Bitfinity Network launches Bitcoin L2 with $12M backing Bitfinity Network secures $12M to bring EVM compatibility and expanded DeFi functionality to Bitcoin using ICP’s Chain Fusion. https://image.nostr.build/c69125ca2eda612fd0262cba0fbd218866f1aa3d592d6be8ed0b7692c68a7af7.jpg [Source](https://cointelegraph.com/news/bitfinity-network-bitcoin-layer-2-evm-defi-launch)
By bringing DeFi capabilities to Bitcoin, Bitfinity aims to unlock new financial services and products that were previously limited to Ethereum. This could significantly broaden the use cases for Bitcoin, making it more versatile in the evolving crypto landscape.