Stacks
CityCoins expanding services via 11 new incubated projects
The Stacks Ventures project incubator has accepted 11 projects to help make CityCoins more appealing to global mayors who want to utilize a digital asset to receive rewards and bolster their economies. Stacks Ventures is a $4 million incubator for projects on the Stacks (STX) Bitcoin layer-2 smart contract solution. CityCoins is a project that enables partnered city governments to launch their own token on Stacks, with Miami City And New York City being the first two to sign on with MiamiCoin and NYCCoin. As part of the partnerships, the local governments earn CityCoin rewards and stake the asset to receive additional rewards in Bitcoin (BTC). In its second cohort of 24 projects to be incubated, Stacks Ventures will incubate 11 that add wireless networking, Web3, gaming, nonfungible token ...
Stacks price plunges hard after rallying 70% in a day — more STX losses ahead?
Stacks (STX) pared a considerable portion of the gains it made on March 10 as the euphoria surrounding its $165 million pledge to support Bitcoin (BTC) projects showed signs of fading. STX’s price dropped by over 30% to reach a level as low as $1.33 on Friday when measured from its week-to-date high of $1.94. The selloff, in part, appeared technical as the $1.94-top fell in the same range that served as solid support between October 2021 and January 2022, only to flip later to become a resistance area. STX/USD daily price chart. Source: TradingView It also appears that traders spotted selling opportunities due to STX’s long wick candlestick on March 10. Stacks rallied by as much as 73% into the day while forming a disproportionally long bullish wick on the daily chart that hint...
Allbridge to become the first token bridge for the Stacks token
Multi-chain token bridge Allbridge will become the first to offer Stacks (STX) transfers as part of a partnership with Bitcoin software developer Daemon Technologies. STX is the native token for the Stacks Layer-1 blockchain which settles transactions on the Bitcoin (BTC) network. It currently has a market cap of $1.7 billion. Allbridge currently serves 12 blockchains including Ethereum, various Ethereum-compatible sidechains, Solana, Terra, and others. A token bridge allows crypto from one blockchain to be transferred to another one. The new bridge will allow transfers between Stacks and all chains served by Allbridge. The Stacks Bridge will go live in Q2 2022. It will initially only support transfers of STX, but is planned to support transfers of other Stacks protocol SIP010 tokens such ...
Stacks ecosystem becomes #1 Web3 project on Bitcoin
On the first anniversary of the launch of Stacks blockchain (STX), which seeks to make Bitcoin (BTC) programmable, the network achieved over 350 million monthly API requests, 40,000 Hiro (development tool for Stacks to build applications on Bitcoin) wallet downloads, and 2,500 Clarity smart contracts. According to a report by Electric Capital, a venture capital firm focused on cryptocurrencies and fintech, these statistics make Stacks the largest project on Bitcoin. More than 11,000 users earned more than 100 BTC rewards per month on Stacks due to its unique proof-of-transfer, or PoX, consensus mechanism. Miners bid BTC to verify transactions, execute smart contracts and mine new blocks on the STX blockchain and earn STX as rewards. Meanwhile, the BTC bids are sent to STX holders as reward...
VIDEO: Phyno – Stacks
Indigenous rapper Phyno premieres the visuals to his song “Stacks” for fans viewing pleasure. PentHauze Music is proud to unveil the official music video for “Stacks“, a song by Phyno. The record was released about a month ago and has enjoyed a lot of airplay. Phyno flaunts his stash of cash as well as his beautiful ladies in the music video directed by the ace Clarence Peters. Watch & share Phyno – “Stacks” below. [embedded content] You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
Phyno – Stacks
PentHauze Music unveils this brand new song “Stacks” by the record label boss Phyno. Nigerian rapper and singer Phyno is right back with a new tune for his fans titled “Stacks“. It has been a while since Phyno dropped a personal track as he has been gracing other collaborations lately. The prolific rapper promised fans a new album after his protege Cheque has released his debut album “Bravo“. This is something worth adding to your music playlist. The song was produced by Eli and M&M was done by Swaps. Listen, enjoy Phyno – “Stacks” below & share. https://www.naijamusic.com.ng/wp-content/uploads/2021/09/Phyno_-_Stacks_NaijaMusic.com.ng.mp3 Download You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giv...
