Coinbase said that cbBTC is the first token issued on Solana.
Sky is rethinking its recent decision to offboard WBTC, following BA Labs’ assessment that the risk to WBTC exposure is now “more acceptable”.
With WBTC being phased out, the protocol is now exploring alternative wrapped Bitcoin solutions.
BitGo, the firm behind WBTC, announced last week that it would become a minority shareholder in its own project, while Justin Sun and BiT Global will be the majority stakeholders.
The Coinbase Wrapped Bitcoin will operate as an ERC20 token backed 1:1 with BTC held by the exchange on behalf of the users.
TeleportDAO is making waves in the market with its TeleSwap protocol, which allows users to swap Wrapped Bitcoin (WBTC) for native Bitcoin (BTC) in a fully decentralized manner.
Besides introducing the new governance token, MakerDAO plans to debut a new stablecoin dubbed NewStable (NST).
As per the on-chain data, the unknown wallet has accumulated a total of 1,953 WBTC from the crypto exchange Binance at an average price of $58,853.
The collaboration was described as a strategic partnership between BitGo, the Tron ecosystem, and Justin Sun
The hacker hasn’t moved the $20 million in DAI stolen or any other cryptocurrencies extracted from the cross-chain bridge.
Interface fees on Uniswap are the charges incurred by traders when executing token swaps using the protocol’s wallet interface and web app.
The Orbit Chain developers said they have involved law enforcement agencies to help track the hackers and possibly freeze the stolen funds.
With the SBI investment, Zodia Custody will increase its Japan presence amid increased demand for digital assets from institutional investors in the country.
As the crypto market continues to gain momentum, investors and enthusiasts are always looking for the next big thing.
The Kokomo Finance protocol has been found to be an elaborate exit scam after developers used wrapped Bitcoin to steal user funds worth $4M.