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In the first half of 2023, the crypto exchange Upbit faced 159,000 attacks, marking a 117% surge from early 2022 figures. These persistent threats pushed the exchange to transfer up to 70% of its funds to cold wallets and to ramp up its security measures. However, despite these precautions, the exchange mistakenly recognized fake APT deposits as legitimate. 
Ukrainians Embrace Crypto Literacy with Diia and WhiteBIT
It's been almost a year since the launch of the “Crypto Literacy and Blockchain” educational courses in Ukraine. This initiative was spearheaded by the state-backed platform Diia.Education and Europe's leading crypto exchange, WhiteBIT. Now, it's time to reflect on the initial outcomes. 
In an episode of the Lex Fridman podcast on September 28th, Mark Zuckerberg and the renowned computer scientist engaged in a one-hour conversation in the metaverse. The entire exchange took place using photorealistic avatars, made possible by Meta’s Quest 3 headsets and noise-canceling headphones. “9 minutes into Lex/Mark metaverse podcast, I forgot I was watching avatars,” fans say. Fridman himself shared his impressions of the challenge of distinguishing Zuckerberg’s avatar from his actual physical presence. 
The Wall Street Memes (WSM) meme token is slated for listing on OKX Exchange, happening today at 10:00 GMT. A similar event with PEPE saw the token's price soar with a 15x increase. But what exactly is Wall Street Memes? Originating from Reddit a few years back, this meme community has grown to nearly 800,000 members across different social media platforms, humorously dissecting crypto and financial news. Before rolling out the WSM token in May, they were renowned for their Wall Street Bulls NFT collection. Their token's presale has drawn to a close, amassing approximately $25 million with the token's cost fixed at $0.0337. 
Caroline Ellison: The Great Mind with a Dark Edge
Until autumn 2022, Caroline Ellison remained largely under the radar. That changed dramatically when FTX, once the leading cryptocurrency exchange, faced a major setback. Ellison, leading Alameda Research, channeled FTX client investments into ventures of dubious repute, culminating in the downfall of Sam Bankman-Fried’s empire. 
A federal judge denied the U.S. Securities and Exchange Commission's (SEC) request for an appeal against Ripple, asserting that the regulator did not demonstrate significant reasons to justify disagreements in opinions. However, he has set a court hearing date for April 2024 to address certain issues in the case. 
The crypto company LayerZero has forged a partnership with Conflux to roll out a blockchain-based SIM card (BSIM), co-developed by China Telecom. This partnership aims to simplify cross-chain fund transfers, leveraging LayerZero's innovative exchange mechanisms. While it's uncertain whether they can attract China Telecom's 390 million users, the LayerZero CEO remains optimistic. 
BIS Leads Successful Test of International CBDCs
In a joint initiative, the Bank for International Settlements (BIS) and the central banks of Switzerland, France and Singapore have wrapped up a test focused on the cross-border exchange and settlement of wholesale digital currencies issued by central banks. 
Binance has agreed to sell its entire russian assets to CommEX, marking a full exit from the country. The transition will take up to a year, ensuring a smooth migration for existing russian users. Notably, CommEX is a newly launched exchange, just one day into its official journey. Alex Bornyakov, the Deputy Minister of Digital Transformation of Ukraine, reflects on Binance's exit from the russian market: “There’s no longer room for any business to stay “neutral”. Blockchain technology is neutral but people leading crypto businesses should not be.” Check out our exclusive interview with Alex Bornyakov, where we delve into Ukrainian blockchain projects and digital education on the Diia.Digital platform. 
Yesterday, the Cyvers team raised alarms over a questionable HTX transaction. Their concerns grew when there was no communication in return.
Fast forward to today, the damage is clear: 5,000 ETH, or $7.9 million, is gone, snatched by a hacker.
The HTX team has proposed a 5% reward for the return of the funds. Should the hacker decline, they plan to engage law enforcement.
"Compared to the $3 billion in assets held by Huobi HTX users, $8 million is a small number. This is only equivalent to two weeks of revenue from the HTX platform," Justin Sun stated in X.
The underlying issue behind the breach has been eliminated, he adds, and the exchange will reimburse the lost amount. 