wBTC

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

Competition builds in market for tokenized bitcoin, used to get extra profit off holdings of the cryptocurrency recently denigrated as a "pet rock."

Markets  ·  25 September 2020

BitGo Is Bringing DeFi-Friendly Wrapped Bitcoin to the Tron Blockchain

The partnership will bring BitGo’s wrapped bitcoin (WBTC) into the Tron ecosystem as a TRC-20 token.

Business  ·  24 September 2020
BitGo

BitGo Weighs Building a Sidechain for WBTC as Ethereum Fees Climb

Digital asset trust company BitGo is in the process of “reaching out” to community partners to build an Ethereum sidechain because of rising fees, according to CTO Ben Chan.

Tech  ·  25 August 2020
Bitcoin

Market Wrap: Stuck at $11.5K, Bitcoin Surpasses 25K Locked in DeFi

A dull bitcoin market contrasts with increasing use of the cryptocurrency in DeFi applications.

Markets  ·  13 August 2020
wBTC

Nearly $100M in Bitcoin Moved to Ethereum in July, Led by Retail Traders

Over 76% of tokenized bitcoin have been minted by Wrapped Bitcoin.

Markets  ·  1 August 2020
Bitcoin

Nearly $60M in Bitcoin Moved to Ethereum in June

Nearly $60 million worth of bitcoins moved to Ethereum during June, 75% of which came through Wrapped Bitcoin.

Markets  ·  7 July 2020
Bitcoin

Ethereum Has Become Bitcoin’s Top Off-Chain Destination

The most popular way to use bitcoin off-chain is on Ethereum, recent data indicates.

Markets  ·  4 June 2020
MakerDAO

Why $4M Dai Made From WBTC Matters for DeFi’s Maturation

Crypto lender Nexo minted $4 million in dai on MakerDAO using synthetic bitcoin token WBTC as collateral. Here's why that matters.

Tech  ·  20 May 2020