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
Nasdaq opened higher but turned lower; Nvidia fell 1.47%, Oracle dropped 5.7%
Hangzhou Garden: Wanlin Shulian currently has no RWA business
Collins: The retreat of global economic integration may increase inflationary pressures
Michael Saylor posts "Stay the course," responding again to the market downturn
Trending news
MoreCrypto prices
More
