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21.co launches Bitcoin wrapper on Ethereum
3.9.2024
It aims to bring institutional-grade security to wrapped BTC
DeFi protocol Threshold proposes Bitcoin wrapper merger to ‘save WBTC’
30.8.2024
The proposal would effectively transfer control of WBTC to Threshold.
DeFi protocol Threshold proposes Bitcoin wrapper merger to ‘save WBTC’
30.8.2024
The proposal would effectively transfer control of WBTC to Threshold.
Save WBTC: Threshold Network Proposes Sweeping Changes to Wrapped Bitcoin Custody
29.8.2024
Threshold Network has proposed a plan to enhance the stability and security of Wrapped Bitcoin (WBTC) by replacing its centralized custody model with Threshold’s decentralized system. This move comes in response to recent concerns within the decentralized finance (defi) ecosystem over...
Unknown crypto whale has been scooping up WBTC amid controversy
20.8.2024
According to Lookonchain, an unknown wallet address has accumulated more than $118 million worth of Wrapped Bitcoin in the last week
Justin Sun Moves $156.41M Worth BTC After BitGo’s WBTC Custody Change
20.8.2024
Justin Sun has moved $156.4M worth of BTC days after BitGo’s WBTC custody change announcement, causing an alarm…
Coinbase cbBTC token may revolutionize Bitcoin DeFi adoption
16.8.2024
Coinbase’s step marks the latest significant institutional entrant to the field of BTCFi
Coinbase Hints at the Launch of Its Wrapped Bitcoin Alternative on Base
15.8.2024
Coinbase, one of the largest U.S.-based cryptocurrency exchanges, has hinted at the launch of its own wrapped bitcoin alternative, cbbtc. On X, Coinbase posted the currency name, followed by another post stating that it was coming soon. Jesse Pollak, the creator of Base, Coinbase’s incubated...
BitGo Reiterates Autonomy From Justin Sun, Tron as MakerDAO Decides to Dump WBTC
15.8.2024
Critics of Sun's involvement don't understand the operational mechanics, the crypto custodian's CEO, Mike Belshe, said during an X Space discussion
Coinbase Promotes cbBTC, Wrapped Bitcoin Alternative for Base Blockchain
14.8.2024
Tweets from the crypto exchange and Jesse Pollack, the creator of Base, suggest cbBTC could run on the layer-2 blockchain
WBTC Custody Changes Prompts Defi Moves, Bitgo CEO Disregard Concerns
13.8.2024
The recent announcement of the custody change of WBTC, a wrapped version of bitcoin, has prompted a negative reaction in decentralized finance (defi) protocols that reject Justin Sun’s disclosed relation with the project. Bitgo is moving WBTC custody to a joint venture with Bit Global...
BitGo CEO argues WBTC security is unchanged amid concerns
12.8.2024
BitGo recently announced a new venture to diversify its Wrapped Bitcoin custodial locations, and Justin Sun’s involvement has caused concern for some
Wormhole instrumental in ICYMI $WBTC going live on Solana
25.6.2024
The activation of ICYMI $WBTC on Solana was facilitated by the wormhole, which enables its use throughout the DeFi ecosystem of Solana. Kamino Finance, Orca, and Drift Protocol are all involved in this. Wrapped Bitcoin ($WBTC), which is the initial wrapped bitcoin, is a kind of service allowing...
Crypto whale nets $7M from WBTC & ETH investments!
17.6.2024
One of the largest traders in cryptocurrencies closed his longs in WBTC and ETH and made a profit of $7 million. He sold 76.6 WBTC and 2,265 ETH for $13.19 million. This was the end of a leveraged investment plan that he started by borrowing funds from Aave with 5,545 ETH as collateral to purchase...
Declining But Dominant: WBTC Maintains Market Lead Over BTCB, RBTC, LBTC, and Other Derivatives
2.6.2024
The Wrapped Bitcoin (WBTC) protocol, initiated by Bitgo in 2019, holds the title of the largest BTC derivative project by market capitalization, and to date, no other project has exceeded its scale. Nonetheless, the past few years have seen a significant decline in the number of wrapped bitcoins...
WBTC address poisoner was exposed through ‘digital evidence’ — Match Systems
28.5.2024
Experts discovered personal information about the attacker by investigating IP addresses and device data connected to the attack
Zest Protocol Co-founder: Adding New Programming Capabilities Could Propel BTC’s Defi Ecosystem Beyond ETH’s
22.5.2024
According to Tycho Onnasch, co-founder of Zest Protocol, new programming capabilities which can be added to Bitcoin could help the leading crypto asset cancel out Ethereum’s early advantage of being able to deploy decentralized finance (defi) on Layer one (L1). Onnasch argued that once...
WBTC thief returns $71 million worth of stolen funds
13.5.2024
On-chain transactions leading up to the return suggest this wasn’t a white hat hacker but a malicious actor who intended to steal the funds before investigators got involved
WBTC address poisoner sends nearly all funds back to victim after negotiations
10.5.2024
Blockchain data shows that nearly 23,000 ETH was transferred into the victim’s account after negotiations opened on May 10
Crypto Scam Update: Stolen $71M WBTC Loot Distributed Among Multiple Wallets
8.5.2024
Stolen crypto funds tied to a recent $71 million wallet impersonation scam have started moving after six days.
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