Coinbase set to delist WBTC amid cbBTC expansion - wbtc

Coinbase set to delist WBTC amid cbBTC expansion

Coinbase announced via an X post on Tuesday that it will suspend WBTC trading across all its platforms on December 19.

Coinbase To Delist wBTC Trading Amid Justin Sun Increasing Influence - wbtc, wrapped bitcoin, sun

Coinbase To Delist wBTC Trading Amid Justin Sun Increasing Influence

Coinbase has officially announced plans to suspend trading for Wrapped Bitcoin (wBTC) starting December 19, 2024. Users will retain the ability to transfer their wBTC tokens off the exchange even after the delisting. The crypto exchange stated that t

Ronny Mugendi
Threshold Network proposes bold plan to further decentralize WBTC - bitcoin, wrapped bitcoin, wbtc, threshold network

Threshold Network proposes bold plan to further decentralize WBTC

Threshold Network has proposed further decentralizing BitGo’s Wrapped Bitcoin (WBTC) amid its recent challenges in the DeFi market. On Oct. 9, Matt Luongo, founder of the Bitcoin-focused venture studio Thesis, outlined the goal of expanding the numbe

Oluwapelumi Adejumo
Wrapped Bitcoin Transfers Reserves Ahead Of Controversial Restructure - wbtc, value

Wrapped Bitcoin Transfers Reserves Ahead Of Controversial Restructure

WBTC’s total value locked abruptly fell 99% on DeFi Llama.

Samuel Haig
Why Wrapped Bitcoin on AAVE surged past $2B, explained - btc, eth, aave, wbtc

Why Wrapped Bitcoin on AAVE surged past $2B, explained

WBTC bridges the gap between BTC and ETH. Yet, AAVE has reaped the most benefits, amassing 37K WBTC in supply.

Ripley G
Sky reevaluates plan to offboard WBTC following discussion with BitGo CEO - tron, defi, wbtc, sky

Sky reevaluates plan to offboard WBTC following discussion with BitGo CEO

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.

Cointelegraph by Martin Young
Aave Community Split on WBTC Amid Justin Sun-Related Transparency Fears - tron, harmony, zero, defi, sun, polygon, optimism, wbtc, aave, bitcoin, arbitrum, avalanche, wrapped bitcoin

Aave Community Split on WBTC Amid Justin Sun-Related Transparency Fears

LlamaRisk, Aave’s risk service provider, has proposed reducing the loan-to-value (LTV) ratio of BitGo’s Wrapped Bitcoin (WBTC) to zero on the DeFi lending platform. However, the Aave community, including Marc Zeller, founder of the Aave Chan Initiati

Oluwapelumi Adejumo
FOMO HOUR 202 - SOL STARTS TO SEND IT - stablecoin, wbtc, sec, trump, crypto, sol

FOMO HOUR 202 - SOL STARTS TO SEND IT

SOL leads majors as Breakpoint begins. SOL launches Frankendancer on mainnet. Helio Pay allows Shopify items to sell on X. Franklin Templeton to launch fund on SOL. BTC short term holders fall at fastest rate in 12 years. MicroStrategy upsizes conver

James Fickel Faces $43.7M Loss and $132M Debt from Risky BTC/ETH Trading - aave, wbtc, btc, debt

James Fickel Faces $43.7M Loss and $132M Debt from Risky BTC/ETH Trading

James Fickel, a crypto investor, lost $43.7M in BTC/ETH trades after borrowing $172M in WBTC, leaving him with a $132M debt on Aave, per Lookonchain data.

Umair Younas
Crypto whale faces $28 mln WBTC liquidation: Will this affect Bitcoin? - wbtc, bitcoin, whale

Crypto whale faces $28 mln WBTC liquidation: Will this affect Bitcoin?

Bitcoin faces liquidation risks near $50K, but historical trends suggest a potential price rebound.

