Hello, ApolloXplorer!Have you seen today’s key headlines yet?<h2 id="header-0">#1. DC price triples in 7 days</h2>Dogechain token (DC), a Polygon Edge-based smart contract system for meme token dogecoin, more than tripled in price in the last seven days.DC climbed as high as $0.0018 on Sunday, a level not reached since its all-time high in end-August.The Dogechain community is now voting on a “great burn” proposal to reduce DC’s total supply.Source: <a href="https://www.coindesk.com/markets/2022/10/24/dogechain-token-price-triples-in-seven-days/" rel="noopener noreferrer nofollow">CoinDesk</a><h2 id="header-1">#2. NEAR’s USN stablecoin will shut down</h2>NEAR Protocol’s USN stablecoin will shut down after it began to exhibit risky characteristics similar to Terra’s UST.USN recently became undercollateralized and the NEAR Foundation has decided to shut down the token.Meanwhile, the NEAR Foundation said it was using $40 million to fund a “USN Protection Programme” to protect investors.Source: <a href="https://decrypt.co/112771/near-protocol-to-wind-down-its-terra-like-stablecoin" rel="noopener noreferrer nofollow">Decrypt</a><h2 id="header-2">#3. MakerDAO votes to overhaul protocol</h2>MakerDAO community members voted to move forward with founder Rune Christensen’s plan to break up the protocol into smaller, allegedly more decentralized units called MetaDAOs.The plan also includes the approval of proposals from institutional investors over plans for how to allocate $2 billion of digital assets in the protocol’s treasury, and a plan to accumulate stETH.In approving the measures, community members overruled opposition from key investor and venture capital firm a16z.Source: <a href="https://www.coindesk.com/markets/2022/10/24/makerdao-members-support-founders-endgame-plan-to-break-up-into-metadaos-21b-of-transfers/" rel="noopener noreferrer nofollow">CoinDesk</a><h2 id="header-3">#4. OlympusDAO hacker returns all stolen funds</h2>OlympusDAO has recovered all of its stolen funds after it negotiated a deal with the hacker.The hacker had exploited a smart contract related to the project&#39;s bond features.At least $718 million in total has been stolen in hacks and exploits this month, according to Chainalysis data.Source: <a href="https://cryptobriefing.com/olympusdao-hacker-returns-300k-hours-after-attack/" rel="noopener noreferrer nofollow">Crypto Briefing</a><h2 id="header-4">#5. Apple publishes NFT rules</h2>Apple has published App Store guidelines that would lump in-app NFT purchases into its standard 30% commission rate on all purchases.Apps won&#39;t be allowed to include “buttons, external links, or other calls to action” which could give users an alternative purchase method.This comes despite the company facing criticism for applying its 30% commission on NFT sales conducted through NFT marketplace apps such as OpenSea or Magic Eden.Source: <a href="https://cointelegraph.com/news/new-apple-rules-double-down-on-30-nft-tax-and-geo-limits-exchanges" rel="noopener noreferrer nofollow">Cointelegraph</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: USN stablecoin will shut down, Dogechain token price rallies

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