Cardano Founder Says ‘Welcome Home Bitcoin’ As Lace Adds BTC Support in Latest Upgrade
The post Cardano Founder Says ‘Welcome Home Bitcoin’ As Lace Adds BTC Support in Latest Upgrade appeared on BitcoinEthereumNews.com. The Cardano wallet Lace has clinched a major milestone with the release of version 1.22, officially adding Bitcoin support for users participating in its beta program. This update marks Lace’s first step into becoming a multi-chain wallet, with users now able to store, send, and manage Bitcoin directly from the interface. The Lace development team described the upgrade as a “big one,” on track with Cardano’s vision of cross-chain interoperability. The announcement triggered a response from Cardano founder and Input Output Global (IOG) CEO Charles Hoskinson. In a commentary on X, Hoskinson celebrated the moment, confirming that users could now interact with Bitcoin on the Cardano wallet. You can now use Bitcoin with Lace. Welcome home Bitcoin https://t.co/37Ms3BfTIZ — Charles Hoskinson (@IOHK_Charles) April 28, 2025 Bitcoin on Cardano Wallet Lace His excitement is due to Cardano’s broader ambition to integrate Bitcoin into its decentralized finance (DeFi) ecosystem. Although this Bitcoin support within Lace does not yet represent the full realization of Bitcoin DeFi on Cardano, it is an important development in that direction. For Hoskinson, this move validates years of work looking to bridge Bitcoin’s vast liquidity with Cardano’s smart contract platform. The Cardano founder suggested earlier this month that the integration is closer than most think. Notably, Cardano’s roadmap includes partnerships like the one with BitcoinOS, utilizing zero-knowledge (ZK) for trustless Bitcoin bridging, and protocols such as Midnight and Midgard designed to enable private and secure Bitcoin staking without the need for wrapped tokens. For context, Hoskinson is eyeing a demonstration of Bitcoin DeFi integration next month, in May 2025, at the Bitcoin Conference in Las Vegas. As the ecosystem awaits this move, Lace’s new Bitcoin functionality presents market participants with a glimpse of Cardano’s future ambitions. Despite the excitement, it is crucial to note that Lace’s Bitcoin feature…
The post Cardano Founder Says ‘Welcome Home Bitcoin’ As Lace Adds BTC Support in Latest Upgrade appeared on BitcoinEthereumNews.com.
The Cardano wallet Lace has clinched a major milestone with the release of version 1.22, officially adding Bitcoin support for users participating in its beta program. This update marks Lace’s first step into becoming a multi-chain wallet, with users now able to store, send, and manage Bitcoin directly from the interface. The Lace development team described the upgrade as a “big one,” on track with Cardano’s vision of cross-chain interoperability. The announcement triggered a response from Cardano founder and Input Output Global (IOG) CEO Charles Hoskinson. In a commentary on X, Hoskinson celebrated the moment, confirming that users could now interact with Bitcoin on the Cardano wallet. You can now use Bitcoin with Lace. Welcome home Bitcoin https://t.co/37Ms3BfTIZ — Charles Hoskinson (@IOHK_Charles) April 28, 2025 Bitcoin on Cardano Wallet Lace His excitement is due to Cardano’s broader ambition to integrate Bitcoin into its decentralized finance (DeFi) ecosystem. Although this Bitcoin support within Lace does not yet represent the full realization of Bitcoin DeFi on Cardano, it is an important development in that direction. For Hoskinson, this move validates years of work looking to bridge Bitcoin’s vast liquidity with Cardano’s smart contract platform. The Cardano founder suggested earlier this month that the integration is closer than most think. Notably, Cardano’s roadmap includes partnerships like the one with BitcoinOS, utilizing zero-knowledge (ZK) for trustless Bitcoin bridging, and protocols such as Midnight and Midgard designed to enable private and secure Bitcoin staking without the need for wrapped tokens. For context, Hoskinson is eyeing a demonstration of Bitcoin DeFi integration next month, in May 2025, at the Bitcoin Conference in Las Vegas. As the ecosystem awaits this move, Lace’s new Bitcoin functionality presents market participants with a glimpse of Cardano’s future ambitions. Despite the excitement, it is crucial to note that Lace’s Bitcoin feature…
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