Stacks Integrates Bitcoin with Aptos Network 🤩

#Stacks is integrating its Bitcoin Layer-2 protocol with the #Aptos Network, enabling Bitcoin to be used in decentralized applications (dApps) and real-world use cases on Aptos’ Layer 1 blockchain.

Through this partnership, #sBTC , a 1:1 Bitcoin-backed token, will facilitate secure Bitcoin transfers on Aptos, unlocking new possibilities in DeFi, gaming, AI, and social platforms. This comes after Stacks resolved an SEC investigation with no enforcement actions.

The integration builds on Stacks’ recent advancements, including the Nakamoto upgrade, which enhanced transaction speeds and interoperability with other blockchain ecosystems.

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#Binance
#crypto2024

Binance Labs has invested in Zest Protocol, an on-chain Bitcoin lending project.

The project allows users to send Bitcoin to their accounts and choose between receiving a return or taking out a loan, with their assets converted to a stablecoin called sBTC.

#BinanceLabs #BinanceLaunchpool #BTC #ZestProtocol #sBTC