Bitcoin Layer2 Network Stacks Collaborates with Talent Protocol to Launch Weekly Builder Challenge, with the first week's theme focusing on developing Bitcoin applications using Clarity 4 smart contracts. The total reward is 5,000 $STX. Clarity 4 introduces several new features, and community participation is enthusiastic.

On October 8th, the OKX market showed that tokens such as NEO, ZRX, ZRO, NEAR, and IOTA had significant rises, while W, FLOKI, STX, WLD, and SNX experienced falls.

Gate News Bot news, September 11, according to CoinMarketCap data, as of the time of writing, STX (Stacks) is currently priced at $0.69, with a rise of 7.42% in the last 24 hours, reaching a high of $0.69 and a low of $0.60. The current market capitalization is approximately $1.239 billion, an increase of $85.6 million compared to yesterday. Stacks is a leading layer-2 smart contract, application, and DeFi platform for Bitcoin. It leverages Bitcoin as a secure base layer, allowing users and developers to build applications that take advantage of Bitcoin's strengths. Stacks provides security, network effects, the Clarity smart contract language, and comprehensive developer tools along with an active community, enabling developers to create innovative applications within the Bitcoin ecosystem. Important news about STX recently: 1️⃣ **Bitcoin Ecosystem

According to Gate News bot, the Bitcoin Layer 2 network Stacks is utilizing Wormhole's NTT (Native Token Transfer) standard to achieve multi-chain deployment of its ecosystem assets for the first time. This cross-chain expansion mainly involves two core assets: the decentralized Bitcoin anchor currency sBTC and Stacks' native token STX.

Gate news, Stacks (STX) continued to pump for the third day, rising 10% in midweek trading. The vote on SIP-031 improvement proposal aimed at enhancing infrastructure is set to begin on Wednesday, which could fuel the recovery. With the ongoing bullish sentiment in the community, the number of open contracts in the Derivatives market has surged, indicating traders' bullish expectations for the market.

Gate News bot News, Copper, a company focused on digital asset custody and collateral management, announced the expansion of support for Stacks (STX) and sBTC. sBTC is a Bitcoin-based asset that sits on Stacks Layer 2 and is pegged 1:1 to BTC, enabling Bitcoin holders to access smart contracts, DeFi, and other programmable financial use cases while maintaining a direct connection to Bitcoin's value, with the aim of bringing Bitcoin liquidity to DeFi applications, creating new opportunities for yield, lending, and cross-chain interoperability. The integration enables Copper's global customers to "securely store, transfer, and manage sBTC and their existing digital asset portfolios, further enhancing access to the Bitcoin DeFi ecosystem."

Gate News bot news, the DeFi protocol ALEX has encountered an attack event due to a vulnerability in the coin listing verification logic. In this attack, the ALEX protocol lost approximately $8.37 million in assets, including 8.4 million STX, 21.85 sBTC, 2.8 WBTC, and about $150,000 in stablecoin. The ALEX Lab Foundation has responded to this incident, announcing that it will fully compensate affected users in USDC. The compensation amount will be calculated based on the average on-chain price on the evening of June 6, and payment will be completed within 7 working days after confirming the relevant information. Source: Wu Says

On May 9th, the net inflow ranking of funds in the crypto market spot shows: ETH leads with a net inflow of 239 million USD; followed closely by SOL, BTC, BNB, and PEPE. Meanwhile, in the net outflow ranking, LAYER, XRP, MEMEFI, DIGN, and STX are showing a net outflow status.