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First Mover: Tron’s Play for WBTC Shows Competition to Relieve Ethereum Congestion

Compared with the traditional financial system, the cryptocurrency industry is evolving fast. Technologists are experimenting with the vast-reaching potential of blockchain. And regulation is typically immature, inconsistent and unevenly applied across international borders, allowing entrepreneurs to move fast and break things, as it were. But there’s also no shortage of competition. The

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BitGo Weighs Building a Sidechain for WBTC as Ethereum Fees Climb

Historic fee pressure plaguing the Ethereum blockchain is forcing one of decentralized finance’s (DeFi) hottest projects to consider swapping tires while driving. Digital asset trust company BitGo is in the process of “reaching out” to community partners to build an Ethereum sidechain due to heightened fees, according to CTO Ben Chan

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Tokenized Bitcoins Running on the Ethereum Network are Now a Reality Thanks to Wrapped Bitcoin (WBTC)

After a short waiting period, on Jan 30, 2019, the Wrapped Bitcoin (WBTC) project was successfully launched. Announced in October 2018, the joint initiative promoted by Bitgo, Kyber Network and Republic Protocol (now Ren) aims to create a token that runs on the Ethereum network and is backed 1:1 by

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