Stacks ecosystem becomes #1 Web3 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 rewards for performing tasks like running nodes. To date, the mechanism has delivered over $50 million worth of BTC rewards and surpassed $1 billion in total value locked.

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Source: Cryptocurrency -

Going meta: Disney, Second Life and K-pop

Bitfinex advises Ontario-based users to close accounts before March 1