Colony Lab will set up a network validator and invest in an index that tracks prominent Avalanche projects. Source: https://www.coindesk.com/business/2023/11/21/avax-ecosystem-to-get-10m-boost-from-avalanche-accelerator-colony-lab/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Phoenix was looking to sell almost 18% of the company for a target raise of $368 million. Source: https://www.coindesk.com/business/2023/11/21/crypto-miner-phoenix-group-says-uae-initial-share-sale-was-33-times-oversubscribed/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

AI has the potential to improve productivity and enhance bank returns, the report said. Source: https://www.coindesk.com/tech/2023/11/21/artificial-intelligence-technology-brings-benefits-risks-to-banking-bank-of-america/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The minutes of the Nov. 1 Fed meeting may be outdated, given the post-meeting softness in economic data and resulting expectations for renewed interest-rate cuts in 2024. Source: https://www.coindesk.com/markets/2023/11/21/fed-minutes-release-may-be-a-non-event-for-bitcoin/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Tether deposited the funds with a subsidiary of investment bank Britannia Financial, according to the report, which cited filings made in the High Court. Source: https://www.coindesk.com/business/2023/11/21/tether-deposits-of-1b-with-uk-financial-firm-are-at-center-of-high-court-battle-ft/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Blast boasts prominent investors Paradigm and eGirl Capital among others, but there’s no way to withdraw funds until February. Source: https://www.coindesk.com/tech/2023/11/21/new-ethereum-layer-2-blast-attracts-30m-hours-after-bridge-goes-live/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

24 hours ago, prediction markets were almost certain that Altman wouldn’t be back as OpenAI’s CEO. Now the market’s answer to that question has changed twice. Source: https://www.coindesk.com/markets/2023/11/21/polymarket-traders-betting-on-sam-altmans-fate-have-become-bipolar/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Securities and Exchange Commission is doubling down on its allegations that certain crypto assets are securities. These allegations haven’t dampened investor enthusiasm for the tokens. Source: https://www.coindesk.com/markets/2023/11/21/tokens-in-secs-crosshairs-are-posting-double-digit-year-to-date-returns/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto exchange Kraken commingled customer and corporate funds while operating as an unregistered broker, clearing agency and dealer, the U.S. Securities and Exchange Commission (SEC) alleged in a new …

Pyth Network’s speed-focused oracle service aims to challenge Chainlink as the go-to data source for blockchain finance. Source: https://www.coindesk.com/tech/2023/11/20/the-pyth-airdrop-is-finally-here-but-what-is-pyth-network/?utm_medium=referral&utm_source=rss&utm_campaign=headlines