ETC Thanos on Nov 28, 2020. The fork will reduce DAG size. OpenEthereum, OpenETC, Classic Geth and MultiGeth will stop their operations on the ETC network. Hyperledger Besu will continue supporting. ETChash will be the new hash for Ethereum Classic.
Blockchain analysis company Chainalysis announced to launch "Asset realization program' to help US government agencies to manage seized cryptocurrency. The announcement comes days after the US department of justice confiscated Bitcoins worth $1 billion through Silk Road.
Israeli firm, Kirobo launched a tool that allow users to 'undo' Ethereum transactions. The firm announced Replace-by-fee (RBF) feature that allows to reverse the transactions sent to wrong address by generating a password. The feature is available to everyone who uses WalletConnect protocol like Metamask.
UK Treasury will lay down guidelines to regulate private stablecoins such as Tether, Circles and USDC to effectively manage the risks associated with it. The UK Treasury along with Bank of England will consider if central banks can issue their own digital currencies, as a complement to cash.
Compound Finance is a DeFi based solution to buying and selling crypto assets at high-interest rates on the same platform. Stablecoins are used to keep price volatility minimum and lets crypto grow.
Augur is a decentralized marketplace for betting. It rewards REP token for predicting the outcome rightly.
Decentralized oracle- based network Chainlink revamped its website with new look and features. Chainlink is a unique project that connects smart contracts with real- world data.
Decentralized finance (DeFi) project Akropolis faced a loss of $2 million DAI from its yCurve and sUSD pools after the attackers' intrusion. As a result Akropolis paused all the stablecoin pools. However, Compound DAI, Compound USDC, AAVE sUSD, AAVE bUSD, Curve bUSD, Curve sBTC, Native AKRO and ADEL staking pools are not affected by the hacking.
Wallets & Trading
Zenbot is a bot that uses Node.js and MongoDB for the crypto-currency command-line exchange. The guide will explain the trading bot and how to install a Gekko Trading Bot.
Chief Executive Officer and Founder Zhao Changpeng in an interview talked about recent developments in cryptomarket and regulations imposed by countries like China and US.
According to the reports, the largest banking institution in Belarus, Belarus Bank in collaboration with Whitebird will allow its customers to buy and sell cryptocurrency.
PayPal's cryptocurrency buying and selling services is live now for all its eligible customers in US. The customers are initially allowed to trade up to $20,000 per week. PayPal Holdings Inc. last month announced allowing to use Ethereum, Bitcoin, Bitcoin Cash and Litecoin directly within the PayPal wallet.
Events and Summits
November 6-21: Hack the Orb
November 17: CFTC Empower Innovation: Future of DeFi
November 20: Account Abstraction Community Call
November 24: SiGMA Europe Virtual Expo 2020
November 25: Virtual Blockchain Expo Europe 2020
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