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New tool mirrors Optimism NFTs to Ethereum mainnet for use in verified apps

NFTs from Layer 2 were not previously recognizable to apps like Twitter.

LayerZero Labs bought back its stake from FTX Ventures and Alameda

The protocol announced an agreement that bought out 100% of FTX Ventures and Alameda Research's equity position.

‘Thank God’ El Salvador doesn’t have any Bitcoin on FTX, CZ clarifies

The Binance CEO added that the amount of misinformation going around now is “insane.”

BREAKING: FTX appears to have resumed withdrawals Blockchain data shows

Transactions appear to be leaving the FTX hot wallet at a rate in the single digits per minute.

Report: Tether freezes $46M of FTX's USDT on Tron blockchain, setting new precedent

Tether has thus far only frozen USDT funds held in private wallets when requested by law enforcement.

OpenSea to enforce creator royalty on all collections after community outcry

The NFT marketplace has clarified its stance on creator royalties after receiving significant public backlash from an earlier post.

Sequoia Capital marks down entire $214M FTX stake to zero

The venture capital firm assured partners it ran a rigorous due diligence assessment when it invested in FTX, finding the exchange to generate $1 billion in revenue and $250 million in operating income.

SBF tells investors FTX needs $8B in emergency funding: WSJ

According to reports, FTX CEO Sam Bankman-Fried asked investors for emergency funding to cover an $8 billion shortfall during a Nov. 9 investors call.

FTX website comes back online with message advising against deposits

Neither FTX CEO Sam Bankman-Fried nor any FTX official has provided its users with clarity as to why FTX’s website was taken down.

OKX, Kucoin say proof of reserves will be ready in a month

Similar protocols are used by Kraken, Bitmex, Gate.io, and many other exchanges, but were not used by FTX.

FTX's Binance rescue deal falls apart in less than 48 hours

Binance cited allegations of mishandling of consumer funds and investigation from regulators as reasons for exiting the agreement.

Nexo dodges $219M bullet just days before FTX’s solvency crisis

The firm withdrew its remaining balance from FTX at the 11th hour and topped weekly fund outflows from the troubled exchange.

Galaxy Digital discloses $77M exposure to FTX, $48M likely locked in withdrawals

The exposure amounts represents a small fraction of the firm's $1.5 billion in liquidity.

L2 is crucial to Ethereum decentralization, censorship resistance, says researcher

Swedish researcher Eric Wall highlighted StarkNet’s influence on Ethereum’s scalability as he joins the board of the newly formed StarkNet Foundation.

Blockchain intelligence firm TRM Labs raises $70M in expanded Series B round

Private equity firm Thoma Bravo led the expansion round, bringing the total amount raised to $130 million.

Binance tops up SAFU fund at $1 billion amid price fluctuations

Binance CEO CZ took to Twitter to assure users that the crypto exchange's insurance funds have been topped off at $1 billion as the debacle with FTX rages on.

Middle East, Asia and Africa blockchain association launches in Abu Dhabi

A new blockchain body has been launched with the backing of industry leaders in the Middle East region including figures from Binance, Crypto.com, and the largest crypto exchange in the region.

Binance Proof-of-Reserve pledge gains support following FTX crisis

The call for a more detailed disclosure of liquidity through the use of "Proof-of-Reserves" has been backed by many high-profile industry figures.

Ethereum Shanghai upgrade: EIP-3651 to cut gas fees for key network participants

Traders using builders to execute their complex trades could save a significant chunk of their gas fees as they no longer have to pay for failed transactions.

‘Do not delay’ — ASIC warns Aussies to look for 10 signs of a crypto scam

The list comes out as part of Australia's 2022 Scams Awareness Week.

Russia's Central Bank report examines crypto's place in the financial system

Russia's Central Bank has released a report on digital assets which looks at how the technology could be integrated into its traditional financial system.

AAA gaming companies will look like peanuts as GameFi evolves: Skale CEO

Finding a sustainable GameFi model is still challenging, as user experience ranks at the top of industry concerns.

Bitcoin miner Iris Energy faces $103M default claim from creditors

The company is facing a cash flow crisis due to tough market conditions.

Report: GALA token exploit resulted from public leak of private key on GitHub

It appears that the leaked private key caused a change of ownership in the compromised smart contract 70 days prior.

Trademarks filed for NFTs, metaverse and cryptocurrencies soar to new levels in 2022

Trademark applications filed for NFTs alone grew from a total of 2,142 filed for 2021 to 6,855 by the end of October 2022.

Crypto hits the main stage at Web Summit in front of record crowds

Web Summit attracted over 71,000 attendees to Lisbon for the renowned technology summit, with cryptocurrency and blockchain taking a more central role in 2022.

Deribit hackers move stolen Ether to Tornado Cash crypto mixer

The Deribit hot wallet hacker has transferred 1,610 ETH (over $2.5 million) to Tornado Cash, according to data from the Ethereum block explorer Etherscan.

Solana’s co-founder addresses the blockchain’s reliability at Breakpoint

In 2022 the blockchain has suffered from ten partial or full outages along with slow block times and Solana’s co-founder said it’s “not the experience that we want to deliver.”

Vitalik reveals a new phase in the Ethereum roadmap: ‘The Scourge’

The remaining milestones of the Ethereum roadmap consist of The Surge, The Scourge, The Verge, The Purge and The Splurge.

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