Defina completed a new round of funding on 2021-09-06.

The major upgrade of BitVM propels the Bitcoin ecosystem into a new phase. Bitcoin has reached an important milestone in terms of scalability and programmability - BitVM. Recently, the Bitlayer platform launched the first version of the Finality Bridge testnet based on the BitVM protocol, which is seen as a key step in advancing the Bitcoin ecosystem into a new phase. Compared to traditional Bitcoin bridging solutions, Finality Bridge employs an innovative combination of technologies, including BitVM smart contracts, fraud proofs, and zero-knowledge proofs. This combination not only enhances security but also significantly reduces reliance on third-party trust. Although it has not yet reached the complete trustless level of the Lightning Network, it has made significant progress compared to existing Bitcoin layer-two sidechain solutions and has opened up a broader design space for Bitcoin applications. Fina

BitVM technology breakthrough brings new opportunities to the Bitcoin ecosystem. The Bitcoin ecosystem has made significant progress, with the emergence of the BitVM protocol marking a notable breakthrough in scalability and programmability for Bitcoin. Recently, Bitlayer, based on the BitVM protocol, launched the first version of the Finality Bridge testnet, which is seen as a key step in the Bitcoin ecosystem entering a new phase. The innovation of Finality Bridge lies in its unique combination of technologies. It integrates BitVM smart contracts, fraud proofs, and zero-knowledge proof technologies, enhancing security while significantly reducing dependence on third parties. Although it has not yet reached the complete trustless level of the Lightning Network, it has made significant progress compared to existing Bitcoin layer two sidechain solutions, while greatly expanding the possibilities for Bitcoin applications. Fina

Australia will begin testing its central bank digital currency as part of a six-month trial under Project Acacia, exploring its role in wholesale financial markets. Per a July 10 statement from the Reserve Bank of Australia (RBA), the trial would involve a range of participants from across the fina

In the rapidly evolving world of digital assets, one persistent challenge has been the delicate balance between transparency and privacy, especially for large financial institutions. While blockchain’s inherent transparency is a boon for many, it often poses a significant hurdle for traditional fina

#BTC - Charts Don’t Lie, Only the News Does! 📊 Revisit my post from March 24 — I was already highlighting the same targets, and guess what? We’re gearing up for the next move! 🔥 UPDATED Chart & What’s Next: I firmly believe #Bitcoin is on a fast lane towards $130K — a critical Fib level at 1.414. From there, expect a Nasty retrace before continuing upward to my ultimate target at $173K (Fib 1.618)!🔢 ⏳TIME WILL TELL ⏳but for now—HODL tight and stay patient! 💪🔒 The Fina Phase Is Almost Here