Coinbase’s cbBTC is backed at a 1:1 ratio with Bitcoin, which serves as the underlying asset for the tokenized BTC […]
Category: Wrapped Bitcoin
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Wrapped Bitcoin products allow users to retain asset control while using Bitcoin as collateral for decentralized finance applications.
The vote was passed with 88% in favor of offloading WBTC collateral from the Sky lending platform.
The action could impact $200 million of DeFi loans in the Sky ecosystem should the proposal pass.
Blockchain data shows that nearly 23,000 ETH was transferred into the victim’s account after negotiations opened on May 10.
Ethereum bull Anthony Sassano and Gnosis co-founder Martin Köppelmann were among those explaining later that the Wrapped Ethereum (wETH) FUD […]
No user funds have been affected by the exploit, but Inverse Finance has incurred a debt and offered the attacker […]
BitGo “unwrapped” over 11,600 WBTC last month.
Nearly 100 DeFi-friendly WBTC have already been minted as TRC-20 tokens on Tron.
Bitcoin’s price is climbing for the third straight day as more of the cryptocurrency is locked into the Ethereum network.