Hi Bitcoin Builders,
Happy $100k Bitcoin Week!
This week, Alpen Labs introduced the Strata Bridge. Strata Bridge is based on BitVM2 and it aims to unlock access to BTC in “programmable, private, and scalable environments.”
Hans (@trackoor) gives the following summary of the BitVM improvements:
- No pre-funded operators: Reusable collateral eliminates funding overhead, fully trustless.
- Optimistic-ZK hybrid: Groth16 proofs → TapScripts, invalid = slashed.
- Canonical validation: Light clients validate chain w/ minimal trust & attack surface.
Congrats to the Alpen team!
News:
Sui teams up with Babylon Labs, Lombard, and Cubist to bring BTC to Sui DeFi.
Atomic Swaps come to Rootstock.
Zeus Network partners with Solv protocol to bring Bitcoin liquidity to Solana.
Tether to partner with Cantor Fitzgerald for multibillion-dollar, Bitcoin-backed US dollar loans.
BitcoinOS executes the first ZK Bridge transaction on Bitcoin. Bitcoin Layers’ Janusz has some comments on the technicalities of it.
Stablecoins on Bitcoin could capture between $108B - and $483B in market cap by 2030 per UTXO management.
Other:
Tornado cash wins! A win for privacy.
Saylor presents the Bitcoin corporate strategy to Microsoft.