[Jan 16 4:37 PM] Follow me on X for more Bitcoin L2 alpha@GuerillaV2 Earlier today, Coinbase announced the launch of “Bitcoin-Backed Loans” using Base, its native blockchain. But there’s one problem. (Actually, two.)These loans are not backed by Bitcoin, nor
[Oct 18, 2024 10:00 PM] Aave, the decentralized lending platform, is among the largest DeFi protocols by total value locked (TVL). Over the years, despite the crypto price boom and bust cycle, the platform has operated flawlessly without any technical hitches. Aave User…
[Oct 1, 2024 9:47 AM] An Apollo Crypto report links DeFi resurgence to US Federal Reserve rate cuts, China’s credit expansion and improved DeFi infrastructure.
[Sep 27, 2024 2:36 PM] It’s been 48 days since Bitgo revealed its partnership with Bit Global on Aug. 9, 2024. Since that announcement, the supply of wrapped bitcoin (WBTC) held on Aave V3 has soared to a new peak. Meanwhile, cbBTC, the bitcoin derivative token…
[Sep 22, 2024 8:00 AM] Prominent altcoin Solana was one of the major headliners recently, notching an 8.22% gain in the last seven days, according to data from CoinMarketCap. This positive performance saw Solana climb as high as $150, a price mark last seen in late…
[Sep 21, 2024 7:10 PM] Wrapped Bitcoin products allow users to retain asset control while using Bitcoin as collateral for decentralized finance applications.
[Sep 19, 2024 7:30 PM] This week, Cryptoquant researchers highlighted a new rivalry heating up in the wrapped bitcoin market, with Coinbase’s cbBTC stepping up to challenge Bitgo’s long-established reign. Coinbase’s Wrapped Bitcoin Token cbBTC Shakes…
[Sep 12, 2024 6:30 PM] Coinbase has unveiled Coinbase Wrapped Bitcoin (cbBTC), giving users a gateway to decentralized finance (defi) apps on Ethereum and Base, using bitcoin (BTC). The cbBTC token is essentially a wrapped version of bitcoin, fully backed by BTC held in…
[Sep 12, 2024 11:00 AM] The exchange announced that cbBTC is now available in the United Kingdom, Australia, Singapore, and all US states except New York.
[Aug 15, 2024 9:30 AM] Coinbase, one of the largest U.S.-based cryptocurrency exchanges, has hinted at the launch of its own wrapped bitcoin alternative, cbbtc. On X, Coinbase posted the currency name, followed by another post stating that it was coming soon. Jesse…
[Aug 14, 2024 4:56 AM] Speculators think the post refers to Coinbase’s own wrapped Bitcoin product, which will potentially be launched on its layer-2 network Base.
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