The Daily Leo #122 - S&P to rally, Twitter Verification for a price, CBDC linked with ID, and more!

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Welcome to the Monday edition of The Daily Leo!

💰 Last day of Uptober, what will the next month mean for the S&P?

☑️ Elon Musk has managed to be the talk of the town, especially since he flew in the Twitter offices with the sink .. Now he's got the whole world wondering if we should pay to maintain a verified profile or not. Do you believe he'll proceed?

🇭🇰 On the crypto news, Hong Kong is opening its tech conference doors to Virtual Assets!
⬜White Hat Hacker returns funds and keeps a nice amount as a bounty
🎃Halloween coins are today's hype. Would you buy?
❔❔Which country stated that they will be accelerating their CBDC plans (which btw will be linked to the citizen's identity system?)

👇 Scroll and be in the know!



Indicators suggest Fed pivot sooner rather than later & Strategist sees S&P 500 rallying to 4,150 points, a 6% advance

The end of the Federal Reserve’s campaign to raise interest rates is approaching, according to Morgan Stanley strategist Michael Wilson, who until recently was a prominent stock market bear who correctly predicted this year’s slump in equities. Indicators including the inversion of the yield curve between ...


Want that blue Twitter checkmark? Elon Musk may force you to pay up

One of Elon Musk’s first projects as owner of Twitter Inc. will be to turn Twitter Blue, the social network’s $4.99-a-month subscription plan, into a $19.99-a-month plan that exclusively verifies users, according to a report Sunday by The Verge According to the Verge report, Twitter users who are currently verified would have ...



‘Hong Kong Govt. Reconsiders Stance on Virtual Asset ETFs, Tokenised Securities, and Retail Investors

Hong Kong’s Financial Services and Treasury Bureau issued a policy statement on virtual assets at the opening of the city's flagship tech conference Hong Kong FinTech Week on Monday.
Hong Kong is “ready to engage” with ...


Another White Hat Hacker Returns Funds From Platform Exploit

A white hat hacker has returned over $7 million from the $14.5 million that was stolen in the Team Finance attack. A majority of the funds are being transferred to the affected projects.

The hacker behind the Team Finance exploit is returning funds to projects, keeping 10% as a bounty. The attack took place in late Oct., with the hacker making away with ...


Boo! Halloween-themed shitcoins materialize to haunt crypto Twitter

Halloween-themed cryptocurrencies are taking over the crypto ecosystem on Twitter, typically purchased as an off-the-shelf product providing no real use case or future for investors.

The crypto community never shies away from deploying new cryptocurrencies that are themed on current events, and Halloween was no exception. The industry saw an influx of Halloween-themed cryptocurrencies hoping to cash in ....


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CBDC Tied to Digital IDs, the Latest in Financial Repression

Last week, it was reported that Turkey has become the latest country to accelerate its CBDC rollout. The Turkish central bank plans to deploy its digital Lira sometime in 2023.

However, it will also be linked to the country’s digital identity system as stated in the official report...



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This edition of The Daily Leo was published by @katerinaramm while chilling at the Greek seaside on Leo Finance, read the original article here


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