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Nalezeno "wrapped Bitcoin": 102

WBTC Hits New High on Aave, Coinbase’s Wrapped Bitcoin Supply Soars

27.9.2024
It’s been 48 days since Bitgo revealed its partnership with Bit Global on Aug. 9, 2024. Since that announcement, the supply of wrapped bitcoin (WBTC) held on Aave V3 has soared to a new peak. Meanwhile, cbBTC, the bitcoin derivative token from Coinbase, has hit a market cap of $247.8...

Wrapped Bitcoin supplied on Aave hits record high despite backing fears

27.9.2024
WBTC is still the most popular Bitcoin wrapper, with nearly $10 billion in TVL, according to DefiLlama

Sky Adviser Recommends Halting Wrapped Bitcoin Offboarding

25.9.2024
BA Labs, an adviser to Sky, formerly known as Makerdao, has decided to stop recommending any additional parameter changes regarding the offboarding of wrapped bitcoin (WBTC) collateral. The move follows statements from Bitgo’s CEO Mike Belshe and a vote from Sky community members. Sky Adviser...

Sky reevaluates plan to offboard WBTC following discussion with BitGo CEO

25.9.2024
BA Labs, an advisor to DeFi lender Sky, says its concerns with Tron founder Justin Sun’s involvement in the custody of the Wrapped Bitcoin token have been addressed and new recommendations will be put to a vote on Oct. 3.

Sky rethinking plan to offboard WBTC after discussion with BitGo CEO

25.9.2024
BA Labs, adviser to DeFi lender Sky, says concerns about Justin Sun’s role in Wrapped Bitcoin custody have been resolved with a new vote set for Oct. 3

Sky Pauses Plan to Offboard Wrapped Bitcoin, After Chat With BitGo's Belshe

25.9.2024
An influential adviser to DeFi lender Sky, formerly known as MakerDAO, now says their concerns have been adequately addressed regarding Tron founder Justin Sun's involvement in the custody of bitcoin backing the WBTC token

Coinbase chief legal officer responds to cbBTC service terms fears

22.9.2024
Coinbase's cbBTC is backed at a 1:1 ratio with Bitcoin, which serves as the underlying asset for the tokenized BTC wrapper

Coinbase's cbBTC wrapped Bitcoin coming to Solana — Breakpoint 2024

21.9.2024
Wrapped Bitcoin products allow users to retain asset control while using Bitcoin as collateral for decentralized finance applications

DeFi lending protocol Sky to drop wrapped Bitcoin after governance vote

20.9.2024
The vote was passed with 88% in favor of offloading WBTC collateral from the Sky lending platform.

DeFi Lender Sky Ratifies Plan to Offboard Wrapped Bitcoin, Due to Sun Concerns

19.9.2024
The matter has been closely followed in crypto markets, since the Sky platform has $200 million of loans collateralized by the token, and since WBTC is one of the biggest cryptocurrencies, with nearly $10 billion outstanding

Cryptoquant: Coinbase’s cbBTC Could Challenge Bitgo in Wrapped Bitcoin Market

19.9.2024
This week, Cryptoquant researchers highlighted a new rivalry heating up in the wrapped bitcoin market, with Coinbase’s cbBTC stepping up to challenge Bitgo’s long-established reign. Coinbase’s Wrapped Bitcoin Token cbBTC Shakes Up Market Coinbase introduced its wrapped bitcoin...

Coinbase’s cbBTC surges to third-largest wrapped BTC token in just one week

19.9.2024
According to data from CryptoQuant, cbBTC circulation supply has outpaced long-established players seven days after launch.

Sky proposes dropping Wrapped Bitcoin over claimed Justin Sun ties

13.9.2024
The team behind Sky, formerly Maker, wants to drop WBTC due to what it claimed were recent changes in ownership and control “likely involving Justin Sun or affiliates.”

DeFi Lending Giant Sky Sets Vote to Offload Wrapped Bitcoin as Justin Sun Concerns Linger

13.9.2024
The action could impact $200 million of DeFi loans in the Sky ecosystem should the proposal pass

Coinbase Launches Wrapped Bitcoin for Ethereum and Base Networks

12.9.2024
Coinbase has unveiled Coinbase Wrapped Bitcoin (cbBTC), giving users a gateway to decentralized finance (defi) apps on Ethereum and Base, using bitcoin (BTC). The cbBTC token is essentially a wrapped version of bitcoin, fully backed by BTC held in Coinbase’s custody. Coinbase Wrapped Bitcoin...