Lennox Gitonga
Polyhedra Announces Its Integration with BitGo to Protect Cross-chain Transactions - wbtc, chain, cross, polyhedra network, layerzero

Polyhedra Announces Its Integration with BitGo to Protect Cross-chain Transactions

As per Polyhedra Network, BitGo has selected the DVN to improve the protection of the cross-chain transactions of WBTC through LayerZero.

Umair Younas
Crypto Whale Facing Liquidation of $26,470,000 WBTC Position on Compound: Lookonchain - wbtc, whale, position, ethereum, bitcoin, eth

Crypto Whale Facing Liquidation of $26,470,000 WBTC Position on Compound: Lookonchain

A crypto whale with a $26.47 million position in Wrapped Bitcoin (WBTC) is cutting it close after barely escaping liquidation last Friday. According to on-chain data tracker Lookonchain, a deep-pocketed whale with an Ethereum (ETH) address beginning

Alex Richardson
TeleportDAO Announces Decentralized WBTC to BTC Swapping on TeleSwap - wrapped bitcoin, bitcoin, wbtc, btc

TeleportDAO Announces Decentralized WBTC to BTC Swapping on TeleSwap

[PRESS RELEASE – Vancouver, Canada, August 30th, 2024] TeleportDAO today announced the availability of a new feature on its TeleSwap protocol, enabling users to seamlessly swap Wrapped Bitcoin (WBTC) for native Bitcoin (BTC) in a fully decentralized

Chainwire
Save WBTC: Threshold Network Proposes Sweeping Changes to Wrapped Bitcoin Custody - threshold network, wbtc

Save WBTC: Threshold Network Proposes Sweeping Changes to Wrapped Bitcoin Custody

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 decentra

Jamie Redman
Bitcoin DeFi protocol Threshold proposes tBTC merger to ‘save’ WBTC - wbtc

Bitcoin DeFi protocol Threshold proposes tBTC merger to ‘save’ WBTC

Under the plan, BitGo would become “the largest holder” of Threshold’s T token while also transferring control of the WBTC mint mechanism.

Justin Sun Hints at Lowering Fees on TRON Blockchain Amid SunPump Craze - usdt, wbtc, usdc, one, meme, husd, usdd, tether, solana, tusd, circle, trx, sun, tron, imo

Justin Sun Hints at Lowering Fees on TRON Blockchain Amid SunPump Craze

Justin Sun is considering reducing fees on the TRON blockchain amid the ongoing SunPump craze, which involves meme coins built on the network. SunPump, a platform for token generation, is driving the latest market euphoria. It has propelled TRON meme

Lockridge Okoth
Whale Accumulation Total $31 Million in Bitcoin Withdrawn from Binance - whale, btc, wbtc

Whale Accumulation Total $31 Million in Bitcoin Withdrawn from Binance

A new whale has withdrawn 533.5 BTC ($31M) from Binance, aligning with a trend of 4,046 BTC and WBTC ($239.5M) from CEXs by other whales.

Kester Odero
BitGo Reiterates Autonomy From Justin Sun, Tron as MakerDAO Decides to Dump WBTC - wbtc, tron, dump, sun

BitGo Reiterates Autonomy From Justin Sun, Tron as MakerDAO Decides to Dump WBTC

Critics of Sun's involvement don't understand the operational mechanics, the crypto custodian's CEO, Mike Belshe, said during an X Space discussion.

exbasi.com
Coinbase Hints at Its Potential cbBTC amid WBTC Controversy - wbtc

Coinbase Hints at Its Potential cbBTC amid WBTC Controversy

Coinspeaker Coinbase Hints at Its Potential cbBTC amid WBTC Controversy The US-based crypto exchange Coinbase has hinted at the launch of a new product tagged cbBTC through a post on their X page. Coi

Temitope Olatunji
Justin Sun has 99 problems and WTBC is two of them - sun, wbtc, type

Justin Sun has 99 problems and WTBC is two of them

Justin Sun is now involved with the WBTC products offered by BitGo, but his history with this type of product raises concerns.

exbasi.com