Bitcoin Layer 2 project MAP Protocol has received strategic investment from waterdripfund

Bitcoin Layer2MAP protocol announced receiving strategic investment from waterdripfund. MAP protocol was established in 2019 and is a Bitcoin Layer-2 protocol for peer-to-peer cross-chain interoperability. By utilizing Bitcoin's security mechanism, MAP protocol not only enhances network security, but also achieves BRC20 cross-chain capability, allowing assets and users from other public chains to seamlessly interact with the Bitcoin network.

Comments

All Comments

Recommended for you

CointimeSG ·

South Korea's short-lived military rule sparks record crypto trading volume and more

South Korean crypto trading volume surged to a record $34 billion over the past day as President Yoon Suk-yeol declared and then rescinded emergency martial law, all within the space of six hours.
CointimeSG ·

Putin Touts Bitcoin as Russia Embraces Crypto to Counter Sanctions

Recent laws in Russia exempt crypto mining from VAT and have established a clear regulatory framework for the sector. The Russian President asserted that no one can ban Bitcoin, highlighting its resilience in the financial space.
CointimeSG ·

Austin Federa departs from Solana Foundation to start new protocol

DoubleZero’s goals are to increase bandwidth and reduce latency for blockchain projects and possibly other networks, such as those used for online gaming.
CointimeSG ·

MARA Raises $850 Million in Zero-Coupon Notes for Wall Street Bitcoin Push

The Bitcoin miner from Wall Street successfully closed an $850 million offering of zero-coupon convertible senior notes due 2031. The new resources will be primarily used to buy more BTC and refinance current debt.
CointimeSG ·

'I Liked the Coins': Dog-Themed Token Price Doubles After US Congressman Buys In

Ski Mask Dog, a meme coin launched on Base, jumped in price after Georgia Rep. Mike Collins acknowledged his investment in the asset.
CointimeSG ·

Bitcoin is ‘memetic’ and won’t stay down around $100K for long: Analyst

A crypto analyst predicted that Bitcoin won’t linger around the $100,000 level now that the psychological barrier has been broken, as the moment will gain widespread attention.
CointimeSG ·

Botanix Labs launching final testnet for its Bitcoin Layer 2 before 'Spiderchain' goes live in 2025

The creators of the “Spiderchain” scaling solution have unveiled a new testnet called Aragog, the final step before the mainnet launches early next year, the team said in a statement.
CointimeSG ·

StoneX to Offer Crypto Services to European Institutions under Irish Licence

The group’s digital asset unit received a crypto license from the Irish central bank. The crypto services will be integrated into the group’s suite of global prime brokerage services.
CointimeSG ·

Fed Chair Jerome Powell Likens Bitcoin to Gold, Says It’s Not Dollar Rival

Bitcoin rallied after Fed Chair Jerome Powell called it "digital gold" on Wednesday, though it again fell short of the $100K milestone.
CointimeSG ·

BIT Mining saw 3X profits mining DOGE, LTC instead of just Bitcoin

BIT Mining attributed its widened profit margins from DOGE and LTC to specialized LD3 mining machines it acquired from Bee Computing in 2021.