Bitcoin Layer 2 Protocol Stacks Achieves New High in Smart Contract Deployments

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. The increase in deployments highlights the potential for decentralized finance (defi) on Bitcoin and the innovative projects … Read more

Audited, Yet Hacked: The Critical Role of Real-Time Monitoring in Web3

In the evolving landscape of Web3, security remains a paramount concern for crypto companies. Most of these companies rely heavily on pre-deployment smart contract audits, believing that such audits will safeguard their projects and client funds from hacks. However, recent data reveals a stark truth: 90% of the smart contracts that were hacked had undergone … Read more

BitVM Version 2 Introduces New Era for Bitcoin L2 Scaling Solutions

On Aug. 15, 2024, the white paper for BitVM2 was published, outlining significant advancements in Bitcoin’s layer two (L2) capabilities. Building on the foundation laid by BitVM version 1, BitVM2 aims to bridge Bitcoin to second layers with improved scalability and security. New BitVM2 White Paper Introduces Advanced Solutions for Bitcoin L2 Scaling The original … Read more

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