U.S. Bank has relaunched its #Bitcoin custody service, including support for ETF, after a four-year pause. The move, enabled by eased regulatory rules, brings traditional finance deeper into the #Crypto ecosystem through a strategic partnership with NYDIG.
- 0 replies
- 0 recasts
- 0 reactions
In the world of cryptocurrency, emotions often drive market trends before logic. "Celebrity coins" are a phenomenon in this vein. They rely on the massive traffic generated by celebrities. Ever since Elon Musk's tweet sent Dogecoin soaring, the market has come to believe that "fame equals value." Consequently, a growing number of musicians, athletes, fashion brands, and even politicians have taken the plunge, launching tokens bearing their names or brands. This quickly ignites market sentiment and triggers waves of hype.
- 0 replies
- 0 recasts
- 0 reactions
LayerZero's airdrop utilizes an innovative "proof of donation" claiming mechanism. Unlike typical airdrops, which simply give out free tokens, LayerZero requires users to donate $0.10 per ZRO token to the Protocol Guild, which supports Ethereum core developers. In July 2023, security firm CertiK warned users to be wary of fake airdrop campaigns promoted by accounts impersonating Layer Zero on Platform X. When users clicked on the relevant link, they were directed to a phishing website impersonating the official LayerZero website.
- 0 replies
- 0 recasts
- 0 reactions