Market Cap: $2.7944T 0.150%
Volume(24h): $183.2099B 46.390%
  • Market Cap: $2.7944T 0.150%
  • Volume(24h): $183.2099B 46.390%
  • Fear & Greed Index:
  • Market Cap: $2.7944T 0.150%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$79785.470194 USD

-7.56%

ethereum
ethereum

$2122.537481 USD

-9.79%

tether
tether

$0.998851 USD

-0.02%

xrp
xrp

$2.021993 USD

-9.16%

bnb
bnb

$572.731267 USD

-7.29%

solana
solana

$128.910116 USD

-8.92%

usd-coin
usd-coin

$0.999878 USD

-0.01%

dogecoin
dogecoin

$0.186129 USD

-11.09%

cardano
cardano

$0.593669 USD

-11.26%

tron
tron

$0.219233 USD

-4.14%

litecoin
litecoin

$118.062717 USD

-8.03%

chainlink
chainlink

$13.719065 USD

-11.45%

avalanche
avalanche

$20.643703 USD

-9.63%

unus-sed-leo
unus-sed-leo

$9.125602 USD

0.41%

stellar
stellar

$0.261312 USD

-10.63%

Cryptocurrency News Articles

Bitlayer Launches BitVM Framework to Enable Trust-Minimized Bitcoin Interoperability

Mar 01, 2025 at 04:03 am

Bitlayer has taken a major step in integrating Bitcoin with the broader blockchain ecosystem by implementing BitVM, a new framework designed to enable trust-minimized Bitcoin interoperability.

Bitlayer Launches BitVM Framework to Enable Trust-Minimized Bitcoin Interoperability

In a significant move towards interoperability, Bitlayer has integrated its BitVM framework with several leading blockchain networks, including Base, Starknet, Arbitrum (ARB), Plume Network, and Sonic. This integration will unlock Bitcoin liquidity for decentralized finance and real-world asset applications, as announced by Bitlayer in a statement.

Bitlayer’s BitVM Bridge is designed to enable trust-minimized interoperability between Bitcoin and other blockchain ecosystems. The integration with Base, a scaling solution developed by Coinbase (NASDAQ:), will introduce cbBTC, an asset that allows Bitcoin holders to use their assets on EVM-compatible chains.

This partnership expands the scope of Bitcoin liquidity into the broader DeFi ecosystem, opening up new possibilities for cross-chain applications.

Arbitrum, a blockchain network known for its DeFi capabilities, will also be integrated with Bitlayer. Arbitrum users will now be able to easily bridge Bitcoin assets into the network, further strengthening Arbitrum’s position in the DeFi landscape.

Moreover, Starknet, a permissionless zero-knowledge rollup focusing on scalability and security, will be integrating with Bitlayer to facilitate seamless Bitcoin transfers. This partnership will combine Starknet’s technological advancements with Bitlayer’s expertise in cross-chain interoperability.

Plume Network, the first full-stack Layer 1 blockchain focused on real-world assets, will be integrating with Bitlayer to bring Bitcoin liquidity to institutional-grade financial products.

Plume’s mission to bridge traditional finance with blockchain technology closely aligns with this move, as it aims to expand the use cases of cryptocurrencies in real-world financial institutions.

Sonic, a high-performance Solana Virtual Machine chain focused on Web3 applications, will also be joining the BitVM ecosystem. Sonic will integrate BitVM to bring Bitcoin liquidity to a broader audience, encompassing gaming, social media, and other Web3 applications.

This partnership will unlock new avenues for cross-chain collaboration and application development. Bitlayer’s integration with these chains will unlock $1.9 trillion of Bitcoin’s liquidity, facilitating new financial use cases.

BTC holders will gain access to yield farming, lending, borrowing, and staking opportunities across these chains. These integrations position Bitcoin as a major driver of DeFi adoption, bringing more utility to its traditionally static liquidity.

Looking ahead, Bitlayer plans to continue expanding the BitVM ecosystem by partnering with additional blockchain networks and DeFi protocols. The goal is to create a comprehensive and interconnected framework that spans the entire blockchain landscape.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Mar 01, 2025