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BitVM Just Got A Massive Upgrade

[Feb 14 3:00 AM] The introduction of BitVM smart contracts has marked a significant milestone in the path for scalability and programmability of Bitcoin. Rooted in the original BitVM protocol, Bitlayer's Finality Bridge introduces the first version of the protocol…

UTXO Research Report: State Of The Bridges

[Sep 4, 2024 2:08 PM] As we enter a new era of development on Bitcoin, it has become very hard for most people to understand the nuances of the L2 debate, and ever harder to follow some of the technical jargon associated with it. Sidechains, rollups, sequencer…

Circle launches 'bridged USDC standard' for deploying to new networks

[Nov 21, 2023 10:02 AM] Circle published a new standard that allows developers to launch an unofficial bridged version of USDC that can later become native and official.

Connext founder proposes 'Sovereign Bridged Token' standard after Multichain incident

[Jul 10, 2023 1:50 PM] EIP-7281 will allow token issuers to list official bridges and limit the rate at which they can mint tokens, potentially limiting losses from bridge hacks.

Coinbase layer-2 network Base closes in on mainnet launch

[Jun 29, 2023 7:27 PM] While a date for mainnet wasn’t announced, the Base team said it’s now fulfilled 4 out of 5 of their criteria for launch.

Dfinity Foundation Launches Chain-Key Bitcoin, a Native Internet Computer BTC Derivative Token

[Apr 3, 2023 12:30 PM] On April 3, 2023, the Dfinity Foundation, a development team behind the Internet Computer (ICP) network, announced the launch of a native ICP token called “chain-key bitcoin” or “ckBTC.” The bitcoin derivative is backed…

Noble Partners With Circle Financial to Integrate USDC on Cosmos Blockchain

[Mar 28, 2023 11:30 PM] According to the token protocol startup Noble, the second-largest stablecoin, USDC, will be integrated into the Cosmos blockchain, as the company has partnered with Circle Financial for the rollout. Noble details that the integration will give…

Value Locked in Defi Rises Above $50 Billion Mark, Ethereum Dominates TVL by Blockchain

[Mar 22, 2023 2:00 PM] The total value locked (TVL) in decentralized finance (defi) has risen above the $50 billion mark after falling below the range throughout most of March. At present, the value locked in defi is approximately $50.34 billion, up 1.97% over the past…

Avalanche Sees Surge in BTC Bridged to Its Network With Over $44 Million in Bitcoin Ported on Thursday

[Mar 3, 2023 2:00 PM] According to statistics, the number of bitcoin bridged to the Avalanche blockchain saw a significant inflow on March 2, as more than 2,000 bitcoin were bridged on that day. Data further shows that as of Friday, March 3, a total of 8,504 bitcoin…