Fantom (FTM) Now Available on Bridgers Platform

🌉 Fantom Joins The Party

By Bridgers
Jan 13, 2025, 6:46 PM
twitter
News article
Photo by Bridgers

Bridgers continues expanding its cross-chain capabilities with new token integrations:

  • Fantom (FTM) is now live for swaps
  • Decentraland (MANA) added for metaverse exposure
  • Ethereum (ETH) integration completed
  • Platform now supports 400+ cryptocurrencies

These additions strengthen Bridgers' position as a comprehensive cross-chain swapping solution.​ Users can access these tokens through the dapp interface at dapp.​bridgers.​xyz.​

Sources
Read more about Bridgers

🏦 Japan Banks Crypto Revolution

🏦 Japan Banks Crypto Revolution

Japan's Financial Services Agency (FSA) is preparing **major crypto reforms** that could transform how banks interact with digital assets. **Key Changes:** - Banks can trade, hold, and offer cryptocurrencies like traditional securities - Banks allowed to register as crypto exchanges - Retail investors gain access through trusted banking institutions - Stricter insider trading rules implemented This represents a significant shift in Japan's approach to cryptocurrency regulation, potentially making digital assets more accessible to mainstream investors through established financial institutions. The reforms could position Japan as a leader in crypto-banking integration.

💥 Bitcoin Liquidation Chaos

💥 Bitcoin Liquidation Chaos

**Bitcoin dropped below $106K** following the largest liquidation event in crypto history, with **over $19 billion wiped out in hours**. **Market volatility highlights:** - Massive sell-off triggered widespread liquidations - Bitcoin fell from recent highs above $112K - Markets experiencing extreme volatility **Bridgers response:** - Routing engine supports **400+ cryptocurrencies** across **50+ chains** - Designed to secure best rates even during peak volatility - Non-custodial protocol maintains user control during market chaos The event demonstrates the importance of having reliable cross-chain infrastructure when markets move rapidly. [Try Bridgers](http://dapp.bridgers.xyz)

Bank of Japan Signals Continued Rate Hikes if Economic Trends Hold

Bank of Japan Signals Continued Rate Hikes if Economic Trends Hold

**Bank of Japan Deputy Governor Shinichi Uchida** announced the central bank will continue raising interest rates if current economic growth and inflation trends remain on track. - The BOJ's hawkish stance represents a **significant shift** from years of ultra-loose monetary policy - Top bankers and economists expect a rate hike in **Q4 2025** - Rising rates could boost the **appeal of yen and yen-backed assets** This policy direction marks Japan's gradual move away from negative interest rates, potentially impacting global markets and crypto flows as investors reassess risk-free returns in traditional assets.

🚨 Binance's $400M Recovery Plan

🚨 Binance's $400M Recovery Plan

**Binance launches massive $400M recovery initiative** following pricing errors and user backlash: - **$300M in user compensation** + $100M for institutional loans - Response to $ATOM $0.001 glitch and other pricing failures - Platform reverses manual data edits, promises transparency improvements **U.S. becomes Bitcoin whale** with record $15B seizure: - Confiscated 127,271 BTC tied to fraud cases - Would own 324,000+ BTC ($36B) if held in reserves - Largest crypto seizure in history **DeFi reliability questioned** after Lighter DEX crash: - 4.5-hour outage caused $7M in trader losses - Database failure during market volatility - Platform offering refunds and reward points **S&P Global brings ratings on-chain** via Chainlink partnership on Base Layer2, covering USDT, USDC, and DAI with transparent risk metrics. **Tether settles $299.5M** in Celsius bankruptcy case, strengthening regulatory relationships.

U.S. Retirement Investment Choice Act Officially Enacted, Transforming American Retirement Planning

U.S. Retirement Investment Choice Act Officially Enacted, Transforming American Retirement Planning

The **U.S. Retirement Investment Choice Act** has been officially enacted, representing a significant shift in American retirement planning. This legislation builds on previous developments, including President Trump's executive order that opened doors for **cryptocurrency inclusion in 401(k) plans**. Key implications: - Americans gain expanded investment options for retirement accounts - Potential integration of digital assets into traditional retirement portfolios - Major transformation in how citizens can plan their financial futures The act marks a **watershed moment** for the intersection of traditional finance and emerging digital assets in retirement planning.

DeFiExchanges