Inflows to crypto investment products rose over the past week, but Ethereum continues to lose investors’ interest.

Interest rate cuts are typically bullish for Bitcoin, but Senator Elizabeth Warren wrote that they could prevent an economic crisis.

Key Takeaways

•  The senators talked about how scammers exploit the relative anonymity and irreversibility of crypto transactions to defraud seniors. 
• As per data cited by lawmakers, elderly individuals are more than three times as likely to report losses through BTMs compared to younger adults.

Seven Senate Democrats have urged the top 10 bitcoin ATM operators in the U.S. to address the rising tide of crypto fraud targeting elderly Americans.

Price is Approaching Support, which is a level where it could pause or reverse its recent decline, at least temporarily. Support is often a level where price has bounced up in the past, or potentially prior Resistance level that was broken.

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Key Takeaways

• Blockchain security firm Chain Audits revealed that the rug pull was orchestrated through an unaudited and unverified “Vault” contract
•  The attacker reportedly laundered approximately $130,000 worth of stolen funds through Tornado Cash

BaseBros Fi, a decentralized finance (DeFi) yield optimization protocol on the Base blockchain, abruptly disappeared on September 13, taking with it users’ investments.

The Linux Foundation Decentralized Trust will incorporate all of Linux's decentralized projects in one place, including all of Hyperledger.

As the crypto market grapples with significant volatility and uncertainty, expert analyst Miles Deutscher has outlined ten reasons to be optimistic about the year’s fourth quarter (Q4). With Q4 fast approaching, Deutscher emphasizes that a monumental market shift could catch many investors off guard.

Floki (FLOKI) has long been a favorite in the meme coin community, thanks to its passionate Floki Vikings and ambitious projects within the decentralized finance (DeFi) and NFT space. However, recent developments in the world of meme coins have seen a new player, GoodEgg (GEGG), capturing the attention of FLOKI whales.

The cryptocurrency market is once again in flux, and while Solana (SOL) has maintained its place as one of the top contenders in the blockchain space, new tokens like GoodEgg (GEGG) are making waves. With Solana (SOL) facing a potential 4% price retracement, all eyes are turning toward GoodEgg, a fresh entrant into the crypto space that’s disrupting the market with its AI-driven Social-Fi platform.

Key Takeaways

• The attack occurred after a hacker gained control of a private key, allowing them to manipulate the platform’s contracts
• As per Cyvers, the hacker exploited a wallet that serves as the admin for Delta Prime’s proxy contracts.

Delta Prime, a decentralized finance (DeFi) platform, has lost over $5.9 million following a cyberattack on September 16.