The Stacks network serves as a layer-2 solution for Bitcoin, enabling the use of smart contracts and Decentralised Applications (DApps) on the Bitcoin blockchain. Its design emphasises Bitcoin’s security and robustness while introducing functionalities commonly associated with other blockchain platforms, like Ethereum. By operating as a distinct layer, Stacks allows developers to build on Bitcoin…
Stacks (STX) is down nearly 23% since last week, worsened by the current correction phase the market has entered. With the hostile market environment, Stacks (STX) has continued its downward spiral as bears mount the pressure. According to CoinStats, the token is down nearly 23% since last week, worsened by the current correction phase the…
The world’s largest digital asset manager is unveiling two new crypto investment trusts for Ethereum (ETH) rival Near Protocol (NEAR) and Bitcoin (BTC) layer-2 project Stacks (STX). In a statement, Grayscale Investment says Grayscale Near Trust and Grayscale Stacks Trust are now available for daily subscription by eligible individual and institutional investors. The new investment…