| ๐ 30 Second Cryptocurrency Price Summary | Current Bitcoin Price:ย $19,601 | Bitcoin price has failed to hold $20,000 once again, as prices slip 2% to $19,600 to begin Friday. | Top-20 altcoins have mostly seen small losses over the last 24 hours, as Ethereum falls 2%, BNB drops 4% following a hack and XRP rises 1%. | Top Stories for October 7, 2022 ๐ฅ | | Mt. Gox trustee Nobuaki Kobayashi has given creditors until January 10 to register and select a repayment method for funds recovered for the defunct exchange. | Creditors will need to fill out an online rehabilitation claim form and choose to be reimbursed via bank remittance, fund transfer service provider, or a cryptocurrency exchange or custodian. | The Mt. Gox exchange collapsed in 2014, after insolvency issues. It was the largest cryptocurrency exchange at the time. | | BNB Chain is back up and running after being halted by validators yesterday, in response to a hack of more than half a billion dollars worth of BNB from the platform's cross-chain bridge. | The team says that it will use on-chain governance to decide what to do with the hacked funds โ including options to freeze the funds or to "auto-burn" the tokens. There will also be a vote for bounties on catching hackers. | | The Reserve Bank of India (RBI) has published a 50-page "concept note" on the potential introduction of a central bank digital currency (CBDC), written by the RBI's Fintech Department. | The central bank says that it will begin a pilot for its CBDC soon, applying to specific use cases. Finance minister Nirmala Sitharaman has also announced that a digital rupee would be issued in 2022 or 2023. |
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