Cointelegraph

⁠Elrond rebrands as MultiversX, shifts focus to the metaverse The blockchain developer announced it will transform into MultiversX, as it shifts focus on metaverse development and introduces three new products.

⁠WhatsApp crash: Are decentralized blockchain messengers a real alternative? Centralized communication apps share one crucial feature: They crash often. Cointelegraph investigates to see if decentralization can offer a s…

⁠US Election update: Where do the pro-crypto candidates stand ahead of the election? Crypto has been highly visible in this election cycle thanks to polls and political action committees. This is a new and unaccustomed r…

​​In current bear market, crypto derivatives offer crucial diversification for portfolios Crypto derivatives are rising in popularity given the current state of the market — but the trading platforms that offer these ser…

⁠IRS prepares for an increase in crypto cases in the upcoming tax season The criminal investigation division of the IRS says it is preparing hundreds of crypto-related cases for the upcoming tax season.

⁠Web Summit Lisbon, Nov. 4: Latest updates from Cointelegraph’s ground team It's the final day of Web Summit 2022, and the Cointelegraph team on the ground is all set to bring you some of the best insights, personal inte…

⁠Immunefi launches scoring system for Web3's elite white hats The top 10 white hats in Immunefi's community have generated over $42 million in total earnings since 2020 by disclosing critical vulnerabilities.

⁠Elon Musk faces class-action suit over mass Twitter layoffs Elon Musk previously won a similar class-action lawsuit brought by Tesla employees, calling the case “trivial.”

⁠Circle starts pouring money into its Reserve Fund, aims to fill it in 2023 The Circle Reserve Fund is managed by BlackRock under the custody of Bank of New York Mellon.

⁠Moonvember kicks off with sweeping staff layoffs across crypto There are still pockets of hope, however, with some companies looking to expand despite the market conditions.

⁠'Everything is fine' — Gala Games calls for calm after fears of multi-billion dollar hack Gala Games said the unusual activity of its pGALA token was actually part of efforts to safeguard it from potential attack.

⁠NFTs still in ‘great demand’ as unique traders rise 18% in Oct: DappRadar A DappRadar report found that despite a fall in NFT trading volumes and sales counts throughout October, monthly unique traders increased.

⁠You have our swords: 12 independent entities pledge legal support for Ripple The evidence is mounting as “friends of the court” line up in support of Ripple Labs.

⁠Coinbase transaction revenues plummet 44% as users activity declines in Q3 While poor market conditions have resulted in revenues falling for the crypto exchange in Q3, its effort to reduce expenses has led to some stre…

⁠South Korean prosecutors accuse Do Kwon of manipulating Terra's price Prosecutors have reportedly secured a "messenger conversation" in which Kwon ordered an employee to manipulate Terra's market price.

⁠Canada to examine crypto, stablecoins, and CBDCs in new budget Canada’s government stated its concerns on the risks digital assets and the digitalization of money may pose to its financial system as a reason for launchi…

⁠Digital asset platform Bakkt set to acquire Apex Crypto for $200M The company said this acquisition is expected to diversify and bolster Bakkt’s revenue as it scales its offerings.

⁠Quebec's energy manager to seek government approval to stop powering crypto miners Energy provider Hydro-Québec cited the high energy demands anticipated in the Canadian winter in its reasons to reallocate 270 megawatts…

⁠Developers need to stop crypto hackers — or face regulation in 2023 One report indicated that more than $2.5 billion in crypto was lost to cross-chain bridge hacks over the last two years alone.

⁠Traditional firms likely won't be leading the charge in the next generation of Web3 games — WAX CEO “I actually think the first big games that have multimillion persistent users daily — those will come from new startup…

⁠UBS AG launches digital bond settled on blockchain and traditional exchanges With atomic settlement technology, the company said its digital bond settles through the SIX Digital Exchange (SDX), not requiring a central c…

⁠Santander UK limits crypto transactions for its customers Users will be restricted to a £1,000 limit per transaction, and a total limit of £3,000 a month.

⁠Goldman Sachs creates digital asset taxonomy system for subscribing investors The financial services giant, along with Coin Metrics and MSCI, will help investors track market movements and screen hundreds of coins and t…

⁠What will Crypto Twitter look like post-acquisition? Blockchain executives share their insights Many stakeholders expressed a desire to see more decentralization on the quintessential social media platform for the block…

⁠Koinos to launch its free-to-use blockchain mainnet Formed by Steem blockchain veterans, the platform offers a universal programming language, free account transfers, and its own smart contracts system.

In Case You Missed It 📰 🇵🇹 Web Summit: Live blog day 2 🇬🇧 UK: Biggest interest rate jump in 33 years 💳 Mastercard: New cohort for crypto accelerator 🎮 Laguna Games: Partners with Lens Protocol for decentralized ID…