Hello, ApolloXplorer!Have you seen today’s key headlines yet?<h2 id="header-0">#1. Bitcoin slides after Fed rate hike</h2>The U.S. Federal Reserve raised interest rates by 75 basis points for the third consecutive time this year on Wednesday.The federal funds rate will rise to a range of 3% to 3.25%, the highest since late 2007.Bitcoin fell below $19,000 after the announcement. It was trading above $22,000 just last week.Source: <a href="https://www.coindesk.com/markets/2022/09/21/federal-reserve-hikes-rates-to-highest-since-2007-bitcoin-falls-to-19000/" rel="noopener noreferrer nofollow">CoinDesk</a><h2 id="header-1">#2. Tribe DAO votes to Rari hack victims</h2>The Tribe DAO has voted to repay affected users of the $80 million exploit on DeFi platform Rari Capital's liquidity pools.Tribe DAO consists of Midas Capital, Rari Capital, Fei Protocol and Volt Protocol.Individual users will be paid back in FEI, while DAOs will be paid in DAI. Users would also have to sign a message releasing any liability.Source: <a href="https://cointelegraph.com/news/tribe-dao-votes-in-favor-of-repaying-victims-of-80m-rari-hack" rel="noopener noreferrer nofollow">Cointelegraph</a><h2 id="header-2">#3. Cardano's Vasil hardfork to launch tomorrow</h2>Vasil is expected to bring improvements to make the blockchain more scalable and efficient and lower transaction costs.While the upgrade has suffered from two delays, the project is expected to be on track for tomorrow's launch.The upgrade will take place over five days, with the first round of upgrades scheduled for tomorrow and the second on September 27.Source: <a href="https://cryptobriefing.com/cardanos-vasil-upgrade-launches-tomorrow-heres-what-you-need-to-know/" rel="noopener noreferrer nofollow">Crypto Briefing</a><h2 id="header-3">#4. Hacker saves Abritrum from bug in Nitro upgrade</h2>A white hat hacker discovered a bug within the latest Nitro upgrade for Arbitrum.The bug could have led to a theft of over $530 million.Arbitrum builder OffChain Labs rewarded the hacker, 0xriptide, with a bounty of 400 ETH for sharing the discovery.Source: <a href="https://decrypt.co/110238/hacker-abritrum-ethereum-draining-bug-nitro" rel="noopener noreferrer nofollow">Decrypt</a><h2 id="header-4">#5. Kraken’s CEO to step down</h2>Co-founder of crypto exchange Kraken Jesse Powell will step down as CEO.Kraken’s current chief operating officer, Dave Ripley, will take over as CEO once someone is hired to fill Ripley's position.Powell will become chairman of Kraken's board and will continue working on product development and crypto industry advocacy.Source: <a href="https://www.coindesk.com/business/2022/09/21/krakens-jesse-powell-to-step-down-as-ceo-of-crypto-exchange-report/" rel="noopener noreferrer nofollow">CoinDesk</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> | <a href="https://coinmarketcap.com/community/profile/ApolloX" rel="noopener noreferrer nofollow">CMC</a>

Crypto News of the Day: Cardano Vasil hardfork to launch tomorrow, Kraken CEO steps down

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