Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy

News

Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

Flash
  • 21:05
    Eigen Labs lays off 25% of staff following strategic shift in EigenCloud product direction
    According to Jinse Finance, Eigen Labs has laid off 29 employees due to a shift in the direction of its EigenCloud product. Launched last month, this product is a developer platform focused on both off-chain and on-chain verification. As part of the announcement at that time, a16z revealed a $70 million investment. The company has raised a total of $220 million, including $50 million from its Series A round in 2023. A spokesperson for Eigen Labs stated that the decision to lay off staff (affecting 25% of employees) was not financially motivated, and the project still has sufficient financial runway.
  • 20:23
    The three major U.S. stock indexes closed mixed
    According to Jinse Finance, the three major U.S. stock indexes closed mixed, with the Dow Jones down 0.37%, the Nasdaq up 0.03%, and the S&P 500 down 0.07%. Major tech stocks also showed mixed performance: Nvidia and Tesla rose more than 1%, while Netflix, Google, and Amazon fell more than 1%.
  • 20:02
    Upexi's SOL Holdings Surpass 735,000 Tokens as It Seeks to Enter the Tokenized Equity Sector
    BlockBeats News, July 8—According to The Block, Upexi is a company that has incorporated Solana into its corporate treasury assets. The company stated that as of the end of June, it held 735,692 SOL, representing an 8.2% increase compared to May. Since investors filed to sell millions of shares, Upexi’s stock price has dropped by about 60% and has remained below $4 per share since then. Last month, the stock briefly surged above $15, but quickly retreated. Upexi is one of the few companies attempting to replicate the successful treasury strategy of MicroStrategy, which centers on Bitcoin, but Upexi’s focus is on altcoins such as Solana. MicroStrategy’s stock price has soared alongside the rise in Bitcoin’s price. Other companies adopting a Solana accumulation strategy include DeFi Dev Corp and Canada’s SOL Strategies.
News