Blockchain news in primitive style. By Bing.
Latest Blockchain News as of Dec. 6, 2023:
Major Market Movements:
- Bitcoin: Surpassed $42k for the first time since May 2022, driven by short liquidations and investor optimism. (Source: CoinDesk, Dec 3)
- DeFi: Total value locked reached $50 billion, suggesting a rebound in the decentralized finance sector. (Source: CoinDesk, Dec 5)
- NFTs: ORDI token, a BRC-20 stablecoin, broke the $1 billion market cap barrier. (Source: CoinTelegraph, Dec 5)
- Altcoins: BIGTIME and ORDI tokens led nearly $250 million in altcoin liquidations. (Source: CoinDesk, Dec 5)
Other Notable News:
- Binance: May face peak US crypto enforcement cases, according to CFTC official. (Source: Forbes, Dec 5)
- CBDCs: Mastercard and Singapore announced pilot programs for central bank digital currencies. (Source: Cointelegraph, Dec 5)
- QANPlatform: Secured $15 million from Qatar's MBK to develop quantum-resistant blockchain solutions. (Source: CoinDesk, Dec 5)
- Uniswap: Institutional crypto trading platform Talos integrates with Uniswap's liquidity pools. (Source: Cointelegraph, Dec 5)
- JPMorgan: Sees tentative signs of revival in DeFi and NFT markets. (Source: CoinDesk, Dec 4)
- Bitcoin Futures ETF: Breaks 2021 record highs for assets under management. (Source: Cointelegraph, Dec 4)
- Genesis BBQ: Expands to Vietnam, aiming to make it a Southeast Asian hub for blockchain technology. (Source: Blockchain News, Dec 4)
- DOJ: Seeks over $4 billion from Binance amidst ongoing legal challenges. (Source: Forbes, Dec 3)
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