Stars Arena was hacked for roughly $3 million worth of AVAX tokens, with the hacker reportedly sending the funds to the Fixed Float crypto exchange. Source: https://cointelegraph.com/news/stars-arena-secures-funds-to-plug-exploit

Sam Bankman-Fried trial is underway, Alex Mashinsky trial data is set, and Binance’s market share shrinks. Source: https://cointelegraph.com/magazine/sbf-trial-underway-mashinsky-trial-set-binances-market-share-shrinks-hodlers-digest-oct-1-7/

The trial of former FTX CEO Sam Bankman-Fried started on October 3. Four witnesses explained to jurors how $8 billion in funds from customers went missing. Source: https://cointelegraph.com/news/sam-bankman-fried-ftx-goes-on-trial-week-review

Matt Huang said he was led to believe that Alameda Research was not being provided any special treatment by FTX. Source: https://cointelegraph.com/news/sam-bankman-fried-ftx-trial-board-directors-matt-huang-paradigm

Elon Musk claims the SEC and DOJ are abusing their regulatory powers for personal and political gain to receive punitive action. Source: https://cointelegraph.com/news/elon-musk-scorns-sec-doj-lawsuit-twitter-purchase

“The gravitational pull in crypto for the time being stays in BTC,” said K33 senior analyst Vetle Lunde. Source: https://cointelegraph.com/news/ethereum-eth-etf-launch-lackluster-bitcoin-k33-research

Marathon Digital, in particular, produced 1,232 Bitcoin in September, which accounted for a record 4.3% share of Bitcoin miner rewards. Source: https://cointelegraph.com/news/bitcoin-miner-marathon-digital-riot-platforms-increase-btc-production

The regulator has asked a federal judge to deny Coinbase’s motion to dismiss its lawsuit, claiming the exchange knew the cryptocurrencies it sold were securities under the Howey test. …

Sergio Massa’s stance on central bank digital currencies appears to be in complete opposition to Javier Milei, a pro-Bitcoin candidate who wants to abolish Argentina’s central bank. Source: https://cointelegraph.com/news/argentina-presidential-candidate-push-cbdc-solve-hyperinflation-elections

Day one trading volume across all nine products stood at less than $2 million. Source: https://cointelegraph.com/news/ethereum-futures-etfs-launch-low-volume-trading-first-day