
Bridgers, a multi-chain cryptocurrency exchange platform, has announced the upcoming listing of $ZYGO token from ZygoFrog. This news follows a recent listing of USDT (XLayer) on the platform.
Key points:
- $ZYGO from ZygoFrog to be listed on Bridgers
- USDT (XLayer) recently added to Bridgers
- Platform offers cross-chain swaps for over 400 cryptocurrencies
For more information and to start trading, visit the Bridgers dApp at http://dapp.bridgers.xyz
Bitcoin Mining Hits Record Difficulty as Institutional Crypto Accumulation Continues

**Bitcoin mining difficulty reached an all-time high of 134.7T**, tightening profit margins for large operations and raising centralization concerns. However, small miners on Solo CK Pool still secured full block rewards worth over $340K each. **CFTC offshore exchange guidance faces criticism** from Centrifuge's General Counsel Eli Cohen, who called the advisory outdated and emphasized that lasting regulatory clarity must come from Congress-led unified legislation. **ARK Invest expanded crypto exposure** by purchasing 387K BitMine shares and 144K Bullish shares totaling ~$23.5M across ETFs. BitMine separately increased ETH holdings by $65M, now controlling 1.5% of supply. **Ethereum ETFs experienced outflows** for 5 consecutive days (~$1B total), with $447M on Friday alone. ETH dropped nearly 3% last week. Despite short-term weakness, major investors increased ETH holdings by 14% over 5 months, with BitMine's Tom Lee maintaining a $60K ETH price target.
Bitcoin Holds Above Six Figures as Bridgers Expands Cross-Chain Support

**Bitcoin maintains strength above $100,000** as cross-chain routing protocol Bridgers enhances its Bitcoin bridging capabilities. **Key Features:** - Finds optimal cross-chain routes for Bitcoin using aggregated liquidity - Non-custodial execution through smart contracts - No fund custody - users maintain wallet control **Supported Bitcoin Wallets:** - TokenPocket, Unisat, Ctrl Wallet, OKX Wallet - SafePal, imToken, OneKey, Bybit Web3, Bitget Wallet **How It Works:** - Scans DEXs and bridges for best routes - Users authorize transactions - Smart contracts execute on-chain Bridgers operates as a routing protocol rather than a traditional exchange, allowing users to move Bitcoin across chains while maintaining full custody of their assets. [Try Bridgers](http://dapp.bridgers.xyz)
Hong Kong Stablecoin License Race Heats Up

**Hong Kong's monetary authority plans selective stablecoin licensing approach** The Hong Kong Monetary Authority (HKMA) will issue only a **limited number of stablecoin licenses** in its initial phase, despite receiving 77 applications from major financial institutions. **Key applicants include:** - HSBC - ICBC (Asia) - Bank of China (Hong Kong) - Standard Chartered **Industry frontrunners identified** Market insiders suggest **Standard Chartered and Bank of China (Hong Kong)** are positioned as leading candidates for first-round approvals. This selective approach indicates Hong Kong's cautious but strategic entry into regulated stablecoin markets, prioritizing established banking relationships over broad market access.
Community Check-in: September 8th Morning Greeting
The SWFT AllChain Bridge community continues its daily tradition with another **gm frens** greeting on September 8th, accompanied by the sun emoji. This marks the latest in a consistent pattern of morning greetings that have been shared regularly since February. The community maintains its friendly, casual tone with variations between "gm gm" and "gm frens" formats. - Weather emojis range from sunny ☀️ to partly cloudy 🌤️ - Coffee ☕ occasionally appears in the greetings - The sun with face 🌞 emoji appears periodically for variety The consistent daily engagement demonstrates an **active and committed community** that values regular connection and positive energy to start each day.
Japan Proposes Stricter Crypto Oversight Under Securities Framework

Japan's Financial Services Agency (FSA) has recommended **moving crypto oversight** from the Payment Services Act to the stricter **Financial Instruments and Exchange Act**. **Key changes:** - Stronger investor protection measures - Alignment with traditional securities frameworks - Enhanced regulatory oversight **Problems being addressed:** - Poor disclosure practices - Unregistered operations - Fraudulent activities This regulatory shift would bring digital assets under the same strict rules that govern traditional securities, marking a significant tightening of Japan's crypto regulatory landscape.