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Here's a condensed version of the major events happening in the crypto world this week: 1. Stars Arena was hacked and 3 million dollars of AVAX was stolen. 2. The hacker who attacked HTX returned the stolen funds and won a reward. 3. Sam Bankman Fried's trial begins; The co-founder of Alameda Research and FTX testified. 4. Ledger laid off 12 percent of its staff for macroeconomic reasons. 5. CMCC Global launches $100 million crypto fund. 6. Binance announced that it will stop BUSD lending until October 25. 7. Brazil will introduce blockchain-based digital identity. 8. Conflux and LayerZero partnered to develop blockchain-based SIM card. 9. Sui Foundation announced a $51.3 million ecosystem fund to expand the DeFi ecosystem.

Here's a condensed version of the major events happening in the crypto world this week:

1. Stars Arena was hacked and 3 million dollars of AVAX was stolen.

2. The hacker who attacked HTX returned the stolen funds and won a reward.

3. Sam Bankman Fried's trial begins; The co-founder of Alameda Research and FTX testified.

4. Ledger laid off 12 percent of its staff for macroeconomic reasons.

5. CMCC Global launches $100 million crypto fund.

6. Binance announced that it will stop BUSD lending until October 25.

7. Brazil will introduce blockchain-based digital identity.

8. Conflux and LayerZero partnered to develop blockchain-based SIM card.

9. Sui Foundation announced a $51.3 million ecosystem fund to expand the DeFi ecosystem.

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Turkish crypto influencer claims his wallet was hacked after raising money for Memecoin. 💻🪙 Turkish crypto influencer The Pau raised about $90,000 with his highly anticipated memecoin project called BRO. However, these hopes turned into a nightmare with the claim that The Pau's wallet was hacked. In a statement on social media, The Pau stated that all assets in his wallet were stolen. This announcement was met with harsh reactions from global investors. The incident became even more complicated with the posts of a social media user named Damael. Damael claimed that the hacking allegation was false and accused The Pau of fraud. In the screenshots he shared, it was seen that the SOLs in the wallet were converted to USDC and transferred to another wallet. This situation further eroded the trust of investors in The Pau, with many demanding the return of their funds. In his statement, The Pau expressed that his main wallet, the wallet distributing the BRO contract, and the wallet containing the funds were all stolen. Describing this as a huge disappointment, The Pau is struggling to alleviate his investors' concerns. The incident brought trust issues in the cryptocurrency market back to the forefront. Investors were warned to be more cautious when investing in memecoins and similar projects. Although no legal action has been taken so far, pressure from investors continues. This scandal once again highlighted the serious extent of fraud and trust issues in the crypto world. This event, which serves as an important lesson for cryptocurrency investors, reiterated the necessity of being careful in the market. source: Özgür Umut Demirci | Coinkolik #BRO #ThePau #memecoin #Coinkolik
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