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Indonesian crypto exchange Indodax goes offline after suspected $22M hack

The breach compromised hot wallets on the exchange, resulting in the loss of Bitcoin, Ether, TRX, MATIC and other cryptocurrencies. Indodax has temporarily suspended operations.

Based Rollups pitched as fix to Ethereum incentives amid L2 fee debate

Some commentators note that Based Rollups align incentives between Ethereum layer 2 and its base layer validators, which could result in deflationary issuance again.

Bitcoin shorters ‘likely to get burned’ if CPI prints as expected

An analyst warns that a lower CPI could squeeze Bitcoin short sellers, while a higher-than-expected CPI might lead to a Bitcoin sell-off.

Australian crypto investors ‘sitting on the sidelines’ for clearer laws: Swyftx CEO

Crypto exchange Swyftx estimates anywhere from two to six million Australians could enter the market if regulated.

Atomic Wallet wins dismissal of class suit over $100M hack

A US judge found a Colorado court lacked jurisdiction over the Estonian-based Atomic Wallet, its CEO and a sister software development firm.

US lawmakers divided in first Congressional hearing on DeFi

Pro-crypto Representatives noted the need for a freer financial system, while more skeptical lawmakers blamed DeFi for crime, scams and tax evasion.

Bitcoin miner solves block alone, grabs $180,000 reward

A single Bitcoin miner received the total reward of a Bitcoin block, a rarity due to the hash and power requirements needed to mine the blockchain.

Harris-Trump debate: Trump’s odds to win election fall 3% on Polymarket

Kamala Harris and Donald Trump made no mention of digital assets during their first-ever debate as Trump’s odds of victory plunged on betting markets.

Altcoin market resilience signals ‘potential regime change’ — Analysts

Crypto investors might be shifting their mindset and may not always turn to Bitcoin as a haven during market uncertainty, Bitfinex analysts suggest.

Japan’s Metaplanet up 6% as Bitcoin stack nears 400 BTC

Metaplanet’s stock has jumped 480% since it unveiled its Bitcoin strategy in April, but the firm is down 13% on its investment.

Prediction markets are the killer blockchain app we've been waiting for

As markets continue to evolve and integrate with Web3 — from DeFi to gaming — we're likely to see an explosion of creativity.

Digital Chamber calls for Congress to address SEC actions against NFTs

The CEO of OpenSea reported receiving a Wells notice from the SEC in August, suggesting that the commission could be taking a new regulatory approach to NFTs.

Crypto exchange volumes reflect Bitcoin traders’ ‘reduced trading appetite’ — Glassnode 

Glassnode data highlights a “notable decline in trade activity over the last quarter,” but traders are hopeful that Q4 will bring a sharp trend reversal. 

tZero becomes 2nd FINRA-approved broker-dealer for digital securities

The company is following the steps of Prometheum, which now treats four cryptocurrencies as securities.

BitGo deploys wrapped BTC on Avalanche and BNB Chain

Crypto custodian BitGo is now using LayerZero’s OFT Standard to deploy its WBTC across more than 80 chains. 

Bitcoin price eyes’ last dip’ before October breakout: Analysts

Bitcoin analysts are eying an October breakout, despite the current market slump, partly caused by continuous negative outflows from the US Bitcoin ETFs.

6% want to hear Harris and Trump talk about crypto at debate — Poll

The first and possibly only US presidential debate in 2024 will have the two candidates meeting in person for the first time.

Accenture invests in Emtech to strengthen CBDC, fintech solutions

The deal will see Emtech’s CBDC solutions and its regulatory and compliance sandboxes integrated into Accenture’s offerings.

State Street, Galaxy launch 3 new crypto ETFs

The funds aim to capitalize on Web3 by tracking a mix of stocks, spot cryptocurrencies and futures.

Ethereum Name Service integrated with PayPal, Venmo for crypto transfers

The integration allows Venmo and PayPal users to transfer cryptocurrency using simple ENS names, replacing long wallet addresses.

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