menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Technology News

>

Bitfinity ...
source image

Cryptoslate

1M

read

265

img
dot

Image Credit: Cryptoslate

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

  • Bitfinity Network, a Bitcoin Layer-2 solution compatible with the Ethereum Virtual Machine (EVM), has launched its mainnet after raising nearly $12 million.
  • The Layer-2 network aims to bridge the gap between Bitcoin and DeFi, offering enhanced interoperability and abstraction.
  • Bitfinity's mainnet launch follows significant institutional backing and a successful token sale, with the token now listed on major exchanges.
  • The network integrates Internet Computer Protocol's (ICP) Chain Fusion Technology and uses a threshold signature scheme to enhance security and control.

Read Full Article

like

15 Likes

For uninterrupted reading, download the app