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SBF says spending FTX customers’ money was part of ‘risk management’: Report

At the time of bankruptcy, FTX faced a shortfall of $8 billion owed to its customers.

Ethereum layer 2s will continue to have diverse approaches to scaling — Vitalik Buterin

Ethereum co-founder Vitalik Buterin pens an analysis of Ethereum’s layer-2 ecosystem, highlighting diverse approaches to scaling the smart contract blockchain.

Slumdog billionaire: Incredible rags-to-riches tale of Polygon’s Sandeep Nailwal

Growing up in poverty in a Dehli ghetto, with an alcoholic father, Sandeep Nailwal went on to found the $6B Polygon crypto empire.

Sam Bankman-Fried lawyers pitch for changes to judge’s jury instruction

Bankman-Fried’s attorneys have made several requests in the past few months, ranging from early bail to vegan food and prescription drugs.

Rising M2 money supply will see crypto become ‘supermassive black hole’ — Raoul Pal

Historically, the cryptocurrency market has benefited from the rise in global money supply, as the majority of bull runs in the past coincided with the rise in fiat supply.

Blockchain in charity, explained

Blockchain-based philanthropy involves transparent, efficient and secure transactions, ensuring accountable and impactful giving.

Web3 gaming investors more ‘choosy’ in crypto winter — Animoca’s Robby Yung

Animoca Brands CEO Robby Yung says investors have been more discerning when allocating capital to Web3 gaming projects during crypto winter.

Unibot contract $560K exploit crashes token price by more than 40%

Amid ongoing investigations from Unibot and blockchain investigators, Scopescan advised users to revoke the approvals for the exploited contract and move the funds to a new wallet.

Bitcoin white paper turns 15 as Satoshi Nakamoto’s legacy lives on

“I’ve been working on a new electronic cash system that’s fully peer-to-peer, with no trusted third party,” Satoshi wrote in an Oct. 31 email in 2008.

Avalanche blockchain explorer to shut down as Etherscan fees draw controversy

Annual subscription fees for Etherscan's EaaS service has reportedly grown to $2 million per year.

ZkDay conference and Pitch competition comes to Istanbul on Nov. 13

ZkDay Istanbul is all set for Nov. 13! The event marks the continuation of the premier zero knowledge-focused community conference.

Crypto thief steals $4.4M in a day as toll rises from LastPass breach

Estimates in September revealed that at least $35 million in crypto has been stolen from victims of the LastPass breach since 2022, with the latest hack adding to the toll.

What are open-source protocols, and how do they work?

Open-source protocols have numerous advantages over proprietary protocols. They include greater transparency and accessibility.

SBF takes the stand, ‘buy Bitcoin’ searches soar and other news: Hodler’s Digest, Oct. 22-28

Sam Bankman-Fried testifies in court, searches for ‘buy Bitcoin’ surge, and Gemini sues Genesis over collateral.

Community-powered crypto trading: CryptoRobotics joins Cointelegraph Accelerator

CryptoRobotics, a one-stop-shop trading platform, offers trading bots, autostrategies and signals while fostering a community-driven mission to outperform the market.

9 protocols criticize LayerZero’s wstETH token, claiming it’s ‘proprietary’

Connext, Chainsafe, Sygma, LiFi, Socket, Hashi, Across, Celer and Router issued a joint statement criticizing the new token.

Audits and rug-pulled projects, a $650B token burn, and major DeFi protocol quits UK: Finance Redefined

Uniswap’s founder burned $650 billion of HayCoin, amounting to 99% of the token’s supply.

Blockchain congestion and transaction queues actually deter ‘nefarious actors’: Study

According to the study, a blockchain’s “fullness” is directly related to its security.

Fintech, DeFi, GameFi, and more: Web3 startups kick off Cointelegraph Accelerator second cohort

Sixteen startups selected from over 1000 applications will present their projects to a global audience.

dYdX launches layer-1 blockchain, validators and stakers set to receive all fees

dYdX completes the launch of its layer-1 proof-of-stake blockchain with the creation of its genesis block by chain validators.

Fantasy football game on Telegram: Fanton joins Cointelegraph Accelerator

Fanton brings blockchain-based fantasy football to Telegram thanks to the IM service’s recent integration with the TON blockchain.

Fireblocks, UniPass Wallet tackle Ethereum ERC-4337 account abstraction vulnerability

Fireblocks assists smart contract wallet UniPass to address ERC-4337 account abstraction vulnerability.

Scammers create Blockworks clone site to drain crypto wallets

Phishing scammers have been spreading fake news of a $37-million Uniswap exploit using a convincing fake Blockworks website.

Australia’s $145M exchange scandal, Bitget claims 4th, China lifts NFT ban: Asia Express

Asia Express: Cops bust Australian crypto and fiat money laundering exchange, Bitget now 4th largest exchange, China partially lifts NFT ban.

SBF grilled in court on deleted messages during testimony

The disgraced crypto executive claimed that he merely acted on various lapses in the company’s data retention policy.

Solana Labs launches Web3 incubator offering dev and fundraising support

Applications will be accepted for consideration until November 30.

Gary Gensler teases details of SEC's $5 billion take from enforcement actions, shades crypto

Gensler revealed that the SEC took 780 enforcement actions, including 500 standalone cases, and distributed $930 million to harmed investors.

Hashing It Out: A case for Web3 social media, and is Friend.tech a security?

CyberConnect co-founder Ryan Li believes that creators who want their content to live forever will ditch Web2 social media platforms for Web3 alternatives.

Bitcoin dominance hits 54% — highest in 2.5 years as BTC halving approaches

BTC market dominance hovered around 80% during the 2017 bull market, but slumped to the 50-60% range during the 2021 bull market, at times even dipping below 50%.

How blockchain games fared in Q3, Unioverse & Immutable, Upland token on ETH: Web 3 Gamer

Immutable teams with ex-GTA and CoD devs, Web3 game Brawlers to launch on massive Epic Games Store, and how did blockchain games fare in Q3?

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