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Ari10 Express - a press release about the cryptocurrency market.

This week we have seen declines in cryptocurrency valuations. However, are they right? We will answer this question in the first section of this summary.

Are We Facing a War in the Middle East?

Bitcoin's price started to decline in early October, either due to a natural correction after earlier gains or as a response to events in the Middle East. Iran launched a missile attack on Israel, once again sparking tensions in this region of the world, much like in April.

However, should we be concerned that this conflict will escalate into World War III? Many signs suggest not. U.S. President Joe Biden has already announced that he opposes Tel Aviv responding to Tehran's attack with a counterstrike. The Americans will likely, at least this time, help calm the situation, which should also encourage investors to return to the market.

Source: Onet

CZ Released from Prison

Changpeng Zhao (CZ), the former CEO of Binance, was released on September 27, two days earlier than initially planned. This was made possible by a regulation allowing a prisoner to leave early if their release date falls on a public holiday.

It remains unclear whether CZ will fully return to the cryptocurrency market or focus on the charitable work he had previously initiated.

Source: X 

Lamborghini Partners with Animoca Brands

Lamborghini is beginning a partnership with Animoca Brands to bring its cars into the Web3 world. Users will be able totrade and race digital Lamborghini vehicles in blockchain games such as Torque Drift 2 and REVV Racing. This will be possible through the Fast ForWorld platform, with the project set to launch in early November.

Source: lamborghini.com

Polish Bank Tokenizes Artworks

Polish bank Pekao is starting a collaboration with Aleph Zero, aiming to tokenize Polish artworks, including works by Jan Matejko, Stanisław Wyspiański, and Wojciech Kossak.

As part of the ARCHIV3 project, these masterpieces will be scanned, and NFTs will be minted. All of this will be archived for future generations at the Arctic World Archive (AWA), the so-called "Doomsday Library." This famous vault in Norway already houses numerous achievements of our civilization, including manuscripts from the Vatican Library, UNESCO documents, and even GitHub source code. Polish items in the archive include collections of poetry by Wisława Szymborska and books by Olga Tokarczuk.

 
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