$200M Mixin Network hack draws controversy
Xiaodong Feng, Mixin’s founder, immediately outlined a compensation plan but would only reimburse up to 50% of users’ assets for now. Go to Source
Cryptocurrencies
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Huobi Global hacked for $7.9M: Report
HTX crypto exchange has been hacked, but it claims to know the identity of the attacker. Go to Source
MicroStrategy buys $147M worth of Bitcoin, now holds 158K BTC
MicroStrategy bought the latest Bitcoin stash at an average price of $27,053 per BTC, or 9% lower than the average purchase price of its entire BTC purchase. Go to Source
Crypto sees outflows for 6th consecutive week, XRP and SOL gain investor confidence
A Coinshares crypto market flow report reveales that traders are showing more confidence in the likes of XRP and Solana. Go to Source
Arbitrum DAO takes $56M of unclaimed ARB as airdrop deadline ends
The amount of unclaimed Arbitrum (ARB) tokens accounts for 0.69% of ARB’s total supply of 10 billion. Go to Source
DeFi activity on the decline, but investment rolls in: Finance Redefined
The total value locked in DeFi plunged by nearly $5 billion in the past week, falling to $44 billion, according to DappRadar data. Go to Source
Crypto investment firm CoinShares opens hedge fund division for US investors
CoinShares’ subsidiary and broker-dealer registered with the U.S. FINRA will be conducting marketing activities for the new hedge fund division in the United States. Go to Source
Core Scientific cracks $77M Bitmain deal for 27K Bitcoin mining rigs
The deal was first finalized in August with Anchorage as another party agreeing to equity stake in the bankrupt crypto miner. Go to Source
Uniswap launches educational platform with DoDAO
The Uniswap University is similar to learning academies created by centralized exchanges such as Binance, Bitget, and Bybit. Go to Source
UK FCA gives unregistered crypto firms ‘final warning’ on ads regime compliance
The financial regulator expressed its frustration at the lack of engagement from crypto firms in a strongly worded letter. Go to Source