Bitcoin-backed stablecoin USDh launches on Stacks L2, offering new DeFi options. Hermetica has expanded its Bitcoin-backed stablecoin, USDh, to the Stacks (STX) Layer 2 network, marking a significant step for Bitcoin-based decentralized finance.

Hermetica, a Bitcoin-backed stablecoin platform, is bringing its synthetic dollar, USDh, onto the Stacks (STX) Bitcoin Layer 2 (L2) network, as disclosed to Finbold on Wednesday, September 25.

With the bull run in the crypto market heating up, altcoins are preparing for a skyrocketing move ahead. Among the top performers, SUI, STX, and APT are teasing a breakout run ready for a 2X rally. So, let's find the next entry opportunity for a potential 2x gain.

Bitcoin layer-2 network, Stacks, will deploy its synthetic Bitcoin (sBTC) on the Solana blockchain. Stacks founder Muneeb disclosed this at the ongoing Solana Breakpoint Conference in Singapore, noting that this is an opportunity to bring the Bitcoin asset to faster rail.

TL;DR Muneeb, founder of Stacks, announced the arrival of sBTC, a synthetic Bitcoin, on the Solana blockchain. The integration of sBTC will combine the security of Bitcoin with the speed and efficiency of SOL. sBTC will allow faster Bitcoin transactions in decentralized applications, which could attract more users and developers to SOL.

This move could make things a lot more interesting for users and developers alike, as it brings Bitcoin's power to Solana's speedy blockchain. sBTC is a type of Bitcoin that's been adapted to work on other blockchains.

Aptos (APT) price, a layer 1 cryptocurrency, is currently exhibiting an upward trajectory in its market trends. The APT price movement has entered a bullish phase, showing a noticeable recovery recently.

TL;DR Stacks Launches sBTC on Aptos Network: The integration of sBTC, a 1:1 Bitcoin-backed asset, will enable its use on the Aptos blockchain. Benefits for developers: Aptos will allow developers to use the Move programming language to build decentralized applications with Bitcoin.

Aptos Foundation has announced that Stacks, the Bitcoin Layer 2 protocol, will integrate Bitcoin into the Aptos ecosystem.

The integration of sBTC into Aptos could significantly expand Bitcoin's utility, enabling its use in diverse decentralized applications and smart contracts. The post Stacks to bring Bitcoin to Aptos network through sBTC integration appeared first on Crypto Briefing.

The integration "instantly makes Bitcoin highly capable beyond a store of value," said an Aptos exec.

The integration "instantly makes Bitcoin highly capable beyond a store of value," said an Aptos exec.

The integration allows Aptos developers to incorporate Stacks' sBTC into dApps and other real-world applications.

Bitcoin Frontier Fund, the Stacks Foundation, and Tokensoft have announced a partnership aimed at helping Bitcoin-based startups launch more quickly and efficiently. The collaboration will bring Tokensoft's resources and expertise to startup founders building on Bitcoin, particularly those participating in programs like the N21 accelerator and Bitcoin Frontier Fund's startup accelerator.

The partnership enhances support for Bitcoin builders, streamlining compliance and accelerating project launches, fostering innovation in the ecosystem. The post Tokensoft partners with Stacks Foundation and Bitcoin Frontier Fund to accelerate Bitcoin builders appeared first on Crypto Briefing.

DIA's decentralized price oracles provide Stacks with transparent and dependable data. Developers now have free access to price feeds, which improves Stacks' DeFi ecosystem.

STX experiences a 15.68% surge in the last seven days, leaving analysts excited for a 140% increase to $3.78.

The Stacks Asia Foundation will play a crucial role in advancing Bitcoin's decentralized finance (DeFi) capabilities through Stacks' Layer-2 solutions.

DIA, a decentralized oracle network focusing on customizable market data feeds, has joined forces with the Stacks (STX) ecosystem, based on the most recent data shared with Finbold on Wednesday, September 11.

Bitcoin layer-2 Stacks witnessed 1,400 smart contract deployments month over month, as its soon-to-be-effected Nakamoto upgrade will reduce its transaction confirmation time to seconds.

