Thursday, April 25, 2024
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RSK Is Transforming The Bitcoin Network Into A Go-To Destination For Stablecoins And DeFi

In recent years, stablecoins have become wildly popular throughout the crypto universe due to their inherent feature that safeguards investors from the volatility of the crypto market. They are used for various use cases and exist across different blockchain platforms. Until recently, stablecoins, decentralized finance (DeFi), non-fungible tokens (NFTs), and other

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Argentina’s Banks Set to Use RSK Blockchain Technology for Tracking Payments

An Argentinian consortium of banks and technology companies under the patronage of the Central Bank of Argentina is promoting a pilot program implementing blockchain. The system would be used to handle direct account debit claims.The pilot was announced on April 21 by IOV Labs, the developer of the RSK blockchain.

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Bitcoin DeFi Looms Closer as RSK Launches Ethereum Bridge

The RSK project announced the creation of Token Bridge, an interoperability protocol between the Bitcoin-pegged sidechain and Ethereum, on Feb. 6. It could have important implications for the burgeoning decentralized finance (DeFi) ecosystem.RSK is a smart contract platform attached as a sidechain to the Bitcoin (BTC) blockchain. It uses

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RSK Launches Interoperability Bridge Between Bitcoin and Ethereum

The parent company behind the bitcoin-based smart contract platform RSK has launched a new token bridge joining it to ethereum.Gibraltar-based developer IOV Labs announced Wednesday that the newly released interoperability bridge would allow users to cross RSK- and ethereum-based digital assets, including ether and ERC-20 tokens, across the different protocols.

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RSK Increased Its Merged Mining Rewards; Bitcoin Miners to Gain More?

If you’re a Bitcoin miner or enthusiast, you now have another reason to smile. On October 12th, RSK, the project that brought smart contracts to Bitcoin, launched a new incentive program that will provide a big boost to its merged mining rewards program.RSK’s reward program, which compensates merged mining efforts

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Rootstock (RSK) Deep Dive: Enabling a New Degree of Functionality to Bitcoin’s Blockchain

For the last year, the focus around smart contract platforms and their real-world applications has been centred around decentralized finance (DeFi). Although most developers and dApps are currently working on the Ethereum network, this entire space is nascent and a clear winner is yet to be decided. In this piece,

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