According to Gate News bot, the Bitcoin Layer 2 network Stacks is utilizing Wormhole's NTT (Native Token Transfer) standard to achieve multi-chain deployment of its ecosystem assets for the first time. This cross-chain expansion mainly involves two core assets: the decentralized Bitcoin anchor currency sBTC and Stacks' native token STX.

Gate News bot消息，据Foresight News报道，Bitcoin生态公链Side Protocol宣布即将启动Testnet升级计划。 This upgrade expands the wallet support range, integrating other Bitcoin wallets besides the Side Wallet. At the same time, new pooled tokens such as ETH and sBTC are added, and the minimum repayment deadline restriction is removed. litre

Gate News bot News, Copper, a company focused on digital asset custody and collateral management, announced the expansion of support for Stacks (STX) and sBTC. sBTC is a Bitcoin-based asset that sits on Stacks Layer 2 and is pegged 1:1 to BTC, enabling Bitcoin holders to access smart contracts, DeFi, and other programmable financial use cases while maintaining a direct connection to Bitcoin's value, with the aim of bringing Bitcoin liquidity to DeFi applications, creating new opportunities for yield, lending, and cross-chain interoperability. The integration enables Copper's global customers to "securely store, transfer, and manage sBTC and their existing digital asset portfolios, further enhancing access to the Bitcoin DeFi ecosystem."

Gate News bot news, the DeFi protocol ALEX has encountered an attack event due to a vulnerability in the coin listing verification logic. In this attack, the ALEX protocol lost approximately $8.37 million in assets, including 8.4 million STX, 21.85 sBTC, 2.8 WBTC, and about $150,000 in stablecoin. The ALEX Lab Foundation has responded to this incident, announcing that it will fully compensate affected users in USDC. The compensation amount will be calculated based on the average on-chain price on the evening of June 6, and payment will be completed within 7 working days after confirming the relevant information. Source: Wu Says

Golden Finance reported that the Bitcoin Layer 2 network Stacks announced that the sBTC withdrawal feature is now live. To ensure the normal operation of the system, the withdrawal limit will temporarily be restricted to 150 BTC per day.

Odaily Planet Daily News Stack announced today the launch of sBTC Cap-2, with a deposit limit increase of 2,000 BTC on top of the existing 1,000 BTC limit, bringing the total capacity to 3000 BTC. Earlier news, sBTC was launched on Stacks Mainnet in December last year, backed 1:1 by BTC, aiming to unlock access to Decentralized Finance for BTC.

ChainCatcher news, USDh developer Hermetica (a stablecoin built on the BTC layer 2 Stacks) has completed a transaction, bringing approximately 3 million USD of Liquidity to the Token. Hermetica and BTC lending protocol Zest plan to provide USDh through sBTC lending

CoinWorld News, StakeStone Berachain Vault has opened BTC deposit, users can deposit WBTC/cbBTC/SBTC to obtain their vault LP certificate beraSBTC and receive rewards, while also being able to use beraSBTC/beraSTONE for trading, borrowing, leveraging, and other operations to unlock more opportunities and returns in Decentralized Finance. In addition, the first 2000 early bird users who deposit more than 0.0015 SBTC/cbBTC will each receive 150 future STO Token rewards, totaling 300,000 tokens. Users participating in this StakeStone Berachain Vault will also receive the following Liquidity rewards: 1.5% of the total future STO supply.

Golden Finance reported that sBTC has been launched on StacksMainnet.

Odaily Planet Daily News BTCscaling solution Stacks recently announced on the X platform that sBTC will be launched next week. Users can deposit BTC into sBTC and earn BTC through the sBTC reward program.

Golden Finance reported that Portal Ventures, a cryptocurrency venture capital fund prior to the seed round, raised an oversubscribed $75 million encryption fund, supported by Chris Dixon and Marc Andreessen. Meanwhile, Portal Ventures will hold a seminar aimed at educating institutional investors about the role of sBTC in improving BTC capital efficiency and transforming it into a productive asset. Portal Ventures has also led multiple rounds of Stacks.

The pre-staking activity conducted by Plume Network in collaboration with StakeStone reached the asset cap of 5 million US dollars within 5 minutes, attracting active participation from the community. Users can earn Plume Rewards by depositing SBTC and STONE. The activity has been reopened and the deposit limit has been increased.

Plume Network announced a partnership with StakeStone to launch a pre-stake activity, using SBTC and STONE to deposit into the reserve fund to receive Plume Rewards. By integrating StakeStone's adaptive stake protocol with Plume's infrastructure, participants can enjoy Cross-Chain Interaction Liquidity benefits. Plume is a fully modular chain focusing on RWAfi, while StakeStone is a multi-chain Liquidity asset protocol that provides diversified income-generating liquid assets.

The Nakamoto upgrade of the BTCLayer2 network Stacks has been successfully launched, achieving finality of 100%, and rapidly shortening Block latency to a few seconds, no longer forked with BTC, with core developers focusing on network security and conducting large-scale upgrades, and SBTC is expected to go live within 4-6 weeks. These upgrades are not critical Consensus upgrades, but normal Node upgrades.

BlockBeats news, on September 17th, according to Decrypt, BTC Layer 2 network Stacks is integrating with Aptos, a Layer 1 network based on Move language. This collaboration will introduce sBTC to Aptos.

BlockBeats News, on August 9th, the Stacks Foundation announced in a post on X that the final code of the Nakamoto upgrade will be sent to network operators on August 28th, and the activation window will be opened. sBTC will be ready for Mainnet release within 4 weeks after the Nakamoto hard fork.

Digital asset custodian BitGo announced support for the Nakamoto and sBTC upgrades of Stacks, allowing users to map BTC to the Stacks network's sBTC via decentralization and unleash the economic potential of BTC, thereby achieving second-level transaction speeds. This is considered a major step in the development of BTCL2.