The Stacks Foundation has partnered with security firm Asymmetric Research to enhance the security of the Bitcoin L2 ecosystem. Asymmetric is well-experienced in securing protocols like Solana and Cosmos. Their involvement in the Stacks ecosystem aims to enhance the security of the sBTC asset, which is backed by Bitcoin and enables decentralized programmability. Asymmetric joins other prominent market participants in the Stacks signer network. This move comes as Stacks recently resolved an investigation by the SEC, allowing them to focus on growing Bitcoin. Stacks has also made technological advancements through the Nakamoto upgrade. The native token, STX, is currently trading at $1.81.
- Content Editor ( crypto-news-flash.com )
- 2024-10-22
Asymmetric Research Joins Stacks to Strengthen sBTC Security