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Elon Musk Halts Dogecoin Surge by Saying His AI Business Is ‘Not Raising Money’

DOGE surged Tuesday after an SEC filing showed xAI had already raised $134.7 million and might seek $1 billion.

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Author: Shaurya Malwa

Crypto Lending Firm Ledn Offers Low-Risk Custodied Loans

Cryptocurrency lending company Ledn is offering customers crypto-backed loans where all the assets remain locked up with a qualified custodian, as the company adapts its centralized finance approach to a post-FTX world.

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Author: Ian Allison

Crypto ETP Provider 21Shares Loses COO

Lucy Reynolds had been with the company since September 2020.

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Author: Lyllah Ledesma

Bitcoin dev Luke Dashjr calls inscriptions ‘spam,’ community members push back

Dashjr says inscriptions are exploiting a vulnerability to spam the Bitcoin blockchain, while the community insists they “will never stop.”

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Author: James Hunt

Worldcoin launches grant program, outlines decentralization plans

Worldcoin today launched a new grants program for developers while outlining plans to decentralize the network.

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Author: Ryan Weeks

Worldcoin Foundation $5M Grants Program Focuses on ‘Equitable Systems’

The grants are supposed to give developers a “focus on building resilient technology and more equitable systems.”

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Author: Margaux Nijkerk

First Mover Americas: Traders Are Turning to Ether

The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 6, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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Author: Lyllah Ledesma, Omkar Godbole

BRC-20 style tokens are spreading to chains beyond Bitcoin. But why?

Bitcoin’s workaround for creating tokens is now being used on other chains that don’t need a workaround. Here are some reasons why.

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Author: Tim Copeland

Nearly $100 million in bitcoin shorts liquidated on centralized exchanges in 24 hours

Almost $100 million in bitcoin short positions have been liquidated in the past 24 hours, according to Coinglass data.

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Author: Brian McGleenon

‘We’re still early across the board,’ says CoinFund CIO

CoinFund’s CIO discusses allocating $158 million raised for early-stage crypto startups.

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Author: Davis Quinton and Frank Chaparro


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