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The Keep Network has released details for the second iteration of its “trust-minimized” Bitcoin tokenization protocol, tBTC.In an April 11 blog post, Keep Network developer, Evandro Saturnino, outlined several changes the protocol is considering to address it’s past issues with collateralization.tBTC’s second iteration is expected to require stakers to only
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A decentralized way to copy bitcoin (BTC) over to Ethereum is relaunching today after a smart-contract bug sunk the project in May. Called tBTC, the Thesis-built protocol was first announced in April, and is now ready for a fresh start. BTC holders who want to use Ethereum but worry about censorship
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Keep Network says a flawed code addition forced the shutdown of its bitcoin-backed Ethereum token, tBTC, just two days after it launched.On May 18, deposits of bitcoin into tBTC were paused for 10 days – a move prompted by a bug that was supposedly missed by a security audit and
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Blockchain venture studio Thesis has put a pause on deposits into tBTC, its new platform meant to put BTC on Ethereum so BTC can be used in decentralized finance.The Thesis team cited a bug, but is not disclosing details until all funds have been safely withdrawn from this iteration of
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U.S.-based entrepreneur, Matt Luongo has launched a blockchain protocol dubbed Keep, which aims to bridge the gap between the Bitcoin and Ethereum distributed ledgers through the tBTC altcoin. With tBTC, holders of bitcoin (BTC) will now be able to access Ethereum-based DeFi solutions without having to sell off their BTC
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