🌙 All Roads Lead to Inflation

The U.S. government's debt and deficit issues aren't going anywhere no matter who wins the presidency next month, said Paul Tudor Jones.

Author

Mike Gavela
October 22, 2024

Crypto Roundup - October 22

Hedge fund titan Paul Tudor Jones emphasized that inflation is an inevitable outcome, prompting him to hold long positions in Bitcoin and gold as hedges. Meanwhile, MakerDAO founder Rune Christensen hinted that the protocol's recent restructuring may be reversed, indicating potential changes ahead for the DeFi platform. Additionally, Buenos Aires is making strides in privacy tech by integrating zero-knowledge proofs into its city app to enhance residents' privacy while interacting with government services.

Top Stories

  • Paul Tudor Jones predicts inflation is inevitable, holding long positions in Bitcoin and gold.

  • Rune Christensen hints at reversing MakerDAO’s recent restructuring, signaling potential changes.

  • Buenos Aires integrates zero-knowledge proofs into its city app to boost resident privacy.

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TOP STORIES

Paul Tudor Jones: 'All Roads Lead to Inflation;' He's Long Bitcoin and Gold

The U.S. government's debt and deficit issues aren't going anywhere no matter who wins the presidency next month, said Jones.

www.coindesk.com/markets/2024/10/22/paul-tudor-jones-all-roads-lead-to-inflation-hes-long-bitcoin-and-gold

Rune Christensen hints Maker’s makeover may be reversed after community pans new name

Rune Christensen has three options for moving ahead with the $6 billion DeFi protocol.

www.dlnews.com/articles/defi/rune-christensen-hints-makers-makeover-will-be-reversed

Buenos Aires Adds ZK Proofs to City App in Bid to Boost Residents' Privacy

The crypto-adjacent tech is meant to give the Argentine capital's 3.6 million residents greater control over their personal data.

www.coindesk.com/tech/2024/10/22/buenos-aires-adds-zk-proofs-to-city-app-in-bid-to-boost-residents-privacy

FUNDRAISING

karpatkey Closes $7 Million Funding Round

karpatkey secures $7M in funding to expand its DAO treasury management solutions and reach traditional financial institutions, supported by top investors like Joe Lubin and Stani Kulechov.

mirror.xyz/karpatkey.eth/DimgjztOzZ-U-KQOKD1lu3DPPvKqS6PaeQDUxmIZxW0

OTHER HEADLINES

Scroll Airdrop Farmers Gripe Over Ethereum Layer-2 Token Launch - Decrypt

Ethereum layer-2 network Scroll just launched its token—but like the recent Hamster Kombat airdrop, some recipients aren't happy.

decrypt.co/287793/scroll-airdrop-farmers-gripe-ethereum-token-launch

Elon Musk's Tesla Moved $776 Million in Bitcoin, But Is Still in Control of Wallets: Arkham - Decrypt

Electric car company Tesla moved its stash of Bitcoin last week, but data firm Arkham believes that Elon Musk's company is still holding.

decrypt.co/287790/elon-musk-tesla-moved-bitcoin-still-control

Anthropic Unleashes New Claude 3.5 Sonnet: A Model Smart Enough to Take Over Your Computer - Decrypt

The AI powerhouse Anthropic just dropped major updates to its models, including a feature that lets its AI physically control computers.

decrypt.co/287767/anthropic-unleashes-claude-3-5-sonnet-smart-enough-take-over-computer

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