Stacks 2.0 To Bring Dapps And DeFi To Bitcoin
The entire world is now paying attention to Bitcoin after the cryptocurrency grew in value over five times in 2020 alone. But, as positive as 2020 was for Bitcoin, 2021 may usher in a new era of possibility and value for Bitcoin. The new Stacks blockchain, which you may recognize as Blockstack, will bring smart contracts, decentralized apps, and DeFi to the top cryptocurrency for the first time; Here’s what that means for Bitcoin and […]
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STX price rallied 195% after the introduction of smart contracts enabled the launch of DeFi and NFTs on the Bitcoin network. Ethereum (ETH) is currently the leader when it comes to smart contract capabilities and the sheer number of projects operating on its network, but the push to build products on Bitcoin (BTC) is gaining traction with advocates like Square CEO Jack Dorsey spearheading the effort to bring decentralized finance (DeFi) to the Bitcoin network. One project aiming to combine the features of DeFi with the security of the Bitcoin network is Stacks (STX), a layer-one blockchain....
Decentralized finance (defi) protocols continue to shine as the total value locked in defi is over $260 billion. While Ethereum started the defi trend and holds the lion’s share of TVL in defi, a great number of decentralized applications (dapps) are supporting a slew of alternative blockchains.
Today’s Most Popular Dapps Support More Than One Network
On November 7, the total value locked in defi is $260 billion according to defillama statistics on Sunday. When defi first started making waves, most of the dapps that people interacted with leveraged the Ethereum....
With Bitcoin’s break above $30,000, euphoria is returning to the crypto market, but there are some decentralized finance (DeFi) tokens that are taking the recovery a bit further. Where Bitcoin is seeing single-digit gains on its daily and weekly chart, these DeFi tokens are returning double-digit gains for their investors. Stacks (STX) Stacks (STX) is […]
The year 2021 has started off on an incredibly good note for the crypto industry as Bitcoin and others hit all-time highs. Carrying that momentum further is the revolutionary Stacks project (you may recognize it as Blockstack) which launches their Stacks 2.0 blockchain on January 14. Stacks 2.0 is a layer-1 blockchain that uses Bitcoin […]
The US Securities and Exchange Commission (SEC) has concluded its three-year investigation into Bitcoin Layer 2 (L2) blockchain Stacks (STX) and Hiro Systems without taking any action. Related Reading: Shiba Inu Team Member Says Major Update Is Coming – Here’s What We Know SEC Ends Probe Into Stacks Muneeb Ali, co-creator of the Stacks protocol, […]