Stacks to Launch SBTC in Boost to Bitcoin Defi Ecosystem
Stacks continues to push the boundaries of possibilities on Bitcoin with a planned launch of SBTC. SBTC to Promote Bitcoin Defi Ecosystem Stacks, a Bitcoin layer two (L2) platform recently…
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Bitcoin Layer 2 Protocol Stacks Achieves New High in Smart Contract Deployments
Stacks, the Bitcoin Layer-2 protocol, has achieved a new high in smart contract deployments, with a 30% month-over-month increase. This growth reflects the ongoing efforts of developers to enhance the…
Lightning Network Protocol Stacks Completes Nakamoto Upgrade With Defi Features
The Bitcoin Lightning Network’s Stacks protocol has completed its Nakamoto upgrade, finalizing a series of enhancements that began in April 2024. This latest phase, delivered on August 28, 2024, introduces…
Hermetica Introduces Bitcoin-Backed Synthetic Dollar on Bitcoin L1
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…
SEC ends three-year investigation into Bitcoin L2 Stacks and its developer with no enforcement action
The SEC's decision not to pursue enforcement against Stacks highlights the ongoing regulatory uncertainty and the need for clearer crypto guidelines. The post SEC ends three-year investigation into Bitcoin L2…
Hiro Systems Applauds SEC Decision to Close Stacks Investigation
The U.S. Securities and Exchange Commission (SEC) has concluded its investigation into Stacks, a Bitcoin scaling network, and its original developer, Hiro Systems, with no recommended enforcement actions. This investigation…
RWA Startup Hamilton Tokenizes US Treasury Bills on Bitcoin L2 Solutions
Hamilton has announced the tokenization of U.S. Treasury bills on Bitcoin’s layer two (L2) platforms, stating that it marks a significant advancement in bridging traditional finance with Bitcoin’s decentralized finance…
Legendary Investor Tim Draper Leads Bitcoin Lending Protocol Zest’s $3.5 Million Seed Round
Draper Associates, the VC firm led by the legendary investor Tim Draper, has led the $3.5 million seed round of Zest Protocol, a Stacks-based Bitcoin lending market. The round, which…
Stacks Launches Nakamoto Upgrade to Enhance Bitcoin L2 Functionality
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…
Stacks Accelerates Toward Mainnet With Strategic Nakamoto Testnet Rollout
The layer two (L2) project Stacks has officially released its public Nakamoto Testnet, offering a refined testing ground for developers and signers ahead of the mainnet launch. Stacks Introduces Nakamoto…