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Project Overview
FlareBank is a decentralized application built on the Flare Network. It focuses on creating a system centered around its native token BANK, which integrates a mechanism for distributing dividends to users.
RL1 Blockchain Network Launches Operations, Underlying Platform Processes Over €700 Million in Transactions in Three Years
Odaily Planet Daily: Ten European financial institutions have jointly launched Regulated Layer One (RL1), a network established as a European Cooperative in Luxembourg that has commenced operations, targeting regulated financial markets and tokenized assets. RL1 founding members include ABN AMRO, Cecabank, Chartered Investment, Crédit Mutuel Alliance Fédérale, DekaBank, DZ BANK, LBBW, Natixis CIB, SC Ventures, and Seturion. RL1 stated that each member holds equal decision-making power over the network's governance and development. This permissioned private network is built on infrastructure developed by German fintech company Secure Worldwide Interbank Asset Transfer (SWIAT), which has transferred ownership of the network to the cooperative. SWIAT stated that during its three-year production phase, the platform processed over 50 transactions with a total value exceeding €700 million. RL1's intended use cases include digital currencies, tokenized bonds, collateral, and blockchain-based settlement. RL1 will be led by former SWIAT Managing Director Henning Vollbehr. KfW and L-Bank will continue to support the initiative, and RL1 is in discussions with additional institutions such as NatWest regarding joining the network.
Bithumb Will List BANK KRW Trading Pair
According to the official announcement, Bithumb will list the BANK/KRW trading pair.
MGBX will list BANKUSDT and AKEUSDT perpetual contract trading pairs
that, according to official sources, MGBX will list BANKUSDT and AKEUSDT perpetual contract trading pairs on July 20, 2026, at 18:00 (SGT).Trading opening time: July 20, 2026, at 18:00 (SGT)Leverage: BANK supports up to 50x, AKE supports up to 20x.
Lorenzo's first governance proposal aims to add 454.8 million BANK tokens to circulating supply, representing approximately 21.66%
Lorenzo Protocol has officially launched its on-chain governance system, Lorenzo Governance, and opened voting for its first governance proposal.The proposal seeks to shorten the vesting periods for 6 categories of BANK tokens, including rewards, investors, ecosystem development, team, treasury, and advisors. If the proposal passes, Lorenzo Tokenomics will be upgraded from V2 to V3, increasing the total supply and circulating supply by 454.8 million tokens immediately, representing an increase of approximately 21.66%.Additionally, veBANK holders can now participate in protocol decision-making through on-chain governance. The voting will last until May 17, 2026, at 16:00 (UTC).
Related news
RL1 Blockchain Network Launches Operations, Underlying Platform Processes Over €700 Million in Transactions in Three Years
Odaily Planet Daily: Ten European financial institutions have jointly launched Regulated Layer One (RL1), a network established as a European Cooperative in Luxembourg that has commenced operations, targeting regulated financial markets and tokenized assets. RL1 founding members include ABN AMRO, Cecabank, Chartered Investment, Crédit Mutuel Alliance Fédérale, DekaBank, DZ BANK, LBBW, Natixis CIB, SC Ventures, and Seturion. RL1 stated that each member holds equal decision-making power over the network's governance and development. This permissioned private network is built on infrastructure developed by German fintech company Secure Worldwide Interbank Asset Transfer (SWIAT), which has transferred ownership of the network to the cooperative. SWIAT stated that during its three-year production phase, the platform processed over 50 transactions with a total value exceeding €700 million. RL1's intended use cases include digital currencies, tokenized bonds, collateral, and blockchain-based settlement. RL1 will be led by former SWIAT Managing Director Henning Vollbehr. KfW and L-Bank will continue to support the initiative, and RL1 is in discussions with additional institutions such as NatWest regarding joining the network.
Bithumb Will List BANK KRW Trading Pair
According to the official announcement, Bithumb will list the BANK/KRW trading pair.
MGBX will list BANKUSDT and AKEUSDT perpetual contract trading pairs
that, according to official sources, MGBX will list BANKUSDT and AKEUSDT perpetual contract trading pairs on July 20, 2026, at 18:00 (SGT).Trading opening time: July 20, 2026, at 18:00 (SGT)Leverage: BANK supports up to 50x, AKE supports up to 20x.
Suspected BANK Foundation wallet transfers 84 million BANK to Aster
according to Arkham monitoring, 84 million BANK tokens have been transferred from a suspected BANK Foundation wallet, BANK Foundation Wallet (0xEde6…3B11a), to a new address (0x5721…22Bd8). Subsequently, this address transferred the relevant tokens to the Aster deposit address (0x1284…87974).Market data shows: The price of BANK tokens has surged significantly over the past few days, rising more than threefold, and is now quoted at approximately $0.16.
Lorenzo's first governance proposal aims to add 454.8 million BANK tokens to circulating supply, representing approximately 21.66%
Lorenzo Protocol has officially launched its on-chain governance system, Lorenzo Governance, and opened voting for its first governance proposal.The proposal seeks to shorten the vesting periods for 6 categories of BANK tokens, including rewards, investors, ecosystem development, team, treasury, and advisors. If the proposal passes, Lorenzo Tokenomics will be upgraded from V2 to V3, increasing the total supply and circulating supply by 454.8 million tokens immediately, representing an increase of approximately 21.66%.Additionally, veBANK holders can now participate in protocol decision-making through on-chain governance. The voting will last until May 17, 2026, at 16:00 (UTC).