Hello, ApolloXplorer!Have you seen today’s key headlines yet?<h2 id="header-0">#1. dYdX ends promo requiring facial recognition</h2>Decentralized crypto derivatives exchange dYdX says it has ended its $25 first deposit bonus promo, citing “overwhelming demand”.dYdX had garnered a wave of backlash over its facial recognition requirements via webcam for new users.Some believe the cancellation was a result of the backlash. Others expressed concerns about using such tools in the first place.Source: <a href="https://cointelegraph.com/news/dydx-ends-contentious-promo-claiming-overwhelming-demand" rel="noopener noreferrer nofollow">Cointelegraph</a><h2 id="header-1">#2. Kyber Network discloses exploit</h2>DeFi platform Kyber Network discovered a vulnerability to its website code that allowed exploiters to steal approximately $265k.Two “whale” addresses were impacted and Kyber plans to reimburse the losses.Kyber said attackers inserted a “false approval, allowing a hacker to transfer a user’s funds to his address”.Source: <a href="https://www.coindesk.com/tech/2022/09/01/defi-platform-kyber-network-discloses-265k-exploit-vows-to-reimburse-all-funds/" rel="noopener noreferrer nofollow">CoinDesk</a><h2 id="header-2">#3. Mt. Gox repayment coming in &#39;due course&#39;</h2>Mt. Gox, a popular Bitcoin exchange that was forced to shutdown eight years ago, has announced it will start repaying former users in &#34;due course.&#34;Former Mt. Gox customers have until September 15 to make or transfer a claim.All creditors will receive a &#34;base payment&#34; and they can choose to get the remainder of their funds through an early lump sum payment or receive it later.Source: <a href="https://decrypt.co/108765/mt-gox-repayment-bitcoin-dump-spooks-market" rel="noopener noreferrer nofollow">Decrypt</a><h2 id="header-3">#4. Arbitrum completes Nitro upgrade</h2>Arbitrum has completed its Nitro upgrade.Nitro will increase transaction throughput, reduce fees, and provide a better user experience for developers building applications.The network will likely restart its Arbitrum Odyssey Campaign, which was halted in June. Odyssey experienced increased transaction volumes, causing gas fees to spike higher than on Ethereum mainnet.Source: <a href="https://cryptobriefing.com/ethereum-layer-2-arbitrum-completes-nitro-upgrade/" rel="noopener noreferrer nofollow">Crypto Briefing</a><h2 id="header-4">#5. Cameo hosts first Bored Ape NFT</h2>Bored Ape #9132’s account is now live on Cameo, the platform where fans pay celebrities and influencers for short, custom videos.The 3D Bored Ape #9132 makes three-minute videos dispensing advice and offering other insight to buyers.The man behind the Ape is Adam Draper, a venture capitalist at Boost VC and early Coinbase investor.Source: <a href="https://decrypt.co/108807/you-can-now-get-advice-from-a-bored-ape-nft-on-cameo" rel="noopener noreferrer nofollow">Decrypt</a>--The ApolloX app is available on Apple Store or Google Play <a href="https://apollox.onelink.me/rf4R/newscryptowndl" rel="noopener noreferrer nofollow">here</a>.Stay up to date with ApolloX!<a href="https://t.me/apollox_com" rel="noopener noreferrer nofollow">Telegram</a> |<a href="https://twitter.com/ApolloX_com" rel="noopener noreferrer nofollow"> Twitter</a> |<a href="https://www.facebook.com/ApolloXcom" rel="noopener noreferrer nofollow"> Facebook</a> |<a href="https://www.instagram.com/apollox_com/" rel="noopener noreferrer nofollow"> Instagram</a> | <a href="https://apollox.link/blog-discord" rel="noopener noreferrer nofollow">Discord</a> | <a href="https://apollox.link/blog-APXNewsStation" rel="noopener noreferrer nofollow">ApolloX News Station</a>

Crypto News of the Day: dYdX ends promo requiring webcam verification, Kyber Network suffers exploit

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