The move appears to be in anticipation of the approval of spot bitcoin ETFs. Source: https://www.coindesk.com/markets/2023/11/23/binances-bitcoin-reserves-drop-as-retail-flow-moves-to-coinbase-cryptoquant/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Blast, a layer-2 blockchain that will go live in March, has garnered more than $225 million in staked assets since Monday, but many crypto investors remain skeptical. Source: https://www.coindesk.com/tech/2023/11/23/ethereum-layer-2-blast-has-crypto-users-split-on-its-impact/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Bank of Korea sees a CBDC as a potential answer to problems with existing government-issued grant systems, such as during the COVID-19 pandemic or childcare vouchers. Source: https://www.coindesk.com/policy/2023/11/23/south-korea-to-pilot-cbdc-with-100000-citizens-in-2024-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The bank will start its crypto services to customers in Vienna, in partnership with Bitpanda. Source: https://www.coindesk.com/business/2023/11/23/austrias-raiffeisen-bank-to-roll-out-crypto-trading-for-retail-customers-in-january/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

It appears bitcoin holders are not planning on offloading inventory at these price levels or any time soon, one observer said. Source: https://www.coindesk.com/markets/2023/11/23/bitcoin-supply-inactive-for-a-year-hits-record-high-of-70/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Source: https://www.coindesk.com/policy/2023/11/23/binances-ex-ceo-cz-poses-a-serious-risk-of-flight-prosecutors-claim-in-asking-he-stay-in-us/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Decentralized Exchange had over $80 million in total value locked before the incident. Source: https://www.coindesk.com/tech/2023/11/23/kyberswap-dex-hacked-for-48-million-attacker-teases-negotiations/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

After a blockchain sleuth reported that the Bitcoin mining pool may have censored a transaction from an address blacklisted by U.S. authorities, critics responded, and so did the project’s …

The crypto exchange Binance’s expensive deal with U.S. prosecutors this week bears harsh consequences, but could mean a positive outlook for the company in the long term. Source: https://www.coindesk.com/business/2023/11/22/binance-deal-with-doj-was-only-option-to-continue-the-business/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

In this week’s edition of The Protocol newsletter, we share a few trends stand out to close 2023: the proliferation of Ethereum layer-2 networks, the ascendancy of zero-knowledge cryptography …