Crypto News

Latest Crypto News

Digital Asset Brokerage Nonco Raises $10M Seed Funding Led by Brian Brook’s Valor Capital and Hack VC

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Chainlink Staking Program Quickly Pulls in $600M, Hitting Limit; LINK Jumps 12%

The blockchain-oracle project’s “v0.2” staking program expanded the capacity to 45M LINK tokens from 25M, and the portion reserved for the community quickly filled up. The LINK token surged in price. Source link

LayerZero Confirms Airdrop Plans, Boosting Some Ecosystem Projects

As of Friday, LayerZero has not outright mentioned how it intends to reward users for using its network. However, popular strategies include merely interacting with LayerZero-based platforms by using their services, such as borrowing, trading or lending. Source link

Starknet Foundation to Allocate 1.8B STRK Tokens 'Soon'

Starknet said 900 million STRK are earmarked for the foundation’s Provisions Committee, and 900 million will be dedicated to user rebates. Source link

Bitcoin Price (BTC) Dips as U.S. November Job Growth of 199K Tops Estimates

The price of bitcoin (BTC) fell about 0.5% in the minutes following Friday morning’s release to $43,500. In traditional markets, interest rates are shooting higher, with the 10-year U.S. Treasury yield up 8 basis points to 4.24%. U.S. stock index futures have turned lower, the Nasdaq 100 off 0.7%. Source link

First Mover Americas: Binance Withdraws an Abu Dhabi License Application

The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 8, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Source link

Bitcoin (BTC) Halving Is Poised to Unleash Darwinism on Crypto Miners

Historically, the event has increased bitcoin prices exponentially, creating generational wealth for investors – but a presenting challenge for the miners that actually create BTC. During the third halving, which occurred in 2020, bitcoin’s price went from around $8,500 to nearly $18,000 within a few months, while the reward for successfully mining a block was…

El Salvador Could Rake In $1B Bitcoin Investment per Year With New ‘Freedom VISA’

The country’s treasury owns just over 2,700 bitcoin (BTC), which has yielded over $3 million in unrealized profit so far. Source link

Crypto Exchange Binance Ends Abu Dhabi License Application: Reuters

Bipartisan Anti-Crypto Terror Financing Bill Heads to U.S. Senate

“The Terrorist Financing Prevention Act of 2023, introduced by the Senators, aims to prevent Foreign Terrorist Organizations and their financial enablers, including those using digital assets, from accessing U.S. financial institutions, imposing sanctions and strict regulations to counteract these activities,” the bill reads. Source link