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Ethereum-Based Swell Imports Wrapped Bitcoin to Serve as Liquid Restaking Token
14.8.2024
Users can deposit their wBTC to get swBTC in return, with yield expected to start flowing from mid-September – as part of a blockchain "restaking" scheme ultimately designed to secure protocols in the Ethereum blockchain ecosystem
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
Coinbase teases 'cbBTC’ days after BitGo Wrapped Bitcoin controversy
14.8.2024
Speculators think the post refers to Coinbase’s own wrapped Bitcoin product, which will potentially be launched on its layer-2 network Base
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
BitGo to transition Wrapped Bitcoin business to multi-jurisdictional custody
11.8.2024
BitGo claims the move of its Wrapped Bitcoin business will make it the world’s first “multi-jurisdictional and multi-institutional custody."
Former Microsoft Engineer Predicts a Gradual Shift in Blockchain Development Focus Toward Vertical Scaling
23.6.2024
While wrapped digital assets have enabled the bridging of assets and expanded their utility, their perceived need for custodianship reintroduces centralization risks and trust dependencies. This contradicts the decentralized ethos of blockchain technology, according to Chris Li, founder and CTO...
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...
Bitcoin finds ‘another’ use case via BTCfi — DLC.Link co-founder
29.5.2024
DLC.Link CEO Aki Balogh tells The Agenda how DeFi on Bitcoin will unlock BTC’s potential for collateral, yield farming and more
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 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
Address poisoning attacker sends $153K ETH to victim and agrees to negotiate
9.5.2024
The attacker who pulled off a $68 million address poisoning scam has posted two messages agreeing to negotiate with the victim
Trader Loses $68M of Wrapped Bitcoin in Address Poisoning Scam
4.5.2024
An unknown trader lost $68 million worth of Wrapped Bitcoin (WBTC) in a single transaction in an address-poisoning scam.
The post Trader Loses $68M of Wrapped Bitcoin in Address Poisoning Scam appeared first on Cryptonews
TOKEN2049 Day 1 Recap: Bullish Views, New BTC, Web2-to-Web3 Bridges, and TradFi Interest
30.4.2024
Industry insiders discuss the crypto market, bullish outlooks, the rising impact of ordinals and runes, the new type of wrapped BTC, the TradFi-DeFi relationship, many innovative solutions for bringing more people into Web3, and much more.
The post TOKEN2049 Day 1 Recap: Bullish Views, New...
Fezoo exchange presale becomes a beacon for Litecoin & Wrapped BNB holders amidst Bitcoin halving
29.4.2024
The Bitcoin halving is anticipated to bring a surge in price throughout the crypto ecosystem. However, as everyone in the crypto community waits, Litecoin and Wrapped BNB holders look to double their profits as they lock in on the Fezoo exchange, which stands to be the next leading crypto exchange....
BTC and ETH Derivative Tokens Dominate by Securing Several Top Positions in the Crypto Economy
17.3.2024
Throughout this month, bitcoin and ethereum have risen to their highest valuations in years. These two pivotal crypto assets have substantially influenced the cryptocurrency market, with bitcoin currently holding a 51.9% market dominance and ethereum at 17% as of mid-March 2024. Furthermore,...
Native Token Transfers Are the Next Evolution of Interoperability
6.3.2024
Wrapped assets introduced a wave of DeFi innovation that cross-chain protocols are looking to take forward
Ethereum Restaking Draws $4.4 Billion to EigenLayer Amid Surging Interest
14.2.2024
Over the past 10 days, EigenLayer witnessed a major increase in inflows, receiving over $4.4 billion with its Ethereum restaking feature as a key contributor. According to data from DefiLlama, there is now $1.93 billion worth of wrapped ether tokens locked on the protocol, as well as $2.73 billion...
Chimpzee Announces 2M Token Burn Before Debut Exchange Listing to Fuel Initial Price Action and FOMO
2.1.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. The sizzling new meme coin Chimpzee ($CHMPZ) wrapped up its $2.7M presale a few weeks back. Now, in the 30-day vesting period, the token is preparing for its inaugural exchange listing. As per...
Chimpzee Announces 2M Token Burn Before Debut Exchange Listing to Fuel Initial Price Action and FOMO
31.12.2023
The sizzling new meme coin Chimpzee ($CHMPZ) wrapped up its $2.7M presale a few weeks back. Now in the 30-day vesting period, the token is preparing for its inaugural exchange listing. As per the latest announcement, it is scheduled for January 11th. The much-awaited debut will be held on...
Steam Trolls Players With Bans Wrapped Up Like Christmas Presents
15.12.2023
Video game companies have gotten very creative when it comes to punishing cheaters, from cutting their parachutes’ strings in Call of Duty to blowing them up in Grand Theft Auto Online. But Valve just set a new benchmark for trolling players: sending them permabans wrapped up like Christmas...