Digital asset custody provider BitGo announced support for Stacks' Nakamoto and sBTC upgrades

BlockBeatNews
STX1,64%
SBTC2,26%
ETH1,17%
WBTC2,18%

BlockBeats news, on July 19th, digital asset custodian BitGo announced support for the Nakamoto and sBTC upgrades of Stacks. BitGo is a signer of WBTC on Ethereum and will be one of the dozens of institutional signers for sBTC. After the sBTC upgrade, users will be able to securely map BTC to Stacks network’s sBTC through Decentralization, achieving instant transaction speed and fully unleashing the economic potential of BTC. Muneeb, co-founder of Stacks, said, ‘This is a big step forward for BTC L2.’

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
GateUser-6946217fvip
· 2024-07-30 22:09
To Da Moon 🌕
Reply1
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)