wBTC

zkLink Nova Unifies Liquidity On-Chain with Token Merge Event

Retrieved on: 
Tuesday, April 9, 2024

SINGAPORE, April 9, 2024 /PRNewswire/ -- zkLink Nova ("Nova"), the first aggregated Layer 3 (L3) ZK-Rollup network with EVM-compatibility, today announced the consolidation of stablecoins and wBTC into single tokens on Nova, enhancing liquidity within the Nova ecosystem, aimed at creating the largest liquidity pool across all Layer 2 (L2) and Layer 3 networks.

Key Points: 
  • SINGAPORE, April 9, 2024 /PRNewswire/ -- zkLink Nova ("Nova"), the first aggregated Layer 3 (L3) ZK-Rollup network with EVM-compatibility, today announced the consolidation of stablecoins and wBTC into single tokens on Nova, enhancing liquidity within the Nova ecosystem, aimed at creating the largest liquidity pool across all Layer 2 (L2) and Layer 3 networks.
  • Currently, Nova has achieved asset aggregation, allowing users to deposit native assets from various L2 networks onto Nova for cross-chain asset trading.
  • As such, Nova has deployed "MergeToken" smart contracts to consolidate assets of the same value from different chains on Nova into a single token (e.g.
  • Nova will serve as the network on which assets of the same value can be combined into a single token—boosting liquidity of the Nova network as well as overall L2 ecosystem.

OKX Ventures Announces Investment in DLC.Link, the First Native Bitcoin DeFi Protocol

Retrieved on: 
Thursday, March 14, 2024

SINGAPORE, March 14, 2024 /PRNewswire/ -- OKX Ventures , the investment arm of OKX , the world's leading cryptocurrency exchange and Web3 technology company, is proud to announce its investment in DLC.Link, the first native Bitcoin cross-chain protocol that leverages Discreet Log Contracts (DLCs) to enable Bitcoin to be used in DeFi protocols while being held in self-custody wallets.

Key Points: 
  • SINGAPORE, March 14, 2024 /PRNewswire/ -- OKX Ventures , the investment arm of OKX , the world's leading cryptocurrency exchange and Web3 technology company, is proud to announce its investment in DLC.Link, the first native Bitcoin cross-chain protocol that leverages Discreet Log Contracts (DLCs) to enable Bitcoin to be used in DeFi protocols while being held in self-custody wallets.
  • Unlike other forms of wrapped Bitcoin, dlcBTC does not require Bitcoin deposits to be held with a custodian or bridged to a separate blockchain.
  • Thus, dlcBTC provides a "theft-proof" protocol, in that Bitcoin deposits cannot be lost through hacks, theft or fraud.
  • OKX Ventures believes that DLC.Link will unlock more value and potential within Bitcoin, and create a more open, inclusive, and decentralized financial system."

OKX Ventures Announces Investment in DLC.Link, the First Native Bitcoin DeFi Protocol

Retrieved on: 
Thursday, March 14, 2024

SINGAPORE, March 14, 2024 /PRNewswire/ -- OKX Ventures , the investment arm of OKX , the world's leading cryptocurrency exchange and Web3 technology company, is proud to announce its investment in DLC.Link, the first native Bitcoin cross-chain protocol that leverages Discreet Log Contracts (DLCs) to enable Bitcoin to be used in DeFi protocols while being held in self-custody wallets.

Key Points: 
  • SINGAPORE, March 14, 2024 /PRNewswire/ -- OKX Ventures , the investment arm of OKX , the world's leading cryptocurrency exchange and Web3 technology company, is proud to announce its investment in DLC.Link, the first native Bitcoin cross-chain protocol that leverages Discreet Log Contracts (DLCs) to enable Bitcoin to be used in DeFi protocols while being held in self-custody wallets.
  • Unlike other forms of wrapped Bitcoin, dlcBTC does not require Bitcoin deposits to be held with a custodian or bridged to a separate blockchain.
  • Thus, dlcBTC provides a "theft-proof" protocol, in that Bitcoin deposits cannot be lost through hacks, theft or fraud.
  • OKX Ventures believes that DLC.Link will unlock more value and potential within Bitcoin, and create a more open, inclusive, and decentralized financial system."

Struct Finance Transforms DeFi Landscape on Avalanche With the Launch of Tranche-based BTC.B-USDC Vaults

Retrieved on: 
Wednesday, July 12, 2023

In its ongoing journey to reshape the crypto investing landscape, Struct Finance, a DeFi platform that enables investors to engage with tailored interest rate products linked to digital assets, is thrilled to announce the launch of the BTC.B-USDC Vaults.

Key Points: 
  • In its ongoing journey to reshape the crypto investing landscape, Struct Finance, a DeFi platform that enables investors to engage with tailored interest rate products linked to digital assets, is thrilled to announce the launch of the BTC.B-USDC Vaults.
  • The tranche-based BTC.B-USDC Interest Rate Product was made possible by effectively leveraging Avalanche’s BTC.B (Bridged Bitcoin) for DeFi applications.
  • The new vault beautifully complements Struct Finance’s Genesis USDC Vaults, heralding an exciting era in DeFi yield opportunities.
  • As part of its BTC.B-USDC Vaults, Struct Finance has implemented a unique approach to managing investment risk: delta hedging.

Primex Finance Unveils Mainnet Plans, Set to Launch in September 2023

Retrieved on: 
Wednesday, July 5, 2023

NEW YORK ,, July 05, 2023 (GLOBE NEWSWIRE) -- Non-custodial prime brokerage protocol Primex Finance is thrilled to announce the upcoming launch of its highly anticipated mainnet.

