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Bitcoin Project Citrea implements bridge to tackle the security bottlenecks by using BTC in Defi

A project aimed at expanding Bitcoin’s tool is to tackle the security requirements to bridge the bridge between blockchain for programmable layers 2s. Rollup Project Citrea implemented its Clementine Bridge on the Bitcoin test network. The bridge uses BitVM2 programming language to extend the provision for decentralized financing (DEFI) on Bitcoin by using it to

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Bitcoin breaks through ichimoku cloud that leads the bullish charge while XRP, ada, DOGE and ETH layer

This is a daily technical analysis of Coindesk analyst and chartered market technician Omkar Godbole. Bitcoin (BTC) has finally surpassed a key resistance that limited recovery amounts earlier this year after he rose over 5% to $ 93,500 in 24 hours. The leading digital asset by market value has topped the “Ichimoku cloud” confirming a

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How liquidity fragmentation threatens defi

The maturation of defi-technology has created a paradox: While combat-tested code bases and increasing technical skills have lowered the barrier to access to launch new protocols, it has never been more difficult to ensure sustainable liquidity. As thousands of projects built on increasingly standardized infrastructure are competing for a final pool of capital, the ecosystem

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Riot Platforms ensures $ 100m Bitcoin-supported credit line from Coinbase

Bitcoin (BTC) Miner Riot Platforms (RIOT) has signed a $ 100 million credit deal with Coinbase’s credit arm using Bitcoin as a security to secure short -term funding for its ongoing expansion. The public traded mining company said in a press release that it would draw on the plant over the next two months. The

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