The post LinkedIn co-founder Reid Hoffman acquires CryptoPunk PFP appeared on BitcoinEthereumNews.com. Key Takeaways LinkedIn co-founder Reid Hoffman acquired and displayed a CryptoPunk NFT as his profile picture. Hoffman’s move signifies growing interest and participation in crypto among leading tech figures. LinkedIn co-founder Reid Hoffman recently acquired a CryptoPunk NFT and updated his profile picture to showcase the digital collectible from one of crypto’s most recognized collections. Hoffman, a tech investor and entrepreneur, has been actively experimenting with crypto projects and communities. His adoption of a CryptoPunk profile picture signals his growing engagement with blockchain culture alongside other prominent tech leaders. CryptoPunks represent a pioneering NFT collection that has fostered vibrant communities in the blockchain ecosystem. The collection consists of 10,000 unique pixel art characters that became one of the earliest examples of profile picture NFTs. Prominent entrepreneurs are increasingly participating in crypto through various experiments and community involvement, highlighting continued interest in blockchain applications despite market fluctuations. Source: https://cryptobriefing.com/reid-hoffman-cryptopunk-profile-picture/The post LinkedIn co-founder Reid Hoffman acquires CryptoPunk PFP appeared on BitcoinEthereumNews.com. Key Takeaways LinkedIn co-founder Reid Hoffman acquired and displayed a CryptoPunk NFT as his profile picture. Hoffman’s move signifies growing interest and participation in crypto among leading tech figures. LinkedIn co-founder Reid Hoffman recently acquired a CryptoPunk NFT and updated his profile picture to showcase the digital collectible from one of crypto’s most recognized collections. Hoffman, a tech investor and entrepreneur, has been actively experimenting with crypto projects and communities. His adoption of a CryptoPunk profile picture signals his growing engagement with blockchain culture alongside other prominent tech leaders. CryptoPunks represent a pioneering NFT collection that has fostered vibrant communities in the blockchain ecosystem. The collection consists of 10,000 unique pixel art characters that became one of the earliest examples of profile picture NFTs. Prominent entrepreneurs are increasingly participating in crypto through various experiments and community involvement, highlighting continued interest in blockchain applications despite market fluctuations. Source: https://cryptobriefing.com/reid-hoffman-cryptopunk-profile-picture/

                                                                               Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle.                     Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.“The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,” the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back to the company.Read more