US Fed hikes interest rates, Bitcoin plunges below $36K, and Argentina’s central bank says …

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week.

On Wednesday, the United States Federal Open Market Committee voted to raise interest rates by 0.5%, marking its biggest upward adjustment in over two decades.

Coinbase took an important step toward bridging the mainstream world and the crypto world by using Bitcoin as collateral for a loan with Goldman Sachs.

In April 2022, Tesla CEO Elon Musk unveiled his intent to purchase Twitter, pending certain approvals, for $44 billion.

The additional personnel will almost double the current size of the unit in terms of staff.

u/Divinux, recently posted a warning on the social media site explaining that a mobile phone’s predictive text can potentially guess the owner’s crypto seed phrase if the phrase has been entered on the device.

Crypto-related theft via hacks and other malicious activity in 2022 has already eclipsed the two prior years combined, according to data from blockchain security firm CertiK.

That being said, context is everything.

In Argentina, financial institutions are barred from providing crypto trading to customers, as per a ruling from the Central Bank of Argentina, or BCRA.

Through long-form features, thoughtful analysis, and a little humor and satire, we illustrate how the implementation of this technology is affecting the lives of countless people — today, right now, not at some distant point in the future.

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