Bitcoin-native decentralized finance (DeFi) will be among the hottest themes in 2025 as institutional Bitcoin adoption accelerates and its DeFi ecosystem matures, several industry executives told Cointelegraph. The growth potential for BTC staking i
The Eigen Foundation announced that it will allocate 1% of the EIGEN token supply to the Protocol Guild — a group of core developers responsible for maintaining the Ethereum layer-1 blockchain.According to the Eigen Foundation, the funds will be used
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
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
Top US-based crypto exchange Coinbase is teasing its new wrapped version of Bitcoin (BTC) to Ethereum (ETH) layer-2 scaling solution Arbitrum (ARB). In a new announcement on the social media platform X, Coinbase Assets tells its audience that Coinbas
WBTC is still the most popular Bitcoin wrapper, with nearly $10 billion in TVL, according to DefiLlama.
The increase in Base's daily active addresses can be linked to the launch of Coinbase's Wrapped Bitcoin and the introduction of the Base Name Service.
21.co, the parent company of 21Shares, has integrated Chainlink’s Proof of Reserve on Solana and Ethereum to increase transparency for its Wrapped Bitcoin 21BTC. The system allows real-time verification of Bitcoin reserves backing 21BTC, ensuring tha
Coinbase’s chief legal officer, Paul Grewal, has taken to X to clarify the exchange’s refund policy for its new Wrapped Bitcoin product. Launched two weeks ...
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
Wrapped Bitcoin products allow users to retain asset control while using Bitcoin as collateral for decentralized finance applications.
Top US-based crypto exchange platform Coinbase is announcing the launch of Coinbase Wrapped Bitcoin (cbBTC), a Bitcoin (BTC)-backed Ethereum (ETH)-based token. In a new thread on the social media platform X, Coinbase says that cbBTC is now onchain an
21.co, the parent company of 21Shares, has launched a new wrapped bitcoin token, 21BTC, on the Ethereum blockchain, following the earlier introduction of 21BTC on the Solana blockchain. The new Ethereum-based 21BTC aims to offer users a secure and in
[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
Wrapped Bitcoin (wBTC) corresponds to approximately 10% of the overcollateralized stablecoin DAI reserves, which investors now consider removing as collateral. … Continue reading
BitGo claims the move of its Wrapped Bitcoin business will make it the world’s first “multi-jurisdictional and multi-institutional custody."