bitlayer

According to on-chain data, the Bitlayer team's multi-signature address (0x8E9E...c641) is conducting token cross-chain and aggregation operations. Transaction records show that this address transferred BTR tokens from the ETH chain to the BSC chain, and in two transactions (500,000 and 1,500,000 respectively), a total of 20 million BTR was ultimately transferred to the Binance Alpha wallet address.According to CMC data, the current circulating supply of BTR is 333.28 million, and the total amount transferred to Binance from this address accounts for approximately 6% of its total circulating supply. BTR is currently priced at $0.03385, with a 24-hour increase of 6.24%, and its circulating market capitalization is approximately $11.28 million.

Bitlayer ($BTR) has plummeted 80% since yesterday afternoon, with the price dropping from $0.2 to $0.04. On-chain data shows that within a day, 41% of the circulating supply (about 140 million coins) of $BTR flowed into the Bithumb exchange, which is suspected to be the main dumping ground or price manipulation site for this spot trading.

ChainCatcher news, according to the official announcement, Bithumb has launched the Bitlayer (BTR) KRW trading pair.

ChainCatcher news, according to official Bitlayer information, the Token Generation Event (TGE) for the BTR token is about to launch.BTR is the governance token of the Bitlayer ecosystem, with a fixed total supply of 1 billion tokens and an initial circulating supply of 261.6 million tokens, accounting for 26.16% of the total. The tokens will be minted on the Bitlayer network and distributed through the Ethereum mainnet and BNB Smart Chain to achieve cross-chain compatibility.The uses of the BTR token include staking and node voting, on-chain governance, and fee distribution mechanisms. The token distribution plan is as follows: ecosystem incentives account for 40%, investors and advisors account for 20.25%, core team accounts for 12%, public distribution accounts for 11%, node incentives account for 7.75%, treasury accounts for 6%, and liquidity accounts for 3%.

ChainCatcher news, Binance Alpha will launch spot trading for Bitlayer (BTR) on August 27, 2025, at 18:00, and will launch BTRUSDT perpetual contracts at 18:30, with a maximum leverage of up to 50 times. Eligible users can claim an exclusive airdrop through Binance Alpha points from August 27, 18:00 to August 28, 18:00.

ChainCatcher news, according to DeFiLlama data, the current TVL of the Bitcoin DeFi infrastructure project Bitlayer is $430 million, ranking it first among Bitcoin Layer 2 ecosystem projects.According to Nansen data, in the past 7 days, the number of active addresses on the Bitlayer chain has increased by 118% to 27,700, leading the growth rate among mainstream public chains.According to official information, the YBTC series of assets issued by Bitlayer has recently been officially launched and successfully deployed to multi-chain ecosystems such as BSC, Sui, Avalanche, Ethereum, and Plume. Recently, the minting and staking activities of YBTC across various protocols have stimulated a rapid increase in Bitlayer's on-chain active addresses.It is understood that Bitlayer will further expand its integration and cooperation with more leading protocols in the future.

ChainCatcher message, Binance Wallet announces that the Bitlayer Booster event is now live, with the first phase sharing 5.7 million BTR rewards. Users with Alpha points greater than or equal to 61 can participate in the event.

ChainCatcher news, focusing on Bitcoin DeFi infrastructure, the project Bitlayer has officially released its summer launch event video. The event themed "The Ultimate Bitcoin DeFi Infrastructure" saw project co-founders Kevin He and Charlie Hu systematically disclose Bitlayer's latest technological advancements and detailed product roadmap for the first time, clarifying its goal of building the ultimate BTCFi infrastructure.According to the information disclosed at the event, key recent advancements by Bitlayer include:BitVM Bridge mainnet Beta version launched: After more than six months of internal and public testing, the first Bitcoin cross-chain solution based on the BitVM paradigm, BitVM Bridge mainnet Beta version, has officially launched;Release of Bitlayer Network 2.0 white paper: The team has officially released the Bitlayer Network 2.0 white paper, marking the transition of Bitlayer Network into the Rollup architecture phase;Bitlayer Network V3 will focus on high-performance execution: The core goal of V3 is to address the high-performance execution challenges of Bitcoin's second-layer network, aiming to achieve: a customizable high-performance native transaction engine, a horizontally scalable clustered system architecture, an EVM-compatible high-performance parallel execution engine, and providing a CEX-level user experience.As of now, Bitlayer has raised a total of $25 million in funding, with a strong lineup of investors including Polychain Capital, Franklin Templeton, ABCDE, StarkWare, OKX Ventures, Alliance DAO, and UTXO Management, providing a solid foundation for the project's ongoing research and ecological development.

