News

ChainCatcher News: According to market sources, Nasdaq-listed company CIMG Inc. (Nasdaq code: IMG) has signed a strategic agreement with iZUMi Finance, planning to acquire the latter’s core patents, intellectual property, and other key assets. This acquisition builds upon previous cooperation between the two parties, including the jointly launched $20 millions Upstarts Fund. By integrating iZUMi Finance’s multi-chain liquidity technology, liquidity management mechanisms, and governance infrastructure, CIMG aims to strengthen its decentralized finance (DeFi) architecture and deepen its presence in the on-chain liquidity market. As part of the acquisition framework, CIMG also plans to acquire $IZI tokens for long-term staking and participation in the governance of the iZUMi ecosystem. This move is expected to enhance on-chain capital efficiency and support the optimization of bitcoin yield generation in CIMG’s treasury. iZUMi Finance is a multi-chain DeFi protocol, whose flagship product iZiSwap is a multi-chain decentralized exchange based on innovative DL-AMM design. .

BlockBeats News, March 5th, data analyst Defioasis.eth posted on Platform X stating that the Position Size on the Opinion platform has seen an uptick, with a net inflow of over $9.5 million in the past 24 hours, ending the previous six-day trend of net outflows. As of the time of writing, the total position size on the platform is approximately $48.86 million, holding about 74.2% market share in the BSC prediction market.

MUFG, with a market capitalization of 3 trillions USD in Japan, announced the adoption of artificial intelligence technology for loan screening and will collaborate with three major banks to conduct a stablecoin proof-of-concept project. (Cointelegraph)