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Less than two weeks after Huobi rebranded itself to HTX to boost user adoption, the crypto exchange was targeted by a hacker who siphoned 5000 ETH worth almost $8 million from the platform. Let’s find out more. 

Bitcoin

The third green candle in a row has now propelled bitcoin past its downward trend line, which has been in force since 13 July. 

Ethereum

The signs are looking good for Ethereum, with a break to the upside and a shift in the ETH/BTC pair in favor of the former, as well as a spike in ETH dominance. 

DeFi

The Uniswap Foundation (UF) has submitted a proposal seeking a second round of funding to invest in their vision of powering their vision of the DeFi ecosystem. 

Curve founder Michael Egorov has cleared his debt on Aave by depositing 68 million CRV tokens worth $35 million, settling his entire debt position on the DeFi lending protocol. 

The Jade Protocol is facing calls from a longtime member to liquidate its $31 million token treasury and issue redemptions to all token holders. 

Business

Crypto exchange Binance has advised its Paysafe users to convert their EUR balances into USDT by the end of October as the latter had withdrawn its services from the platform.

The DFINITY Foundation has made a significant move in driving Web3 adoption in Asia with the launch of the
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Author: Amara Khatri

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