🪙 Crypto News (May 4, 2024):

1️⃣ Animoca Brands: Animoca Brands, a Hong Kong-based gaming company, together with the Darewise platform, has announced the introduction of the #BLIF token on the Bitcoin network via Opal Protocol. Animoca Brands' vision is to establish a distinct ecosystem for gaming, entertainment, decentralized finance (DeFi), and education on the Bitcoin blockchain. To achieve this, they plan to integrate BLIF, which adheres to the new Runes token standard. 🎮

2️⃣ Mishaboar: DogeChain, a widely-used platform for #Dogecoin transactions, has declared its closure effective June 1, 2024. Urging users to swiftly transfer their #DOGE tokens from DogeChain to alternative wallets and secure their private keys before the service discontinues. 🐕

3️⃣ LayerZero: The team behind LayerZero's omni-chain protocol has confirmed the successful completion of the first snapshot on May 1st. Developers have committed to delivering updated details soon regarding the forthcoming airdrop. 🔄

4️⃣ Block: Under the leadership of Jack Dorsey, payment company Block has initiated a practice of allocating 10% of its monthly gross profit from Bitcoin-related activities to purchase additional coins. This strategy is set to continue until the conclusion of 2024. 💳

5️⃣ Baron: Nigerian fintech firms Moniepoint, PalmPay, and Paga have issued warnings to customers against engaging in cryptocurrency transactions through their platforms, threatening account suspensions. Users have shared these cautionary messages. 🇳🇬⚠️

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