Stacks sees crypto research platform Chain Broker, Research Group House of Chimera, and Digital Asset Firm Aspen Digital all publish positive reports on the Stacks ecosystem, as Stacks builders continue to grow prominence in the broader crypto space. Let’s dive into this week’s Stacks Snacks.
🍿 Stacks Snacks
The Stacks ecosystem now ranks #6 on the Chain Broker Brokerscore list.
Xverse releases direct STX/BTC swaps for the Xverse wallet.
ALEX protocol reports to be exploited on June 6th. The exploit is at the application layer, not the Stacks network itself. ALEX announced they will reimburse everyone within 7 days.
Crypto Research Group House of Chimera reports on Stacks making Bitcoin DeFi a reality.
Trust Machines COO Rena Shah is speaking at EthCC Cannes on BTCFI and Stacks.
😋 Other Tasty Content
Leeor Shimron shares new 31.1 version of the Stacks Endowment SIP (SIP-031).
STX Tools Founder Reubs shares update on upcoming Stacks integration for Dex Screener.
Stacks leads the next wave of tokenized Bitcoin assets, as per report by Grade A Asset Firm Aspen Digital (by Everest Ventures Group).
Stacking DAO reports on having generated $5M in revenue with just $60M+ in TVL, driven by PoX yields averaging 8–10%.
Hermetica reports on 7% APY for its USDh Bitcoin-backed Stacks stablecoin.
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Stacks is a Bitcoin layer for smart contracts; it enables smart contracts and decentralized applications to use Bitcoin as an asset and settle transactions on the Bitcoin blockchain. Stacks exists to unlock Bitcoin’s full potential as the largest, most valuable, durable, decentralized asset. Learn more here.