1- Digital Asset Summit 2022 – London:

This week will see an important meeting of institutional players in finance and digital assets in London.

The meeting will focus on digital assets and will be under the supervision of the “Blockworks” company.

To be held Conference From 17 to 18 October, it will be held at the “Royal Lancaster” hotel in the capital of the United Kingdom.

This event will feature seminars and speeches from famous personalities in the crypto arena such as:

Founder of the decentralized finance project Aave, CEO of Kaiko, and CEO of Coinshares.

Read:New changes to the STEEM network, developers and the crypto community annoyed by the Tron Foundation

Representatives of conventional finance companies will also speak, including a representative from HSBC, BNP Paribas, Morgan Stanley and the London Stock Exchange Group.

2- More drama about mango theft:

Yesterday, Avraham Eisenberg, the man behind the theft of $114 million from Mango, confirmed his role in organizing the attack.

The protocol was left insolvent, with users’ wallets at risk of being liquidated.

After the Mango community vote, Eisenberg would be allowed to keep $47 million of the $114 million he was able to secure.

This amount is much larger than the usual rewards that hackers demand for the exploited platforms not to file criminal charges.

While Eisenberg views his actions as “legal,” describing what he did as a highly profitable business strategy rather than a hack, it remains to be seen whether law enforcement officials will view his handling of the protocol as legal.

3- Another week in Hacktober:

Previously, the month of October was known as UPtober due to the simultaneous rise in cryptocurrency prices, but the name has recently changed to Hacktober due to the amount and number of hacks that occurred this month.

Read:A bizarre way for a businessman to raise $20,000 through an initial coin offering

The Mango hack completed the negative landscape of October 2022.

It is still two weeks into October, which according to the Chainalysis report is the most prominent month and the most popular month in terms of crypto-money theft.

The data cited 11 hacks totaling $718 million, which so far tops the year that is expected to exceed $3 billion stolen in 2021.

Besides the Mango exploit, other cases include the recent $100 million hack of the BNB bridge across Binance.

The question now remains:

Are there more hacks left in the month of Hacktober?

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