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Hacker returns stolen funds to US government in less than 24 hours

The breach has raised questions about the security of state-controlled digital assets and the need for improved custodial crypto storage practices.

CryptoSlate

Oct 26

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The global crypto market cap is $2.27 trillion, with a 24-hour volume of $90.37 billion. The price of Bitcoin is $66,791.82, and BTC market dominance is 58.3%. The price of Ethereum is $2,453.96, and ETH market dominance is 13.0%. The best-performing sector is eCommerce, which gained 53%.

LATEST SLATECAST 🎙️ Sunny Aggarwal’s vision for seamless cross-chain trading with Polaris

In today's CryptoSlate daily newsletter, we explore significant developments in the crypto world: a hacker returned nearly $19.3 million in stolen funds to the U.S. government within 24 hours, raising urgent questions about the security of state-controlled digital assets; Solana has achieved a new record in daily transaction-related fees, fueled by a surge in AI-related memecoin trading, marking 13 consecutive days of trading volume dominance; and Tether's Paolo Ardoino has refuted a Wall Street Journal report suggesting a U.S. investigation, calling it "irresponsible reporting." Stay informed with these crucial updates!