First Mover Americas: Stacks' Token Starts March With a Bang

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First Mover Americas: Stacks' Token Starts March With a Bang
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$STX, the native token for Bitcoin layer 2 network Stacks, continues rise on NFT activity, and a third former FTX_Official pleads guilty. LedesmaLyllah reports.

STX, the native token for Stacks, which is the Bitcoin blockchain's layer-2 chain for smart contracts,

outperformed the rest of the crypto market on Wednesday, surging 15% on the day. The token, which gained over 200% in February, is said to be climbing on the back of . In the past 24 hours, bitcoin, the world’s largest cryptocurrency by market cap, and ether each rose about 1.5%.in a New York court on Tuesday, becoming the third former executive from the FTX web of entities to do so., who worked with FTX founder Sam Bankman-Fried at the defunct crypto exchange, was reported to have been looking for a plea deal with prosecutors last month. Singh pleaded guilty to charges including fraud and conspiracy. Reuters reported the news on Tuesday.

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