts on a" certain "exchange were involved in cross-border money laundering operations. UPD: Local news agency Caixin, citing sources, writes that the detained employee of the exchange is its founder, Mingxing Xu, better known as Star Xu. The reasons were not specified. This information is also indirectly confirmed by the comments of Binance CEO Changpeng Zhao. He wrote that the storage system on Binance is designed in such a way that it is not "dependent on CZ", thus drawing a parallel with OKEx problems. Other market participants report that the identity of the detainee was known to those close to him even before its public disclosure in the media.

Binance Futures will launch RSR/USDT and LRC/USDT perpetual contracts with trading opening at 2020/10/19 7:00 AM (UTC). Users will be able to select between 1-50x leverage on either contract. https://www.binance.com/en/support/announcement/78225be683864b8f97e5473ca2483018

⁠95% of winners in China’s CBDC lottery spent digital yuan prizes Some winners purchased additional digital yuan during the pilot. https://ct.com/91e9

The Ticket Claim period for Injective Protocol lottery on Binance Launchpad starts in less than 2 hours. https://launchpad.binance.com/en/lottery/d240049b2e1d42e1a4df39d0e6567e6f

⁠Binance Jersey shuts operations less than two years after launch All accounts on Binance Jersey will be inaccessible as of Nov. 30. https://ct.com/91ej

⁠Swiss gov’t starts consultation process for blockchain laws The Swiss government will enforce new blockchain laws in less than a year. https://ct.com/91er

⁠Better to get it right than to be first with CBDC, says US Fed chair The U.S. already has a “safe and active dynamic domestic payment system,” Powell argued. https://ct.com/91fn

⁠Vinnik trial for extortion and Bitcoin money laundering begins in Paris The Russian national linked to the laundering of $4 billion of Bitcoin stolen during the Mt. Gox hack is finally in court. https://ct.com/91fj

⁠Payments-focused cryptocurrency Dash now has a bridge to DeFi A StakeHound collaboration allows Dash holders to earn masternode staking rewards and access DeFi services at the same time. https://ct.com/91f6

⁠Latvian regulators warn public about cryptocurrency fraud Crypto remains under-regulated, so Latvian investors need to be extra vigilant, says the FCMC. https://ct.com/91ep

⁠Japanese payments firm JCB and Mizuho Bank test blockchain-based ID Fujitsu has been working on blockchain-based digital identity tools since 2019. https://ct.com/91f3

TrustWallet now supports Elrond's eGold. https://elrond.com/blog/egold-available-on-trustwallet/

Crypto exchange OKEx confirms moratorium on withdrawal of funds The administration of the OKEx cryptocurrency exchange has confirmed that on the morning of Friday, October 16, a moratorium on withdrawals was established. The trading platform's blog did not specify how long traders will not be able to withdraw their assets. However, they said that the decision was made due to the unavailability of one of the key holders. Allegedly, this user is collaborating on an important investigation with the Public Security Bureau. The investigation may be related to the legalization of criminal proceeds, suggested journalist Colin Wu. OKEx CEO Jay Hao did not disclose the user's data, but stressed that due to the absence of this entity, it is impossible to adhere to the mode of withdrawing funds from exchange addresses. At the same time, the head of the trading platform emphasized that all other options are available to traders as usual. As soon as the missing user logs in, we will immediately resume the withdrawal of funds, added the CEO of the exchange. Note that OKEx is included in the list of the largest cryptocurrency platforms. In the first half of 2020, she topped the ranking of exchanges for the largest bitcoin transactions.

The five largest Filecoin miners turned off their machines to protest the project’s “unfair” economic model that requires a significant amount of FIL tokens to start mining operations. Since the start of trading on October 15, FIL has dropped from more than $200 to $32. https://www.coindesk.com/filecoin-miners-go-on-strike-one-day-after-mainnet-launch-prompting-early-reward-release

https://coindesk.com/filecoin-miners-go-on-strike-one-day-after-mainnet-launch-prompting-early-reward-release ⚠️ Warning: Many users reported this account as a scam. Please be careful, especially if it asks you for money.