๐Ÿš€๐ŸŒ Hey crypto friends! What happened in the crypto world this week? From Su Zhu's arrest to the $890 million loss suffered by the Web3 industry, everything is here! ๐Ÿ’ฅ๐Ÿ“ฐ

๐Ÿ”’ Su Zhu, co-founder of Three Arrows Capital, was arrested in Singapore and sentenced to 4 months in prison. ๐Ÿšจ

๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong and Macau authorities arrested 4 more people in connection with the JPEX crypto scandal. The total number of detainees increased to 18. ๐Ÿš”

๐Ÿ’ธ Gemini denied speculation that Genesis had withdrawn $282 million before its bankruptcy and explained that the money belonged to users of the Earn program. ๐Ÿง

๐Ÿฆ Central banks have successfully conducted international trade using CBDC and DeFi. ๐ŸŒ

๐Ÿ‡ฆ๐Ÿ‡ท Buenos Aires aims to transform citizens' access to services with Ethereum-based QuarkID. ๐Ÿ†”

๐Ÿ” Binance sold its Russian operations to CommEX and will gradually discontinue its services across the country. ๐Ÿ‡ท๐Ÿ‡บ

๐Ÿ” Mixin offered bug bounties worth $20 million to hackers in exchange for the return of stolen assets. ๐Ÿ’ฐ

๐Ÿ“‰ Web3 security incidents caused losses of $890 million in the third quarter of 2023. ๐Ÿ˜ฑ

๐Ÿ”„ Justin Sun's HTX announced that it will cover all losses worth 5,000 ETH. ๐Ÿ›ก๏ธ

Use the comment section below to share your comments and thoughts! ๐Ÿ—จ๏ธ๐Ÿ‘‡