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21Shares launches 21BTC to disrupt the WBTC market on Ethereum

Andrea Porcelli - 0
In the ever-evolving landscape of cryptocurrencies, one of the most interesting novelties of recent times is the launch of 21BTC by 21Shares.  This new product has been designed to revolutionize the market of tokenized Bitcoin on Ethereum, with the aim of offering greater security and transparency compared to existing solutions, such as Wrapped Bitcoin […]

Wrapped Bitcoin (WBTC) is in no danger on Ethereum

Alessia Pannone - 0
Despite the scaremongering generated on Twitter, WBTC is perfectly fine

wBTC arrives on Tron

Alfredo de Candia - 0
The news was given a short while ago by Justin Sun

wBTC, tBTC or pBTC? How to choose a Bitcoin pegged token

Alfredo de Candia - 0
One aspect that has evolved with the progressive growth of the decentralized finance sector (DeFi) is the possibility of using BTC on other blockchains

WBTC becomes collateral for DAI

Alfredo de Candia - 0
A vote allowed the new integration with the algorithmic stablecoin

Wrapped Bitcoin (WBTC)

Trajche Petrov - 0

The operation of Wrapped Bitcoin is quite simple; a user who owns a certain amount of BTC in their wallet can request either from an enabled "merchant", by undergoing KYC and/or AML processes, or through a DEX, to transform their sum into WBTC, which are minted according to the demand. This will allow the user to use them as they wish within any Lending or Margin Trading dApps, for example.

Each time a WBTC is minted or burned, the blockchain will track and verify any changes. The process of reducing the circulating supply, called "Burning" in technical language, occurs as soon as the user requests to redeem their WBTC in BTC. 

The integrity of the WBTC ecosystem is made possible thanks to the interaction of different parties, including enabled "merchants", DEXs, "custodians" and DAO members. 

It is possible to keep track of the continuous updating of the network in the WBTC "Order Book".

Coinbase unlocks cbBTC, soon also on Solana: a new chapter for the wrapped Bitcoin

Alessia Pannone - 0
Analysis of refund policies and the regulatory context.

EigenLayer enables restaking on Bitcoin: new incentives introduced for deposits in tBTC

Alessandro Adami - 0
EigenLayer initiates the restaking of Bitcoin with tBTC on its platform in collaboration with Threshold Network

Coinbase accused of writing Bitcoin IOUs for BlackRock: the response from the CEO

Stefania Stimolo - 0
On X, Brian Armstrong denies the existence of a conspiracy to manipulate BTC price.

Coinbase launches cbBTC: its version of Wrapped Bitcoin for Ethereum and Base

Andrea Porcelli - 0
Coinbase, one of the largest and most respected cryptocurrency exchange platforms in the world, has recently introduced its version of Wrapped Bitcoin, called cbBTC.  This new tool has been developed to bring the potential of Bitcoin into the growing ecosystem of decentralized finance (DeFi) on Ethereum and Base, the Layer 2 blockchain developed by Coinbase.  […]
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