According to ChainCatcher news, the Bitcoin Layer 2 ecosystem team Bitlayer announced a strategic partnership with five public chains and protocols, including Base, Starknet, Arbitrum, Sonic, and Plume Network, to promote the integration and deployment of BitVM Bridge and the integration of ecological protocols, providing users with a secure and highly scalable multi-chain experience for BTC assets, and unlocking trillions of dollars in liquidity from the Bitcoin ecosystem for the Base, Starknet, Arbitrum, Sonic, and Plume Network ecosystems.It is reported that BitVM Bridge is a trust-minimized BTC bridge developed by Bitlayer, characterized by high security, support for native yield, and programmability.

ChainCatcher news, Ola announced a collaboration with the Bitcoin Layer 2 project Bitlayer to launch the first round of mobile "dual mining" activities. The event will take place from January 27, 2025, to February 26, 2025, allowing users to experience the "one-click dual mining" feature on the Massive platform while earning OLA tokens and Bitlayer points.During the event, participants will share 5.74 million OLA tokens and 20 million Bitlayer points, and Bitlayer points can be redeemed for tokens during the TGE period in the second quarter of 2025.Participation is simple: download and register on Massive (available on the App Store, Google Play, Android, and Solana app markets), connect to the Bitlayer chain, and start mining. By checking in daily, staying active, inviting friends, and participating in social interactions, users can further enhance their earnings.This event offers generous rewards to users while deepening the collaboration and development between Ola and Bitlayer in the Bitcoin ecosystem.

ChainCatcher news, Ola announced that next week it will launch the first round of the mobile app "dual mining" event in collaboration with the Bitcoin Layer 2 project Bitlayer. Users will experience "one-click dual mining" on the Massive platform for the first time ------ earning rewards from two Bitcoin projects simultaneously.The official statement indicated that the event will last for 30 days, with a base prize pool of 5.74 million OLA tokens and 20 million Bitlayer points. The prize pool will dynamically grow based on the number of participants. Users can download and register on Massive, connect to the Bitlayer chain, and start "one-click dual mining," redeeming points for tokens during the Bitlayer TGE period. Earnings can be further enhanced through daily check-ins, maintaining app activity, inviting friends, and participating in social media interactions.According to previous reports, the Massive App is a core component of Ola as a Bitcoin ecosystem yield enhancement layer, with over 1.5 million registered users, supporting both iOS and Android versions, and is currently available on the App Store, Google Play, Solana application market, and other channels.

ChainCatcher news, the first Bitcoin Layer 2 solution built on the BitVM paradigm, Bitlayer, officially announces the launch of the first minimal trust BTC bridge powered by BitVM technology, the Finality Bridge.The Finality Bridge is built on BitVM technology, featuring high security, support for native yield, and programmability. It allows users to securely mint BTC into YBTC (Yield BTC) tokens in a minimal trust manner, participating in liquidity mining, staking, or lending in DeFi scenarios within the Bitlayer and other blockchain ecosystems, all while obtaining diversified integrated yields without worrying about complex conversion processes and high transaction costs. Currently, the Bitlayer Finality Bridge is live on the testnet, allowing users to test and experience it. The technical team will launch more new features after collecting feedback from the testing phase.

ChainCatcher news, DeAgentAI today announced that it will jointly participate with Bitlayer in the Bitlayer BTCFI Carnival event held on Binance Wallet. This event will start on January 7, 2025, and will last until February 12, 2025, bringing users a total airdrop of 3.5 million AIA tokens. Users can participate and claim rewards by completing social media tasks through the Binance Wallet.

