Wrapped Bitcoin Derivatives: Concerns Around Lack of Transparency Emerge
It’s not clear if all derivative assets that require bitcoin as collateral are fully backed as many assume. Is the Bitcoin Derivative Asset Market Built on a House of Cards?…
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Build on Bitcoin Protocol Joins Superchain as First Hybrid L2
BOB, short for “Build on Bitcoin,” is now part of the Superchain ecosystem, a network expanding with Optimism’s OP Stack. As a hybrid layer-two (L2) solution, BOB taps into the…
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…
‘Bitcoin has as many functionalities as other blockchains’: Trust Machines member weights in Bitcoin DeFi
The Bitcoin DeFi ecosystem displayed a stellar growth in 2024, and Mark Hendrickson believes this sector is here to stay. The post ‘Bitcoin has as many functionalities as other blockchains’:…
Binance Labs invests in Bitcoin restaking protocol BounceBit
Bitcoin DeFi is gaining traction ahead of the halving, and Binance Labs' latest investment in a BTC restaking protocol follows this trend.
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…
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.
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.