Search
Boringdao Raises $1.4M: Project’s Tokenized BTC Bridge Backed by 200% Collateral
10.10.2020
There’s a new tokenized bitcoin project coming to the decentralized finance (defi) ecosystem that’s recently received $1.4 million from blockchain investors. The project called Boringdao, a decentralized bridge between Ethereum and alternative blockchains, plans to launch...
Wrapped Bitcoin tops $1B after 900% increase in two months
8.10.2020
The recent DeFi frenzy has seen $900 million worth of Bitcoin tokenized using Wrapped Bitcoin over the past two months
Record $616M of Wrapped Bitcoin Minted in September
5.10.2020
Monthly value of minted WBTC grew 160% from August
$1B in Wrapped Bitcoin now being audited using Chainlink’s ‘Proof of Reserve’
2.10.2020
Wrapped Bitcoin is now even safer with Chainlink oracles checking custody wallets every ten minutes
Bitgo Plans to Launch Wrapped Bitcoin on the Tron Blockchain
26.9.2020
Soon there will be another network that allows people to tokenize BTC in order to leverage the underlying blockchain’s speed and fees. On September 24, Bitgo, the custodian of the Wrapped Bitcoin project (WBTC), the most popular tokenized BTC platform to-date, announced a partnership with...
Record WBTC Mint Completed by Three Arrows Capital as Demand for Bitcoin on Ethereum Continues to Grow
24.9.2020
The Singapore-based firm minted 2,316 WBTC Thursday afternoon
BitGo Is Bringing DeFi-Friendly Wrapped Bitcoin to the Tron Blockchain
24.9.2020
The partnership will bring wrapped bitcoin (WBTC) and BitGo’s newly-minted wrapped ether (WETH) into the Tron ecosystem as TRC-20 tokens
Supply of Tokenized Bitcoin on Ethereum Now Tops $1.1 B: Here’s Why
22.9.2020
The supply of BitGo’s wrapped bitcoins (WBTC) topped 76,000 after setting an all-time record of nearly 21,000 WBTC minted within one week. Here’s why
Bitcoin Supply on Ethereum Tops $1B
17.9.2020
More than 92,000 bitcoins have been tokenized on Ethereum
$700 Million Worth of Synthetic Bitcoin Is Circulating on the Ethereum Blockchain
8.9.2020
According to onchain data, there’s now 69,836 synthetic bitcoin tokens (over $700 million) circulating on the Ethereum blockchain. Out of the six synthetic bitcoin token projects, wrapped bitcoin (WBTC) commands the largest number of coins with over 63% and 44,622 WBTC. Synthetic bitcoin...
Alameda Research Claimed Nearly 70% of Wrapped Bitcoin Minted In August
4.9.2020
The firm claimed 14,654 WBTC in August following approval of its Compound collateral proposal
Onchain Data Shows $449M Worth of Bitcoin on ETH Eclipses Offchain Competitors
17.8.2020
Onchain analytics show the number of bitcoin (BTC) held on the Ethereum blockchain has been multiplying at an extremely fast rate since the end of May. On Sunday, August 16 there’s approximately 38,021 BTC on Ethereum or roughly $449 million stored in synthetic bitcoin protocols like Wbtc...
Bitcoins Are Being Tokenized Faster Than They’re Mined as DeFi Craze Continues
15.8.2020
The decentralized finance craze is causing demand for tokenized bitcoin to surge
Coinbase Reviewing 19 Crypto Assets for Listing, Including Wrapped Bitcoin and Paxos Gold
1.8.2020
Crypto exchange Coinbase said Friday that it is reviewing 19 cryptocurrencies for possible listing. These new assets are: Ampleforth, Band Protocol, Balancer, Blockstack, Curve, Fetch.ai, Flexacoin, Helium, Hedera Hashgraph, Kava, Melon, Ocean Protocol, Paxos Gold, Reserve Rights, tBTC, The Graph...
Coinbase Mulls Listing Ampleforth, Paxos Gold, Wrapped Bitcoin & More
31.7.2020
US-based major crypto exchange Coinbase said it is exploring an additional list of 19 cryptoassets that might be offered to their clients in an unspecified future.
These assets include:
Ampleforth (AMPL)
Band Protocol (BAND)
Balancer (BAL)
Blockstack (STX)
Curve
Fetch.ai (FET)
Flexacoin...
Despite Trust Model Debates, Ethereum Is Bitcoin’s Largest Sidechain by Total Value Locked
26.5.2020
The Ethereum network now has more bitcoin held in reserves than the Lightning Network, according to onchain statistics. At the time of publication, Wrapped Bitcoin (WBTC) has close to 4,000 BTC ($34.7M) held in reserves, while the Lightning Network has only 925 BTC ($8.3M). Wrapped Bitcoin...
How Cross-Chain Composability is the Future of Decentralized Finance
15.5.2020
Decentralized finance faces a liquidity issue, but there are multiple solutions in the works that hope to tap into Bitcoin’s massive market cap
New Wrapped Bitcoin Platform Allows You to Transact in BTC Using Tezos
8.4.2020
On April 8, the Bitcoin Association Switzerland (BAS) announced the launch of a new wrapped bitcoin project called Tzbtc. The token will be used on the Tezos network and each token will be backed 1:1 with BTC. The project is now the fourth tokenized project that leverages BTC on another blockchain....
Wrapped Bitcoin Aims to Kickstart DeFi on Tezos Blockchain
8.4.2020
Bitcoin Association Switzerland is partnering with the Tezos Foundation and others to create tzBTC, a bitcoin-pegged token meant to power DeFi applications on Tezos
Defi for Bitcoin: Collateral Peg Platform Provides Noncustodial BTC Lending on Ethereum
19.2.2020
During the second week of February, a new project called tBTC was unveiled that is similar to the Wrapped Bitcoin (WBTC) created with the Ethereum network. However, the tBTC effort claims to be a noncustodial application that allows users to deposit BTC, mint tBTC, and lend it with interest. Also...