Crypto Hacks, Closures, and Innovations Dominate September 2023 News

September becomes the biggest month for crypto exploits in 2023, with over $300 million in losses according to CertiK.

Yield Protocol announced it will permanently shut down operations by December 2023 due to lack of business demand and regulatory pressures.

Polygon co-founder Jaynti Kanani stepped down to focus on new adventures while contributing to Polygon "from the sidelines".

Nature science journal published an editorial lauding DAOs as a new way for researchers in underfunded fields to raise funding and build community.

Wirex launched a noncustodial crypto debit card service called W-Pay using zero-knowledge proofs and Polygon's Chain Development Kit.