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πŸ¦ŽπŸš€ Hacking Away πŸͺ“

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We Found The Buyer!


Michael Saylor's MicroStrategy has acquired an additional 5,445 bitcoins for $147.3 million between August 1 and September 24, with an average purchase price of $27,053 per bitcoin, according to a Securities and Exchange Commission filing.

This purchase increases the company's bitcoin holdings to approximately 158,245 bitcoins, valued at around $4.1 billion at the current price of approximately $26,000. The total cost of acquiring these bitcoins, including fees and expenses, is roughly $4.68 billion, with an average purchase price of about $29,582 per bitcoin.

In today's news, $200M hack on Mixin Network, $7.9M hack on HTX and DePINs bringing the gig economy to the next level!


Read on!

CoinGecko Report: Deep Diving Into ETH Liquid Staking

Join us as we dive into the realm of ETH liquid staking, how LSDs have become one of the largest segments in DeFi, as well as the growth of the LSDFi sector.

24h Hot Searches Worldwide πŸ”₯

  • Bitcoin                    (+0.9%)

  • Trust Wallet           (+0.9%)

  • Bella Protocol        (+0.9%)

  • Polygon                  (+2.2%)

  • GALA                       (-0.1%)

  • Veloce                     (+7.3%)

  • Rollbit Coin            (-4.3%)

 
Buckle up and get ready! CoinGecko's Virtual Meetup is back again! For Meetup #28, we'll be hosting the RWA Roundup!

 

The RWA Roundup

In 2023, the tokenization of off-chain assets such as real estate, equities, and even US treasuries has surged in popularity, resulting in the exponential growth of Real World Assets (RWAs) in crypto. With on-chain returns dwindling, RWAs have become an alternative source of yield for crypto users that would otherwise be inaccessible to the average retail participant.
 
Join us in our next Virtual Meetup #28, where we'll discuss the latest news in the RWA sector. Will RWAs act as a gateway for institutions to finally make their first foray into crypto? What's next for RWAs, and what can we expect in the near future?

  

Date: Thursday, 28 September 2023

Time: 09:00 AM EDT (UTC -4) [Check your local time]
  

Tune in for our Virtual Meetup #28, featuring an exciting panel of speakers:

 
While Arbitrum and other new L2's may have been stealing the spotlight for a while, Optimism has been busy at work buidling. Learn about all important updates and upgrades to the Layer 2.

Central Point of Failure


Mixin Network experienced an exploit on Sunday, leading to a potential loss of up to $200 million, according to a tweet from the project's team.

Mixin Network offers a wallet for cross-chain asset transfers and a decentralized exchange for swapping assets, including Bitcoin, Ethereum, XRP, Litecoin, Dogecoin and more. However, it has faced criticism on Twitter due to its reliance on a centralized database, which introduces a potential single point of failure.


CoinDesk 

Another Hack


The cryptocurrency exchange HTX experienced a hack resulting in the loss of 5,000 ether, valued at $7.9 million, as confirmed by company advisor Justin Sun.

Sun emphasized that this stolen amount represents a relatively small portion compared to the $3 billion worth of assets held by HTX users and is approximately equivalent to two weeks' worth of the exchange's revenue.


Decrypt 

What are DePINs?


Decentralized Physical Infrastructure Networks (DePINs) are transforming traditional infrastructure models, akin to the gig economy we see today (driving for Uber, delivering for DoorDash).

Hivemapper rewards drivers for installing dashcams and collecting mapping data, Render allows users to earn by providing excess GPU power, and Helium enables node runners to generate revenue by hosting hotspots, expanding wireless connectivity.


The Block 

  
ICYMI: Tracking Crypto Prices on ExcelThere's so much more you can do with crypto price data in your spreadsheet!
 
In this step-by-step tutorial, learn how to import crypto prices into Excel:

  • Get real-time crypto prices for trading pairs

  • Fetch historical prices for specific cryptocurrencies

  • Pull out total crypto market cap data

  • Get live price data for trending crypto categories
     

…and more! Read on!

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