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OKX launches Ethereum layer-2 testnet using ZK-based Polygon CDK

Crypto exchange OKX has launched a testnet for an upcoming Ethereum layer-2 network named “X1,” according to a Nov. 14 announcement. The network is being developed using the Polygon chain development kit (CDK) and will use zero-knowledge proofs to validate deposits and withdrawals between layers.OKX exchange interface. Source: OKXOKX is

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Decentralized Social Media Platform Lens Protocol Launches ‘V2’ Upgrade

Another feature is "Pay to read the rest" where developers can post previews of posts and then set payment options to read the entire piece, which seems to draw influence from the paid “subscriber” feature on X/Twitter. Lens "smart posts," another way to monetize content using the protocol, supports tipping,

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Singapore startup dtcpay launches retail crypto payments system with Chinese partners

Singapore-based dtcpay is launching a payment system that will use fiat and cryptocurrencies for in-store and online payments. The company mentioned Tether (USDT), Ether (ETH) and Bitcoin (BTC) in its announcement.The company is partnering with open-source blockchain PlatON for privacy-protected digital infrastructure and Allinpay International to create smart terminals and

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Lightspeed Faction launches $285M startup fund for crypto projects

Venture capital firm Lightspeed Faction has created a $285 million fund for crypto startups, according to a Nov. 9 announcement. The fund will focus on “early stage blockchain projects” and will also provide capital as these projects scale, the announcement stated.At Faction, no entrepreneur will ever have to answer: "why

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