Episode 500
📍 US lawmakers are gearing up for key crypto hearings on Capitol Hill, with the Senate Committee on Banking and the House Financial Services Committee set to discuss digital asset issues, including stablecoins and central bank digital currencies.
📍 Bybit, a major cryptocurrency exchange, has made its liquidation data more transparent in a bid to lure institutional investors, providing real-time updates every 500 milliseconds, twice as fast as before, to help traders identify market trends and potential volatility spikes.
📍 Crypto markets have taken a hit amid inflation fears and the fallout from a $1.4 billion hack on Bybit, with top digital assets like Bitcoin, Ethereum, and XRP sinking, and the entire crypto market dropping by over 3% in the past day, with futures traders also getting hit hard.
📍 Costa Rica's largest commercial bank, Banco Nacional, is launching a spot bitcoin exchange-traded fund, marking the country's first foray into crypto and providing Costa Ricans with access to a crypto investment product through the country's banking system for the first time.
