CoinDesk reported earlier this week that Friend.Tech users were seemingly starting to get targeted in SIM swap exploits. Source: https://www.coindesk.com/tech/2023/10/05/friendtech-targeted-sim-swaps-worsen-as-users-lose-more-ether/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The employees flagged their discovery to one of FTX’s director of engineering Nishad Singh but the problem never got fixed. Source: https://www.coindesk.com/policy/2023/10/05/ftx-employees-knew-about-the-backdoor-to-alameda-months-before-collapse-wsj/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

A Parisian cocoa trader told Sam Bankman-Fried’s trial jury that pricey ads and FTX’s confident CEO helped convince him the crypto exchange was a safe place to deposit over …

Ether fell 0.5%, Solana’s SOL fell 1.4%, while Cardano’s ADA and BNB Chain’s BNB traded flat. Source: https://www.coindesk.com/markets/2023/10/05/bitcoin-holds-steady-at-276k-why-are-xrp-avax-prices-pumping/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Kabosu is the actual dog of the meme that inspired popular internet culture and tokens such as Dogecoin. Source: https://www.coindesk.com/web3/2023/10/05/dogecoin-nft-community-own-the-doge-is-installing-kabuso-dogs-statue-in-japan/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Traders will be able to bet on the performance of a basket of DeFi tokens, or of a group of smart contract platforms’ native currencies. Source: https://www.coindesk.com/markets/2023/10/05/prediction-market-zeitgeist-to-use-coindesk-indices-for-broad-crypto-bets/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin edged higher to $27,700 Wednesday afternoon as crypto markets calmed after Monday’s sharp rally. XRP and AVAX jumped 3% and 7%, respectively. Source: https://www.coindesk.com/markets/2023/10/04/bitcoin-edges-higher-to-277k-avax-xrp-jump-as-crypto-market-settles/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

HKEX says the system, used by traders in Hong Kong to buy stocks in China, will speed up settlement and provide greater transparency. Source: https://www.coindesk.com/policy/2023/10/04/hong-kong-stock-exchange-launches-blockchain-based-settlement-platform/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ether’s price dropped to its lowest price compared to bitcoin since July 2022 as the launch of futures-based ETH ETFs attracted meager interest from investors. Source: https://www.coindesk.com/markets/2023/10/04/poor-week-for-ether-prompts-research-firm-to-reverse-outlook-advise-favoring-bitcoin-instead/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

“He poured money — other people’s money — into investments to make himself even richer,” the prosecutor said in opening arguments. Source: https://www.coindesk.com/policy/2023/10/04/sam-bankman-fried-lied-doj-tells-jury-defense-tries-to-pin-ftx-collapse-on-caroline-ellison/?utm_medium=referral&utm_source=rss&utm_campaign=headlines