💥 $446M in Longs Liquidated + @BitlayerLabs ’s Bold Move 💥
The crypto market just reminded us who’s boss — over $446,000,000 worth of longs were liquidated in the past 24 hours. Painful for traders, but events like this always set the stage for innovation to shine. Enter Bitlayer Network, which just dropped its V2 Whitepaper and teased V3 during the Summer Launch 2025 event.
V2 introduces a dual-level architecture: Proof-of-Stake for lightning-fast block production and rollup for Bitcoin-anchored security. Think Bitcoin-level safety, sub-second finality, decentralized sequencing, plus an escape hatch for withdrawals. This isn’t just incremental — it’s a serious step toward scaling Bitcoin into something more usable.
And they didn’t stop there. Bitlayer previewed V3, focused on institutional-grade DeFi: a customizable trading engine, scalable design, and EVM-compatible parallel execution. In simple terms, faster trades, lower fees, and DeFi that actually scales.
