[Sep 13 5:52 AM] The team behind Sky, formerly Maker, wants to drop WBTC due to what it claimed were recent changes in ownership and control “likely involving Justin Sun or affiliates.”
[Sep 12 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 3:07 PM] The token will initially be offered on Ethereum and Coinbase’s Base networks, with plans to expand to more blockchains in the coming months.
[Aug 29 7:30 PM] 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…
[Aug 21 8:00 PM] In this week's issue of CoinDesk's newsletter on blockchain technology, we're covering the drama surrounding "wrapped bitcoin" as Tron founder Justin Sun assumes a custody role, signs of upheaval in the Urbit ecosystem and the rise of dark pools on…
[Aug 15 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 12 3:41 AM] BitGo recently announced a new venture to diversify its Wrapped Bitcoin custodial locations, and Justin Sun’s involvement has caused concern for some.
[Oct 22, 2023 5:30 PM] Over the span of ten months, since mid-December 2022, the cryptocurrency known as wrapped bitcoin (WBTC) experienced a reduction of nearly 23,000 coins from its circulation. Today, WBTC has 79,839 distinct wallet holders. Notably, a hefty 73.76% of…
[Sep 4, 2023 1:30 PM] Data reveals that the Lightning Network’s capacity, or the total value of open channels, has dwindled by over 14% since July 9, 2023. Following a peak of 5,468 BTC, an estimated 786 BTC valued at $20.32 million has been withdrawn from the…
[Jul 29, 2023 9:30 AM] Data reveals that since the start of the year, the count of circulating wrapped bitcoins (WBTC) has diminished, plunging by more than 22,000 WBTC. Notably, a year-long assessment reflects an even more significant contraction, with over 86,000 WBTC…
[Jul 5, 2023 8:00 AM] “We've only seen the tip of the iceberg with bitcoin DeFi today,” said Interlay CEO and Co-founder Alexei Zamyatin in an exclusive interview with CoinDesk.
[Jan 24, 2023 3:00 AM] Members of the crypto community have been discussing the number of bitcoins that have been bridged over to the Avalanche network, which is now larger than the total value locked on the Lightning Network. At the time of writing, there are 5,493…
[Jan 20, 2023 4:30 PM] Statistics show over the course of 54 days, the number of wrapped bitcoin (WBTC) hosted on the Ethereum network has decreased by 40,156. This equates to a more than 18% redemption of the circulating supply of WBTC since Nov. 27, 2022. WBTC…
[Jan 17, 2023 10:47 PM] Right now, Bitcoin is a day away from matching a nearly 10-year-old record and Ethereum could hit a significant milestone by Q2.
[Dec 14, 2022 11:57 PM] The CEO of Bitgo stated that the Alameda representative failed the security verification process required to convert wrapped-BTC into BTC.
[Nov 27, 2022 9:01 PM] Ethereum bull Anthony Sassano and Gnosis co-founder Martin Köppelmann were among those explaining later that the Wrapped Ethereum (wETH) FUD was part of an inside joke.
[Nov 26, 2022 11:00 AM] This year, the number of tokenized bitcoins hosted on alternative blockchains like Ethereum, has dropped a great deal. Last January the number of wrapped bitcoin (WBTC) issued on the Ethereum blockchain was around 266,880 WBTC and since then, the…
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