Bitcoin DeFi project ALEX exploited again, aBTC depegs
The issue concerns failed transactions on Stacks, a DeFi-focused layer two scaling solution for the Bitcoin network.
Bitcoin24h
$108,175.54-2.11%
Ethereum24h
$3,845.84-3.25%
BNB24h
$1,060.98-3.51%
XRP24h
$2.42-2.83%
Solana24h
$185.64-2.02%
TRON24h
$0.3221-0.07%
Dogecoin24h
$0.1938-3.27%
Cardano24h
$0.6414-3.16%
Chainlink24h
$17.53-7.12%
Hyperliquid24h
$35.04-7.73%
What is Stacks and does it really serve as DeFi for Bitcoin?
Stacks is described as enabling “DeFi, NFTs, apps, and smart contracts for Bitcoin.” Which made us wonder: how well does this work?
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