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The#LEGOwebsite was hacked to promote a fake cryptocurrency, misleading users into purchasing fraudulent tokens with #Ethereum.

The company quickly removed the fraudulent banner and assured customers that no accounts had been compromised and that preventative measures were being taken.

#Quant hedge funds are facing significant challenges from margin calls triggered by the massive rally in Chinese stocks, particularly affecting funds with short positions.

Hedge funds using short strategies are at risk of liquidation, according to Bloomberg.

The situation escalated last week when the Chinese government announced that institutional investors could access central bank funding to buy stocks. Officials also indicated plans to create a market stabilization fund, starting with an initial investment of 800 billion yuan (about $113 billion) aimed at bolstering the stock market.

Vitalik Buterin, co-founder of #Ethereum, is in the spotlight today for a major crypto deal involving the sale of various meme coins and USDT to convert them into #ETH.

The tokens were sent to his wallet by developers over the past year. On October 5, Buterin sold several assets, receiving about $341,000 in ETH.

David Carmona, the founder of crypto project #IcomTech, was sentenced to 10 years in prison for conspiracy to commit wire fraud.

Carmona assured investors that their funds would be invested in cryptocurrency trading and mining, saying profits would double every six months.

Monolithic blockchains, which combine different layers into a single architecture, performed well in September, according to a report from VanEck.

The report noted price increases for#Solana(#SOL),#Sui(#SUI), and#Aptos(#APT), which rose 14%, 118%, and 23%, respectively. Sui's rise was driven by a 140% increase in daily active addresses during the month, pushing its market cap to over $5 billion.

Almost six months after the release of#BitcoinCore 27.0, the Bitcoin development team has released a new version - Bitcoin Core 28.0.

This update includes a number of improvements and bug fixes for the Bitcoin mainnet.

The update comes shortly after developers identified a high-risk vulnerability affecting approximately one in six Bitcoin nodes, making them vulnerable to DoS attacks.

Anatoly Yakovenko, CEO and co-founder of #Solana, has been outspoken in his criticism of the Biden administration, particularly regarding its failure to promote job creation.

Many positions in the Solana ecosystem could be in the US rather than overseas.

With recent reports pointing to a slowdown in the U.S. labor market, including a drop in job openings to 7.7 million, Yakovenko’s frustration has grown. The trend has raised concerns about the overall employment situation, particularly in tech.

Hong Kong Virtual Asset Exchange (HKVAX) has received a license from the Hong Kong Securities and Futures Commission (SFC) to operate a virtual asset trading platform.

The approval makes#HKVAXthe third licensed cryptocurrency exchange in the city and the first to receive approval under the virtual asset regulatory framework introduced two years ago.

On Wednesday, the Moscow Arbitration Court took a major step by freezing funds held in Russian branches of major American banks, totaling about $372 million.

This action was prompted by a petition from the Deputy Prosecutor of Russia, aimed at “ensuring the interests of the Russian Federation.”

During this period, the total outflow exceeded $388 million.#ArkInvest and ARKB 21Shares led the trend, recording an outflow of $57.97 million, while FBTC#Fidelityrecorded an outflow of $37.21 million.

In contrast, #BlackRock's IBIT saw inflows of $35.96 million, followed by smaller gains from#Bitwiseand #Invesco. Total#Bitcoinspot#ETFtrading fell to $1.13 billion, down from $1.66 billion the previous day.

Financial institutions in North America, Europe and Asia are gearing up to take part in upcoming digital asset trials hosted by #SWIFT.

The trials, announced on October 3, are set to begin in 2025 and will examine transactions involving multiple digital currencies.

Aptos Labs, a Layer 1 blockchain developer, has confirmed the acquisition, which will integrate the HashPalette blockchain into the Aptos network. The move involves migrating the Palette Chain blockchain and existing HashPalette applications to Aptos.

With this acquisition,#AptosLabs intends to capitalize on #HashPalette's strong position in Japan, establish relationships with large enterprises, and expand its presence throughout Asia.

Changpeng Zhao, the founder and former CEO of Binance, likely continued to increase his wealth during his recent four-month stint in a California detention center.

During his incarceration, Zhao’s net worth dropped significantly. Bloomberg reported that his wealth had fallen from about $36.5 billion on June 2 to about $30.8 billion by September 27. That estimate was conservative, as it assigned a zero value to his Bitcoin and Binance Coin holdings and reduced the valuation of his Binance.com holdings by 50% based on industry peers.

OpenAI has successfully closed a funding round, raising $6.6 billion, valuing the company at $157 billion, it announced in a blog post on October 2.

The new capital will expand OpenAI's ability to further AI research, enhance its computing capabilities, and enable it to develop solutions to complex problems.

President Joe Biden's administration has purchased an additional 6 million barrels of crude oil to replenish the Strategic Petroleum Reserve (SPR).

The purchase, which averaged $68.56 a barrel, is part of ongoing efforts to stabilize the oil market, energy analyst Patrick De Haan said.

A major network outage at Bank of America left thousands of customers unable to access their accounts or seeing their balances drop to zero.

The problems began around 16:26 UTC on October 2 and peaked an hour later, with around 18,000 reports of issues registered on #Downdetector, mostly related to the bank's mobile and online services.