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Binance’s CZ must stay in US, Elon Musk seeks $1B for AI, and other news: Hodler’s Digest, Dec. 3-9

Binance’s CZ will have to wait for his sentencing in the United States, the U.S. Congress passed a bill supporting blockchain, and Elon Musk’s xAI seeks $1 billion in capital.

How blockchain transforms Christmas giving

Unwrap the magic of how blockchain reshapes the landscape of Christmas giving, bringing innovation and efficiency to the age-old tradition.

FTX and Alameda move $23.59M in assets to Binance, Coinbase, OKX

The latest transfer of $23.59 million was spread across 19 tokens, including ETH, ALEPH, CRV, AVAX, LINK, DOGE, MATIC, UNI and SOL.

Kyberswap comes to the rescue of hack victims, Platypus hacker walks free: Finance Redefined

The Platypus hacker managed to walk free from a court after claiming to be an ethical hacker despite stealing $8.5 million from the protocol.

Web3 protocol Blast reaches $823M TVL despite bugs and controversy

Amid technical challenges and investor scrutiny, Blast’s staking model has propelled its total value locked to $823 million.

Chainlink Labs enters into a strategic collaboration with Cointelegraph Accelerator to support Web3 startups

Cointelegraph Accelerator is excited to announce a strategic collaboration with Chainlink Labs, the primary contributing developer of the industry-standard decentralized computing platform Chainlink.

Armenian cultural heritage sites tokenized on Solana blockchain

The initiative “Realm of Historia” is on a mission to tokenize historical sites in Armenia and around the world using the blockchain to preserve cultural heritage for future generations.

Developers of Bitcoin sidechain MVC prepare for BRC-20 DEX launch

The MVC governance token has surged in 2023 to a fully diluted market cap of over $400 million.

Can cryptocurrencies be frozen on a blockchain?

Cryptocurrencies can be frozen on a blockchain under certain legal, regulatory and technical conditions.

ERC-2771 integration introduces address spoofing vulnerability — OpenZeppelin

The smart contract vulnerability arises after the integration of ERC-2771 and multicall standards. OpenZepplin identified 13 sets of vulnerable smart contracts.

HK game firm to buy $100M crypto for treasury, China/UAE CBDC deal: Asia Express

Hong Kong game firm to add $100M of BTC and ETH to treasury, UAE and China strike CBDC deal, Victory Securities starts new HK Bitcoin fund.

Babylon Chain closes $18M funding round for Bitcoin staking

Polychain Capital and Hack VC led the Series A funding round of Babylon Chain, a protocol working on Bitcoin staking for proof-of-stake networks.

Jack Dorsey’s Block Inc. launches self-custody Bitcoin wallet

Users who lose their Bitkey wallet don’t need to input a seed phrase to recover funds, the company said.

Games need bots? Illivium CEO admits ‘it’s tough,’ Web3 games 42X upside: Web3 Gamer

Games overrun with bots just show bot owners care, claims Pixels founder. Plus we review Galaxy Fight Club, chat to Illuvium’s CEO and more.

Changpeng Zhao’s next move could involve decentralized science

Decentralized science, or DeSci, aims to apply decentralized business models to medical research.

Web3 can benefit from adopting Web2 optimization: NBX Berlin

User experience remains a barrier to entry for the world of Web3 and industry builders believe the solution lies in onboarding Web2 functionality.

COP28: Blockchain projects make push to decentralize climate markets

Blockchain and crypto projects joined the UN Climate Change Conference in Dubai and unveiled initiatives focusing on contributing to the fight against climate change.

FTX to submit revised reorganization plan in mid-December

Bankrupt crypto exchange FTX is preparing to present an updated reorganization plan to the court in mid-December.

Web3 firms to support ecosystem development through grants amid market uptick

The Worldcoin Foundation rolled out a $5 million grant to support its community through WLD tokens or stablecoins.

Polygon 2.0: 2024 to see unified ZK-powered L2 chains

Polygon’s evolution will continue into 2024 as various protocols that make up its ecosystem become increasingly interconnected through the use of zero-knowledge proofs.

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