- Out of steam. Steemit, the company that runs the steemit.com open-source platform and contributes to the Steem blockchain, is laying off
70% of its team due to market conditions (it financed itself by automated sales of STEEM tokens). Not the first, not the last.
- OTC. Coinbase launched
an OTC trading desk earlier this month.
- M&A. Coingeek's mining assets are getting acquired
by Canada-listed Squire, producer of ASIC chips and mining rigs, for C$60M, making it the largest, publicly traded Bitcoin miner globally (at least until Bitmain's IPO).
- #DeFi meetup. If you are in Berlin on Thursday this week our friends from Centrifuge, D1 Labs and Gnosis are throwing
a nice get together on all things Defi at the new Cherry Ventures offices.