Solv to launch ‘onchain MicroStrategy’
[Nov 29 8:20 PM] The goal is to create an onchain product that generates yield on Bitcoin, according to Solv’s co-founder.
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Internet Computer cross-chain protocol usage up 13x amid Bitcoin DeFi boom
[Nov 4 7:53 PM] Network activity across all Internet Computer protocols has increased 150% year-over-year, according to Dfinity.
Bitcoin could be used as currency by 2030 — CryptoQuant CEO
[Oct 24 11:07 AM] Bitcoin mining difficulty has surged by 378% over three years, signaling the potential for institutional-driven BTC stability by 2030.
BOS Open-Sources Zero-Knowledge Protocol, Paving the Way for Advanced Cryptography on Bitcoin
[Sep 26 9:30 AM] BitcoinOS (BOS) has open-sourced its BitSNARK verification protocol, marking a significant advancement in blockchain technology. This protocol, which successfully verified the first zk-SNARK proof on the Bitcoin blockchain, enables zero-knowledge…
Stacks’ smart contracts reach record high ahead of Nakamoto upgrade
[Sep 8 1:05 PM] Stacks hit a record of over 1,400 monthly smart contract deployments ahead of the Nakamoto upgrade, which is set to revolutionize Bitcoin DeFi and scalability.
Bitcoin Rollup Protocol BOS Verifies Zero-Knowledge Proof on Mainnet
[Jul 25 1:05 PM] BitcoinOS (BOS) has successfully verified a zero-knowledge proof (ZKP) on the Bitcoin mainchain, marking a significant technological advancement. This development introduces scalability and enhanced functionality to Bitcoin without altering its…
Hermetica Introduces Bitcoin-Backed Synthetic Dollar on Bitcoin L1
[Jul 16 1:10 PM] Bitcoin-based decentralized finance (defi) protocol Hermetica has launched its BTC-backed synthetic dollar, USDH, on Bitcoin’s layer one (L1) through the Runes protocol. The company also announced plans to scale its Bitcoin-native defi…
Alex Lab points to Lazarus Group after last month's $4M exploit
[Jun 24 10:38 PM] After being exploited for $4.3 million in May, Alex Lab reveals they have since found “substantial transaction evidence” pointing the attack to North Korea’s Lazarus Group.
2 Bitcoin L2 Projects Secure Investments to Enhance Bitcoin’s Defi Capabilities
[May 7 3:32 PM] On Tuesday, two Bitcoin-centric layer two (L2) initiatives successfully secured funding from strategic investors. Botanix Labs, a startup focused on developing a decentralized Turing-complete L2 EVM (Ethereum Virtual Machine), garnered $11.5…
Hybrid L2 Build on Bitcoin Launches Mainnet; US Users Face Geo-Blocking
Stacks Launches Nakamoto Upgrade to Enhance Bitcoin L2 Functionality
[Apr 24 3:26 PM] Stacks has initiated the rollout of its Nakamoto upgrade introducing improvements to its Bitcoin layer two (L2) solution. The upgrade aims to bolster transaction speed and security, potentially revitalizing interest in Bitcoin’s extended…
‘Build on Bitcoin’ Startup Secures $10M in Seed Funding to Advance Hybrid L2
STX20 Protocol Demonstrates Potential for Scaling Bitcoin Ordinals on an L2 Network
[Jan 4 1:30 AM] According to developers behind the project, the debut of the STX20 protocol on Stacks’ Bitcoin layer two (L2) has marked a pivotal moment for Ordinals-style assets. Amid growing demand for innovative use cases in the Bitcoin ecosystem, the Stacks…
Bitcoin L2 Solutions Witness Decline, Lackluster Demand Despite Surging Transaction Fees
[Dec 17, 2023 10:00 AM] On Saturday, December 16, the cost of transacting in bitcoin eclipsed its previous peak from May 8, 2023, surging past $40 per transaction. The trend of escalating onchain fees began on the final day of October, steadily increasing thereafter…