1. 7 Crypto Startups to join Mastercard's Fintech Innovation Program

📰 Mastercard announces that it’s welcoming seven new startups into its global startup engagement program, Mastercard Start Path

📰 Since 2014, Mastercard Start Path has seen applications from over 1,500 startups every year and the program has helped more than 350 businesses attract well over $3.5 billion in funding

📰 This year’s cohort included 7 companies from 5 different countries. From the US, there’s Web3 payments company Loot Bolt, a crypto privacy and compliance firm called Quadrata, and Uptop, which uses blockchain tech to help brands personalize their consumer experience. 

https://decrypt.co/113455/mastercard-welcomes-7-crypto-blockchain-startups-to-fintech-innovation-program

2. Google Cloud is running a Validator on Solana Blockchain

📰 Google's cloud computing division Google Cloud announced on Saturday that it’s now running a validator on the Solana blockchain, and will soon add features aimed at welcoming Solana developers and node runners.

📰 Solana ( SOL) rose 12% on the news, changing hands at around $36.80 at time of publication.

https://decrypt.co/113632/google-cloud-just-became-a-solana-validator

3. Twitter Reportedly Halts Work on Crypto Wallet

📰 Social media platform Twitter has halted its plans to build a crypto wallet as part of ongoing changes kick-started last week by its new owner, Elon Musk

📰 $DOGE's price dropped almost 10% in the aftermath of the news.

https://www.coindesk.com/business/2022/11/04/twitter-halts-work-on-crypto-wallet-report-dogecoin-drops-4/

4. Canada to examine crypto, stablecoins and CBDCs in new budget

📰 The Canadian federal government is set to launch a consultation on cryptocurrencies, stablecoins and CBDCs as revealed in its new mini-budget

📰 The government issued a statement stating that the rise in cryptocurrencies and money digitalization is “transforming financial systems in Canada and around the world” and the country’s financial system regulation “needs to keep pace.

📰 The government opined that money digitalization “poses a challenge to democratic institutions around the world,” highlighting cryptocurrencies’ use in sanctions avoidance and illicit activity financing both domestically and abroad.

https://cointelegraph.com/news/canada-to-examine-crypto-stablecoins-and-cbdcs-in-new-budget

5. Moonvember kicks off with sweeping staff layoffs across crypto

📰 Crypto companies have been forced to reduce headcount in order to stay nimble amid the bear market. Some, however, have done the opposite, opening up offices in new locations and markets.

📰 It comes a few weeks after multiple high-level executives, such as OpenSea’s former chief financial officer, Kraken’s co-founder Jesse Powell and Ripple Labs’ engineering director, have all made headlines for either exiting or stepping down from their roles in the space.

https://cointelegraph.com/news/moonvember-kicks-off-with-sweeping-staff-layoffs-across-crypto

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