Summary
- The Bitcoin-based liquidity protocol VELAR announced that it has undergone rebranding with a new logo.
- The rebranding aims to strengthen leadership within the Bitcoin DeFi industry.
- It was reported that the BTC price has recently shown a decline of 3.86%.
According to the cryptocurrency-focused media U.Today on the 7th (local time), the Bitcoin (BTC)-based liquidity protocol VELAR has undergone a visual rebranding.
As part of the rebranding, VELAR unveiled new logos in two versions: blue and orange. The blue logo symbolizes the strengthening of leadership within the Bitcoin DeFi industry, while the orange logo incorporates the symbolic color of Bitcoin.
Meanwhile, BTC is trading at $97,979.58, down 3.86% from the previous day, as of 00:38 on the 8th in the Binance Tether (USDT) market.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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