What Happened in Crypto Today? [Oct. 9]
Crypto News

What Happened in Crypto Today? [Oct. 9]

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Created 1yr ago, last updated 1yr ago

From ETH price drop to hacker returning stolen ETH to HTX, here is a quick overview of everything important that happened in crypto today.

What Happened in Crypto Today? [Oct. 9]

Table of Contents

Co-author: Davier M

Hello, you gorgeous galaxy brains! Buckle up because we've got some juicy AF crypto news dropping today.

But before we plunge into the nitty gritty, here's a quick lowdown on the big crypto stories:

Alright, let's unpack all the details on these wild crypto stories! Keep reading for the full scoop!

Huobi, KuCoin, Bybit and BitMex Among Crypto Firms in UK FCA's Warning List

Uh oh, somebody's in trouble! The UK's financial watchdog is waving its regulatory stick at major crypto exchanges, putting them on a public shame list. Apparently, giants like Huobi, KuCoin, Bybit and BitMex lack the proper permission slip to operate in the British crypto playground.

Will they bow to the nanny state? Read the full story here!

Ethereum Foundation Sells Portion of ETH Holdings, Impacting Market

Well, knock us over with a feather - the Ethereum Foundation dumped some ETH and prices just happened to drop right after!

It's almost like these blockchain overlords are pulling market levers right before our eyes. Is this price drop just the tip of the FUD iceberg? Read the full story here!

HTX Recovers $8M in ETH From Hacker

Christmas came early! HTX got an early holiday gift when a hacker grew a conscience and returned $8 million in Ethereum. Faith in humanity restored? Doubtful.

What really motivated this act of "kindness"? Read the full story here!

Avalanche Social Protocol Stars Arena Drained of Nearly $3M

The stars at Stars Arena fell faster than post-SNL Elon Musk's credibility. A "major security breach" allowed hackers to steal over $2 million in AVAX. Was it the result of lousy coding? What exactly went down? Let’s check it out!

Elon Musk Streams Diablo 4 Game as X Continues “Everything App” Plans

To turn X into an everything app, Emperor Musk lounged about playing Diablo 4, and 9 million viewers flocked to watch the livestream—nothing to see here folks, just an out-of-touch billionaire casually livestreaming video games while plotting global domination.

Will crypto eventually find its way into X's array of features? Find the full story here!

Web3 Platform Galxe Hit by $160K Frontend Attack, Same Hackers Behind Balancer

Hey web3 developers, it might be time to learn about this cool new technology called cybersecurity.

Galxe became the latest protocol punked out of 6 figures by hackers exploiting an embarrassingly basic vulnerability. Here are some details behind this astonishing incompetence.

OpenAI’s Sam Altman Praises Bitcoin as a “Logical Step,” Expresses Concerns About CBDCs

OpenAI CEO Sam Altman channeled his inner Bitcoin bro on a recent podcast. Apparently, he's down with the idea of an uncontrollable global currency.

But why does he have reservations about CBDCs? Read the full story here!

And that's a wrap!

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