Wrapped Bitcoin products allow users to retain asset control while using Bitcoin as collateral for decentralized finance applications.Source: CoinTelegraph
WBTC
Coinbase is extending its cbBTC token to the Solana blockchain, as announced at Solana Breakpoint 2024 in Singapore. The cbBTC...
Sky, formerly known as Maker, has moved forward with its decision to offload its WBTC collateral following a governance vote....
The vote was passed with 88% in favor of offloading WBTC collateral from the Sky lending platform.Source: CoinTelegraph
The matter has been closely followed in crypto markets, since the Sky platform has $200 million of loans collateralized by...
A series of transactions showed JustLend burned 60K BTC tokens on TRON. The tokens were based on an earlier deposit...
This week, Cryptoquant researchers highlighted a new rivalry heating up in the wrapped bitcoin market, with Coinbase’s cbBTC stepping up...
According to data from CryptoQuant, cbBTC circulation supply has outpaced long-established players seven days after launch.Source: CoinTelegraph
Coinbase’s cbBTC is showing high-velocity trading on Aerodrome, due to Wintermute market-making activity. The asset will attempt to displace WBTC...
A cryptocurrency investor has reaped a windfall of approximately $15.5 million after selling wrapped Bitcoin (WBTC), a token representing the...