Weekly Update – DevHack, Community Event and More!

Dec 15, 2023

Hi DeFiChain Community!

As another week rolls by, we bring you the latest updates, developments, and opportunities within the DeFiChain ecosystem. Let's get straight into the highlights of this week.

DevHack 2023 by DeFiChain Wraps Up

DeFiChain DevHack 2023 concluded last week, marking a significant chapter in our journey. This first-ever hackathon for DeFiChain was a resounding success with:

  • Impressive Participation: Over 300+ applicants and 230+ attendees at two in-person events.
  • Innovative Projects: More than 20 project submissions.
  • Grand Prize Winners: A huge congratulations to MapX, who created a next-gen geo-tagged platform. Discover more about their project here.

A special thanks to everyone who participated. Your enthusiasm and creativity are what drive our community forward!

Official Statement from DeFiChain Labs on Current Events

In light of recent news and social media discussions, DeFiChain Labs wants to clarify that it operates independently from any private company. DeFiChain Labs’s journey toward decentralization continues with a commitment to transparency and community empowerment. DeFiChain Labs are exploring future possibilities, including a DAO structure. Read our full statement here.

The UTXO Model: What Sets DeFiChain Apart

Ever wondered how Bitcoin transactions work? It's all about the UTXO model. DeFiChain uniquely combines this model with EVM for enhanced capabilities. Learn more about UTXO and its integration with DeFiChain in our latest blog post.

MetaChain Layer Launch in the News

The launch of DeFiChain's MetaChain (EVM) Layer has caught the attention of numerous news outlets! The article highlights how MetaChain will revolutionize blockchain interoperability. Check out their coverage here:

Crypto Reporter

Fintec Buzz

Bitcoin Insider

DeFiChain Community Event in Munich January 2024

The excitement is building for the DeFiChain Community Meet-up in Munich on January 7, 2024! With an incredible line-up of speakers and guests, it's set to be an unforgettable event. All tickets are now sold out – we can't wait to see you there!


Catch the latest episode of the DeFiChain News Show, discussing the latest status of the DeFiChain ecosystem. A must-watch to stay updated! Watch it here:

It's been an inspiring week, with our community showcasing its strength and commitment. Thank you for being an integral part of DeFiChain. Let's keep pushing the boundaries of what's possible in the world of decentralized finance!


Decentralized finance enabled on Bitcoin. A blockchain dedicated to fast, intelligent and transparent financial services, accessible by everyone.

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