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Bitfinity Network Expands Bitcoin’s Reach with New Layer 2 Solution

Crypto Economy 19 Nov 2024
TL;DR Bitfinity Network has launched its Mainnet, marking an important step in its development. The network has formed alliances with more than 60 projects to strengthen its cross-chain ecosystem. This collaboration seeks to promote interoperability between various blockchain platforms ... These partnerships span diverse sectors, from blockchain infrastructure to DeFi applications, expanding Bitfinity’s functionality and reach ... ....

Bitfinity bridges Bitcoin and Ethereum with new Layer-2 mainnet, raises $12 million

Cryptoslate 19 Nov 2024
Bitfinity Network, a Bitcoin Layer-2 solution compatible with the Ethereum Virtual Machine (EVM), has officially launched its mainnet after raising nearly $12 million, according to a Nov ... The Layer-2 network aims to bridge the gap between Bitcoin and DeFi, offering enhanced interoperability and abstraction. Its goal is to bring Bitcoin-native DeFi to ...

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# Name Price Volume (24h) % Change (24h)
1 Bitcoin (BTC) $ 9379.51121871 29291234397.1 -2.12 %
2 Litecoin (LTC) $ 68.6382381813 5720089694.18 -1.62 %
3 Ethereum (ETH) $ 181.975638826 11767008363.1 -0.48 %
4 Veritaseum (VERI) $ 18.45 0 0.00 %
5 EOS (EOS) $ 4.206085936 3774755482.59 -0.25 %
6 Centra (CTR) $ 0.01471 0 0.00 %
7 DigiByte (DGB) $ 0.0062005626 942236.540577 0.00 %
8 AdEx (ADX) $ 0.05420 88877.21 -1.21 %
9 Humaniq (HMQ) $ 0.004962 14208.2208233 0.00 %
10 Private Instant Verified Transaction (PIVX) $ 0.2293 734764.276735 -3.14 %
11 XRP (XRP) $ 0.2412959304 1903216173.21 0.88 %
12 Bitshares (BTS) $ 0.0211442821 3198719.09431 -1.80 %
13 BitSwift (SWIFT) $ 0.4051 0 0.00 %
14 OmiseGo (OMG) $ 0.9035012009 73564679.2141 2.52 %
15 Sphere Coin (SPHR) $ 0.06553 0 0.00 %
16 Ethereum Classic (ETC) $ 11.5038562535 2965506879.02 -0.61 %
17 NEM (XEM) $ 0.0454819175 29553422.0555 0.00 %
18 Rivetz (RVT) $ 0.007995 9993 -20.90 %
19 MaidSafe Coin (MAID) $ 0.1110 1367484.96476 -0.32 %
20 FunFair (FUN) $ 0.003110 659876.996354 -2.81 %
21 Paragon (PRG) $ 0.01592 362.34112 -12.81 %
22 Stratis (STRAT) $ 0.3037 985978.792886 -0.12 %
23 NavCoin (NAV) $ 0.1015 659640.563461 -1.83 %
24 Rise (RISE) $ 0.002627 44551.98061 3.45 %
25 Verge (XVG) $ 0.0037872163 759364.83599 5.08 %
26 Reddcoin (RDD) $ 0.0007190 40259681.7228 25.00 %
27 TenX (PAY) $ 0.05483 456707.500823 -0.13 %
28 Waves (WAVES) $ 0.8912100364 82970286.3014 1.84 %
29 Lisk (LSK) $ 1.0365054837 6082448.73385 6.17 %
30 KickCoin (KICK) $ 0.0000969519 57571.4577545 5.26 %
31 Monero (XMR) $ 72.1346716882 107010674.883 0.86 %
32 Komodo (KMD) $ 0.6368109417 2702396.03471 3.95 %
33 BitcoinDark (BTCD) $ 22.00 0 0.00 %
34 Dash (DASH) $ 129.41 44110.8016989 2.43 %
35 Gnosis (GNO) $ 15.82 542.73541475 -0.64 %
36 Populous (PPT) $ 0.5442 589469.581183 5.01 %
37 NEO (NEO) $ 11.5080200258 470747259.833 7.02 %
38 BitConnect Coin (BCCOIN) $ 1.00 0 0.00 %
39 Tether (USDT) $ 1.0003916102 40283398497.6 0.00 %

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Latest News for: Bitcoin finance

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Bitfinity Network Expands Bitcoin’s Reach with New Layer 2 Solution

Crypto Economy 19 Nov 2024
TL;DR Bitfinity Network has launched its Mainnet, marking an important step in its development ... One of the most notable elements of this announcement is Bitfinity’s partnership with over 60 relevant projects in the cryptocurrency and blockchain space.
Edit

Bitfinity bridges Bitcoin and Ethereum with new Layer-2 mainnet, raises $12 million

Cryptoslate 19 Nov 2024
Bitfinity Network, a Bitcoin Layer-2 solution compatible with the Ethereum Virtual Machine (EVM), has officially launched its mainnet after raising nearly $12 million, according to a Nov ... Bitfinity ...
Edit

Bitfinity Network launches Bitcoin L2 with $12M backing

BitRSS 19 Nov 2024
Bitfinity Network secures $12M to bring EVM compatibility and expanded DeFi functionality to Bitcoin using ICP’s Chain Fusion ... .
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Internet Computer price prediction 2024-2030: Is ICP a good investment?

