Stacks Updates

Hiro recently announced chainhooks 🚀 ℹ️ It’s a new way to build IFTTT logic in your applications based on real-time blockchain data. Chainhooks allow you to interact with Bitcoin layers by monitoring for specific events and triggering associated actions. Hiro is hosting a free webinar to teach you about the tool and how to set up your first chainhook! 🎙️ 🗓️ 08/17 ⌚ 11:30 AM ET RSVP Here 🈯 Intro to Chainhooks HERE👈

Registration closes tomorrow 📣 Become a Bitcoin L2 Startup Founder 🚀 Bitcoin innovation culture has been reawakened and it's time to build for the world’s largest, most liquid crypto economy. ⚒️ Join 'Ready Layer 2', the first ever Bitcoin Layer 2 focused pitch competition, and submit your best ideas, prototypes, and plans for new Bitcoin apps, products, and services. 🆕 Sign up 👈

🚨 alexGo.btc x Xverse 🚨 Amazing news for the Stacks community! ALEX's swap function is now accessible in the XVerse Wallet! Swap $STX and other SIP10 tokens for $ALEX directly! 🚀 Download Xverse App and try it out today! ◀️ Learn more about ALEX here 👈

🚨 Fresh from the press 🚨 Xverse raised $5 million in a seed round led by industry investor Jump Crypto 🚀 ℹ️ Xverse is the most advanced Bitcoin wallet. You can earn BTC, trade NFTs, and connect to Web3 apps through their platform powered by Stacks ℹ️ Jump Crypto is an experienced team of builders, developers, and traders who are excited about the prospects of Web3 and blockchain technology to revolutionize open, community-driven networks. Read more at CoinDesk 👈

Curious to know where Bitcoin mining will be after the halving 🤔 Rena Shah of Trust Machines shares her thoughts via CoinDesk! 🚀 "Former petroleum engineer Rena Shah says bitcoin miners will need to embrace eco-friendly trends like flare gas recovery and nuclear power after mining revenues are cut." 💭 Read the full article HERE 📰

Don't miss tomorrow's Twitter Spaces Session 🎙️ 💭 Magic Bridge: a protocol for atomic swaps between $BTC & xBTC on Stacks 📍Twitter Spaces 🗓️ August 9, 2023 🕛 12:00 PM ET 👥 With Kyle Ellicott, Hassan B., Hank Stoever, Jeff, and more! Set a reminder! 👈

💡Hiro Wallet recently announced a Developer Update 💡 They have published a documentation on their new DLC (Discreet Log Contract) support with DLC_Link 📄 ▶️ This demonstrates how to interface with Bitcoin Contracts in your apps using Hiro Wallet Read it HERE 📨

ICYMI: Announcing the Launch of Velar Dharma Beta Mainnet: A New Era of DeFi on Bitcoin The Velar Dharma Mainnet launch comes after months of meticulous development, rigorous testing, and invaluable community feedback from our Incentivized Testnet. Velar is proud to share that over 100,000 unique wallets actively participated in their testnet, demonstrating the immense interest and enthusiasm surrounding Velar Dharma. Introducing Velar Dharma Beta Mainnet Velar Dharma Mainnet introduces a Bitcoin Ecosystem’s first-of-its-kind Uniswap V2-inspired automated liquidity protocol built on Stacks, providing users with a seamless and efficient DeFi experience. Read more about the launch 👇

ICYMI: Allbridge releases a Stacks bridge, connecting the Stacks ecosystem to 19 other top chains and enabling new paths for Ordinals enthusiasts With the release of the new bridge, you'll have a smooth sailing experience when transferring your tokens and more freedom to move your assets between different networks, taking advantage of the unique perks that 19 different chains offer. Read more 👇

Stacks Snacks - Weekly Newsletter byes: These builders are thriving 🚀 ⭐️ Allbridge releases a Stacks bridge, connecting Stacks to 19 chains ⭐️ VelarBTC launched their beta on Mainnet ⭐️ DLC_link announces their wallet integration with Hiro ⭐️Magic Protocol announces $50K liquidity supply enabling BTC to xBTC swapping on Stacks Read the full newsletter 👇

