🪙 Crypto and Blockchain News (November 8, 2023):

1️⃣ X: #binance has released its first #web3 wallet. The wallet operates using multi-party computation (MPC) technology, eliminating the need for users to memorize seed phrases. The private key is divided into three parts known as key shares, with the wallet owner having control over two out of the three shares, rather than relying on third-party providers. 🔒 Convenient and secure!

2️⃣ Trustwallet: Trust Wallet, owned by Binance, has announced a new service called Wallet as a Service (WaaS)! Corporate clients can now launch decentralized applications (dApps) with the help of WaaS. This new WaaS service is designed for a wide range of customers, from centralized cryptocurrency exchanges (CEX) to startups and traditional companies. 💼🌍

3️⃣ The Block: Evmos team has made an important decision to solely focus on #evm technology, abandoning Cosmos transactions! 🌌🔒 This move will enhance development efficiency and eliminate the need to support two transaction formats.

4️⃣ Vedomosti: "Machinery & Industrial Group N.V." holding from Chuvashia has obtained a 200 million ruble loan, "wrapped" in digital financial assets (DFA). This was revealed by Denis Iordanidi, the CEO of the "Lighthouse" platform. 📰📈 The digitization of financial operations is one of the major directions of modern economic development!

5️⃣ X: Startup Nil Foundation has introduced zkSharding, a solution that combines ZK-Rollups with sharding technology. This innovative approach to scaling allows multiple shards to be merged into a single execution layer (L2). 🧩 This modular and monolithic architecture is suitable for dApps with high data usage.

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