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LoginTrending NewsAI AgentsMeme LaunchpadDeSciTopChainExplorerFor Newbee100x CoinsBee GameEssential WebsitesMust-Have APPCrypto CelebritiesDePINRookies EssentialTrap DetectorBasic ToolsAdvanced WebsitesExchangesNFT ToolsWeb3 UniverseGamesDAppBee HiveGrowing PlatformADRecharge CoinsLoginWeb3 UniGamesDAppBee HiveADhomeAnalysisAnalysisWyattcryptoRelated: BOB announced that it will introduce native BTC into the DeFi system on the BitVM test network, with support from ten in
On July 2, the hybrid Layer 2 project BOB (Build on Bitcoin) announced that it has officially enabled native BTC in its BitVM testnet, which is supported by ten industry leaders and DeFi leading institutions including P2P.org, Lombard, Solv Protocol, Amber Group, Ankr, RockawayX, Fiamma, UTXO Management, Luganodes and SatLayer. After the testnet is launched, the BitVM bridge and native BTC will be launched on the BOB mainnet in the fourth quarter of 2025. The successful activation of native BTC on the BitVM testnet has consolidated BOBs position as the home of Bitcoin DeFi, as it introduces native BTC (rather than wrapped BTC) into its extensive Bitcoin DeFi ecosystem, which is fundamentally different from other wrapped BTC currently used in DeFi that rely on centralized custodians or multi-signatures. BOBs BitVM…# Analysis# bitcoin# crypto# ethereum# Exchange# Market# ToolPre
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- Original translation: Luffy, Foresight News Editor