Cardano Unlocks $1.3 Trillion in Bitcoin Liquidity with BitcoinOS Bridge Integration
On October 24, Cardano unlocked more than $1.3 trillion in bitcoin liquidity for its DeFi ecosystem through a new integration with BitcoinOS (BOS), a bitcoin smart contract platform. The integration is designed to improve cross-chain functionality and DeFi scaling by giving Cardano users secure access to Bitcoin without an intermediary.ZK cryptography will play a key role in this partnership, providing a trust-less method by which BOS can integrate BTC assets onto Cardano through verified, third-party-neutral transactions. (Cointelegraph)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: 46,900 SOL transferred from Wintermute to an exchange, worth approximately $6.53 million
Data: 5,959 ETH transferred from one exchange to another, valued at approximately $18.09 million.
Tether suspends bitcoin mining in Uruguay due to rising energy costs, laying off 30 local employees
Trending news
MoreCrypto prices
More