ChainCatcher news, the Bitcoin native Layer 2 project Bitlayer based on Bitcoin Finality has officially launched the BTCFi Carnival event in collaboration with Binance Wallet, which will last until January 24, 2025. During the BTCFi Carnival, Binance Wallet will host exclusive events for 2-3 BTCFi projects each week, distributing a total of $1.2 million in BTR rewards and generous rewards from ecological projects to participating users.Currently, Binance Wallet has launched the first week's event with a $600,000 BTR incentive. Users can now log in to the page to complete social tasks and daily check-in tasks set by Bitlayer, and upon verification, they can receive corresponding BTR rewards.In addition, Bitlayer has added an extra 10 million BTR prize pool for continuous check-in rewards, and will soon launch a feature for Bitlayer Lucky Helmet NFT holders to directly claim exclusive BTR rewards.

ChainCatcher message, Binance announced a $5 million airdrop carnival due to the redesign of the Binance wallet, allowing users to experience the improved Binance wallet and upgraded airdrop area.This week, Binance will launch token airdrop events for the Bitlayer, Orderly, and Prosper projects, with the Bitlayer airdrop already live in the Binance wallet. Other projects will be announced in the coming weeks.

ChainCatcher news, Web3's first feedback mechanism incentive protocol DeAgentAI partners with Bitlayer to launch the AlphaX Royale event. Establishing a user feedback mechanism with deep consensus is an important measure to enhance AI model capabilities. DeAgentAI is committed to leveraging technology and ecological construction to continuously expand market influence, consolidate community consensus, and further optimize the dataset and underlying framework of the feedback mechanism incentive protocol. It is reported that DeAgentAI has also collaborated with projects like oooo and KiloEx to achieve better incentive effects through the establishment of a gas reward pool, free distribution of treasure boxes worth $200,000, and the distribution of 10 million AlphaX points.Research shows that DeAgentAI has achieved significant market success in previous events, with over 1 million participating users and more than 2.5 million on-chain transactions, providing ample data and experience support for DeAgentAI's construction of a decentralized feedback mechanism incentive protocol.

ChainCatcher news, the Bitcoin native Layer 2 project Bitlayer has announced the preliminary shortlist for the first phase of its Developer Acceleration Program (Booster Grants Program), with a total of 11 projects passing the preliminary selection and entering the final selection stage.The Bitlayer Acceleration Program is part of the developer airdrop initiative Ready Player One, primarily aimed at ecological projects that are planned or have been deployed to Bitlayer. Starting from September 12, 2024, the Bitlayer Foundation will select outstanding ecological projects from the registered projects each month, with a maximum allocation of ecological incentives valued at $1 million.Currently, Bitlayer has officially announced the list of projects that passed the preliminary selection in the first phase, covering multiple sub-tracks such as BTC-Fi, AI, and gaming, which are:RollDex: A Bitcoin native perpetual contract and derivatives trading platform within the Bitlayer ecosystem.bullishs: The first full-chain advertising gaming platform using seamless trading technology.Cygnus Finance: The first modular real yield layer that combines non-EVM systems with the EVM ecosystem.DeAgentAI: A decentralized artificial intelligence agent incentive protocol that allows users to create and deploy their own AI agents.Desyn: A decentralized asset management protocol that allows users to create and manage customized portfolios based on liquidity pools through smart contracts.Fun Worlds: A Web3 gaming empowerment platform aimed at building a DAO-governed Web3 value interaction platform.Jasper Vault: A decentralized options protocol designed to provide users with intuitive, simple, and secure options products.Trusta Labs: Building a Web3 authentication system that combines PoH, reputation, and credit infrastructure.Umoja: Provides algorithmic trading liquid staking tokens Smartcoins based on BTC, ETH, and SOL, using DeFi strategies to achieve specific risk returns.UXUY: The first self-custodial multi-chain wallet based on Telegram, now live and supporting third-party Bot connections.Xenobunny: A pioneer in on-chain gaming and guilds.