Overview of Key Overnight Developments on September 4
21:00-7:00 Keywords: ZKsync, Galois Capital, Penpie, US Stocks
1. ZKsync developer Matter Labs to lay off 16% of staff;
2. Weak data reignites concerns of economic slowdown, US stocks start September with a downturn;
3. Web3 security company Hypernative completes $16 million Series A funding;
4. US SEC accuses crypto hedge fund Galois Capital of custody failures;
5. Grayscale transfers 5,919 ETH and 644.223 BTC to Coinbase Prime address;
6. DeFi protocol Penpie hacked, approximately $27 million in crypto assets stolen;
7. Bloomberg ETF analyst: Ethereum ETF underperforms in the first month due to ETHE unlock impact;
8. US SEC: About half of Galois Capital's assets under management were lost due to FTX collapse in November 2022.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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