Interlay introduces new protocol for Bitcoin’s reciprocal relationship with DeFi

Interoperability network Interlay has released a 21-page technical whitepaper, titled XCC: Theft-Resilient and Collateral-Optimized Cryptocurrency-Backed Assets, advocating for the imminent development of cross-blockchain interoperability solutions to unlock a plethora of potential within the decentralized finance (DeFi) ecosystem. As a Polkadot (DOT) parachain, Interlay is focusing its efforts on opening pathways of communication and interaction between […]
Portal partner with Polygon to advance DeFi on Bitcoin

Decentralized exchange, or DEX, and self-custody wallet platform, Portal, has announced a strategic partnership agreement with layer-2 blockchain network, Polygon to advance Bitcoin functionality in the decentralized finance, or DeFi, market. Portal currently offers fully decentralized on-chain spot and options trading, as well as peer-to-peer lending and borrowing. This partnership is expected to expand these […]