Bitcoin Layer-2 Network Stacks Begins Nakamoto Upgrade
Stacks co-founder Muneeb Ali (CoinDesk TV)
Stacks
SEC Drops Investigation of Bitcoin L2 Stacks and Builder Hiro, Filing Says
The conclusion of the probe into the company formerly known as Blockstack, which raised $70 million via token sales from 2017 to 2019, is another win for the crypto industry in its years-long struggle with the regulator.
‘Leading Bitcoin L2’ Stacks experiences network issues for the 4th time this year
The self-proclaimed leading Bitcoin (BTC) second-layer network has experienced issues with its block production, halting for the fourth time year-to-date. … Continue reading
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Stacks Begins 2-Step Rollout of Major ‘Nakamoto’ Overhaul
The upgrade seeks to solve congestion issues, and will officially launch in May.
OG Bitcoin L2 Stacks Is Getting a Major Overhaul
The Nakamoto update will decouple block production from Bitcoin itself, solving the problem of network congestion Stacks has had since it launched its mainnet in 2021.
The Protocol: Bitcoin’s Call for Volunteers, Ethena’s USDe, Blast’s Blast-Off
In this week’s issue of CoinDesk’s newsletter on blockchain technology, we’ve got an exclusive interview with Stacks co-creator Muneeb Ali. PLUS: More than $200 million of blockchain project fundraisings.
Stacks Creator Ali Calls Bitcoin ‘Apex Predator’ as Development Flourishes on OG Blockchain
Muneeb Ali, the co-creator of Stacks and Princeton-educated computer scientist who’s now CEO of the Bitcoin-focused development firm Trust Machines, spoke with CoinDesk’s Jenn Sanasie on the flurry of development and layer-2 building now taking place on the original blockchain.
Crypto Startup Velar Plans Perpetual Swaps Exchange for Bitcoin DeFi After Raising $3.5M
Crypto trading startup Velar raised $3.5 million to build a suite of DeFi tools for Bitcoin’s nascent DeFi scene
Bitcoin Could See Growth in Layer-2 Ecosystem, Drawing on Ethereum’s Experience: Report
The report by Singapore-based blockchain investment Spartan Group and Kyle Ellicott details how these auxiliary networks have drawn a page from the Ethereum blockchain’s playbook, and could spring up as demand grows for blockspace on Bitcoin.
Stacks’ STX Soars 27% on Positive Comments From Tim Draper
Stacks [STX], the native token of Stacks Network, rose by 25% on Wednesday on the back of praise from legendary investor Tim Draper.