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LayerZero Labs Clarifies on Social Media That There Will be a Native LayerZero Token | Cryptocurrency Trends

Jarseed, Bitget Research
2023/12/08
LayerZero Labs Clarifies on Social Media That There Will be a Native LayerZero Token | Cryptocurrency Trends

1.Mainstream Exchange Trends:

  • Binance lists Jito (JTO) on December 7, 4:30 PM.
  • Bitget lists the JTO/USDT trading pair on December 7, 4:00 PM.
  • Upbit lists the AXL/BTC trading pair, with trading to open on December 8, 6:00 PM.
  • OKX Jumpstart introduces Fusionist (ACE).
  • Coinbase lists Jito (JTO).

2.Cryptocurrency Trends:

  • LayerZero Labs clarifies on social media that there will be a native LayerZero token. The team will work to get the distribution of the tokens right and expects to do so within H1 2024.
  • Binance's investment arm, BV Investment Management, withdraws its application for a license from the Abu Dhabi Financial Services Regulatory Authority.
  • Ethereum Upgrade Meeting: The target for the Dencun upgrade is January 2024, and a date for the Goerli fork is expected to be set early in the year.
  • Bitcoin Lightning Network's Nostr Assets Protocol announces its fair mint rules. Of the total of 21,000,000 NOSTR tokens, 18,900,000 will be allocated for the fair mint event. Phase 1 will begin on December 11, and subsequent phases will be announced later.
  • Sotheby's digital art department announces that it will auction off works from Bitcoin Ordinals project BitcoinShrooms, designed by anonymous artist Shroomtoshi.
  • Atomicals proposes an ARC-20 token split program to break through Bitcoin dust limits to achieve high-precision transactions.
  • Crypto-friendly brokerage Robinhood sets sights on launching commission-free crypto trading in the EU, a week after debuting its brokerage service in the UK.
  • Safe (formerly Gnosis Safe), a modular smart account infrastructure, announces the launch of Safe{RecoveryHub}, a smart account recovery solution. By partnering with Sygnum Bank, a Swiss digital asset bank, and Coincover, a UK-based digital asset protection and insurance provider, the Safe{RecoveryHub} m arketplace offers a suite of custom recovery options to meet the diverse needs and preferences of the digital asset community.

3.Financing Trends:

  • Babylon, a Bitcoin staking protocol, raises US$18 million in a funding round led by Polychain Capital and Hack VC, with participation from Framework Ventures, ABCDE Capital, IOSG Ventures, Polygon Ventures, and OKX Ventures.
  • Swan, a Bitcoin financial services company, announces it has raised US$165 million in equity financing in 2023, with US$125 million for private equity and venture investments and US$40 million for expansion into institutional products such as Bitcoin-backed lending.
  • Sindri, a ZK infrastructure platform, raises US$5 million in seed round funding led by CoinFund.
  • OKX Ventures announces an undisclosed investment in StarryNift, a gamified metaverse co-creation platform.
  • Sona, a Web3 streaming protocol, raises US$6.9 million in seed round funding with participation from Polychain Capital, Haun Ventures, and Rogue Capital.

4.Regulatory Trends:

  • The UK's Financial Conduct Authority (FCA) places crypto exchange Poloniex on its warning list, stating that Poloniex may be promoting financial services or products without permission.
Disclaimer: This content includes third-party opinions, and we do not guarantee its accuracy. Cryptocurrency prices are highly volatile, so please conduct your own research and make judgments accordingly.