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Here’s Are The Top Stories Of The Week, Ranging From BNB Chain Updates To Elon Musk’s Twitter Deal

Image Source: Koshiro K / Shutterstock

**Top Stories of the Week**

1. **Musk’s Twitter Deal**

Elon Musk is moving forward with his plan to buy Twitter for $44 billion after initially expressing concerns about the platform’s financial transparency and prevalence of fake accounts.

2. **EU Bans Cross-Border Payments from Russian Crypto Accounts**

As tensions rise in the Ukraine-Russia conflict, the European Union has imposed a ban on crypto transactions between its members and Russia, regardless of the transaction size.

3. **SWIFT’s Breakthrough with CBDC Experiments**

SWIFT has successfully tested interoperability between central bank digital currencies (CBDCs), allowing global connectivity for these digital assets.

4. **Fastest-Growing Crypto Markets in the MENA Region**

The Middle East and North Africa region experienced significant crypto growth, with transaction volumes reaching $566 billion, marking a 48% increase from the previous year.

5. **FTX and Visa Partner for Crypto Payments**

Crypto exchange FTX has collaborated with Visa to introduce a feeless debit card, fulfilling a long-term goal of FTX CEO Sam Bankman-Fried, available in 40 countries.

**Winners and Losers**

Bitcoin is priced at $19,604, Ether at $1,336, and XRP at $0.49. Casper (CSPR) led as the top gainer, while UNUS SED LEO (LEO) experienced the most significant loss.

**Memorable Quotations**

Various industry leaders reflect on topics like bankruptcy, NFTs, digital art ownership, financial goods on blockchain, and understanding the impact of Bitcoin and Ethereum in the future.

**Prediction of the Week**

Potential shifts in the stock market could present opportunities for profitable outcomes for Bitcoin traders amidst ongoing price fluctuations and market uncertainties.

**FUD of the Week**

Kim Kardashian faces penalties from the SEC for promoting EthereumMax without disclosing sponsorship, while BNB Chain was briefly suspended due to a cross-chain exploit.

**South Korean Terra Incident**

A judge in South Korea dismissed an arrest warrant for an individual linked to the Terra project collapse, amid ongoing regulatory investigations.

**Best Cointelegraph Features**

Insights from experts on the crypto market’s resilience, the evolving NFT space, and upcoming regulatory decisions impacting Ethereum globally.

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