🟧 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 👇

🚀 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 👇

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 👇

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 👇

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 👇

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 👇

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 👇

💡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 📨

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! 👈

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 📰

🚨 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 👈

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 👈

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👈

Bitcoin Frontier Fund launches the FIRST Ordinals Accelerator Program 🚀

Led by its Managing Partner, Trevor Owens, Bitcoin Frontier Fund aims to foster growth around Ordinals. 📈

They plan to award multiple startups mentorship opportunities and a $100,000 investment. 🏆

Read more at Decrypt 👈

🚨 Ledger x Stacks 🚨

Great news! You can now create a Stacks $STX account in the Ledger Live Desktop and Mobile! 🚀

ℹ️ The Stacks app is available on the Ledger Nano S Plus & Nano X

Managing STX tokens through Ledger Live is easy ⤵️
1️⃣ Open your Ledger Live app
2️⃣ Navigate into the accounts tab in Ledger Live & create a Stacks account
3️⃣ Verify & confirm the address to deposit tokens

More HERE 👈

Build on Bitcoin 101 📖

Want to Build on Bitcoin but don't know where to start? 🤔

We've got you covered and found a great resource from a crew of long-time Bitcoiners who have worked on everything from Lightning to Core and more! 👇

ℹ️ Bitcoin Primer is an introductory course designed to help beginners learn the fundamentals of Bitcoin itself and how to build full-stack decentralized applications on Bitcoin L2s.

Learn more HERE 📙

Bitcoin economy's exponential growth 📈

Did you know that hundreds of Bitcoin builders signed up for the next Layer 2 Builders event? ✔️

This a testament to the increasing interest and excitement around building on Bitcoin and the willingness to participate and build in this community 🔥

Want to start your Bitcoin journey as well? 🛠️

Learn more about sBTC 📖

Get your weekly updates here 🗞️

An introductory course to building on Bitcoin 🔍

ICYM: Stacker Chats on what's next and updates 🎙️

Catch Trust Machines' Gina Abrams and Muneeb Ali (also the founder of Stacks) as they discuss various advances and news in the ecosystem and exciting Bitcoin innovation. 💬

Tune in below 👈

Learn more about the next unlock for Bitcoin 🔓

Learn to create smart contracts for free ✍🏻

What are some use cases for Bitcoin L2 Smart Contracts? 🤔

Rick Bartelink of Stacks Open Internet Foundation shares his thoughts and gives us great examples of areas we can utilize these smart contracts. 🚀

"Smart contracts, code allowing you to create automatic processes for products and services secured by a decentralized distributed ledger called a blockchain, are causing many developers to think differently about building applications" 💭

Read it HERE 👈