💥 Gate Square Event: #PTB Creative Contest# 💥
Post original content related to PTB, CandyDrop #77, or Launchpool on Gate Square for a chance to share 5,000 PTB rewards!
CandyDrop x PTB 👉 https://www.gate.com/zh/announcements/article/46922
PTB Launchpool is live 👉 https://www.gate.com/zh/announcements/article/46934
📅 Event Period: Sep 10, 2025 04:00 UTC – Sep 14, 2025 16:00 UTC
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Minimum 80 words
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Include CandyDrop or Launchpool participation screenshot
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🥇 1st
Bitfinity Network launches BTCL2 network and announces completion of $12 million financing.
PANews, Nov. 19th - According to Cointelegraph, BTCLayer2 solution Bitfinity Network has launched and raised $12 million in funding. It aims to create Decentralized Finance (DeFi) capabilities that are compatible with the Ethereum Virtual Machine (EVM) for Bitcoin (BTC). This funding round includes $7 million from well-known supporters, including Polychain's Beacon Fund, ParaFi, Draft Ventures, and Warburg Serres, as well as an additional $5 million from an off-chain token sale. According to the introduction, Bitfinity Network will use the chain fusion technology of Internet Computer Protocol (ICP) to make BTC native assets "able to operate in an ETH-compatible ecosystem". In addition, the security of its L2 network is strengthened by "using the powerful Proof of Stake protocol of Chain-Key technology".