Blockchain
Tap Protocol Launches Taparoo Swap: The First DeFi Solution on Bitcoin Layer 1
Tap Protocol, leading the charge in Bitcoin Layer 1 development, is proud to announce the launch of Taparoo Swap–the world’s first decentralized exchange (DEX) on Bitcoin. This first-of-its-kind launch makes decentralized finance (DeFi) accessible on the Bitcoin blockchain, removing the need for roll-ups or Layer 2 solutions. It represents a major milestone, unlocking new functionality for the original blockchain.
Taparoo Swap brings peer-to-peer swaps and liquidity pools directly on Bitcoin’s primary layer. Its launch follows a highly successful beta-testing phase where more than 2,000 swaps were executed, moving about 4 Bitcoin–even with a $50 advisory limit per swap. The trial highlights the strong demand for on-chain DeFi solutions on Bitcoin and underscores Taparoo’s potential as a driving force in advancing Bitcoin’s utility in the DeFi space.
Utilising smart contracts to complete transactions, Tap Protocol and Taparoo Swap enable this functionality directly on Bitcoin–no roll-ups or Layer 2 solutions required. It also drives efficiency on the chain, solving a challenge faced by developers seeking to enhance Bitcoin’s utility.
“It’s been a long-standing belief that you cannot build on Bitcoin without enhanced developments or updates across the chain. Taparoo Swap is just one example of how Tap Protocol is making this possible” said Benny the Dev, developer and CEO of Tap Protocol.
The growing community of users and supporters on the platform is already rallying behind Taperoo Swap’s vision—mirrorint the transformative impact that similar platforms have achieved on chains like Ethereum and Solana.
Already the platform’s growing community of users and supporters is rallying behind Taparoo Swap’s vision to mirror the transformative impact that similar platforms have achieved on chains like Ethereum and Solana.
“Taparoo Swap represents a monumental leap forward for Bitcoin,” said Neil Fitzhugh, Head of Marketing of Tap Protocol. “By unlocking DeFi directly on Bitcoin Layer 1, we’re redefining what’s possible for the world’s most prominent blockchain and empowering users to engage with Bitcoin in entirely new ways.”
Features of Taparoo Swap Taparoo Swap provides users a seamless, intuitive experience, offering the following capabilities:
- Connect Tap Wallets to access liquidity pools, swap Bitcoin, trade tokens in the marketplace, and utilize Ethereum bridges for enhanced interoperability.
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Engage with Robust Security Protections, featuring anti-frontrunning features that prioritize buyers and strengthen overall transaction safety.
Taparoo Swap is driven by Tap Protocol’s advanced tools and decentralized indexing capabilities, utilizing TRAC Network to support the creation of decentralized applications (dApps) and DeFi protocols. Tap Protocol offers developers the opportunity to build on Bitcoin while benefiting from cross-chain accessibility.
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Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
The post Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity) appeared first on News, Events, Advertising Options.
Blockchain
CoreNest Capital Announces Strategic Investments in SpaceX, CTGT, Open Clinic, Asha Health, CollectWise, Curo, Hybrd, and Study Dojo
OpenAI, xAI, SpaceX, Weave Robotics, Blaze Payments, Domu AI, Phonely AI, Andromeda Surgical, Texture Capital, Artisan AI, Piramidal,Avatar Medical, OpenCall, Fleak AI, Algorized, itsElectric, Dili, CTGT, Open Clinic, Asha Health, CollectWise, Curo, Hybrd, Study Dojo, Sologenic, Coreum, Pulsara
Blockchain
The World Market for RegTech 2025-2030: Growth Trends, Industry Chain Analysis, Regional Insights, SWOT Analysis and Market Shares of Leading Players – Thomson Reuters, Deloitte, PwC, Accenture, IBM & More
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io.finnet and Cede Labs Partner to Transform Multi-Exchange Portfolio Management for Institutions
