The crypto market experienced a 'sell-the-news' event following the U.S. presidential debate between Donald Trump and Kamala Harris, according to Bitfinex analysts. The debate sparked risk-off sentiment in the crypto space amid consensus that Trump's performance was underwhelming.

Indonesian crypto exchange Indodax discovered security issues on its platform that appear to have led to a multi-million dollar exploit, though the exact details are still unclear.

ZKsync developer Matter Labs has hired Meghan Hughes, the former VP of Marketing at the Solana Foundation, as its new Chief Marketing Officer. This poaching of a key Solana executive signals Matter Labs' ambitions in the Ethereum scaling space.

Elsewhere, the report covers a survey conducted by Visa, Brevan Howard and Castle Island Ventures that suggests stablecoins are finding real-world applications, as well as updates on crypto projects like Anchorage Digital, 21Shares, LEVR Bet, and Tradathon.

Source: https://www.theblock.co/post/315945/the-daily-trump-vs-harris-debate-sparks-crypto-risk-off-sentiment-indodax-faces-20-million-exploit-matter-labs-poaches-solana-foundation-exec-and-more

The information provided in this article is for informational and educational purposes only, based on news and sources gathered from the internet. This content should not be considered as investment advice, financial guidance, or a suggestion to buy or sell any digital assets. Before making any financial decisions, we recommend consulting with a professional financial advisor and conducting your own research. The author and the blog are not responsible for any losses or damages that may arise from using this content.