Cryptopolitan 13 Nov 2024
Internet Computer Protocol (ICP) has seen significant growth in cross-chain messaging, with its Chain Fusion protocol experiencing a 1,230% increase in usage, mainly from Bitcoin-native apps like Rainbow Protocol, Tap Protocol, and Bitfinity ... ....
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Bitfinity pioneers Bitcoin-Ethereum integration with EVM compatibility

Invezz 17 May 2024
Bitfinity Network has announced a groundbreaking development in the blockchain space by enabling Ethereum Virtual Machine (EVM) compatibility on the Internet Computer (ICP) platform ... The Bitfinity Ethereum Virtual Machine (EVM).
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Internet Computer-Based 'Bitfinity EVM' Launches as Bitcoin L2, Supports Runes

CoinDesk 17 May 2024
The Bitfinity EVM is designed to allow developers to Bitcoin-based Solidity smart contracts, allowing them to transfer BTC, Ordinals and Runes ... .
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Bitfinex CTO Confirms Database Breach Claim Was ‘Fake’

Coinspeaker 06 May 2024
Shinoji Re­search later admitted to acting too hastily, clarifying that FSocie­ty likely compiled a list of login crede­ntials from previous breaches, not from Bitfine­x ... The Bitfine­x incident serves ...
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Listen back to Internet Computer community building on Bitcoin ahead of ICPCC24

Cryptoslate 22 Mar 2024
Hosted by CryptoSlate’s Akiba, the space featured insightful dialogue with key figures from the ICP community, including Isaac from the ICP Code & State team, Max from Bitfinity, Kyle from The Swop, and Darren, an ICP content creator.
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What could be altered by the Bitcoin Halving in 2024?

CryptoNewsZ 13 Mar 2024
There is no denying that Bitcoin halving has the ability to change the game in 2024 and beyond ... The forthcoming Bitcoin halving will benefit Bitfinity and the Bitcoin ecosystem in a multitude of ways ... Tags. Bitcoin News ... March 13, 2024. Tags. Bitcoin News.
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Unlocking Blockchain Connectivity: Tech Insights from Tommy, Head of Operations at Ordify

Cryptopolitan 27 Feb 2024
This expansive support encompasses a wide array of platforms such as BRC20, Stacks, Bitfinity, coreDAO, and B2 layer, as well as extending its reach to projects on Ethereum, BSC, Avalanche, Polygon, Arbitrum, Optimism, and Solana ... ....
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Is Kelexo (KLXO) about to change the way we lend & borrow online? Stacks (STX) ...

Coin Edition 24 Feb 2024
The traditional banking system with its many regulations and centralized control has long been the primary avenue for borrowing and lending ... (KLXO) is at the forefront of this transformation ... company, which owns and operates the Bitfine… ....
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SatoshiVM Team-Linked Wallet Sells $3 Mln SAVM, A Pump & Dump Case?

CoinGape 22 Jan 2024
Daniel, another analyst, responded to BareNakedCrypto’s tweet and stated that a legitimate Bitcoin Layer 2 project could attract funding from popular venture capitalists like Bitfinity and wouldn’t have to depend on influencers.
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Conflux, a blockchain compliant with Chinese regulations, launches EVM-compatible Bitcoin L2

OBN 19 Jan 2024
BRC20 tokens can now be handled ... Big news! Introducing the new frontier of Conflux ... Bridge diverse asset types from the ... “Bitfinity” with EVM compatibility on Bitcoin Layer 2 raises $7 million Achieving interoperability between various blockchains ... ....
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Despite becoming a designated participant in Bitcoin ETF, JP Morgan CEO emphasizes skepticism towards Bitcoin

OBN 18 Jan 2024
For example, Bitfinity, a project that can deploy smart contracts written in Solidity (Ethereum’s programming language) for Ordinals and BRC-20, has raised a total of $7 million (1 billion yen).
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Bitcoin ETF provider Franklin Templeton has high hopes for Bitcoin, Ethereum, and Solana

OBN 18 Jan 2024
In addition, Bitfinity, which enables the introduction of smart contracts that are not included in Bitcoin Layer 1, has raised a total of $7 million (1 billion yen) and plans to launch its mainnet at the end of this month or early February.

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