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Bitcoin L2 and Sidechain Networks Surge to $1.31 Billion in Locked Value
18.9.2024
This year, Bitcoin layer two (L2) solutions and sidechains have gained incredible traction, with the top ten Bitcoin-based sidechains or L2 protocols now controlling a combined $1.31 billion in total value locked (TVL). The latest figures reveal that more than 56% of this total is held within...
Bitcoin DeFi TVL will top Ethereum’s within 2 years: Core DAO contributor
5.9.2024
Core DAO contributor Brendan Sedo says it’s a “no-brainer” that most of the $1 trillion dollars of capital in the Bitcoin ecosystem will make its way into sidechains and DeFi.
Bitlayer Secures $11M in Series A Funding Led by Franklin Templeton and ABCDE
24.7.2024
Bitlayer Labs, the team behind a Bitcoin layer two (L2) solution utilizing the BitVM paradigm, has successfully raised $11 million in a Series A funding round led by Franklin Templeton and ABCDE. This investment elevates Bitlayer’s total funding to $16 million, bringing its valuation to $300...
Bitcoin Layer-2 Chain Bitlayer Raises $11M Led by ETF Issuer Franklin Templeton
23.7.2024
Bitlayer's layer 2 is based on the BitVM paradigm, which was unveiled last October and laid out a path for Ethereum-style smart contracts on the original blockchain
Bitlayer launches first official NFT after Mainnet-V1 release
16.4.2024
The Bitlayer-backed Mainnet V1 is imminent, and Bitlayer’s minting event will be formally inaugurated on May 4, 2024. Bitlayer has recently announced the official introduction of its non-fungible token to coincide with the Mainnet V1 launch. An incentive known as the Lucky Helmet is available...
Bitlayer announces partnership with Polyhedra
26.3.2024
Bitlayer has announced a partnership with Polyhedra, calling it groundbreaking as it enables both of them to set a new standard for Bitcoin L2 solutions. The objective of the partnership is to create a superior Bitcoin layer solution by utilizing Polyhedra’s innovative ZK proof method. More...