Crypto Weekly Highlights

1. $32 Million stolen from BlueBenx

📰 BlueBenx, a Brazilian crypto lender, has fired employees after a $32 million theft. 22,000 accounts were blocked in an attempt to limit the magnitude of the theft.
📰 It is still not known how the funds were stolen.

https://cointelegraph.com/news/bluebenx-fires-employees-halts-funds-withdrawal-citing-32m-hack

2. MakerDAO founder wants to depeg DAI

📰 Rune Christensen proposes to peg DAI to ETH.
📰 The comment comes after the US Treasury sanctioned Tornado Cash.

https://cryptonews.com/news/makerdao-founder-suggests-seriously-considering-depegging-dai-from-usd.htm

3. AUSD Depegged after hacker prints 1.2B AUSD

📰 A hacker has printed 1.2B AUSD on the Acala Network leading to the depegging of AUSD. The Acala team noticed a configuration issue with the Honzon protocol which the hacker exploited.
📰 Acala has since rectified the issue. The wallets that received the minted tokens have also been identified.

https://crypto.news/hacker-prints-1-2b-ausd-on-acala-network-ausd-depegs-after-the-exploit/

4. Do Kwon opens up on Terra's collapse

📰 For the first time since the LUNA/UST crash, Do Kwon opens up about what happened and his experience.
📰 In a must watch interview, Do Kwon apologizes to all his followers and hopes he can regain trust with LUNA2.0.

https://blockworks.co/do-kwon-breaks-silence-terra-luna-was-essentially-my-life/

5. Coinbase to shutdown Etherium staking

📰 Coinbase CEO says they would shut down Etherium staking if they get threatened by regulators.
📰 This could have significant impacts for Coinbase considering Etheriums post-merge to proof-of-stake mechanism.

https://decrypt.co/107700/coinbase-ceo-wed-shut-down-ethereum-staking-if-threatened-by-regulators

6. South Korea to block unregistered exchanges

📰 South Korea to block KuCoin, Poloniex and other exchanges for operating in South Korea without registration.
📰 16 unregistered providers have been identified.

https://decrypt.co/107711/south-korea-to-block-kucoin-poloniex-in-crackdown-on-unregistered-crypto-exchanges

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