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Ethereum’s rollups are 'gold standard’ but Plasma needs a revisit: Buterin

Vitalik Buterin called the early Ethereum scaling solution Plasma “underrated” and a “significant security upgrade” for chains that would otherwise be validiums.

OKX launches Ethereum layer-2 testnet using ZK-based Polygon CDK

The “X1” network will be part of the Polygon ecosystem and use zero-knowledge proofs to bridge assets from Ethereum.

I spent a week working in VR. It was mostly terrible, however…

Cointelegraph Magazine journalist Felix Ng spent a week working in virtual reality. It was mostly terrible… but does have some potential.

Cointelegraph’s Rise ‘n’ Crypto: Unveiling the daily Web3 podcast

Want to keep on top of all the crucial happenings in crypto? Cointelegraph has a new daily podcast that provides a rundown of what you need to know in under 15 minutes!

Animoca eyes SportFi ecosystem, becomes Chiliz Chain validator

Animoca Brands will become a validator for the Chiliz Chain as the venture capital firm looks to capitalize on the SportFi ecosystem.

Swan Bitcoin to terminate customer accounts that use crypto-mixing services

Swan co-founder Yan Pritzker said the firm is pro-privacy and doesn’t oppose customers’ use of such services, but to work, it has to follow FinCEN regulations.

NFT sales volume upward trend to continue, industry execs say

CoinW executive Sonia Shaw told Cointelegraph that the recent uptick in NFT sales shows a “broader and more profound interest” extending beyond art.

Goldman Sachs leads $95M funding round for blockchain payment firm Fnality: Report

With $158 million of total capital raised since 2019, Fnality plans to launch the Sterling Fnality Payment System in 2023, subject to approval by the Bank of England.

New figures show hardly anyone is using ERC-4337 smart accounts

Account abstraction advocate John Rising shared “sobering” figures concerning the adoption of ERC-4337 smart accounts.

Elon Musk AI project-inspired memecoin ‘Grok’ falls 74% on creator scam claim

A memecoin drawing its name from the Grok AI project plummeted after allegations that its social media account was recycled from that of a former scam token.

DeFi vulnerability leading to $6.7M exploit ‘not detected’ by auditors

The project was previously audited by Trail of Bits and Hats Finance.

Taiwanese crypto exchange and VASP member Bitgin under investigation for money laundering

The exchange confirmed its chief operating officer’s brief relationship with an alleged money laundering group in a statement on Nov. 13.

No CZ, no problem: Binance Blockchain Week showcases Turkish crypto industry

Binance picked the Bosphorus as the backdrop for Binance Blockchain Week, the flagship event in its 2023 calendar.

Chinese hackers use fake Skype app to target crypto users in new phishing scam

Crypto security firm SlowMist has discovered several wallet addresses linked to a phishing scam that drained hundreds of thousands of dollars from unsuspecting crypto users.

Brad Garlinghouse jabs at maximalists: ‘It will be a multichain world’

Ripple CEO Brad Garlinghouse discussed discouraging maximalists and factors that could drive further institutional adoption at the recent Ripple Swell event held in Dubai.

Hackers claim to have stolen user data from defunct crypto ATM firm Coin Cloud

The hackers say they have nabbed the data of about 300,000 users of Coin Cloud residing in the United States and Brazil.

THORChain becomes third-largest DEX as RUNE surges 50% in a week

THORChain’s $1.32 billion in trading volume over the last week only trails Uniswap and PancakeSwap among decentralized exchanges.

Take Bitcoin profits at $110K, CME tops Binance in BTC futures open interest: Hodler’s Digest, Nov. 5-11 

The Chicago Mercantile Exchange surpasses Binance by one metric, OneCoin legal officer pleads guilty, Bitcoin’s cycle high could be $110K.

Number of Bitcoin millionaire wallets triples in 2023

Over 81,000 wallet addresses now hold $1 million or more worth of Bitcoin.

Bitcoiners pitch draft bill to preserve blockchain, decentralization in Argentina

The group, “Bitcoin Argentina,” previously rejected the idea that regulation was needed in the cryptocurrency industry.

Why the service industry needs blockchain, explained

The service industry needs blockchain for enhanced security, transparency and efficiency in managing transactions, contracts and customer data.

Demand for Bitcoin could grow by up to 10X within 12 months: Michael Saylor

The MicroStrategy co-founder emphasized that demand for Bitcoin will significantly ramp up following the halving next year.

3 theses that will impact Ethereum and Bitcoin in the next bull market

Cryptocurrency is going to break out of its bubble and reach critical mass thanks to layer-2 blockchains — and a couple of other factors.

‘$10K JPGs’ scare away gamers, Animoca’s crypto game streaming plans: Web3 Gamer

Animoca buys game streaming platform Azarus that rewards users with crypto, Project Xeno, and why $10K NFTs scare away real gamers.

JPMorgan rolls out programmable payments for institutional blockchain platform JPM Coin

JPMorgan’s blockchain platform JPM Coin has introduced programmable payment functionality for its institutional users.

UK cryptocurrency scams jump 23%, young investors prime targets: Lloyds Bank

According to the bank, potential cryptocurrency investors usually make an average of three payments before recognizing they’ve fallen victim to a scam.

Poloniex exchange suffers $100M exploit, offers 5% bounty

Over $100 million in digital assets were transferred from a wallet belonging to crypto exchange Poloniex in what security firms believe to be a massive hack.

China declares stealing digital collections like NFTs liable for criminal theft sentence

The Chinese government says theft of digital collections violates the protection law and interests of the crime of illegally obtaining computer information system data.

Institute for blockchain and crypto research opens in France

The Institute of Crypto-Assets held a formal opening at the Léonard de Vinci center in the business district just outside of Paris.

Bitwise insists 'no affiliation' with startup facing SEC charges

Bitwise Asset Management stresses it has no relationship with the startup Bitwise Industries whose founders have been charged with conspiring to commit wire fraud.

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