Global #Blockchain

Bitfarms, a publicly traded Bitcoin mining company, is at the forefront of the global decentralized financial economy. Established in 2017 and based in Toronto, Canada, Bitfarms stands out by leveraging hydroelectric power for its blockchain computing centers, demonstrating a commitment to environmentally conscious Bitcoin mining.

Friend.tech, the decentralized social media platform that has rapidly gained popularity on the Base network, recently announced its ambitious expansion into the blockchain realm with the development of its proprietary blockchain, Friendchain.

The cryptocurrency market experienced a significant sell-off following the release of unexpected U.S. employment data, showing a substantial increase in new jobs in May. This unexpected figure, far exceeding predictions, sparked concerns about potential interest rate hikes and a subsequent strengthening of the U.S. dollar.

Bakkt Holdings, a cryptocurrency platform backed by the New York Stock Exchange (NYSE), is reportedly contemplating a sale as it navigates the dynamic crypto environment. According to insiders, the company has enlisted advisors to explore various options, including selling part or all of its business.

It's uncommon for Litecoin (LTC) to surpass Ethereum (ETH) in any metric. However, on June 6, the number of active addresses on Litecoin's network surged dramatically by 75%.

VeChain (VET), priced at $0.03389 with a trading volume of $50,880,818.66 over the last 24 hours, has seen a slight uptick of 0.21% in its price within the day, although it has decreased by 5.52% over the week. Despite these market fluctuations, VeChain has unveiled significant advancements.