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StarkNet Foundation Set to Allocate 1.8B STRK Tokens for User Rebates and Provisons’ Committee

StarkNet Foundation Set to Allocate 1.8B STRK Tokens for User Rebates and Provisons’ Committee

Source: Starknet The Starknet Foundation has unveiled plans to distribute 1.8 billion STRK token rewards and rebates to drive the adoption and growth of the Starknet blockchain. While specific distribution plan details are not provided, the Foundation intends to involve various committees to oversee the overall allocation of the L2 tokens. In a December 8 …

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Binance Founder CZ to Remain in the US Until Sentencing

Binance Founder CZ to Remain in the US Until Sentencing

A United States district judge has ruled that Changpeng Zhao (CZ), the founder and former CEO of the world’s largest cryptocurrency exchange Binance, will remain in the country until his sentencing on February 23, 2024. According to an official document, Judge Richard Jones agreed with the U.S. government that CZ’s return to his home in …

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El Salvador Partners Tether to Launch Freedom Visa On Bitcoin and USDT Investment

El Salvador Partners Tether to Launch Freedom Visa On Bitcoin and USDT Investment

El Salvador Bitcoin. Source: RawBeautyPixels/Adobe El Salvador has announced a citizenship-by-investment scheme powered by Tether, the company behind stablecoin, USDT that allows people to acquire citizenship through Bitcoin (BTC) and USDT investments. The stablecoin issuer disclosed the partnership in a Dec 7 press release rolling out the El Salvador Freedom Visa Program where people can …

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Only Criminals Have A Real Use For Bitcoin, According To Jamie Dimon

Only Criminals Have A Real Use For Bitcoin, According To Jamie Dimon

JPMorgan Chase CEO Jamie Dimon attacked Bitcoin and other cryptocurrencies on Wednesday, suggesting that they’re only useful for criminals and may as well be banned. “If I were the government, I’d close it down,” Dimon said of the crypto industry during remarks on Capitol Hill on Wednesday. Bitcoin, Banks, and Crime Dimon was one among …

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Where and How to Buy Retik Finance (RETIK)? – Beginners guide

Where and How to Buy Retik Finance (RETIK)? – Beginners guide

Introduction Retik Finance is not just another cryptocurrency; it’s a platform that aims to seamlessly integrate cryptocurrencies into the global payment ecosystem while providing users with enhanced speed, convenience, safety, and security. If you’re new to Retik Finance and want to buy RETIK tokens, this beginner’s guide will walk you through the process step by …

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Former Binance CEO CZ’s Guilty Plea Accepted by US Judge

Former Binance CEO CZ’s Guilty Plea Accepted by US Judge

Source: DALL·E Changpeng Zhao, former CEO of Binance known as CZ, had his guilty plea accepted by a U.S. judge in a case involving anti-money laundering (AML) regulations. According to a recent court filing in the U.S. District Court for the Western District of Washington in Seattle, Judge Richard Jones officially accepted Zhao’s guilty plea. …

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Celsius Creditors May Get “Rug Pulled” Due To Rising Crypto Prices: Analysis

Celsius Creditors May Get “Rug Pulled” Due To Rising Crypto Prices: Analysis

Though most crypto investors have good reason to be optimistic this week, Celsius creditors may be in for a bad deal if digital asset prices continue to climb. The bankrupt crypto lending firm may soon be able to pay its cash-based debts simply by liquidating its newly profitable Bitcoin (BTC) and Ethereum (ETH) holdings alone. …

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Robinhood’s Crypto Trading Volumes Surge 75% in November

Robinhood’s Crypto Trading Volumes Surge 75% in November

Cryptocurrency trading volumes on Robinhood experienced a significant increase in November by approximately 75% above the levels recorded in October, based on early results disclosed by the company. However, equity trading volumes and options contracts traded in November remained relatively consistent, aligning with the levels observed in October, according to a Form 8-K filing submitted …

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Tether’s Bitcoin Strategy Pays Off Big: $1.1 Billion Profit Amid Price Surge

Tether’s Bitcoin Strategy Pays Off Big: $1.1 Billion Profit Amid Price Surge

In a week that saw Bitcoin surging to an impressive $42,000, Tether, the company behind the world’s largest stablecoin, witnessed a substantial increase in the value of its BTC holdings, resulting in a staggering unrealized profit of over $1 billion. Since May 2023, Tether has amassed 4,083 BTC. Tether’s Bitcoin Holdings Soar According to data …

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Lead Glassnode Analyst Expects Bitcoin Pump to “Correct” After Rally to $44k

Lead Glassnode Analyst Expects Bitcoin Pump to “Correct” After Rally to $44k

Source: prokop.photo/Adobe Can Bitcoin (BTC) sustain its bullish price momentum this week? Not for long according to James Check – lead on-chain analyst at Glassnode. The leading cryptocurrency exploded to $44,400 on Tuesday, marking a new yearly high up 16.5% from 7 days prior. Yet despite his long-term optimism on the asset, Check said he’d …

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