Crypto Updates

B2 Network Brings DeFi to Bitcoin via Bitget Wallet

Bitget

Bitget
Wallet, Asia’s largest non-custodial Web3 wallet, has announced a new
partnership with Bitcoin Layer 2 company B2 Network. The collaboration will
give Bitget Wallet’s over 15 million global users access to B2 Network’s cross-chain
transactions directly through Bitget’s mobile and browser-based applications.

By
integrating smart contracts into the Bitcoin network, B2 Network serves as a
platform for pioneering DeFi, NFT, derivatives, and other applications while
leveraging Bitcoin’s massive $1.1 trillion market capitalization. As an
EVM-compatible Bitcoin Layer 2 solution built on zero-knowledge proofs, B2
Network enhances transaction speeds and expands application possibilities
without compromising security.

Specifically,
the partnership enables Bitget users to seamlessly conduct cross-chain
transactions of BTC assets via B2 Network at faster speeds and lower costs than
transacting directly on the Bitcoin blockchain. Users can also participate in
B2 Network’s airdrop programs through their Bitget Wallet connection.

“We
keep engaging in Bitcoin ecosystem development, support and collaborate with
Bitcoin protocols and Layer 2 networks, providing users with new assets and
opportunities,” Alvin Kan, the COO of Bitget Wallet, commented on the
partnership.

Click Here to Read the Full Original Article at CryptoCurrency – Finance Magnates | Financial and business news…