PANews reported on October 31 that, according to The Block, Bitcoin DeFi protocol Lombard Finance announced the acquisition of Avalanche's (AVAX) cross-chain Bitcoin asset BTC.b and its related infrastructure. The transaction was initiated by Ava Labs. BTC.b has a market capitalization of approximately $502 million and will continue to operate on Avalanche, with its contracts and name remaining unchanged.PANews reported on October 31 that, according to The Block, Bitcoin DeFi protocol Lombard Finance announced the acquisition of Avalanche's (AVAX) cross-chain Bitcoin asset BTC.b and its related infrastructure. The transaction was initiated by Ava Labs. BTC.b has a market capitalization of approximately $502 million and will continue to operate on Avalanche, with its contracts and name remaining unchanged.

Lombard Finance acquires Avalanche's cross-chain Bitcoin asset BTC.

2025/10/31 00:05

PANews reported on October 31 that, according to The Block, Bitcoin DeFi protocol Lombard Finance announced the acquisition of Avalanche's (AVAX) cross-chain Bitcoin asset BTC.b and its related infrastructure. The transaction was initiated by Ava Labs. BTC.b has a market capitalization of approximately $502 million and will continue to operate on Avalanche, with its contracts and name remaining unchanged.

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Unlocking New Horizons: Kalshi’s Seamless Base Deposits Now Live

Unlocking New Horizons: Kalshi’s Seamless Base Deposits Now Live

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The ability to quickly deposit USDC, a stablecoin pegged to the US dollar, reduces volatility risk during the funding process. This stability is particularly attractive for a platform where users are betting on real-world outcomes, allowing them to focus on market analysis rather than transaction logistics. The integration also broadens Kalshi’s appeal, potentially attracting a wider audience from the Coinbase ecosystem. Lower Transaction Costs: Users benefit from significantly reduced gas fees compared to Ethereum mainnet. Faster Confirmations: Deposits are processed more quickly, allowing for immediate market participation. Enhanced Accessibility: Leverages Coinbase’s infrastructure, making it easier for their users to access Kalshi. Improved User Experience: A smoother, more efficient funding process reduces friction and enhances overall satisfaction. Navigating the Future with Kalshi Base Deposits This move by Kalshi is not just about adding a new deposit option; it’s about positioning itself at the forefront of blockchain innovation for regulated financial products. As the crypto landscape evolves, platforms that prioritize user experience through technological advancements will undoubtedly gain a competitive edge. The decision to embrace Base demonstrates Kalshi’s commitment to providing a cutting-edge service. While the benefits are clear, users should always remain informed about the specifics of using Layer 2 networks. Understanding the bridging process and any associated risks is essential for a secure experience. However, the general trend points towards greater adoption of such solutions, making this a forward-looking step for Kalshi. What Are the Implications for the Prediction Market Ecosystem? The successful implementation of Kalshi Base deposits could set a precedent for other prediction market platforms. 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How do Kalshi Base deposits benefit users? Users benefit from lower transaction fees and faster deposit times when funding their Kalshi accounts with USDC via Base, leading to a more efficient and cost-effective trading experience. Is USDC secure when deposited via Base on Kalshi? Yes, USDC deposited via Base on Kalshi benefits from the security features of both the Base network and Kalshi’s regulated platform. Base is built with a strong focus on security, leveraging the underlying Ethereum network’s robustness. Can I use other cryptocurrencies for deposits on Kalshi via Base? Currently, Kalshi has added support for USDC deposits via Base. Users should check Kalshi’s official documentation for any future additions of other cryptocurrencies or networks. If you found this article insightful, consider sharing it with your network! Help us spread the word about the exciting developments in the crypto prediction market space. To learn more about the latest crypto market trends, explore our article on key developments shaping the decentralized finance sector’s institutional adoption. This post Unlocking New Horizons: Kalshi’s Seamless Base Deposits Now Live first appeared on BitcoinWorld.
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Coinstats2025/10/31 04:40