Key Points: 
  • NEW YORK ,, July 05, 2023 (GLOBE NEWSWIRE) -- Non-custodial prime brokerage protocol Primex Finance is thrilled to announce the upcoming launch of its highly anticipated mainnet.
  • With independent auditors expected to complete the auditing process in the next 12 weeks, Primex Finance is scheduled to launch its mainnet Beta in September 2023.
  • Ethereum mainnet stands as the leading DeFi ecosystem, with over $26 billion locked in decentralized finance protocols on its mainnet.
  • "We are thrilled about the upcoming mainnet launch, as it signifies a significant milestone on our roadmap," said Dmitry Tolok, Co-founder of Primex.

Hashrate Asset Group's (HAG) Bitcoin Mining Security Token Offering Officially Opens on INX's SEC-Regulated Capital Raising Platform

Retrieved on: 
Wednesday, June 21, 2023

Backed by Bitcoin computing power, HAG offers eligible investors a brand-new option to invest in Bitcoin through hashrate ownership with the security and compliance of the INX.One's regulated platform.

Key Points: 
  • Backed by Bitcoin computing power, HAG offers eligible investors a brand-new option to invest in Bitcoin through hashrate ownership with the security and compliance of the INX.One's regulated platform.
  • "The HAG Bitcoin Mining security token offering and listing on INX.One showcases the versatility of our platform for security token offerings (STOs) and beyond."
  • For security token issuers, INX.One offers a true Token-as-a-Service (TaaS) platform designed for capital raise purposes.
  • The unified, regulated hub streamlines the issuance process by providing everything needed to quickly and easily issue a digital security token to raise capital.

Hashrate Asset Group's (HAG) Bitcoin Mining Security Token Offering Officially Opens on INX's SEC-Regulated Capital Raising Platform

Retrieved on: 
Wednesday, June 21, 2023

Backed by Bitcoin computing power, HAG offers eligible investors a brand-new option to invest in Bitcoin through hashrate ownership with the security and compliance of the INX.One's regulated platform.

Key Points: 
  • Backed by Bitcoin computing power, HAG offers eligible investors a brand-new option to invest in Bitcoin through hashrate ownership with the security and compliance of the INX.One's regulated platform.
  • "The HAG Bitcoin Mining security token offering and listing on INX.One showcases the versatility of our platform for security token offerings (STOs) and beyond."
  • For security token issuers, INX.One offers a true Token-as-a-Service (TaaS) platform designed for capital raise purposes.
  • The unified, regulated hub streamlines the issuance process by providing everything needed to quickly and easily issue a digital security token to raise capital.

Decentralized exchange Vertex Protocol launches high speed spot and derivatives trading venue on Arbitrum

Retrieved on: 
Wednesday, April 26, 2023

SINGAPORE, April 26, 2023 /PRNewswire/ -- Vertex Protocol (Vertex), a decentralized exchange for digital asset spot and derivatives trading, announced earlier today that it has launched to the public, enabling market participants of all types and sizes to trade on an Arbitrum-based DEX.

Key Points: 
  • SINGAPORE, April 26, 2023 /PRNewswire/ -- Vertex Protocol (Vertex), a decentralized exchange for digital asset spot and derivatives trading, announced earlier today that it has launched to the public, enabling market participants of all types and sizes to trade on an Arbitrum-based DEX.
  • The combination of a performant off-chain orderbook layered on top of an on-chain automated market maker (AMM) on a decentralized, self-custodial exchange delivers the benefits of a centralized exchange (CEX) without the drawbacks.
  • "When setting out to build Vertex, we put together a team of traders and other financial industry veterans to create a robust, best-in-class venue," said Vertex Protocol co-founder Darius Tabatabai.
  • "Bringing the exchange onto Arbitrum allows Vertex access to our world-class technology and will hopefully see the exchange scale in size very quickly.

Paribus Announces Mainnet v1 Launch

Retrieved on: 
Wednesday, March 29, 2023

MIAMI, FL, Mar 29, 2023 - (ACN Newswire) - The creators of a brand new cross-chain decentralized borrowing and lending protocol announce the release of their Mainnet v1.

Key Points: 
  • MIAMI, FL, Mar 29, 2023 - (ACN Newswire) - The creators of a brand new cross-chain decentralized borrowing and lending protocol announce the release of their Mainnet v1.
  • The launch marks the first step in their journey to be the go-to borrowing and lending platform for NFTs.
  • With such a growth in adoption, I believe systems like Paribus will become much more fluid and collateral friendly."
  • Paribus COO Wilson Davis said, "Being a cross-chain borrowing and lending protocol, our goal with Paribus is to help bring liquidity and TVL from other ecosystems into the Cardano network.

Filecoin Virtual Machine (FVM) Launches to Revolutionize Decentralized Compute and Unlock the Potential of Open Data Economy

Retrieved on: 
Wednesday, March 15, 2023

PALO ALTO, Calif., March 14, 2023 /PRNewswire/ -- Filecoin Virtual Machine (FVM), an execution environment for smart contracts on the Filecoin network, is now live on the Filecoin mainnet. The FVM launch adds smart contracts and user programmability to the Filecoin blockchain, unlocking the enormous potential of an open data economy.

Key Points: 
  • The FVM launch adds smart contracts and user programmability to the Filecoin blockchain, unlocking the enormous potential of an open data economy.
  • FVM's new features will significantly increase the utility and value of the Filecoin network, a unique economy of 3800+ storage provider systems worldwide.
  • FVM will empower builders to create entirely new categories of custom apps, markets, and organizations built around data stored on Filecoin.
  • It's built with Bacalhau's Lilypad, a bridge between on-chain and off-chain compute that lets you run decentralized compute jobs from FVM smart contracts.