Long-running litigation concerning Tezos’ status as a security is still in progress, according to a lawyer in the project’s community. Alex Liu of Tezos Commons has indicated that a federal lawsuit has not yet ended, contrary to widespread suggestion.

Unicorns, companies that have crossed the $1 billion valuation mark, are a rare breed. Even more so in crypto. Here’s a list of the 10 most valuable blockchain companies.

Blockchain and crypto startups make up just a small fraction of unicorn companies, a category that includes any company with a valuation of $1 billion or more. It’s an exclusive club: the Hurun Research Institute suggests that just under 500 companies around the world fall into the category. Even fewer crypto companies make the list.

Bitcoin’s lack of widespread acceptance by merchants and use by shoppers isn’t just because of the perceived technological barriers and a lacking ecosystem. Tax complications also plague would-be BTC spending.

Three popular narratives have developed to explain why Bitcoin isn’t being used more widely to buy and sell goods and services. One is the relatively small number of outlets ⁠— online and offline ⁠— that accept Bitcoin and other cryptocurrencies as payment. That is due to a lack of infrastructure and the complexities of off-ramping from crypto to fiat.

Cardano Foundation and COTI released AdaPay, a solution allowing merchants to accept ADA and receive fiat on their bank accounts.

• Monero has a bearish short-term and medium-term trading bias
• The four-hour time frame shows that a bullish inverted head and shoulders pattern has been triggered
• The daily time frame shows the cryptocurrency has bounced from major trendline support

Monero has posted double-digit gains following a strong bullish reversal from $45.00. The cryptocurrency is now attempting to recover from an eight-month trading low.

Bitcoin continues to advance on Thursday, following yesterday’s surge above $7,500. Traders quickly brushed aside the news of the UpBit exchange hack, and focused on more positive developments such as fresh record trading volumes on Bakkt’s Bitcoin futures exchange.

BlockFi has increased its high-yielding tier levels for Bitcoin and Ether, suggesting institutional interest in borrowing crypto is rising.

BlockFi announced yesterday that it is making changes to its most lucrative tier one lending offerings. The company doubled the deposit limits for its Bitcoin and Ethereum balances, now amounting to 10 BTC and 1,000 ETH respectively. The changes will take effect from Dec. 1. 

Stable CPU prices might combat network overload.

Dan Larimer has proposed a new resource allocation model that will combat network congestion on EOS. If the proposal is successful, it will give dApp developers better access to the bandwidth resources that they need to operate their apps. In particular, the change should make CPU and NET resources available at a more stable price.

The IDAX CEO has allegedly run off with the cold wallet of the exchange, all employees have left or have been fired, and the platform’s token dropped to $0.

DeFi Boom Becomes Dangerous as CDPs Trigger Memories of CDOs

DeFi has become a flagship use case for blockchain technology. By offering asset management, borrowing, lending, and remittance services without intermediary parties, DeFi is moving to shake up the traditional financial services industry. However, the increasing popularization of leverage instruments threatens the health of the market.