Coindesk

1. Orchid’s Decentralized VPN Network Set for Early-December Launch

   Decentralized VPN provider Orchid will debut its app, network and token (OXT) during the first week of December.

2. Maker of Wasabi Bitcoin Wallet Valued at $7.5M in First Equity Round

   The privacy-centric Wasabi Wallet, launched by zkSNACKs in 2018, just raised its first equity investment from Cypherpunk Holdings, a publicly-traded Canadian fund.

3. South Korea Takes Legal Step to Stamp Out Unregistered Crypto Exchanges

   A legal amendment to an act addressing the South Korean crypto industry would criminalize unregistered exchanges, but has loosened other requirements.

4. Franklin Templeton Taps Wallet Service Provider to Support Tokenized Shares

   Franklin Templeton Investments, the global investment firm looking to track shares of a money market fund on the Stellar blockchain, has tapped wallet service provider Curv to help safeguard its shares.

5. Bitcoin Slips to One-Month Price Lows Below $8,000

   Having dropped to one-month lows below $8,000, bitcoin is now eyeing the first test of a key average support, now at $7,714, since April.

6. Binance Enters Indian Market With Acquisition of Crypto Exchange WazirX

   Binance has made a move into India's potentially huge, but troubled, cryptocurrency market with the acquisition of the WazirX exchange platform.

7. Silvergate Bank CEO Bets on Higher Crypto Price Volatility After $40M IPO

   “Now that we're public, we have more efficient access to capital to support our growth,” Silvergate Bank CEO Alan Lane said in an interview.

8. The Surprising Reason Why Blockstack Could Be America’s First Crypto IPO

   Blockstack is currently evaluating how it will conduct its next token offering for general miners. An IPO is one of four options.

9. China Central Bank to Set Standards for 17 Fintech Categories, Including Blockchain

   The People’s Bank of China (PBoC) has an agenda to set industry standards across the financial sector, including blockchain, a senior official from the bank said on Wednesday.  Speaking at a meeting of the National Technical Committee, PBoC vice president Yifei Fan said the bank aims to better regulate new technologies applied across the financial […]

10. Vermont Utility Customers to Trade Renewable Energy Credits on LO3 Blockchain

    With an ambitious 100% renewables goal by 2025, the new marketplace by Green Mountain Power and LO3 Energy is an eco blockchain play.

11. 1 Gigawatt Bitcoin Mine Under Construction in Texas Would Dwarf Bitmain’s

    The $150 million bitcoin mine could become the world's largest – surpassing Bitmain's, whose own mega mining operation is in the same Texas town.

12. In Wargaming Exercise, a Digital Yuan Neuters US Sanctions and North Korea Buys Nukes

    What if China’s digital currency undermined U.S. dominance of global finance? Former top Washington officials gamed out the scenarios Tuesday night.