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

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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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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Crypto ETP Provider 21Shares Loses COO

Lucy Reynolds had been with the company since September 2020.

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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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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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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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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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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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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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‘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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