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FTX partners with Visa, BNB Chain suffers exploit and Elon Musk returns to $44B Twitter deal: Hodler’s Digest, Oct. 2-8

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph

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Solana Network Suffers Another Outage — Cyber Capital Founder Says Downtime Is ‘Another Consequence of Bad Design’ – Bitcoin News

The proof-of-stake (PoS) blockchain network Solana suffered another outage on September 30 and the network restart did not take effect until six hours later on October 1. Solana has suffered a myriad of network outages during the last year, and the blockchain’s latest downtime caused the network’s native currency to

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Decentralized exchange GMX suffers $565K price manipulation ‘exploit’

Decentralized exchange (DEX) GMX has reportedly suffered a price manipulation exploit from an exploiter who managed to make off with around $565,000 from the AVAX/USD market.The unidentified exploiter is understood to have capitalized on GMX’s “minimal spread” and “zero price impact” features to pull off the exploit, which impacted GLP

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BendDAO’s NFT-Collateralized Crypto Loan Platform Suffers a Bank Run, Prompting a Move to Avoid Another Liquidity Crisis

BendDAO – from a distance – looks like an old-school bank: Some customers deposit money into the decentralized finance (DeFi) platform, which loans the money out, giving depositors a cut of the interest payments. Those loans are backed by collateral but with a crypto-quirk: that collateral is pictures of monkeys,

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Stepn, A ‘Move-To-Earn’ Application Suffers Cyber Attack After Upgrade

Stepn, a “move-to-earn” application hosted on the Solana blockchain, suffered multiple distributed denial of service (DDOS) attacks after the cryptocurrency outfit updated its system. Stepn, known for giving users cryptocurrency rewards for walking or jogging, recommended that its users “get some rest” while it worked to secure its servers and

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LUNA 2.0 Suffers Significant Price Correction Hours After Launch

The recovery plan for Terraform Labs’ stablecoin TerraUSD (UST) and its native token Terra (LUNA) embarked on a bumpy route after the LUNA 2.0 cryptocurrency suffered a substantial market fall hours after its launch. TerraForm Labs successfully delivered new LUNA coins to market participants holding LUNA Classic (LUNAC) and TerraUSD (UST).

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