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UniBit is a dual-sided bridge, enhancing token transfer fluidity between Bitcoin and EVM chains, unlike traditional unidirectional bridges. This two-way architecture allows seamless asset movement in both directions. It ensures security through a meticulous minting and burning process: BRC20 tokens are verified and secured before minting equivalent tokens on the EVM chain, and withdrawals involve burning EVM tokens and securely transferring the equivalent value back to Bitcoin. This secure framework minimizes hacking risks. UniBit's bridge fosters collaboration between Bitcoin and EVM ecosystems, expanding the utility and reach of BRC20 and ERC20 tokens.

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IDO on Bullperks. Details:<ul><li>Target Network: Arbitrum</li><li>Deposit: USDT</li><li>Type: IDO</li><li>Start: 22 Mar, 2024 16:25 PM</li><li>End: 24 Mar, 2024 19:00 PM</li><li>Total Raise: </li></ul><ol><li>16,666,666.67 UIBT</li><li>200,000 USDT</li></ol>

Unibit

Unibit is a dual-sided bridge, making cross-network transfers between BRC20 and EVM chain tokens.

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This analysis report, backed by quality data, covers the major developments the Web3, Blockchain and Crypto sector has experienced this week.  1. Breaking News This Week  Warning Issued to Shiba Inu Community Amid Rising Phishing Scams  Shiba Inu’s marketing strategist alerts users about phishing links from hacked accounts, emphasising caution against conn

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