Indonesian crypto exchange Indodax goes offline after suspected $22M hack
The breach compromised hot wallets on Indodax, resulting in the loss of Bitcoin, Ether, Tron, Polygon, and Optimism. Indodax has temporarily suspended operations....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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. ...
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