📝Ethereum Smart Contracts Proliferate On Bitcoin

Together with

GM Defiers!

Competition among teams building Layer 2 networks offering compatibility with Ethereum Virtual Machine smart contracts on Bitcoin is heating up. We recap the front-runners of the burgeoning Bitcoin L2 sector, and explore some of the projects that have already delivered smart contract functionality on Bitcoin.

In other Bitcoin news, the number of BTC users in El Salvador appears to have dropped by 50%, despite the country recognizing BTC as legal tender since 2019.

Plus, Frax has completed its v3 rollout with the launch of its new bonds feature, and BlockInvest is bringing distressed real estate loans on-chain via Polygon.

✍️ In today’s newsletter:

Forthcoming Bitcoin L2s boast EVM-compatibility
Salvadoran Bitcoin users sink 50% year-over-year
Frax bonds finalize v3 rollout
Distress real estate tokenized on Polygon

🎙️The Defiant Podcast & Interviews

DEX Aggregator Matcha Adds NEW Cross-Chain Functionality

🎬 WATCH

Check out our interview with the popular crypto trader and commentator, Fiskantes, to get his take on the recent bullish market momentum. Also watch our podcast with Matt Hougan, the CIO of Bitwise, to get his take on what the launch of spot Bitcoin ETFs means for the digital asset markets and web3 sector.

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A developer-friendly, Rust-based smart contracts platform designed for scale and sensibility. Coming soon to mainnet, Soroban seamlessly integrates with and works alongside the existing Stellar blockchain. Start building on Soroban today.