Bitfinity Network, a new #Bitcoin layer-2 (L2) solution, has launched with U.S. $12 million in funding to create Ethereum Virtual Machine (EVM)-compatible decentralized finance (DeFi) functionality for #Bitcoin. A press release shared with Cointelegraph stated that the Bitcoin L2 will utilize Internet Computer Protocol’s (ICP) Chain Fusion Technology to enable Bitcoin-native assets "to operate in an Ethereum-compatible ecosystem." :cointelegraph:

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