Hello, ApolloXplorer!Have you seen today’s key headlines yet?<h2 id="header-0">#1. $3B stolen as of October</h2>Blockchain security firm PeckShield reported a total of $2.98 billion in stolen digital assets as of October 31, 2022.This is nearly double the $1.55 billion lost in all of 2021.“Hacktober” saw around 44 exploits affecting 53 protocols, with a total of $760 million stolen. However, $100 million had been returned.Source: <a href="https://cointelegraph.com/news/scary-stats-3b-stolen-in-2022-as-of-hacktober-doubling-2021" rel="noopener noreferrer nofollow">Cointelegraph</a><h2 id="header-1">#2. HUSD falls 72% from dollar peg</h2>The HUSD stablecoin has fallen from its $1 peg, dropping to a low of 28 cents after crypto exchange Huobi delisted the asset on Friday.Huobi said users can still exchange HUSD for USDT.Tron founder Justin Sun has taken a senior role at Huobi in recent weeks. An immediate change is shifting volume to his own stablecoin, USDD.Source: <a href="https://www.coindesk.com/business/2022/10/31/after-huobi-delisting-stablecoin-husd-falls-72-from-dollar-peg/" rel="noopener noreferrer nofollow">CoinDesk</a><h2 id="header-2">#3. Aptos-based Arco Protocol goes dark</h2>Cross-chain DeFi platform Arco Protocol on the Aptos blockchain has gone offline following a botched fundraise.Over 300 people deposited to its October 29 IDO at the same time, causing network congestion and an unforeseen issue with token claiming.The majority of respondents have requested a refund. Wormhole and Celer Network had also cancelled partnerships with them following the failed launch.Source: <a href="https://www.coindesk.com/business/2022/10/31/defi-lender-arco-protocol-launched-on-aptos-blockchain-goes-dark-after-botched-fundraise/" rel="noopener noreferrer nofollow">CoinDesk</a><h2 id="header-3">#4. a16z is helping Musk with Twitter</h2>Venture capital firm Andreessen Horowitz (a16z) is helping Elon Musk with Twitter.Sriram Krishnan, a general partner at a16z and former employee at Twitter, shared a photo to share the news. It’s unclear what specific features Krishnan is working on.Crypto exchange Binance also put $500 million into Musk’s Twitter purchase and is creating a team to help stop rampant bot activity.Source: <a href="https://decrypt.co/113221/andreessen-horowitz-temporarily-helping-elon-musk-with-twitter" rel="noopener noreferrer nofollow">Decrypt</a><h2 id="header-4">#5. Singapore’s MAS trials CBDC</h2>The Monetary Authority of Singapore (MAS) has wrapped up the first stage of its Project Orchid examination of a retail CBDC.The white paper released claims there is no “urgent case” for a retail CBDC in Singapore because of high quality services already available.However, it conceptualized a new model for digital currency — purpose-bound money — and has involved Singaporean banks and government agencies into the research trials.Source: <a href="https://cointelegraph.com/news/singapore-s-mas-says-no-urgent-case-for-retail-cbdc-but-launches-4-fast-trials-of-it" 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: $3B crypto stolen as of October, HUSD falls 72% from dollar peg

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