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Trump’s WLFI Invests Over $113M in Wrapped Bitcoin & Others
20.1.2025
World Liberty Financial (WLFI), a decentralized finance platform tied to Donald Trump and his family, conducted a massive…
Trump-Linked Defi Project World Liberty Financial Purchases $47 Million in Wrapped Bitcoin
20.1.2025
A decentralized finance (defi) project linked to Donald Trump has acquired $47 million worth of wrapped bitcoin (WBTC), according to blockchain analytics platform Arkham Intelligence. World Liberty Financial Acquires $47 Million in Wrapped Bitcoin The purchase was made by World Liberty Financial,...
Wrapped Bitcoin Derivatives: Concerns Around Lack of Transparency Emerge
9.1.2025
It’s not clear if all derivative assets that require bitcoin as collateral are fully backed as many assume. Is the Bitcoin Derivative Asset Market Built on a House of Cards? Some bitcoin (BTC) derivatives that claim to be fully backed by the cryptocurrency could be on shaky ground, according...
Could Bitcoin Become DeFi’s Collateral of Choice? Lombard Finance Says So
19.12.2024
Lombard Finance aims to produce a yield-bearing bitcoin token, and potentially unleash a new wave of liquidity into the DeFi ecosystem
Coinbase Secures Win Against BiT Global in Lawsuit Over Wrapped Bitcoin
18.12.2024
Coinbase has prevailed in a legal dispute with BiT Global over the planned delisting of wrapped Bitcoin (wBTC)…
Coinbase slammed for linking WBTC delisting to Justin Sun
18.12.2024
Some crypto community members have criticized Coinbase for not giving technical reasons for delisting WBTC and justifying its decision by citing Justin Sun-linked risks
Coinbase slammed for linking wBTC delisting to Justin Sun
18.12.2024
Some crypto community members have criticized Coinbase for not giving technical reasons for delisting wBTC and justifying its decision by citing Justin Sun-linked risks
Coinbase Says It Nixed wBTC Because Justin Sun Posed 'Unacceptable Risk'
17.12.2024
BiT Global, issuer of the "wrapped bitcoin" token, "refused" to answer Coinbase's questions about Sun's involvement, the exchange said in a court filing
Coinbase Hit with $1 Billion Lawsuit Over Wrapped Bitcoin
13.12.2024
Coinbase, a popular crypto exchange, is facing a lawsuit from Hong Kong-based BiT Global Digital Limited, seeking damages…
Wrapped Bitcoin flash crashes to $5K on Binance exchange
24.11.2024
Wrapped Bitcoin was launched in 2019 to give Bitcoin investors an option to use the asset in decentralized finance applications
$500M WBTC Burned in the Wake of Coinbase’s Delisting Move
24.11.2024
Five days ago, Coinbase announced plans to remove wrapped bitcoin (WBTC) from its platform on Dec. 19, 2024. In the days following the announcement, the WBTC supply has contracted. Wrapped Bitcoin’s Supply Drops by 5,844 Coins in 8 Days On Nov. 16, the WBTC supply on Ethereum was recorded...
BiT Global claims Coinbase delisted WBTC for ‘competitive advantage’
21.11.2024
Coinbase contends the delisting was based on a standard review of WBTC’s suitability to trade on the exchange
Wrapped Bitcoin in DeFi: Evaluating wBTC, cbBTC and tBTC
20.11.2024
Explore how trade-offs between centralization, security, and adoption are shaping wrapped Bitcoin protocols
Coinbase Delists Wrapped Bitcoin wBTC, Citing 'Listing Concerns'
20.11.2024
Announcement comes shortly after the exchange launched its own ‘wrapped’ bitcoin on Base – cbBTC
Coinbase to delist WBTC
19.11.2024
Coinbase has already discontinued market trading of WBTC and is only facilitating limit orders
Wrapped in Chains: Bitcoin’s Centralization Trap
9.11.2024
This Op-Ed explores if there is a way out of the centralization cycle for wrapped Bitcoin. TLDR: The Greeks wrote about Sisyphus, eternally pushing his boulder uphill, only for it to roll back down. In crypto, we keep pushing Bitcoin toward decentralization, only to watch wrapped versions roll back...
Coinbase Launches Wrapped Bitcoin Token on Top of Solana
8.11.2024
Coinbase, the largest U.S.-based cryptocurrency exchange, announced the launch of cbbtc, its in-house developed wrapped bitcoin token, on top of the Solana network. Highlighting the significance of this move, Coinbase stated: “This is the first token Coinbase has issued on Solana, and with...
Coinbase wrapped Bitcoin deploys on Solana, aimed at growing DeFi market
8.11.2024
The deployment will allow users to utilize Bitcoin in Solana’s burgeoning DeFi ecosystem, according to Coinbase.
Justin Sun Might Be Good for Wrapped Bitcoin, Says New Custodian's Director
23.10.2024
The business plan for WBTC is to increase the outstanding amount by five to 10 times what is now, just under $10 billion – using a geographically diversified custodial setup that might be more appealing to buyers outside the U.S
Kraken Unveils a New Wrapped Bitcoin Product—Here’s What It Means for Defi
18.10.2024
Kraken has launched KBTC, a wrapped bitcoin product fully backed 1:1 by bitcoin and compatible with multiple networks. KBTC aims to expand bitcoin’s use beyond its native chain and into decentralized finance (defi) ecosystems. Kraken Introduces KBTC to Enhance Bitcoin’s Utility Across...