Record $616M of Wrapped Bitcoin Minted in September
Monthly value of minted WBTC grew 160% from August. Source
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Wrapped
BitGo Is Bringing DeFi-Friendly Wrapped Bitcoin to the Tron Blockchain
Tron, the blockchain launched in 2017 by former Ripple devotee Justin Sun, has entered a strategic alliance with custody specialists BitGo.The partnership will bring wrapped bitcoin (WBTC) and BitGo’s newly-minted Wrapped Ether into the Tron ecosystem as TRC-20 tokens. (Both are ERC-20 tokens backed 1:1 by bitcoin and ether, respectively,
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Alameda Research Claimed Nearly 70% of Wrapped Bitcoin Minted In August
The firm claimed 14,654 WBTC in August following approval of its Compound collateral proposal. Source
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Compound Protocol Approves 40% Collateral Factor for Wrapped Bitcoin
Wrapped Bitcoin (WBTC), an ERC-20 token that tracks the price of bitcoin (BTC) can now be used on DeFi protocol Compound (COMP) with a 40% collateral factor. WBTC Goes Live on Compound with 40% Collateral A community proposal floated by Compound holders in May 2020 has finally received the green light
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New Wrapped Bitcoin Platform Allows You to Transact in BTC Using Tezos
On April 8, the Bitcoin Association Switzerland (BAS) announced the launch of a new wrapped bitcoin project called Tzbtc. The token will
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Wrapped Crypto Tokens, Explained | CryptoX
5.Because Ethereum is the biggest DeFi ecosystem, wrapped tokens are often those hosted on other blockchains but are also stablecoins that are pegged to the dollar. Many of the first wrapped assets were, in fact, fiat-backed stablecoins, such as tokens with prices pegged to the dollar — Tether, Coinbase’s USDC or
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Privacy Coin Zcash Community to Develop Wrapped Token for Ethereum
The privacy-focused cryptocurrency Zcash (ZEC) is seeking access to Ethereum’s decentralized finance (DeFi) ecosystem.Zcash’s shielded addresses on the Ethereum networkOn Oct. 13, Coindesk reported that the topic of interoperability was the theme of the now concluded Devcon 5 developer conference in Osaka, Japan, where a number of smaller cryptocurrency
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