BitGo integrates Stacks for Bitcoin rewards, following institutional Bitcoin demand
The integration comes due to growing institutional demand for Bitcoin, according to Stacks’ ecosystem investor lead. Go to Source
Bitcoin Defi
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Arthur Hayes’ Maelstrom fund announces Bitcoin grant program of up to $250k per developer
The new Bitcoin grants program could invite more innovation for Bitcoin-native DeFi, or BTCFi. Go to Source
Alex Lab points to Lazarus Group after last month’s $4M exploit
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. Go to Source
Binance-backed pSTAKE Finance launches Bitcoin liquid staking solution
pSTAKE is among the most recent protocols making Bitcoin a yield-generating asset with more capital efficiency. Go to Source
Hybrid L2 Build on Bitcoin Launches Mainnet; US Users Face Geo-Blocking
The layer-two initiative known as BOB, short for ‘Build on Bitcoin,’ has declared its mainnet operational with over 40 apps launching in the initial phase. Notably, the BOB application that facilitates bridging and access to the ecosystem is geo-blocked in the United States. BOB Mainnet Activates, Project Expects a ‘Bitcoin-Driven Defi Summer’ On May 1, … Read more
Velar Launches Dharma AMM to Propel Bitcoin Into the Decentralized Finance Spotlight
On Tuesday, the bitcoin liquidity protocol Velar unveiled Dharma, an automated market maker (AMM) designed to enhance decentralized finance liquidity within the Bitcoin realm. The inaugural version of Velar’s Dharma is set to function on the Bitcoin layer two (L2) Stacks, featuring an initial pairing of two tokens. Velar’s Strategy to Elevate Bitcoin Within the … Read more
Interlay introduces new protocol for Bitcoin’s reciprocal relationship with DeFi
XCC is positioned as a supporting mechanism to XCLAIM, a protocol which acts as the foundational layer for Interlay’s Bitcoin one-to-one backed asset interBTC. Go to Source Powered by WPeMatico
Portal partner with Polygon to advance DeFi on Bitcoin
Polygon’s scaling solution hosts in excess of 400 decentralized applications across a 1.5 million user base. Go to Source Powered by WPeMatico
DeFi on Bitcoin: Jack Dorsey launches new Square division to make it ‘easy’
Jack Dorsey has outlined plans to build an open developer platform focused on creating Bitcoin DeFi services. Go to Source Powered by WPeMatico
Survey Unveils 72% of US Accredited Investors Are Planning to Invest in Defi in 2021
A new survey revealed the latest trend among accredited investors in the United States, targeting the decentralized finance (defi) sphere. The study shows that a vast majority of them are likely to invest in defi this year. 70% of the Respondents Already Invested in Bitcoin According to Xangle, who surveyed 379 accredited investors, 67% of … Read more
