![Omnichain BTC Asset FBTC Crosses $100M in TVL, Ignition Unveils “Sparkle” Campaign"](/content/images/size/w400/format/webp/2024/08/Omnichain-BTC-Asset-FBTC-Crosses--100M-in-TVL--Ignition-Unveils--Sparkle--Campaign.jpg)
![Omnichain BTC Asset FBTC Crosses $100M in TVL, Ignition Unveils “Sparkle” Campaign"](/content/images/size/w400/format/webp/2024/08/Omnichain-BTC-Asset-FBTC-Crosses--100M-in-TVL--Ignition-Unveils--Sparkle--Campaign.jpg)
Bitcoin (BTC) is the first decentralized open-source cryptocurrency in existence. Bitcoin represents a Layer-1 peer-to-peer (P2P) digital asset exchange system that enables the transfer of digital currencies from one person to another without relying on a central authority.