Bitcoin News Today TheBitTimes.com

An Ethereum (ETH)-based altcoin is skyrocketing after gaining support from South Korea’s second-largest crypto exchange. In a new announcement, crypto trading platform Bithumb says that it is now supporting the interoperable cross-chain bridge Across Protocol (ACX), triggering rallies for the digital asset. News of the event caused ACX to surge, as it went from a March 21st low of $0.275 to a peak of $0.462 just a few hours later, a rise of nearly 68%. It has since retraced and is trading for $0.319 at time of writing, a 10% gain during the last 24 hours. In its whitepaper, Across Protocol says it is the only cross-chain platform powered by intents. Explains Across Protocol, “Intents introduce a third party, a relayer (alternatively named filler, or solver), that does the job of delivering assets / executing user transactions quickly. An intent is a type of order where a user specifies an outcome instead of an execution path. In practice, intents ...

1. Scroll: First Airdrop to Distribute 7% of SCR Total Supply link Scroll has announced its first token airdrop plan, allocating 7% of the total SCR token supply to ecosystem contributors. This airdrop is designed to reward those who have contributed to the development of the Scroll protocol, ecosystem, and community. The airdrop will be distributed across four categories: community airdrop, ecosystem projects, industry contributors, and the global community. Of these, the community airdrop will distribute 55 million SCR tokens (5.5% of the total supply) to users who have actively participated in the Scroll ecosystem through on-chain activities. Additionally, Scroll announced the upcoming launch of the “Sessions 2” program, which will feature an improved Marks system and a new dashboard to reward more participants within the ecosystem. Scroll will also introduce “Scroll Open,” aimed at incentivizing ecosystem development and builders, with winning projects eligible for additional SCR t...