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 Bitcoin ecosystem, making Bitcoin a more productive network.

Stacks, a Bitcoin L2 smart contract platform, deploys over 1400 smart contacts ahead of Nakamoto's upgrade full activation.

Stacks hit a record of over 1,400 monthly smart contract deployments ahead of the Nakamoto upgrade, which is set to revolutionize Bitcoin DeFi and scalability.

The new token will accrue yield for holders generated by Babylon, while still tracking BTC's price.

Digital asset bank Anchorage has taken a major step in expanding its institutional custody services into the Bitcoin layer-2 ecosystem through a partnership with Stacks.

Stacks struggles to stand on level ground as it continues to fall despite the market's attempt to rebound in the short term. According to CoinGecko, STX bled 15% since last week with the token attempting to reverse the downward momentum with a nearly 4% uptick in the past 24 hours.

“We've been consistently shipping very complicated systems,” Stacks co-founder Muneeb Ali tells Decrypt as the Bitcoin network enters its next stage.

Stacks (STX) has emerged as a standout performer, surging by an impressive 17.88% over the past week. This substantial gain comes as the highly anticipated Nakamoto upgrade approaches, injecting renewed optimism into the Stacks ecosystem.

The upgrade will increase Stacks' transaction speed and enhance the network's resilience against blockchain reorganizations.

Stacks Begins Nakamoto Upgrade Amidst STX Token Decline. STX Faces Pressure as Stacks Launches Nakamoto Upgrade.

This upgrade promises to significantly enhance the network's functionality and usability. It addresses long-standing issues and sets the stage for groundbreaking developments.

The Stacks (STX) protocol has initiated the Nakamoto Upgrade, which introduces Bitcoin (BTC) finality to its network. Over the next 21 days, the ecosystem is set to experience a range of activities linked to this significant upgrade.

Upgrade Nakamoto: the layer-2 of Bitcoin Stacks kicks off the dances

Stacks, the Bitcoin layer-2 network, has started the Satoshi upgrade, which separates its block production schedule from Bitcoin's.

Story Highlights The live price of the Stacks token is . The Stacks price is expected to reach a high of $3.22 by the end of 2024. With a potential surge, the price may achieve a top of $13.93 by 2030.

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 stronger transaction finality guarantees, reduces miner extractable value (MEV) opportunities, and improves network resilience.

The long-awaited Nakamoto upgrade for the Stacks (STX) network, a layer-2 solution for Bitcoin, has finally begun.

STX has defied market trends to report intraday gains amidst the long-awaited Nakamoto upgrade.

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Bitcoin scaling network Stacks will get a 120x speed jump in confirming transactions, developers say of the Nakamoto upgrade.

Bitcoin layer-2 Stacks will receive a highly anticipated upgrade on Wednesday, augmenting its transaction confirmation time.

Stacks launches the Nakamoto upgrade, enhancing speed and introducing sBTC on the Bitcoin network.

TL;DR Stacks is preparing for the Nakamoto upgrade, which is set to begin this week and promises to revolutionize transaction efficiency on the Bitcoin layer-2 network. The STX token has increased by 68% from its August lows, reaching $1.79 and a market capitalization of $2.64 billion.

Stacks (STX), one of the top layer2 solutions on the Bitcoin ecosystem, plans to unveil its Nakamoto upgrade on Wednesday, August 28. The upcoming update marks a crucial milestone for Stacks Network as it will revolutionize the Bitcoin DeFi market through swift transaction settlement.

Stacks, the biggest Bitcoin layer-2 network, will be in the spotlight this week as the rollout of the Nakamoto upgrade starts. Stacks (STX) token was trading at $1.80 on Monday, Aug.

The Stacks Network's Nakamoto Upgrade is ushering in a new era of scalability for DeFi on the Bitcoin ecosystem.

The Stacks Network's Nakamoto Upgrade is ushering in a new era of scalability for DeFi on the Bitcoin ecosystem.