💰 Scale3 Labs, founded by former Coinbase employees, has raised $5.3 million in seed funding.

⚠️ #Geopolitics

🔛 CME Group will launch base rates for AVAX, FIL and XTZ on October 31st. the block

👀 Stader represents roadmap for decentralization

📊 Messari. Balancers (BALs).
- TVL jumped 64% in Q3;
- despite the decline in activity, liquidity providers (LPs) still receive attractive returns;
- The reward for extracting liquidity still significantly exceeds income.

👀 Elon Musk says he expects Twitter acquisition deal to close "around October 28th," court documents show.

📊 Sentiment: Over the past three weeks, the crypto community has been discussing the controversial #buyingthedip topic with much more frequency. Traders' pessimism is also still high, which means that bulls and bears are becoming more and more polarized.

💰 Citigroup's venture arm has invested $500 million in Hong Kong-based digital asset management firm Xalts.

⚠️ $718 million BSC network hacked

👀 Binance Chain Hacked, Deposits and Withdrawals Suspended twitter.com

👀 Changpeng Zhao: BSC Token Hub cross-chain bridge attack, damage estimated at about $100 million. twitter.com

👀 Institutional business director of digital asset platform FalconX steps down theblock.com

👀 PeckShield: BNB network attackers transferred about $89.5 million to other networks twitter.com

👀 British investment giant Abrdn joins Hedera's governance committee twitter.com

👀 Paradigm Explorer: There is a loophole in the BSC bridging verification method and the attacker steals 2 million BNB by faking the information.

👀 BNB network plans to upgrade nodes, no specific upgrade time yet twitter.com

👀 Scale3 Labs, a Web3 infrastructure company founded by former Coinbase employees, has raised $5.3 million. theblock.com

👀 Slow Fog: BNB Chain attacker's address is interacting with multiple DApps, and the address passed to the Avalanche chain is blacklisted. twitter.com

💰 Digital Asset Management Company Xalts completed the seed round $6 million.

🙋‍♂️ Marathon Digital has disclosed $81.3 million worth of risks associated with recently bankrupt mining hosting provider Compute North.
cointelegraph.com

📊 Compared to Q2, the estimated energy consumption for BTC increased by only 2%, while the hash rate increased by 6% and reached a new all-time high.

THIS may be due to the introduction of new ASICs into the network, which are more energy efficient and have a higher hash rate.