ChainCatcher news, Unitronix Corp. announced an investment of $3 million in the U.S. fundraising project Unity Coin, which introduces a method of campaign donations that supports providing tradable digital tokens in exchange for campaign contributions, while leveraging blockchain for transparency and engagement.

ChainCatcher news, according to The Block, Fox Corporation announced TIME as its first external publishing partner for the Verify Protocol on the Polygon chain. The Verify Protocol is a blockchain-based media platform designed to verify the source of media content through cryptographic signatures, ensuring it comes from trusted publishers. TIME will utilize the platform as part of its content licensing and verification strategy.It is reported that Fox Corporation partnered with Polygon Labs in January this year to launch the open-source Verify Protocol on Polygon's PoS network. In the future, the Verify Protocol plans to migrate from the Polygon PoS network to a standalone zero-knowledge (ZK) blockchain based on Ethereum, developed with the assistance of the DeFi protocol Gelato, aimed at enhancing the efficiency and transparency of content verification. Fox Corporation stated that its Verify Protocol has currently signed over 300,000 pieces of content from platforms such as Fox Sports and Fox News.

ChainCatcher news, Twitter Inc. informed the court that it has renamed itself to X Corp. in another state. The entity is registered in Nevada, rather than its previous registration in Delaware.Although users still see the Twitter name on their phones and computers, a legal document submitted last week shows that "Twitter Inc. has merged into X Corp and no longer exists."Previous report indicates that Twitter has merged with a new company called X Corp. and is no longer an independent company. According to records filed in the state, X Corp. was established in Nevada on March 9, with Musk serving as the president of both the company and its parent company, X Holdings Corp. (Wall Street)

According to ChainCatcher news, Bloomberg reported that in a document submitted to a California court on April 4, Twitter has merged with a new company called X Corp. and is no longer an independent company.According to state filings, X Corp. was established in Nevada on March 9, and its merger with Twitter was submitted on March 15. Musk is the president of the company and its parent company X Holdings Corp., with an authorized capital of $2 million.Since Musk's acquisition of the company for $44 billion last year, Twitter has undergone a comprehensive reform. Musk has stated that acquiring Twitter would be the "catalyst" for creating X. (Bloomberg)

ChainCatcher news, according to a court document disclosed by foreign media, Twitter Inc. recently revealed a significant development. The company is currently being sued by right-wing provocateur Laura Loomer, who accuses the company of violating federal extortion laws when it banned her account in 2019. However, before that, Twitter, as the defendant, must continue to submit corporate disclosure statements to the court.Therefore, in a recently submitted document, the company issued a notice stating that "Twitter, Inc. has merged into X Corp. and no longer exists." As the "successor in interest" to Twitter Inc., the newly merged X Corp. is now the defendant in the Loomer lawsuit. Its parent company has been identified as X Holdings Corp. (source link)

ChainCatcher News: The ruling party in Japan has agreed to relax corporate tax regulations on virtual currencies. According to a party politician, the Liberal Democratic Party's tax committee approved a proposal on Thursday to exempt companies from paying taxes on the book profits of cryptocurrencies they hold after issuance. Currently, profits from holding cryptocurrencies, including unrealized gains, are subject to approximately 30% corporate tax in Japan.It is reported that Prime Minister Fumio Kishida's government will finalize the annual tax policy guidelines by the end of the year based on the party's decision. The government typically submits legislation to parliament in January to rewrite tax laws for the new fiscal year starting on April 1. (Source link)