The BSN Foundation’s “non-cryptocurrency” approach aims to create a stable network that would not be as volatile as traditional cryptocurrencies like Bitcoin.
Decentral Block Post
Philippines to sell $179M in tokenized treasury bonds for the first time
Real-world asset tokenization as a concept has existed for some time. However, in 2023, with the growing interest of institutions, various governments have started experimenting with the idea.
Solana hoses down ‘inaccurate’ CertiK report on Saga phone security flaws
CertiK claims Solana’s Saga smartphone contains a critical “bootloader vulnerability” — Solana Labs says the claims are entirely inaccurate.
Solana jumps 20% as Cathie Wood lauds its speed and cost over Ethereum
Solana has drastically outperformed other major crypto assets, gaining nearly 200% in the last month.
Layer 2 networks hit $13 billion TVL but challenges still remain
Data from L2Beat shows that layer 2s are seeing greater adoption than ever before as users continue to desire lower gas fees.
Breaking into Liberland: Dodging guards with inner-tubes, decoys and diplomats
Visiting Liberland — a crypto micronation between Croatia and Serbia — required decoys and diplomatic immunity to dodge the border guards.
Microsoft, Tencent and other tech giants join Decentralized Infura Network
Infura said the partnerships mark a major milestone in decentralizing and making its network more censorship-resistant.
Web3 advocate and author Alex Tapscott on the future of blockchain mass adoption
Alex Tapscott says Web3 offers “a set of tools” that can be used to “build new business models, to create new kinds of organizations [and] to transform existing industries.”
Binance Labs invests in ARKM, the native token of Arkham platform
Binance Labs, the venture capital arm of Binance Exchange, has invested in ARKM, the native token of the crypto intelligence platform Arkham.
Singapore introduces five new pilots to test asset tokenization
The latest initiatives led by the Monetary Authority of Singapore aim to develop foundational capabilities to scale tokenized markets.
Dairy Queen opens NFT pop-up store in China
The pop-up nonfungible token store, co-sponsored by Weirdo Ghost Gang, will run until the end of the year.
Cybersecurity team claims up to $2.1B in crypto stored in old wallets are at risk
The security firm urges those using wallets generated from 2011 to 2015 to transfer their assets to crypto wallets that were generated more recently.
OKX joins Komainu and CoinShares for institutional segregated asset trading
Sebastian Widmann, head of strategy at Komainu, believes this is a necessary step to attract institutions to adopt digital assets.
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.