BitFlow joins the sBTC movement, pledging to build innovative Decentralized Finance with native Bitcoin The recent surge in Bitcoin activity has created demand for robust DeFi infrastructure to support the growing ecosystem. With the emergence of ordinals and advancements in Discreet Log Contracts (DLCs), Taproot, and Stacks, new possibilities are being unlocked, bringing a tidal wave of opportunities to Bitcoin. View the full blog post 👇

How Stacks Achieves Maximum Security as a Bitcoin Layer with Bitcoin Finality (100+ Confirmations) Have you heard that the Stacks blockchain leverages something called "Bitcoin finality" to inherit the security of the Bitcoin network? This concept is key to understanding Stacks' unique settlement process and security model. On Bitcoin, transactions become irreversible once buried under enough "confirmations" (new blocks). More confirmations = more immutable. Read the full post by Alex Xela 👇

🚀 Building on Bitcoin is here, are you ready? Bitcoin innovation culture has been reawakened and its time to build for the world’s largest, most liquid crypto economy. 👉 Join 'Ready Layer 2', the first ever Bitcoin Layer 2 focused pitch competition, and submit your best ideas, prototypes, and plans for new Bitcoin apps, products, and services. Top 3 prizes for the best pitches ⭐️ $5,000 in cash/crypto ⭐️ $2,500 in cash/crypto ⭐️ $1,000 in cash/crypto ⭐️ All: Automatic interview with Startup Lab ❌ You don't necessarily need developer experience Join the pitch competition 👇

🟧 Messari Released its State of Stacks Q2 2023 🎯 Stacks’ market cap is up 53.3% YTD, fueled by Ordinals and other activity on Bitcoin. 🎯 TVL (USD) set its yearly high of $36.0 million, and TVL (STX) set its all-time high of 56.4 million STX. 🎯 sBTC is still in development, with the aim to grant Stacks access to a massive amount of BTC liquidity via a trust-minimized bridge. View the full report 👇

🟧 Stacks Q2 2023 - Let's take a look at what happened on Stacks 1) Building on Bitcoin is blossoming 2) Need for layers increases 3) Bitcoiners can innovate together - Stacks 2.1 Activation - Stacks crossed 100,000 block height - Smart Contracts surpassed 60,000 - Stacks outperformed the market - Top 50 of CMC's ranking ⌛️ sBTC & Nakamoto Release... View the full report 👇

What's happening on Stacks ❓ ⭐️ Hiro: Subnets are Ready for Mainnet ⭐️ ALEX: Partners with Luminex ⭐️ Hermetica Finance announces beta ⭐️ Project Indigo announces updates to their on-chain game Explore and subscribe to the weekly newsletter 👇

Stacks Positioned to meet Bitcoin L2 Demand 🟧 👉 LunarCrush reported Bitcoin L2 trending on all socials 👉 Digital Asset News reported Stacks to be the perfect layer for L2 demand 👉 Messari calls Stacks to be "perfectly positioned to meet that demand"

ALEX Bitcoin DeFi Launches Decentralized BRC20 Token Launchpad 🚀 ✅ Accessible to everyone ✅ Community decides which projects to launch ✅ Fast DEX trading ✅ BRC-20 scaled with Bitcoin L2 Stacks Check out the full ALEX announcement on the following medium post 👇

We’re excited to share that Stacks founder and CEO of Trust Machines Muneeb Ali will be speaking at TOKEN2049 🚀 ℹ️ TOKEN2049 is the premier crypto event, organized annually in Singapore, where founders and executives of the leading Web3 companies and projects share their views on the industry. Join him for an exciting talk about how Trust Machines is building a decentralized economy on Bitcoin. 💭 Get your tickets for TOKEN2049 now! 🎫 See you there! 👋

🚨 Happening in 2 days 🚨 Building on Bitcoin 🚀 All Roads Lead To Layer 2s 🛣️ You love Bitcoin. You love learning. You love connecting. So join us! 👋 ✅ July 13 ✅ 10 am - 2 pm ET Free registration HERE 🎫