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Stacks Price Prediction as STX Token Slides Under $2 – How Low Will STX Go?


As Bitcoin (BTC) corrects to its lowest levels in over two months below $60,000, its largest layer-2 scaling blockchain Stacks (STX) is also in decline, with the Stacks price hitting its lowest levels since mid-February below $2.0. The post Stacks Price Prediction as STX Token Slides Under $2 –...

cBridge backing the linking of uniETH with X Layer


Following the backing of cross-chain staking with the help of uniETH tokens, the inclination was to provide added backing so that uniETH could offer holders further utility. Therefore, cBridge is backing the linking of uniETH with X Layer, a ZK-boosted decentralized Ethereum Layer 2 network.  It...

Lido Finance Just Hit 1M Validators, But Can DeFi Really Take Over TradFi?


Lido Finance reaches a major milestone with 1 million Ethereum validators, solidifying its position as the largest DeFi protocol. The growth of liquid staking protocols like Lido is fueling DeFi expansion, raising concerns about centralization and the potential disruption of traditional financial sy...

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 in Bitcoin’s extended capabilities. Stacks Initiates Nakamoto Upgrade...

Shiba Inu managed to obtain 12M fund to develop a Layer-3 blockchain network


Shiba Inu has obtained $12 million in a funding round via a private token selling of its forthcoming TREAT token to strengthen the building of a privacy-oriented Layer 3 blockchain network. As per the Marketing Head of Shib.io, Lucie, investors who took part in the funding round were Polygon...

Celo Chooses Optimism, Concluding Bake-Off Among Layer 2s


CLabs officially proposed using Optimism’s OP Stack for the transition. The proposal will be discussed on a couple of community calls and then go to a vote among holders of the project's CELO tokens, under the chain's governance rules

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