Hello, ApolloXplorer!Have you seen today’s key headlines yet?<h2 id="header-0">#1. Terra developers unveil 4-year plan</h2>Terra developers are proposing “Terra Expedition”, a four-year program aimed at growing the Terra ecosystem.There are three main objectives: Incentivizing developers to build on Terra, deepening liquidity on Terra and onboarding users to Terra.The majority of LUNA tokens must be voted in favor of the proposal before it can go into effect. The program will be managed by a community-elected committee that will evaluate the plan every 12 months.Source: <a href="https://www.coindesk.com/markets/2022/10/19/terra-developers-unveil-4-year-plan-to-revive-luna-ecosystem/" rel="noopener noreferrer nofollow">CoinDesk</a><h2 id="header-1">#2. No change to Tesla’s Q3 Bitcoin holdings</h2>Electric car maker Tesla did not sell any of its bitcoin holdings nor purchase any additional bitcoin in the third quarter, the company reported in its latest earnings report.The value of its digital assets remained at $218 million, the same as they were at the end of the second quarter. Tesla had surprised some investors by selling approximately 75% of its total holdings, in order to raise cash.CEO Elon Musk said the sale was made because of “the uncertainty of the COVID lockdowns in China,” but noted that Tesla is open to boosting its bitcoin exposure in the future.Source: <a href="https://www.coindesk.com/business/2022/10/19/tesla-makes-no-changes-to-its-bitcoin-holdings-in-third-quarter/" rel="noopener noreferrer nofollow">CoinDesk</a><h2 id="header-2">#3. Paradigm joins Ooki DAO defense</h2>Web3 venture capital firm Paradigm has filed an amicus curiae, or “friend of the court” brief in the CFTC-Ooki DAO case this week.In its filing, Paradigm decried the move by the CFTC as illegal, misinformed, dangerous, and intentionally designed to go uncontested in court.Paradigm argued that the CFTC’s suit could permanently derail the future adoption of DAOs in America.Source: <a href="https://decrypt.co/112433/paradigm-rushes-to-defend-ooki-dao-in-landmark-cftc-lawsuit" rel="noopener noreferrer nofollow">Decrypt</a><h2 id="header-3">#4. Arbitrum tech lead prevents potential exploit</h2>A cross-chain bridge between BitBTC and the Ethereum layer-2 network Optimism has avoided a potentially costly exploit thanks to L2 network Abirtrum tech lead Lee Bousfield.According to Bousfield, the BitBTC bridge had a bug that would allow an attacker to mint fake tokens on one side of the bridge, and swap them for real ones on the other.Bousfield had published the Tweet publicly as the “team has ignored (his) messages. The bug has since been patched.Source: <a href="https://cointelegraph.com/news/twitter-user-saves-cross-chain-bridge-from-potential-exploit" rel="noopener noreferrer nofollow">Cointelegraph</a><h2 id="header-4">#5. Reddit users open 2.5 million crypto wallets</h2>Reddit’s users have opened over 2.5 million crypto wallets on the platform since Reddit released its NFT marketplace in July.Its NFT marketplace requires users to set up a Reddit Vault Wallet to purchase and store tokens. The wallet allows users to manage community points stored on-chain that can be used for various in-app purchases.Interest in owning Reddit’s CryptoSnoo NFTs is driving adoption. The majority of new users have opened wallets in the past three months.Source: <a href="https://www.coindesk.com/web3/2022/10/19/reddit-users-open-25-million-crypto-wallets-after-launch-of-nft-marketplace/" 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: Reddit users open 2.5M crypto wallets, Terra developers share 4-year plan vision

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