November 2023

Ethereum’s Deflationary Shift: Validators Exit and DeFi Slows

The Ethereum blockchain´s recent data indicates a shift towards a deflationary supply, marked by a decrease in validator participation and a drop in NFT and DeFi transactions. This trend, highlighted by Glassnode, reveals how Ethereum’s economic model is evolving in response to changes in network activity and market sentiment. The decrease in Ethereum validators, with […]

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Fireblocks Unveils ‘Off Exchange’ to Secure Crypto Trades

Fireblocks, a renowned multi-party computation (MPC) wallet provider, has launched an innovative trading system named “Off Exchange,” revolutionizing how institutions interact with centralized exchanges. Announced on November 28, this system promises to mitigate the risks associated with centralized exchanges and prevent disasters akin to the FTX collapse. The core of Off Exchange lies in its

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Crypto’s New Era: Post-Binance Settlement

Brian Armstrong, CEO of Coinbase (COIN), has expressed optimism about the future of the cryptocurrency industry following the recent settlement between Binance and the U.S. Department of Justice. In a conversation with CNBC International at the Global Investment Summit in London, Armstrong reflected on how this development might signal an end to the era of

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Exclusive €6K ‘Mini Trunk’ for Louis Vuitton’s NFT Elite

Louis Vuitton, the iconic fashion powerhouse, is once again at the forefront of merging luxury and digital fashion. The brand recently announced an exclusive offering for its NFT owners: a limited-edition virtual and physical mini trunk designed by the brand’s renowned artistic director, Nicolas Ghesquière. This offering marks a significant step in Louis Vuitton’s journey

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Cryptoverse: ‘Layer Two’ Tokens Enjoy New Life as Bitcoin Soars

“Layer 2” cryptocurrencies, which are native to projects built on top of “layer 1” blockchains like Bitcoin and Ethereum, have recently found a new lease of life. This resurgence comes after a year of stagnation, driven by the anticipation of easing U.S. borrowing costs and the prospect of a U.S. spot bitcoin exchange-traded fund, lifting

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Why Binance’s US Plea Deal Could Be Positive for Crypto Adoption

Binance, has recently entered a new phase following its plea agreement with U.S. federal authorities. On November 21, Binance pleaded guilty to charges of money laundering and other federal offenses, agreeing to pay a record $4.3 billion fine. This settlement marks the largest in the history of the U.S. Treasury Department. The implications of this

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Magic Eden Launches Cross-Chain NFT and Crypto Wallet for Bitcoin, Ethereum, Solana, and Polygon

Magic Eden has announced the closed beta launch of its cross-chain crypto wallet browser extension. As revealed to Decrypt by CEO and co-founder Jack Lu, this move aims to consolidate the experience of NFT collectors who have had to juggle multiple wallets across different blockchains. Key Features and Future Plans Enhanced User Experience Collaboration and

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Bankless: DAO Divorce & Branding Challenges

The crypto world is witnessing a unique development involving Bankless HQ, a well-known media brand, and BanklessDAO, a semi-related entity. They are in discussions about a potential separation, an event that underscores the complexities of the evolving Web3 landscape. David Hoffman and Ryan Sean Adams, co-creators of the Bankless brand, have submitted a proposal to

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