At Cointelegraph’s CONNECT event in Singapore, panelists discussed opportunities in tokenized markets, the future of daily stablecoin payments, and the evolving landscape for crypto investors.

Patrick Witt has stepped down from his role as the White House’s top crypto advisor.

Bitcoin fell below $82,000 due to the impact of $771 million in crypto liquidations over the past 24 hours.

A trader made $1.28 million on Hyperliquid by moving ETH prices with 1,000x leverage, but the same wallet later lost $450,000 from the liquidation of 30 short positions.

A user in Europe reported purchasing a modified Ledger from a major retailer; additionally, security researchers found a "$94 billion" XRP error using AI but received only a $250,000 reward.

Despite ongoing bans in China, P2P stablecoin usage increased by 43%, and South Korea’s $45 billion crypto economy became the largest in East Asia.

On Friday, October 9, the AK Party submitted to Parliament a fund regulation covering 455,578 investors, aiming to legally permit interim payments of up to one million liras to investors.

Orca and Loopscale have united under the name Formation to fund projects in AI, energy, robotics, and defense.

President Erdoğan stated at TEKNOFEST that Turkey’s future is in capable hands, also addressing the Soma mining accident, wishing urgent recovery for the miners undergoing treatment, and confirming that investigations into the nine individuals taken into custody are ongoing.

Anchorage Digital, a $4.2 billion crypto bank, has decided to reduce its workforce by 17%.