BlockFi Plans to Lay Off 1/5 of its Workforce
Cryptocurrency lending platform BlockFi has announced it plans to lay off about 20% of its 850 employees.
Bitcoin Hashrate Reaches an All-time High
The hashrate of the Bitcoin network reached a new all-time high at around 231 EH/s on June 11.
Nexo Offers to Buy Out Celsius Loan Portfolio
Cryptocurrency lending platform Nexo has announced it is ready to buy out a loan portfolio from its competitor Celsius.
VanEck CEO Predicts Bitcoin Will Grow to $250,000
Jan Van Eck, CEO of Asset Manager VanEck, has predicted in an interview with Barrons that the price of Bitcoin will hit $250,000.
Jack Dorsey’s Company TBD Introduces Concept Web5 Platform
TBD has introduced the concept of a decentralized open source platform Web5.
Cross-chain Project Hop Protocol Airdrops Governance Tokens
The developers of cross-chain bridge Hop Protocol airdropped on the night of June 10 HOP governance tokens to bring the project under control of the decentralized organization Hop DAO.
