The over 22-fold increase is mainly attributed to Bitcoin staking developments, the launch of spot Bitcoin ETFs in the US and BTC’s soaring prices during 2024.
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It will be among the first tokens to launch on Hyperliquid, a layer-1 network specializing in trading.
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Trump’s administration could push DeFi from niche to mainstream, with crypto advocates eyeing potential pro-crypto policy shifts.
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Bitcoin’s emerging layer-2 and DeFi ecosystems are sparking competition for BTC liquidity on other chains.
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Solv Protocol has raised $11 million in a strategic funding round, bringing its total funding to $25 million at a valuation of $200 million. This capital will advance the company’s mission to revolutionize Bitcoin staking through its Staking Abstraction Layer (SAL). The funding round attracted participation from prominent investors, including Laser Digital, Blockchain Capital, and […]
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BOB, also known as “Build on Bitcoin,” has partnered with blockchain service provider Everstake to introduce a one-click bitcoin staking solution. The integration offers access to staking, aiming to appeal to both retail and institutional investors. Everstake to Gradually Roll out BOB’s One-Click Bitcoin Staking According to the announcement, the integration of BOB Stake into […]
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BOB (Build on Bitcoin), a hybrid layer two (L2) solution integrating Bitcoin and Ethereum, has launched BOB Stake, a new one-click bitcoin staking product. The platform allows users to stake bitcoin (BTC) and utilize Liquid Staking Tokens (LSTs) across decentralized finance (defi) applications. BOB Introduces One-Click Bitcoin Staking Portal and SDK According to the announcement […]
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In May, the partners launched the first yield-bearing BTC ETP in Scandinavia.
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pSTAKE is among the most recent protocols making Bitcoin a yield-generating asset with more capital efficiency.
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