A naukri.com initiative
Cryptonews
2d
126
Cardinal Leap: Cardano Bridges Bitcoin into DeFi
- Cardano launches Cardinal, a protocol to connect Bitcoin with its DeFi ecosystem.
- Cardinal unlocks Bitcoin liquidity by wrapping UTXOs for DeFi on Cardano, utilizing MuSig2 and trust-minimised setup.
- BitVMX powers off-chain execution for safe interactions between Bitcoin and Cardano networks.
- The operational system is pending full launch with version 1.0 updates in development.
Read Full Article
7 Likes
For uninterrupted reading, download the app