🚨Only one week until the #Klaymakers23 submission deadline!⏳Finalize your #buidls and get ready to showcase your innovative solutions built on Klaytn. #BuildonKlaytn ⌛ Submit here:

t.co

Notable news in the last 24 hours (23/11) BTC: 37,361 USD | ETH: 2,064 USD | Total market cap: 1,389 billion USD 1️⃣ Privy announces $18 million in funding from Paradigm. Privy, a startup that helps brands build blockchain-based tools, has successfully raised $18 million in its A round. Paradigm, a crypto-focused investment fund, is the leader in this investment round, with participation from existing partners such as Sequoia Capital, Blue Yard, Archetype and well-known angel investors such as Justin Waldron, Ben Leventhal, Dan Romero, James Prestwich, Tarun Chitra, etc Linda Xie, Patricio Worthalter, Cooper Turley, and many others. 2️⃣ Binance CEO pleads guilty, officially resigns. According to information from the Wall Street Journal (WSJ) and Forbes, Binance CEO Changpeng Zhao (CZ) will step down as CEO of Binance, and admitted to violating anti-money laundering requirements in Seattle federal court on the afternoon of November 22 (US time). This is part of a $4 billion deal recently launched by the US Department of Justice (DOJ). 3️⃣ Binance insists that it does not manipulate or abuse customer funds. Binance recently paid a $4.3 billion fine to the US Department of Justice and Binance CEO Changpeng Zhao resigned. Meanwhile, the exchange issued a message reassuring users and affirming not to manipulate and use customers' money for wrong purposes. Specifically in the announcement, Binance stated that it never violates its core values of user safety and security. They place a very high responsibility as custodians and maintain a 1:1 guarantee for all user assets. This means that users can withdraw the full 100% of their assets from the platform at any time. 4️⃣ Mt. Gox is expected to start paying in 2023. Mt. Gox is expected to quickly begin the process of paying back some creditors in cash, according to an email to creditors today. The bankrupt Bitcoin exchange announced via email that its recovery process "is actively aiming to begin giving back in cash in 2023." However, there is a possibility that the repayment process could last until 2024 due to the large number of creditors that need to be addressed.

LootUp Update:

medium.com

Phased Public Release: Enhanced User Experience LootUpApp’s public release will be rolled out in carefully planned phases, ensuring a seamless user experience. The first phase to be released on Dec 9 2023 introduces basic functionalities, focusing on user-friendly and secure transactions: • User-to-User Transactions: Send and receive funds using usernames, complete with attached invoices, all processed on the blockchain. • Sponsored Gas: Transactions are made simpler with sponsored gas fees, eliminating the need to hold multiple tokens. • Integrated Messenger: Stay connected with a built-in messenger, enhancing communication within the platform.

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📣 Announcing this month’s top gas burn contributors eligible for the #Klaytn Fee Delegation Program! 📣 When you #BuildOnKlaytn, you get rewarded ⛽️Gas usage ranking page:

square.klaytn.foundation

📝 More details:

govforum.klaytn.foundation

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Let's shape the future of Klaytn together! 🌐 🌎 Klaytn Official Links Website | Twitter | Telegram | Announcement | Discord | Blog | Ecosystem