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2 Bitcoin L2 Projects Secure Investments to Enhance Bitcoin’s Defi Capabilities

2 Bitcoin L2 Projects Secure Investments to Enhance Bitcoin’s Defi CapabilitiesOn 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 million. Meanwhile, the Bitcoin L2 ZKM attracted $5 million during a pre-seed investment phase. Bitcoin L2 Projects Gain Momentum With New Financing Rounds Throughout […]

Bitcoin Mirroring Exact Scenario That Preceded Run to Record High, Says Kevin Svenson – Here Are His Targets

Hybrid L2 Build on Bitcoin Launches Mainnet; US Users Face Geo-Blocking

Hybrid L2 Build on Bitcoin Launches Mainnet; US Users Face Geo-BlockingThe 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, […]

Bitcoin Mirroring Exact Scenario That Preceded Run to Record High, Says Kevin Svenson – Here Are His Targets

Stacks Launches Nakamoto Upgrade to Enhance Bitcoin L2 Functionality

Stacks Launches Nakamoto Upgrade to Enhance Bitcoin L2 FunctionalityStacks 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 capabilities. Stacks Initiates Nakamoto Upgrade, Targets Enhanced Bitcoin Scalability Stacks, an L2 protocol addressing Bitcoin’s scalability challenges and expanding its blockchain functionalities, […]

Bitcoin Mirroring Exact Scenario That Preceded Run to Record High, Says Kevin Svenson – Here Are His Targets

‘Build on Bitcoin’ Startup Secures $10M in Seed Funding to Advance Hybrid L2

‘Build on Bitcoin’ Startup Secures M in Seed Funding to Advance Hybrid L2The layer-two (L2) initiative BOB, an acronym for ‘Build on Bitcoin,’ successfully secured $10 million during its seed funding round, led by Castle Island Ventures. The financial boost is set to advance the deployment of a Bitcoin L2 that is compatible with the Ethereum Virtual Machine (EVM), aiming to spur creativity across the network and […]

Bitcoin Mirroring Exact Scenario That Preceded Run to Record High, Says Kevin Svenson – Here Are His Targets