Hello, ApolloXplorer!Have you seen today’s key headlines yet?<h2 id="header-0">#1. Bitcoin Lightning Network on Cash App</h2>Mobile phone payment app Cash App, created by Block Inc, will expand support for transactions via the Bitcoin Lightning Network.Cash App users could pay for invoices via scanning Lightning QR codes. Now, all Cash App transactions involving QR codes will default through Lightning.This new feature has a transaction limit of $999 every seven days and is only available to United States customers, excluding residents of New York state.Source: <a href="https://cointelegraph.com/news/cashapp-adds-support-for-bitcoin-lightning-network" rel="noopener noreferrer nofollow">Cointelegraph</a><h2 id="header-1">#2. BTC and ETH rise</h2>Bitcoin has topped $20,000 for the first time in weeks, while Ethereum rose above $1,500 for the first time since its Merge.Other notable altcoins like SOL, ADA and DOT are up as well.Analysts point to macroeconomic trends for the wave of green, with the stock market also up today as an array of major companies report earnings.Source: <a href="https://decrypt.co/112868/bitcoin-ethereum-price-crypto-market-cap-1-trillion" rel="noopener noreferrer nofollow">Decrypt</a><h2 id="header-2">#3. Compound pauses 4 tokens</h2>Decentralized lending protocol Compound has paused the supply of four tokens on its platform.It aims to protect users against potential attacks involving price manipulation, similar to the recent $117 million exploit of Mango Markets.This is according to a proposal on Compound’s governance forum that was recently passed on October 25 with 99% of all voters in favor.Source: <a href="https://cointelegraph.com/news/after-mango-market-exploit-compound-pauses-four-tokens-to-protect-against-price-manipulation" rel="noopener noreferrer nofollow">Cointelegraph</a><h2 id="header-3">#4. Singapore publishes crypto risk prevention measures</h2>The Monetary Authority of Singapore (MAS) has published consultation papers setting out guidelines to protect retail consumers in cryptocurrency trading.Retail investors in Singapore may have to go through a risk awareness assessment and will not be able to use credit cards or any form of borrowing to trade cryptocurrencies.The regulator also proposed new requirements around stablecoins including having secure reserve assets and adequate disclosures.Source: <a href="https://www.channelnewsasia.com/singapore/cryptocurrency-trading-rules-retail-investors-risk-awareness-test-monetary-authority-singapore-stablecoins-3025996" rel="noopener noreferrer nofollow">Channel News Asia</a><h2 id="header-4">#5. Phishing scammer has drained millions in crypto and NFTs</h2>A phishing scammer known as Monkey Drainer has stolen about 700 ether (ETH) worth roughly $1 million in crypto and NFTs in the past 24 hours.Prominent on-chain sleuth ZachXBT warned users on Twitter.The two biggest victims lost a combined $370k after signing transactions on phishing sites run by the scammer. ZachXBT tweeted that the total amount stolen in the scam exceeds $3.5 million, and is rapidly increasing day by day.Source: <a href="https://www.coindesk.com/business/2022/10/25/phishing-scammer-has-drained-1m-in-crypto-and-nfts-in-past-24-hours-says-on-chain-sleuth/" 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: Cash App expands support for Bitcoin Lightning Network, Compound pauses 4 tokens

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