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Tuesday, July 8, 2025

Crypto Flipsider News – Optimism with High Demand for Airdrop, Ethereum Bellatrix; Binance BCAT2022 Tour and Forbes SPAC Deal Terminated; JP Morgan in Singapore; Polygon Increases India's KYC Requirements By DailyCoin - Investing.com

Ethereum’s PoS Transition: Bellatrix to be activated on Ropsten on June 2nd.
Binance commences BCAT2022 tour – Binance-Forbes SPAC deal called off.
J.P. Morgan helms DeFi asset tokenization pilot with Singapore’s MAS.
Polygon increases KYC requirements for potential Indian partners.
Ethereum Scaling Solution ‘Optimism’ Faced with Issue of High Demand for Airdrop Day
The hugely anticipated token airdrop for ‘Optimism’, a popular Layer-2 scaling solution for Ethereum, has finally launched. However, the project hit the road with the worst possible start.
Optimism sent free tokens to 249,000 eligible wallets, including early users of the project and other select Ethereum wallets. However, many users experienced failed or delayed transactions when attempting to claim their funds.
The Optimism team immediately got to work to increase the capacity of the network, and although their work paid off, with more users becoming able to withdraw funds, the terrible start took a massive toll on the...



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