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.
Crypto Exchange Upbit is Delisting Litecoin
Upbit, one of the largest crypto exchanges in South Korea, has warned users about the delisting of Litecoin on June 20.
Felix Capital Attracts $600M to Support Web3 Projects
British venture capital firm Felix Capital has raised $600M for a Web 3.0-focused investment fund.
Alameda Research and Three Arrows Capital Invest in Decentralized Exchange Orderly Network
Orderly Network, a decentralized exchange powered by NEAR, has attracted $20 million from strategic investors.
1inch Network Integrates Opium Protocol’s Liquidity Pools
DeFi project 1inch Network has just integrated the liquidity pools of the cryptocurrency derivatives platform Opium Protocol into its decentralized application.
Citadel Securities to Create Ecosystem for Trading Cryptocurrencies
Market maker Citadel Securities, a subsidiary of hedge fund Citadel, has plans to create an “ecosystem” for trading cryptocurrencies.
Volume of Venture Financing of DeFi Sector Fell to $176.3M Last Month
The total volume of decentralized finance-focused venture capital deals amounted to $176.3 million last month.
