Hello, ApolloXplorer!Have you seen today’s key headlines yet?<h2 id="header-0">#1. BSC halted after $100M exploit</h2>Binance Smart Chain has temporarily paused after a &#34;potential exploit&#34;.BNB Chain estimated $100 to $110 million in assets were moved off chain but said in a tweet that $7 million was already frozen.BSC confirmed that it coordinated a shutdown of the chain after spotting issues with the BSC Token Hub protocol.Source: <a href="https://www.coindesk.com/business/2022/10/06/binance-linked-bnb-price-falls-close-to-4-on-hack-rumors/" rel="noopener noreferrer nofollow">CoinDesk</a><h2 id="header-1">#2. Lido’s stETH expands to Optimism and Arbitrum</h2>Lido, the leading liquid staking system on Ethereum, said it will support wrapped stETH (wstETH) on layer 2 networks Arbitrum and Optimism.Arbitrum and Optimism are optimistic roll ups that allow for lower fees and faster speeds.stETH has become an extremely popular asset in Ethereum’s budding DeFi ecosystem. Currently, Lido holds around 29% of all stETH.Source: <a href="https://www.coindesk.com/tech/2022/10/06/lidos-steth-token-expands-to-layer-2-networks-optimism-and-arbitrum/" rel="noopener noreferrer nofollow">CoinDesk</a><h2 id="header-2">#3. MakerDAO reallocates $500M</h2>MakerDAO is reallocating $500 million of Dai collateral reserves.80% of the $500 million will be invested in short-term U.S. Treasuries. 20% will go into investment grade corporate bonds.This is part of MakerDAO’s plan to diversify the holdings currently collateralizing DAI, and provide the protocol low risk additional yield.Source: <a href="https://cointelegraph.com/news/makerdao-goes-ahead-with-500m-investment-in-treasuries-and-bonds" rel="noopener noreferrer nofollow">Cointelegraph</a><h2 id="header-3">#4. SUSHI jumps 14% after GoldenTree stake reveal</h2>Global asset management firm GoldenTree has revealed a $5.3 million token stake in SushiSwap DEX.The SUSHI token soared 13% after the news.GoldenTree said it plans to focus on helping SushiSwap work on its tokenomics and general strategy, among other objectives.Source: <a href="https://decrypt.co/111365/sushi-jumps-asset-manager-goldentree-reveals-5-3m-stake-sushiswap" rel="noopener noreferrer nofollow">Decrypt</a><h2 id="header-4">#5. Europe bans all crypto wallet services to Russia</h2>A blanket ban by the EU has been placed on all crypto services to Russian entities as part of new sanctions.The original limit had allowed such services to continue servicing Russian wallets holding €10,000 or less.The package also includes services like IT consultancy, legal advisory, architecture, and engineering services, which the EU claims Russia is highly dependent on imports for.Source: <a href="https://decrypt.co/111389/europe-bans-all-crypto-wallet-services-russia-new-sanctions-package" 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> | <a href="https://coinmarketcap.com/community/profile/ApolloX" rel="noopener noreferrer nofollow">CMC</a>

Crypto News of the Day: BSC halts after $100M exploit, Lido’s stETH expands to Optimism and Arbitrum

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