The Block
Quick Take LayerZero has clarified that it will launch a token. It anticipates doing so in early 2024.
Quick Take CoinFund CIO Alex Felix discusses allocating $158 million raised for early-stage crypto startups.
Quick Take The news comes after an initial ruling that Zhao could not return to the UAE, pending a further review.
Quick Take The new bill would allow the Treasury Department to identify foreign financial institutions and foreign digital asset companies that knowingly facilitate transactions for Hamas and other groups, and then sanction them.
Quick Take The TON blockchain slowed to just 1 transaction per second, with millions of transactions waiting in a queue. Bitcoin Ordinals-inspired inscriptions, launched on Monday, have been blamed for the delays.
Quick Take Republican presidential candidate Vivek Ramaswamy, who unveiled his own crypto plan in front of the Texas Blockchain Council last month, was asked on Wednesday about his thoughts on recent developments.
Quick Take Early-access launch follows last month’s nine-day “priority migration” period, where existing v0.1 stakers could transition their staked LINK and rewards to the new version. Eligible participants now have the opportunity to stake up to 15,000 LINK.
Quick Take Terraform Labs co-founder Do Kwon will be extradited to the U.S. from Montenegro, according to The Wall Street Journal, which cited anonymous sources. Montenegro’s Justice Minister told people of his plans in private meetings, the paper said.
Bitcoin traded lower on Thursday as Wall Street showed caution ahead of Friday’s U.S. jobs report.
Quick Take Meanwhile Advisors has launched a bitcoin private credit fund. The fund seeks to raise $100 million and provide institutional investors access to bitcoin with an additional targeted 5% bitcoin-denominated yield.
