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Welcome to The Node! This is Ben Schiller to take you through the latest crypto news.
In today's news: Kraken's decision to build on Optimism's OP Stack came with a big undisclosed grant from the Optimism Foundation; Animoca's huge HK headquarters; Consensys cuts 20% of workforce; Stacks activates "Nakamoto" upgrade.
The Takeaway: Enterprises should be building DePIN networks, says John Goldshmidt.