BitFlyer Exchange Seeks To Acquire FTX Japan
Crypto exchange bitFlyer is preparing to acquire FTX Japan, a local subsidiary of the bankrupt Sam Bankman-Fried exchange. BitFlyer, a leading Japanese cryptocurrency exchange, plans to purchase FTX Japan in a ground-breaking move. The acquisition strategy for the local subsidiary of the globally recognized but now bankrupt FTX exchange was kept confidential until recently. However, […]
LayerZero Introduces ‘Proof-of-Donation’ Claiming Mechanism
LayerZero’s ‘Proof-of-Donation’ mechanism lets users claim ZRO tokens by supporting Ethereum developers by donating to Protocol Guild. LayerZero is currently in the process of establishing a new “Proof-of-Donation” system for claiming ZRO tokens. However, by contributing $0.10 per ZRO token in USDC, USDT, or ETH, users can obtain ZRO through this system. A primary beneficiary […]
Swiss National Bank Extends Digital-Franc Pilot Two Years
The Swiss National Bank (SNB) has extended its digital-franc pilot program by two years. They evaluate performance, security, and scalability in real-world settings. The Swiss National Bank (SNB) has announced the extension of its digital-franc pilot program for another two years. This action demonstrates Switzerland’s commitment to investigating the potential of central bank digital currencies (CBDCs) and […]
Blast Ethereum-Layer 2 Airdrop Countdown Begins
The Blast L2 Airdrop is a week away, and the L2 community released a statement with crucial information about the event. In an effort to incite optimism, Blast, the Ethereum-layer 2 scaling solution, has recently revealed a post on X that provides information surrounding its upcoming Airdrop. As the event is only one week away, […]
Hong Kong To Set Special Crypto License Amid Low Tax Rate
Hong Kong plans to implement a unique licensing system for cryptocurrency-fiat conversion, leveraging its low tax rates and clear regulatory framework to attract global investors and lead Asia’s virtual asset sector. Hong Kong is preparing to implement a unique licensing system for cryptocurrency-to-fiat exchanges. This action attempts to make the city a more appealing destination for […]