What Happened on Oct. 24th｜FTX to Compensate Phishing Victims Up to $6M

DeFi

• QuickSwap temporarily shut down the lending marketplace after losing $220,000 due to a flash loans attack. Source
• Crust Network won Polkadot's 30th parachain auction. Source
• QiDao: the suspicious transactions monitored by PeckShield are not related to QiDao contracts. Source
• PancakeSwap will deploy on Aptos. Source
• Angle Protocol's Euro stablecoin $agEUR is live on Avalanche and BNB Chain. Source
• Aave-based flashlend market Flaave goes live. Source
• Juno halves $JUNO inflation. Source
• Klaytn Foundation announces a $KLAY buyback is in progress. Source

CeFi

• Robinhood lists $AAVE and $XTZ. Source
• PayPal has filed a blockchain-related trademark application. Source
• FTX will provide a one-time compensation of about $6 million to accounts affected by the phishing incident. Source
• Crypto.com will migrate to GEN 3.0 on November 1st. Source
• Crypto staking platform Freeway halts withdrawals, citing market volatility. Source
• Binance publishes crypto security tips. Source

Infrastructure

• Aptos-based wallet Rise goes live. Source

Policy & Regulation

• South Korean regulator plans to look at stablecoins' role in money laundering. Source
• SEC asks court to deny Ripple motion for summary judgment in $XRP lawsuit. Source

Metaverse & NFTs

• Yuga Labs co-founder: Otherside Metaverse The Persistent World is expected to launch in 2023. Source

Funding

• Web3 publishing platform Paragraph closed a $1.7 million round of funding with participation from FTX Ventures, Binance Labs, and others. Source
• Crypto compliance platform Sealance closed a seed round of funding with participation from Coinbase Ventures, and others. Source
• Crypto exchange Bit2Me acquires blockchain software development company Dekalabs. Source