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GEM Digital commits $50M to ParallelChain Lab for L1 protocol development

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As a proof-of-stake layer-1 protocol, ParallelChain intends to deliver an architecture that operates in confidentiality while allowing to validate transactions.

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Bitcoin ETFs shed $1.3B in biggest weekly outflow since late June

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Investors pulled a net $1.21 billion from BlackRock’s IBIT last week as Bitcoin fell below $76,000 and US technology stocks sold off.

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Zcash devs propose another block time cut days after NU7 upgrade

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The proposed reduction aims to shorten transaction confirmation times and improve the user experience for point-of-sale payments, exchange deposits and cross-chain swaps.

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tBTC bridge partially resumes as $120M Aave reserve remains frozen

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Threshold halted its tBTC bridge on Oct. 30 as operators addressed a critical Linux kernel vulnerability that could allow attackers to execute code on unpatched servers.

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